PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1568595
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1568595
The Global Veterinary Intravenous (IV) Solutions Market size will record an 8% CAGR between 2024 and 2032, on account of the increasing burden of chronic and acute diseases in animals, such as diabetes, kidney disease, and infections. As per Oak Forest Veterinary Hospital, diabetes affects 1 in every 200 cats and 1 in every 500 dogs during their lifetime. Surging R and D investments for driving innovations and the emergence of new products and formulations to address evolving needs in veterinary care will also boost market growth.
The IV solutions industry is segmented into product, indication, animal type, end-user, and region.
By indication, the industry value from the anthrax segment will record a lucrative growth rate through 2032. IV solutions offer precise monitoring and adjustment of fluid and electrolyte levels based on the patient's condition. This is particularly important in severe cases of anthrax, where the patient's needs can change rapidly. As anthrax can lead to respiratory distress, organ failure, or septic shock, IV fluids, and medications are used to manage these complications to provide vital support for the affected organs and systems.
With respect to end-user, the veterinary intravenous solutions market size from the research institutes segment will record expansion between 2024 and 2032. Veterinary IV solutions are used in educational settings to train students and professionals in the proper techniques to administer intravenous fluids and medications. This hands-on experience is vital for developing skills in veterinary care. Growing presence in critical care and emergency interventions across research settings will also boost segment growth.
Europe IV solutions industry size will register immense growth through 2032 due to the strong emphasis on improving safety and reducing the risk of infections. As patients increasingly prefer receiving care in familiar and comfortable settings, the demand for portable and user-friendly IV solutions is surging in the region. This trend is largely fueled by the growing emphasis on home healthcare and outpatient services.