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DUBLIN--(BUSINESS WIRE)--Oct 6, 2022--
The "Large Volume Parenteral (LVP) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global large volume parenteral (LVP) market reached a value of US$ 8.58 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 12.9 Billion by 2027, exhibiting a CAGR of 7.03% during 2021-2027.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Large Volume Parenteral (LVP) Market Trends:
The rising prevalence of malnutrition, growing natality rate, and increasing premature births worldwide are among the key factors catalyzing the demand for LVPs to administer a large amount of nutrients in patients who are unable to take food orally.
Apart from this, they are widely used in administering essential nutrients to patients undergoing treatment for esophageal obstruction, gastrointestinal (GI) diseases, cancer, and ulcer. In addition, LVPs find extensive application in heart surgery to prevent ischemic injury to the myocardium during reperfusion and the blood flow supply restriction.
This, in confluence with the escalating demand for safe, fast, and effective methods of drug administration among patients undergoing surgical interventions, is contributing to the market growth.
Besides this, the growing consumption of fast food across the globe has resulted in rising instances of non-communicable diseases, such as hypertension, diabetes, obesity, and other metabolic disorders. This, in turn, is positively influencing the adoption of LVPs that are a mixture of dextrose, amino acids, lipids, added electrolytes, trace metals, and vitamins.
Key Questions Answered in This Report:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being
Key Market Segmentation
Breakup by Type:
Breakup by Volume: 100 ML - 250 ML
Breakup by Application:
Breakup by End Users:
Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
For more information about this report visit https://www.researchandmarkets.com/r/yih541
View source version on businesswire.com:https://www.businesswire.com/news/home/20221006005597/en/
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KEYWORD:
INDUSTRY KEYWORD: GENERAL HEALTH OTHER HEALTH HEALTH FITNESS & NUTRITION PHARMACEUTICAL
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 10/06/2022 08:29 AM/DISC: 10/06/2022 08:29 AM
http://www.businesswire.com/news/home/20221006005597/en