Intravenous Solutions Market Size, Share, Growth Analysis, By Product (Total Parenteral Nutrition and Peripheral Parenteral Nutrition), By Nutrients (Carbohydrates, Parenteral Lipid Emulsion), By Region - Industry Forecast 2024-2031

Drivers

Notable Expansion of Home Healthcare

• More patients prefer treatments at home, especially for chronic illnesses, resulting in mounting demand for home IV and infusion therapies. This is significantly fueling the demand for home healthcare. It offers optimal patient comfort and aids compliance, which encourages healthcare professionals to offer more UV solutions for home purposes.

Growing Acceptance and Awareness of IV Therapies

• Currently, efforts are being taken to educate patients and a large population about the benefits of IV therapies. Hence, increasing awareness among healthcare providers and patients is contributing to increasing acceptance and the adoption of therapies. Also, the inclination towards exhaustive treatment strategies that comprise IV technologies for patient care is gaining prominence.

Restraints

Safety Concerns and Risk of Contamination

• The possibilities of contamination during administration or production of IV technologies may pose major safety issues. This may result in increased and time consuming regulatory and scrutiny challenges. Thus, impeding its adoption and the market growth. Moreover, patients may witness side-effects to certain IV therapies, which may create hesitation among medical professionals from using these products.

Supply Chain Vulnerabilities

• The supply chain for IV technologies may be prone to disturbances because of geopolitical tensions, natural disasters, pandemics, affecting delivery and availability. This could hinder the adoption of these therapies and hamper market growth. Also, variations in raw material prices and availability may impact production pricing and stability.