About IV Fluids
The Intravenous fluids are chemically prepared solutions that are administered to the patient at the time of serious dehydration. They’re tailored to the body’s needs and used to replace lost fluid and/or aid within the delivery of IV medications. For patients that don't require immediate fluid or drug, the continuous delivery of a small quantity of IV fluid can be used to keep a vein patent (open) for future use. IV fluids are available in different forms and have different impacts on the body. Therefore, it's important to have an understanding of the various types of IV fluids, along with their indications to be used.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the IV Fluids market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for IV Fluids Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that Germany Players will contribute the maximum growth to Global IV Fluids market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
B. Braun Melsungen AG (Germany), Baxter (United Kingdom), Fresenius Kabi AG (Germany), Grifols (United States), ICU Medical, Inc. (United States), Omnicare (United States), JW Life Science (South Korea), Hospira Inc. (United States), Sichuan Kelun Pharmaceutical (China) and Vifor Pharma (Switzerland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Fresenius Kabi (Germany) and Claris Lifesciences (India).
Segmentation Overview
AMA Research has segmented the market of Global IV Fluids market by Type (Colloids, Crystalloids, Blood and blood products and Oxygen-carrying solutions) and Region.
On the basis of geography, the market of IV Fluids has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Composition, the sub-segment i.e. Normal Saline {0.9% Normal Saline (0.9% NaCl} will boost the IV Fluids market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the IV Fluids market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Increasing Prevalence of Diarrhea, The Rising Geriatric Population and The Rising Diseases like Cancer & Diabetes across the Globe
Challenges:
The Presence of Domestic Players Which Provide Low-Quality Products
Restraints:
Stringent Government Regulations
Opportunities:
Continuous Emerging Demand from Economies
Market Leaders and their expansionary development strategies
In March 2022, Baxter International Inc., a globally diversified healthcare company, and ApaTech, a U.K.-based orthobiologic products company supported by private equity, entered into a definitive agreement. Under this agreement, Baxter acquired the entire outstanding equity of ApaTech for a total consideration of up to USD 330 million. The acquisition will grant Baxter ownership of ACTIFUSE, a synthetic bone graft material composed of silicate substituted calcium phosphate.
In March 2022, Digital Diagnostics and Baxter International Inc. partnered, aimed at supporting frontline care providers in delivering exceptional healthcare and enhancing patient outcomes. As part of this collaboration, they intend to provide Digital Diagnostics' renowned IDx-DR® autonomous AI software as a diagnostic service, in conjunction with the Welch Allyn® RetinaVue® 700 Imager.
Key Target Audience
IV Fluids Manufacturers, IV Fluids Distributors, IV Fluids Importer/Exporter, Regulatory & Government Bodies and Downstream Vendors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.