The global intravenous solutions market was valued at USD 13 billion in 2023 and is expected to experience a robust growth rate of 7.5% CAGR from 2024 to 2032. This growth is primarily driven by factors such as an aging population, rising malnutrition rates, and a growing number of preterm births. Additionally, the prevalence of diseases like cancer, gastrointestinal disorders, and neurological conditions is significantly increasing the demand for intravenous solutions, which are vital for providing nutrition and hydration to patients who cannot consume food orally. As more people struggle with chronic illnesses and require specialized care, the need for these treatments continues to rise.
Intravenous solutions are sterile fluids delivered directly into the bloodstream to hydrate, administer medications, balance electrolytes, and supply nutrients to patients unable to ingest food. The market is segmented based on the type of nutrition provided, with total parenteral nutrition (TPN) holding the largest market share, valued at USD 8.7 billion in 2023. TPN is essential for patients who cannot take food by mouth, delivering a range of nutrients like carbohydrates, proteins, fats, and vitamins intravenously. The demand for TPN is growing as chronic diseases such as cancer and gastrointestinal issues often lead to malnutrition, further escalating the need for specialized nutrition support.
The single-dose amino acids segment was valued at USD 4.1 billion in 2023, reflecting the significant role these nutrients play in supporting patients who are unable to eat. As more patients turn to parenteral nutrition, the demand for amino acid solutions has surged, especially with advancements in delivery systems that improve safety and efficiency.
The market is also segmented by age, with the pediatric sector expected to generate the most revenue. The increased incidence of pediatric diseases requiring intravenous therapy is a key factor in this growth. In addition, governments and healthcare organizations are investing heavily in pediatric healthcare services, further boosting the demand for IV solutions tailored for children.
By application, nutritional support remains the largest segment, with a business share of 38.8% in 2023. Nutritional support is critical for patients in intensive care units, especially those who are severely malnourished or unable to eat. As the global population ages, conditions like malnutrition and other age-related issues are driving the need for intravenous nutrition.
North America accounted for 42.7% of the market share in 2023 and is expected to maintain its dominance. The region benefits from advanced healthcare infrastructure, high healthcare spending, and an increasing number of surgeries, all of which drive the demand for IV solutions. The rise in cancer cases, along with the growth of home healthcare, is further contributing to the region’s market leadership.
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