Canada Intravenous Solutions Market Size & Outlook
Canada intravenous solutions market, 2018-2030 (US$M)
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Canada intravenous solutions market highlights
- The Canada intravenous solutions market generated a revenue of USD 603.6 million in 2023 and is expected to reach USD 920.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
- In terms of segment, total parenteral nutrition was the largest revenue generating product in 2023.
- Total Parenteral Nutrition is the most lucrative product segment registering the fastest growth during the forecast period.
Intravenous solutions market data book summary
| Market revenue in 2023 | USD 603.6 million |
| Market revenue in 2030 | USD 920.1 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | Total parenteral nutrition |
| Fastest growing segment | Total Parenteral Nutrition |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Total Parenteral Nutrition, Peripheral Parenteral Nutrition |
| Key market players worldwide | Fresenius SE & Co KGaA, Fresenius Kabi, Pfizer Inc, Otsuka Pharmaceutical, Baxter International Inc, B. Braun, JW Life Sciences, CSL Ltd |
Other key industry trends
- In terms of revenue, Canada accounted for 4.7% of the global intravenous solutions market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. intravenous solutions market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 7,908.6 million by 2030.
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Intravenous Solutions Market Scope
Intravenous Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada intravenous solutions market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to intravenous solutions market will help companies and investors design strategic landscapes.
Total parenteral nutrition was the largest segment with a revenue share of 65.36% in 2023. Horizon Databook has segmented the Canada intravenous solutions market based on total parenteral nutrition, peripheral parenteral nutrition covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is witnessing an increase in the prevalence of chronic diseases and a rise in the elderly population. The number of people suffering from malnutrition and requiring parenteral nutrition support is increasing.
Diseases such as Crohn’s disease, ulcerative colitis, esophageal cancer, gastric cancer, head & neck cancer, and laryngeal cancer affect the oral intake of food in patients. Growing awareness among healthcare professionals about hospital-associated malnutrition is a key factor boosting hospital intravenous (IV) solution demand.
Moreover, the increasing number of ICU admissions, rising demand for parenteral formulations among critically ill patients, and growing prevalence of various chronic disorders, such as cancer & diabetes, are some of the factors expected to propel the market growth.
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Our clientele includes a mix of intravenous solutions market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada intravenous solutions market , including forecasts for subscribers. This country databook contains high-level insights into Canada intravenous solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada intravenous solutions market size, by product, 2018-2030 (US$M)
Canada Intravenous Solutions Market Outlook Share, 2023 & 2030 (US$M)
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