IV therapy is employed for multiple reasons, including: - Hydration: To provide fluids in cases of severe dehydration. - Medication Administration: For drugs that need to be delivered quickly or cannot be taken orally. - Nutrition: Total Parenteral Nutrition (TPN) supplies nutrients to patients who cannot eat or absorb food normally. - Blood Transfusions: To replace lost blood during surgery or due to injury. - Electrolyte Imbalance: To correct levels of key electrolytes like sodium and potassium.