Parenteral preparations are sterile, solid dosage form or pyrogen-free liquids, which contain one or more number of active ingredients boxed in single or multi dose containers. They are meant to be administered either by infusion, transplantation or injection in the body. Parenteral formulations are classified into small and large based on their volume. Small volume parenteral formulations are 100ml or more and can be given as single or multi dose, whereas large volume parenteral preparations are more than 100ml, intended for single use. The factors driving this market include increasing hospitalization rate and rise in demand for faster, safer and effective administration of drugs. The introduction of single dosage nervous system disorders, oncology and diabetes would provide opportunities for growth of this market.
GLOBAL LARGE VOLUME PARENTERAL TREATMENT TYPES MARKET ANALYSIS
On the basis of its types, this market can be classified into fluid balance injections, therapeutics injections and nutritious injections. Fluid balance injections supply electrolytes such as sodium chloride and potassium to patients suffering from trauma. Nutrients are supplied to unhealthy patients through intravenous infusion for their better recovery. Therapeutic injections include oncology, vaccines, diabetes and anti-infective administrations.
LARGE VOLUME PARENTERAL GEOGRAPHY MARKET ANALYSIS
On the basis of geography, this market is classified into North America, Europe, Asia-Pacific and rest of the world (RoW). The market for LPV is expected to grow in Asia-Pacific region due to increasing promotion of medical tourism.
The major players in this market are Ostuka Pharmaceutical, Teva Pharmaceutical Industries Limited, Kelun Pharma, Cook Pharmica LLC, Patheon Inc., BAG Healthcare, Southwest Pharmaceutical Co. Ltd., Cook Pharmica LLC, Beximco Pharma and Baxter Healthcare Corporation. The companies are planning to come up with new products to meet different therapeutic demands.
HIGH LEVEL ANALYSIS
Porter’s five forces model is strategically analyzed in the report to project current and future market scenarios. The bargaining power of buyers is high due to negligible cost of switching. There exists intense competition and high threat from substitutes in this market. The value chain analysis of the organ transplant immunosuppressant drugs market is dealt strategically. Top wining strategies adopted by the key players competing in this market are critically analyzed through primaries.
KEY MARKET SEGMENTS
The global market for large volume parenteral can be classified based on therapeutics and geography.
MARKET BY TREATMENT TYPES
MARKET BY GEOGRAPHY