The Large Volume Parenteral (LVP) Global Market Report 2023, provides comprehensive information on the large volume parenteral (lvp) market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global large volume parenteral (LVP) market is expected to grow from $10.46 billion in 2022 to $11.42 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The large volume parenteral (LVP) market is expected to reach $15.78 billion in 2027 at a CAGR of 8.4%.
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Product innovation has emerged as a key trend gaining popularity in the large-volume parenteral market. Major market players are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in March 2022, SGD Pharma SA, a France-based producer of molded and tubular glass for pharmaceutical primary packaging company, launched 100-ml type I molded glass vials that are sterile and ready for aseptic filling and finishing of parenteral medicinal formulations. It helps to prevent vial scratches, supports the visual examination of the filled vial, and lowers the likelihood of rejection at quality control.
The large volume parenteral (lvp) market is segmented:
1) By Type: Soft Bag LVP, Plastic Bag LVP, Glass Bottle LVP
2) By Volume: 100 ML – 250 ML, 250 ML – 500 ML, 500 ML – 1000 ML, 1000 ML -2000 ML, 2000 And More
3) By Application: Basic Infusion, Therapeutics Infusion, Nutritious Infusion
4) By End-User: Hospital, Medical Centers, Other End Users
North America was the largest region in the large volume parenteral (lvp) market in 2022.
The table of contents in TBRC’s large volume parenteral (lvp) market report includes:
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