The global paracetamol IV market size is estimated to reach USD 994.23 million by 2030, expanding at a CAGR of 3.43% from 2025 to 2030, according to a new report by Grand View Research, Inc. The rising prevalence of chronic disorders that requires pain management is expected to facilitate the growth of the industry during the forecast period. The enhanced usage of acetaminophen to reduce the dependence on opioids for pain management is projected to accelerate the growth in demand for paracetamol IV. The IV paracetamol is a stable acetaminophen form and is intended for mild to moderate pain management. It is used over other NSAIDs to treat patients with a history of peptic ulcers and asthma, as it lacks interference with the function of platelets.
Rising cases of patients reporting postoperative pain are expected to propel the demand for drugs and products with fewer side effects. As per the article published in the International Journal of Surgery, in March 2022, 77% - 83% of patients in the U.S., 80% of patients in Thailand, 76% of patients in Sweden, and 29.5% of patients in Germany reported severe to moderate postoperative pain. The IV paracetamol is intended for usage in the treatment of acute postoperative pain and during the surgeries, such as orthopedic, dental, and gynecological. A rise in the number of surgeries performed and patients experiencing post-operative pain is expected to create a high product demand in the years to come. However, the availability of multiple generic products is expected to hinder the industry during the forecast period.
For instance, in December 2020, Sandoz International GmbH launched a generic acetaminophen injection in the U.S. The product will be available in 10 mg/mL concentration, in a 100 mL vial for the treatment of mild to moderate in conjunction with opioid analgesics for pediatric patients. Key players operating in the global industry are following various strategic initiatives for business expansion and to gain a competitive edge over others. For instance, in December 2021, Leucadia Pharmaceuticals launched and announced the availability of a generic acetaminophen injection, which is an FDA-approved generic that corresponds to the acetaminophen injection manufactured by Mallinckrodt Pharmaceuticals.
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Based on application, the pyrexia segment is estimated to register the fastest CAGR from 2025 to 2030.
The growth of the segment is attributed to the rapid action & effectiveness of paracetamol being administered intravenously.
The surgical application segment held the largest revenue share in 2024 due to the increased usage of paracetamol IV for the treatment of post-operative pain and rapid relief from fever.
North America dominated the global industry in 2024 owing to high product usage for reducing the dependence of the economy on opioids for the management of pain.
Companies are focusing on geographical expansion by adopting strategies, such as collaborations, partnerships, new product launches, and strategic initiatives to maintain a competitive position in the industry.
Grand View Research has segmented the global paracetamol IV market based on indication, application, end-use, and region:
Paracetamol IV Indication Outlook (Revenue, USD Million, 2018 - 2030)
Pain
Pyrexia (Fever)
Paracetamol IV Application Outlook (Revenue, USD Million, 2018 - 2030)
Surgical
Non-surgical
Paracetamol IV End-use Outlook (Revenue, USD Million, 2018 - 2030)
Hospitals
Clinics
Others
Paracetamol IV Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Sweden
Denmark
Norway
Asia Pacific
Japan
China
India
Australia
South Korea
Thailand
Latin America
Brazil
Argentina
Middle East and Africa (MEA)
South Africa
Saudi Arabia
UAE
Kuwait
List of Key Players in Paracetamol IV Market
Mallinckrodt (Mallinckrodt Pharmaceuticals)
Cipla Inc.
Lupin
Dr Reddy's Laboratories Ltd.
Aurobindo Pharma
Sun Pharmaceutical Industries Limited
Novartis AG
Pfizer Inc.
Abbott
Sanofi
Bristol-Myers Squibb Company
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