According to a recent market study published by Growth Market Reports, titled, “Global IV Hydration Therapy Market by component types, by therapy type, by end-user, and by region: Size, Share, Trends and Opportunity Analysis, 2016-2031”, the market was valued at US$ 577.0 Million in 2022 and is anticipated to grow at a growth rate of 6.8% by the year 2031.

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IV hydration therapy also known as IV therapy is a medical procedure that involves delivering fluids directly into the bloodstream through a vein. The main reason for IV hydration therapy is to provide rapid and effective rehydration by delivering fluids directly into the bloodstream. Typically, the fluids contain a balanced combination of water, electrolytes (such as sodium, potassium, and chloride), and sometimes other additives like vitamins and medications. It is an extremely effective therapy for rehydrating the body and improving overall health.

The global IV hydration therapy Market has been segmented in terms of component type, therapy type, end-user, and region. In terms of types, the global IV Hydration Therapy market is divided into Medicated and Non-Medicated. Based on the disease type, the market is segmented into hangover relief, immune booster, energy booster, detox body, skin care, digestion cure, and others.

On the basis of the end-user, the market is fragmented into hospitals, clinics, home settings, and others. As regions, the market is separated into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The Coronavirus disease 2019 (COVID-19) pandemic highlighted monetary differences, global interdependence, and governance challenges. The global IV Hydration Therapy market was positively impacted by the covid-19 due to rising cases of corona all over the world, and the growing adoption of IV therapy in the hospital and clinics to improve immunity and boost energy. Market players are focusing on new products that are expected to drive the IV hydration therapy market over the forecast period.

The influx of COVID-19 patients has put pressure on healthcare facilities, resulting in a rising demand for IV vitamin therapy. For example, on November 11, 2021, Drip Hydration, a European provider of intravenous (IV) hydration, announced Covid IV therapy as a new IV treatment specifically designed to treat and prevent coronavirus infection.

As per growth market reports by industry Senior Associate “Anuradha More”, “The expanding application market, healthcare, and pharmaceutical and nutraceuticals industry are expected to contribute to the growth of the global IV hydration therapy market.

Key Takeaways from the Study

  • The players in the global IV Hydration Therapy market include REVITA; Drip Hydration; CRYOJUVENATE UK LTD; REVIV; Olympia Pharmacy; Soxa Formulations & Research(Pvt.) Ltd; Vitamindrip, Inc.; and Other. These companies hold a portion of the global IV Hydration Therapy market in 2022.

  • The growing popularity of wellness and beauty treatments, as well as the increased availability of IV hydration therapy clinics and the ease of use associated with this therapy. However, the high costs of infusion pumps, as well as their lack of accuracy, have hampered market growth.

  • Furthermore, technological advancements in the healthcare industry, aided by the benefits of IV hydration therapy, such as greater convenience, lower costs, better outcomes, and higher safety standards, are fueling the market's growth, which is creating lucrative opportunities for the market.

  • Based on therapy types, the market is segmented into hangover relief, immune booster, energy booster, detox body, skin care, digestion cure, and others. In 2022, the immune booster segment held the largest market share and is expected to grow with a 7.2% CAGR over the forecast period, due to it supports the immune system and prevents illness.

  • In terms of regions, the global IV Hydration Therapy markets are divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America had a 33.5% share of the market in 2022, owing to established healthcare infrastructure, and rising incidences of chronic diseases, growing awareness of IV hydration therapy, which is anticipated to boost the market in the coming years.

Scope of IV Hydration Therapy Market Report

Report Metric

Details

Market Value in 2022

USD 577.0 Million

Market Growth Rate (from 2023 to 2031)

6.8%

Historical Data

2016 & 2021

Base Year

2022

Forecast Period

2023 – 2031

Units Considered

Value (US$ Million)

Market Segments

By Component Types, By Therapy Type, By End-user, and By Region

Key Companies Profiled

REVITA; Drip Hydration; CRYOJUVENATE UK LTD; REVIV; Olympia Pharmacy; Soxa Formulations & Research(Pvt.) Ltd; Vitamindrip, Inc.; and Other

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail of tailor-made purchase options to meet your research requirements.

Target Audience

  • Supply-side: Vendor, Manufacturer, Distributors, Supplier.

  • Demand Side: Healthcare, Pharmaceuticals, and Others.

  • Regulatory Side: Concerned government authorities, and other approved regulatory bodies.

  • Associations and Industry Bodies: World Health Organization (WHO), Food Drug Administration (FDA), Centers for Disease Control and Prevention (CDC), National Health Expenditure (NIH) etc.