Intravenous Solutions Market Expected To Witness A Substantial Growth Of USD 22.01 Billion By 2030Posted by Neha Bora on September 2nd, 2022 San Francisco, 2 Sep 2022: The Report Intravenous Solutions Market Size, Share & Trends Analysis Report By Product (TPN, PPN), By Nutrients (Vitamins & Minerals, Single-dose Amino Acids), And By Region (EU, APAC, North America), Segment Forecasts, 2022 - 2030 The global intravenous solutions market size is expected to reach USD 22.01 billion by 2030, registering a CAGR of 8.0% according to a new report by Grand View Research, Inc. The growing incidence rate of chronic diseases such as cancer, increase in the number of premature births, and shortage of I.V. solutions in the U.S. are some of the key factors expected to drive the market. One of the prime areas wherein intravenous (IV) fluids find usage is severe dehydration. Severe dehydration is seen in diseases such as diarrhea, resulting in the depletion of fluids from the body. According to the WHO, in 2017, diarrhea was the second leading cause of death in children under 5 years of age with around 5,25,000 lives lost each year. Intravenous (IV) fluids can play a key role in the treatment and prevention of deaths caused due to dehydration/fluid loss associated with diarrhea. Other cases where intravenous fluids find application include surgeries and emergencies. The ongoing COVID-19 pandemic is expected to have a positive impact on the market. Intensive Care Units (ICU) worldwide are either operating at full capacity or are overcrowded due to the high influx of patients infected with severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). As per an article published by BBC, in January 2021, critical care wards across England were running at full capacity. Nutritional care is one of the essential elements in managing these patients. This has increased the demand for intravenous (IV) fluids, as many of the patients, especially the elderly population are placed on ventilators and are unable to consume food orally. Access Research Report of Intravenous Solutions Market @ https://www.grandviewresearch.com/industry-analysis/intravenous-iv-solutions-market Intravenous Solutions Market Report Highlights
List Of Key Players in the Intravenous Solutions Market
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