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INTRAVENOUS (IV) IBUPROFEN MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Intravenous (IV) Ibuprofen Market, By Indication (Pain Management, Fever, Others), By Strength (100 mg, 200 mg, 400 mg, 800 mg), By Age Group (Pediatrics and Adults), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Apr 2024
  • Code : CMI6901
  • Pages :160
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

Intravenous (IV) Ibuprofen Market Size and Trends

Global intravenous (IV) ibuprofen market is estimated to be valued at USD 6.91 Bn in 2024 and is expected to reach USD 11.13 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7% from 2024 to 2031.

Intravenous (IV) Ibuprofen Market Key Factors

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Global intravenous (IV) ibuprofen market is witnessing positive growth trends over the past few years. The market growth is driven by rising prevalence of pain disorders and increasing demand for analgesics. Intravenous ibuprofen is increasingly being used for treatment of mild to moderate pain associated with medical or surgical conditions. Its availability as a generics has further increased its adoption rate as compared to other intravenous pain drugs. Ongoing research activities to expand approved indications is expected to present new avenues for growth of the intravenous (IV) ibuprofen market during the forecast period.

Market Driver – Market Acceptance as Oral Medication Alternative

The use of intravenous (IV) ibuprofen as an alternative to traditional oral medications is increasingly gaining acceptance among healthcare providers and patients. Oral medications require patients to be conscious and mobile enough to swallow pills. However, intravenous delivery ensures that medication is administered directly into the bloodstream in its entirety, allowing it to take effect much faster for those unable to take oral medications due to severe pain, nausea, unconsciousness or other issues. With intravenous delivery, healthcare practitioners also have greater confidence that the full prescribed dose is being received by the patient. This is proving particularly valuable in clinical settings like surgery recovery rooms, emergency departments and intensive care units where rapid pain relief is a high priority. As hospitals and physicians witness benefits of more direct, reliable dosing with intravenous (IV) ibuprofen, its acceptance and utilization as a replacement for inconvenient oral pills is expected to grow.

Market Driver – Preference for Non-Opioid Alternatives

With the ongoing opioid epidemic, there is significant focus on adoption of non-narcotic options for managing pain. In comparison to opioid painkillers, intravenous (IV) ibuprofen provides an appealing non-addictive alternative that carries less risk of side effects or potential for abuse. Regulators and medical organizations have also been promoting greater use of non-opioid therapies. As a result, healthcare providers and patients have become increasingly receptive to non-opioid options like intravenous (IV) ibuprofen. It addresses pain in a reliable, consistent manner without the medical and social risks tied to opioids. With sustained policy and clinical emphasis on curbing opioid prescriptions, the preference for effective non-opioid therapies is enhancing the attractiveness of intravenous ibuprofen. Many people view it as an important tool in improving post-procedure and post-surgery pain management while avoiding opioids whenever clinically appropriate. This makes intravenous (IV) ibuprofen well-positioned for stronger market growth.

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