DUBLIN--(BUSINESS WIRE)--The "Africa Large Volume Parenterals Market by Treatment Type, Route of Administration, and Capacity - Global Opportunity Analysis and Industry Forecast, 2018-2024" report has been added to ResearchAndMarkets.com's offering.
The Africa large volume parenterals (LVP) market was valued at $662 million in 2017, and is expected to reach $1,133 million by 2024, growing at a CAGR of 7.9% from 2018 to 2024. In terms of volume, the market garnered 291,095 thousand units in 2017, and is expected to reach 582,780 thousand units by 2024, growing with a CAGR of 10.4% from 2018 to 2024.
Parenteral route of drug administration refers to the administration of drugs through non-oral routes. Large volume parenterals, also termed as large volume injections, are aqueous solutions usually supplied in volumes of at least 100 ml. They include calcium solutions, sodium chloride, ringer's, sodium bicarbonate & other electrolyte solutions, dextrose (glucose) & other sugar solutions, amino acid, peptide & other protein fraction solutions, solutions containing a combination of the above, sometimes with vitamins added, dextrans, and other plasma expanders.
Increase in prevalence of cancer, HIV, and other non-communicable diseases; rapid surge in number of surgeries; and rise in risk of malnutrition drive the growth of the Africa large volume parenterals (LVP) market. However, preference for enteral route of drug administration of therapeutic & nutritional needs and high risk of infection/allergic reaction during a parenteral administration impede the market growth.
Companies Mentioned:
- Abacus Parenteral Drugs Limited
- Erongo Med
- Datlabs Private Limited
- Addis Pharmaceuticals Factory PLC
- Pharmacure PLC
- Mascareignes Pharmaceutical Manufacturing Co. Ltd.
- Adcock Ingram Holdings Ltd.
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Africa Large Volume Parenterals Market, By Treatment Type
Chapter 5: Africa Large Volume Parenterals Market, By Route Of Administration
Chapter 6: Africa Large Volume Parenterals Market, By Capacity
Chapter 7: Africa Large Volume Parenterals Market, By Country
Chapter 8: Company Profile
For more information about this report visit https://www.researchandmarkets.com/research/mxbks4/africa_large?w=4
