Intravenous (IV) Hydration Therapy Market to grow with a CAGR of 6.76% through 2028

The Increasing popularity of wellness and beauty treatments are the major drivers for the Global Intravenous (IV) Hydration Therapy Market.

According to TechSci Research report, “Intravenous (IV) Hydration Therapy Market –Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028”, the Global Intravenous (IV) Hydration Therapy Market stood at USD 3.04 Billion in 2022 and is anticipated to project impressive growth in the forecast period with a CAGR of 6.76% through 2028. This can be ascribed to collaborations and partnerships among leading companies with a diverse approach to merge the expertise of individual companies and to strengthen their position in the market.

Intravenous (IV) Hydration Therapy is a medical treatment that involves delivering fluids directly into a person's bloodstream through a vein using an intravenous catheter (a thin, flexible tube). This method of administration allows for rapid absorption of fluids and nutrients, making it particularly effective in cases of dehydration, electrolyte imbalances, and certain medical conditions. IV hydration therapy can be administered in various settings, including hospitals, clinics, and even mobile hydration centers. Significant growth in the healthcare industry across the globe represents one of the key factors creating a positive outlook for the market. Furthermore, the increasing demand for Rapid Rehydration and Performance Optimization across industries is also driving the market growth. These healthcare industries are consumer-based, contributing to the economy by providing trade along the Medical Settings and Specialized IV Therapy Clinics and Wellness and Spa Industry. Such growing global business and the use of Nutrient Repletion and Hydration and Vitamin Infusions Intravenous (IV) Hydration Therapy in various healthcare applications lead to the increasing demand for textile Intravenous (IV) Hydration Therapy. According to a article published in February 2022 by Oberto, Intravenous therapy is the direct injection of fluids into a vein.

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IV therapy improves treatment by allowing fluids (water, medication, blood or nutrients) to enter the body more quickly via the circulatory system. Therefore, the increasing demand in the Higher Risk of Dehydration and Prevalence of Chronic Conditions will drive the Intravenous (IV) Hydration Therapy market. IV hydration therapy is frequently used in hospitals and medical clinics to treat patients with severe dehydration, electrolyte imbalances, and other medical conditions that require rapid fluid and nutrient replenishment. Rapid infrastructural development across the globe represents one of the key factors stimulating the growth of the market. Moreover, leading players operating in the industry are focusing on product innovations to offer a better customer experience. They are also engaging in partnerships and collaborations to increase their brand presence. Apart from this, Dedicated IV therapy clinics and wellness centers offer a range of IV hydration therapy options. These clinics often provide customized treatments for energy boost, immune support, hangover relief, athletic performance, and overall well-being. Moreover, there is a considerable rise in the number of Athletes and individuals seeking enhanced performance, muscle recovery, and endurance may receive IV hydration therapy at sports and fitness centers.

Governments worldwide acknowledge the economic and environmental significance of the Intravenous (IV) Hydration Therapy industry and have implemented various initiatives to foster its production and growth. There is a growing emphasis on Evidence-Based Practice within the Intravenous (IV) Hydration Therapy industry, with Evidence-based practice (EBP) is an approach to healthcare decision-making that emphasizes the integration of the best available scientific evidence, clinical expertise, and patient values and preferences. EBP has become a cornerstone of modern healthcare, offering a range of benefits that contribute to improved patient outcomes, safety, and the overall quality of care. EBP helps ensure that healthcare decisions are based on the most up-to-date and relevant scientific evidence. This results in more effective interventions and treatments, leading to better patient outcomes and overall health. Additionally, Governments may set quality standards and guidelines for IV hydration therapy services, including protocols for infection control, proper sterilization procedures, and equipment maintenance. They also provide support and regulate training programs for healthcare professionals to ensure they have the necessary skills and knowledge to safely administer IV therapy. Collaboration plays a significant role in the global Intravenous (IV) hydration therapy market, contributing to the development, delivery, and advancement of safe and effective IV therapy treatments.

Collaboration involves the active participation and coordination of various stakeholders, including healthcare professionals, researchers, regulatory bodies, industry partners, and patients. Through Healthcare professionals collaborate to develop evidence-based treatment plans for IV hydration therapy. This includes physicians, nurses, and other clinicians working together to assess patient needs, determine appropriate interventions, and tailor IV therapy to individual health goals. By joining forces in initiatives focused on recycling, upcycling, and waste reduction, we can contribute to a circular economy that minimizes the ecological footprint of the industry. Core IV Therapy, A new service in Reston, Core IV Therapy, provides relief from dehydration, increases the intensity of workouts and/or recoveries, and helps restore balance to the body. The ribbon cutting ceremony for Core IV Therapy, a new business in Reston, was held on Wednesday, Feb. 12, at the company’s new location, 1900 Campus Commons Dr., in front of the Greater Reston chamber of commerce. Charles Kapur, president of the chamber, cut the ribbon.

However, fluctuations in price of raw materials and rise in water pollution are expected to slow down the growth of the market in the coming years.

The Global Intravenous (IV) Hydration Therapy Market segmentation is based on Service, Component, End-Use Industry, By Company, and Region.

Some of the major companies operating in the Global Intravenous (IV) Hydration Therapy Market include:

• Core IV Therapy, LLC
• Cryojuvenate UK Ltd.
• Braun Medical Inc.
• Otsuka Pharmaceutical Co., Ltd.
• NexGen Health Inc
• JW Life Science Corporation
• Amanta Healthcare Ltd
• Baxter International Inc.
• Drip Hydration Inc.

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“Certain regions, particularly North America, are projected to exert significant demand for Intravenous (IV) Hydration Therapy worldwide. The growth in the competitive landscape and the presence of well-established companies in the market, committed to enhancing their Intravenous (IV) Hydration Therapy productivity each year, are expected to contribute to a remarkable growth of the Global Intravenous (IV) Hydration Therapy Market in the forecast period," said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Global management consulting firm.

Intravenous (IV) Hydration Therapy Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Service (Immune Boosters, Energy Boosters, Skin Care, Migraine, Others), By Component (Medicated, Non-medicated), By End-Use Industry (Hospitals & Clinics, Wellness Centers & Spas, Home Healthcare, Others), By Region, Competition has evaluated the future growth potential of Global Intravenous (IV) Hydration Therapy Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Intravenous (IV) Hydration Therapy Market.