Global Large Volume Parenteral Market to Witness Steady Growth Owing to Soaring Rate of Hospitalization and Surgeries27 Jan 2016
Transparency Market Research, in a report titled “Large Volume Parenteral (LVP) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, indicates that the growing demand for faster, safer, and more effective drug administration is a key factor driving the global large volume parenteral market. This market is also fueled by rise in number of surgeries and the rate of hospitalization. On the flip side, fierce competition, low barriers to entry, and overcapacity in some regional and domestic markets hampers the development of the global market.
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The research report studies the overall large volume parenteral market on the basis of therapeutic goal and geography. Each segment is evaluated in detail, with statistical data pertaining to market value, size, and volume, and sharp insights by industry experts. The strong and weak points of each segment have been thoroughly scrutinized, in addition to assessing the influence of external and internal forces on individual growth. With the help of Porter’s Five Forces, the report sheds light on the impact of buyers, suppliers, competitors, new entrants, and substitutes on the workings of each segment.
By therapeutic goal, the large volume parenteral market is segmented into nutritious injections, therapeutic injections, and injections for fluid balance. Nutritious injections are mainly for unhealthy and unconscious patients and are essential for their recovery. Therapeutic injections are used for anti-infective, diabetes, vaccines, oncology, and gastrointestinal drug administration. Injections for fluid balance are administered to traumatic patients in need of electrolytes such as sodium, potassium, and chloride.
By geography, the global large volume parenteral market is divided into Europe, North America, Asia Pacific, and Rest of the World. Growing promotion of medical tourism is a key factor that is anticipated to boost the Asia Pacific large volume parenteral market over the next few years. China has emerged as a strong contender owing to the reformation and sustainable development of its pharmaceutical industry.
Companies that are capitalizing on the development of the global large volume parenteral market include Wockhardt Ltd., Southwest Pharmaceutical Co. Ltd., Cook Pharmica LLC, Baxter Healthcare Corporation, Patheon Inc., Kelun Pharma, Otsuka Pharmaceutical, Hospira, Inc., BAG Healthcare GmbH, and Teva Pharmaceutical Industries Limited. In a detailed segment dedicated to the competitive landscape of the large volume parenteral market, the report profiles these and other players on the basis of a number of key parameters such as company overview, product portfolio, recent developments, financial overview, and business strategies.
With the help of a SWOT analysis, the report also sheds light on the strengths, weaknesses, opportunities, and threats of individual companies. This enables clients to form strategic alliances in the future and make necessary decisions that will help expand their operations.
Large Volume Parenteral Market, by Therapeutic Goal
Injections for fluid balance
Large Volume Parenteral Market, by Geography
Rest of the World
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