2012-11-21 00:10:34 - Intravenous (IV) Solutions: A Global Strategic Business Report - a new market research report on companiesandmarkets.com
Driven by an aging global population and advancements in medical technology, the global market for intravenous solutions is projected to reach $7.2 billion by the year 2017. The increasing demand for quality healthcare in developing markets is also expected to fuel demand for a wide range of intravenous solutions.An expanding population, growing proportion of the elderly, and upgradation and advancements in the delivery of healthcare services are fostering growth in the global IV solutions market. The growing demand for IV solutions is also attributed to the increasing significance of IV infusion therapy in various healthcare treatments. This is attributed to the numerous new developments in the fields of medications and antibiotics utilized in chemotherapy, renal & peritoneal dialysis centers, and
burn centers, which are in turn favoring intravenous usage. Changing reimbursement policies of various governments are driving hospitals to look for effective approaches for the administration of drugs, intravenously. Such changes in policies have also led to the development of portable and light injection devices, which allow patients to receive intravenous treatments in physician offices or clinics and in home environment. The demand for portable intravenous devices, which enable patients to move even while wearing them, has also witnessed a sharp increase in the recent years.According to Global Industry Analysts, the United States and Europe account for a major share of the global intravenous solutions market. While the US is expected to continue holding the dominant position in the global IV solutions market, developing regions including Asia-Pacific are poised to register the fastest growth in view of vast and continuously expanding population base along with the cost advantage. In addition, growth in third world and emerging markets is driven by the emergence of high-quality and better healthcare infrastructure and institutions in these countries.Intravenous parenteral nutrition solutions, or the intravenous administration of nutrients using methods other than the gastrointestinal tract, are intended for patients facing difficulties in gaining the required amount of nutrition through normal eating. Increasing incidence of diseases requiring parenteral nutrition such as AIDS, cancer, and gastrointestinal disorders is likely to fuel market growth. Further, an aging global population, particularly in developed countries of the US, Japan, and Western Europe is expected to foster demand for parenteral nutrition products. Growth is also anticipated from the development of products for home use, advent of new products with improved hardware and accessories.Select players profiled in the report include Aguettant SA, B. Braun Melsungen AG, Baxter International Inc., Claris Lifesciences Ltd., Fresenius SE & Co. KgaA, Galenica Ltd., Grifols S.A., Hospira Inc., Kelun Pharmaceutical Co., Ltd., Otsuka Pharmaceutical Co. Ltd., Pfizer Inc., Terumo Corporation, and Watson Pharmaceuticals Inc.The research report titled Intravenous (IV) Solutions: A Global Strategic Business Report by Global Industry Analysts provides a strategic review of the industry, key market trends, recent product launches, strategic corporate initiatives, and profiles of key market participants. The report provides annual sales estimates and projections by the following geographic markets - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Global Industry Analysts ©
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