PUBLISHER: Verified Market Research | PRODUCT CODE: 1738592
PUBLISHER: Verified Market Research | PRODUCT CODE: 1738592
Large Volume Parenteral (LVP) Market size was valued at USD 13.02 Billion in 2024 and is projected to reach USD 25.72 Billion by 2032, growing at a CAGR of 8.88% from 2026 to 2032.
The rising demand for safer, faster, and more effective methods for drug administration in patients leads to drive the market growth of the Global Large Volume Parenteral (LVP) Market. Also, patients now preferring to take administration for a single dose of vaccines or drugs to treat chronic diseases propels the market growth. The Global Large Volume Parenteral (LVP) Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Large Volume Parenteral (LVP) Market Definition
Parenterals are injectable preparations, sterile products which are intended for administration by way of injection, infusion, or implantation into the body. A large volume parenteral (LVP) is a unit dose container of greater than 100ml which is terminally sterilized by heat. These parenteral are included with intravenous solutions which are sold to be in bags or bottles containing 100ml or of greater sizes. If a large quantity is required then it is packaged in large volumes. When preparation of parental takes place parentals are sterile, solid dosage form or pyrogen-free liquids, which contain one or more active ingredients boxed in single or multi-dose containers.
Parenterals are meant to be administered by way of infusion, transplantation, or injection in the body. These are free of physical, chemical, and biological contamination. As the biotechnology field is developing there is a development in a certain number of drugs administered parenterally because the parenteral route is the best, when the oral route is not suitable. Maximum efficacy and bio-availability are provided by Parenterals and are preferred over oral dosages in a vast number of instances.
Global Large Volume Parenteral (LVP) Market Overview
The increase in health-related issues leads to the increasing hospitalization rate of people and due to this, there is a rise in demand for faster, safer, and effective administration of drugs which drives the growth of the Global Large Volume Parenteral (LVP) Market. Surgeries are increasing at a higher pace and because of this, there is an increase in the need for a faster route of drug administration and a growing preference for single-dose administration of vaccines and drugs.
Also, as the demand is increasing there is an increase in the local manufacturing which is expected to drive the market. The parental route helps in administering by providing an accurate dose of medication because the majority of the drug is directly absorbed in circulation, bypassing the gastrointestinal tract Parental route helps in administering and also drives the market growth. Patients with chronic and other lifestyle-related diseases are increasing and because of it, they were hospitalized.
The introduction of single-dosage nervous system disorders, oncology, and diabetes creates lucrative opportunities for the Global Large Volume Parenteral (LVP) Market. Also, patients are now preferring single-dose administration of vaccines and drugs to treat chronic diseases which drives the growth of the Global Large Volume Parenteral (LVP) Market. Increased demand in combination with manufacturing delays hampers the growth of the market. Also, LVPs quality issues and other manufacturing problems will result in a shortage of parenteral will restrain the market.
The Global Large Volume Parenteral (LVP) Market is segmented on the basis of Volume, Application, End-User, And Geography.
Based on Volume, The market is bifurcated into 100 ml - 250 ml, 250 ml - 500 ml, 500 ml - 1000 ml, 1000 ml - 2000 ml, and 2000 ml and more. In 2022, the 250 ml - 500 ml large volume parenteral (LVP) segment dominated the market. Large Volume Parenteral (LVP), often known as LVPs, are sterile preparations of 250 mL or higher that are delivered parenterally. For example, the most popular LVPs are IV solutions made from a standard/base solution, like 0.9% sodium chloride, dextrose 5% in normal saline (D5NS), dextrose 5% in water (D5W), and Lactate Ringer (L.R.) solution. LVPs are intravenous solutions offered in bags or bottles holding 100 mL or more (250 mL, 500 mL, 1 L).
Based on Application, The market is bifurcated into Therapeutic Injections, Fluid Balance Injections, and Nutritious Injections. The nutritious injections by application segment are expected to dominate the Global Large Volume Parenteral (LVP) Market during the forecast period, owing to growing applications in the geriatric and pediatric populations, as well as its requirement in the management of chronic diseases such as ulcerative colitis and cancer. These patients require a continuous feeding system to compensate for nutritional inadequacies, paving the way for the segment.
Based on End-User, The market is bifurcated into Hospitals, Medical Centres, and Others. Hospitals and healthcare facilities will dominate the overall market for the Global Large Volume Parenteral (LVP) Market.
The "Global Large Volume Parenteral (LVP) Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are B. Braun Melsungen AG, Fresenius Kabi AG, BML Parenteral Drugs, Pfizer, Inc, Otsuka Pharmaceutical, Kelun Pharma, Cook Pharma, Patheon, BAG Healthcare, Southwest Pharmaceuticals, Beximco Pharma, Baxter Healthcare Corporation.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.