Global Empty IV Bags Market Overview
The advantages of polypropylene over other available materials can be ascribed to its growing use in IV bag manufacturing. The use of PVC has decreased due to the possibility of contaminants being released into the packaged solution. Polypropylene has the following advantages: it is very affordable, has high flexural strength because to its semi-crystalline structure, is moisture resistant, and has strong fatigue resistance. Aside from the material's benefits, the rising frequency of gastrointestinal and neurological illnesses, as well as the rising prevalence of cancer, are a few important drivers driving the segment's expansion. Furthermore, the growing worldwide geriatric population is boosting the segment's growth. The increase in the prevalence of disorders such as gastrointestinal diseases, neurological diseases, and cancer, where IV fluids are given to patients, is a major factor contributing to the market's growth. Diarrheal illness is the second largest cause of death in children under the age of five, according to the World Health Organization. Every year, over 1.7 billion instances of pediatric diarrhea are reported worldwide. The possibility of chemical leaking from plastic IV bags, on the other hand, is a substantial market restraint. The Empty IV Bags Market accounted for US$ 3.42 billion in 2020 and is estimated to be US$ 7.03 billion by 2030 and is anticipated to register a CAGR of 7.50%.
Global Empty IV Bags Market Dynamics
Rising prevalence of cancer patients & Favorable reimbursement rules in a number of nations will drive the growth of the Market
Growth is also expected to be aided by favorable reimbursement rules in a number of nations. In the United States, the CMS covers a variety of surgeries and treatments that require IV bags. Similarly, in other nations, various government organizations cover some aspects of treatment processes, which is likely to boost IV bag sales. The rising frequency of chronic diseases such as cancer has a favourable impact on the usage of parenteral nutrition in the United States. In patients suffering from an illness, parenteral nutrition entails the administration of critical nutrients that aid in the maintenance of strength, energy, and hydration levels. According to WHO figures, cancer claims the lives of 8.2 million people per year, accounting for 13.0% of all fatalities globally. Furthermore, during the following two decades, the proportion of cancer cases is expected to rise by 70.0 percent. A major driver is the rising prevalence of cancer. In general, cancer causes an increase in the incidence of stomach ulcers, disruptions in normal GI tract function, and the formation of physical blockages, all of which increase the need for parenteral nutrition. Furthermore, cancer treatments weaken the human body and deprive it of nutrition to the point where it becomes fatal. Nervosa, or unintended weight loss, is another prevalent symptom associated with cancer that requires parenteral management.
Global Empty IV Bags Market Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The Global Empty IV Bags Market is segmented based on product, type and region.
On the basis of Product, the Global Empty IV Bags Market is segmented into PVC, Non-PVC. Based on Type, the target market is segmented into Single, Multi-chamber.
Regional Insights:
Source: Prophecy Market Insights
On region the Global Empty IV Bags Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Throughout the projected period, North America is expected to lead the global market. The presence of important companies, the high prevalence of diseases such as cancer, vomiting, and diarrhoea in the region, and established healthcare infrastructure are some of the key factors responsible for the market's huge share. Furthermore, favourable government efforts and an increase in the number of research partnerships are projected to propel the market forward. Due to favourable healthcare legislation, a large number of patients, and a developed healthcare market, the United States has the largest share in this region. Norovirus is the primary cause of acute vomiting and diarrhoea in persons of all ages in the United States, according to the Centers for Disease Control and Prevention.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2020 |
|
Forecast period |
2020 – 2030 |
|
Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
|
Market Segmentation |
By Product- PVC, Non-PVC By Type– Single, Multi-chamber |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Empty IV Bags Market report based on product, type and region.
Global Empty IV Bags Market, By Region:
-
-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- North America
-
Global Empty IV Bags Market Key Players
The key players operating in the Empty IV Bags market are Baxter International Inc., Technoflex, Sippex IV bag, POLYCINE GmbH, ICU Medical Inc., B. Braun Medical Inc., Haemotronic, Otsuka Pharmaceutical India Private Limited, Kraton Corporation.
Global Empty IV Bags Market Company Profile
- Baxter International Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Technoflex
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sippex IV bag
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- POLYCINE GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ICU Medical Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- B. Braun Medical Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Haemotronic
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Otsuka Pharmaceutical India Private Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Empty IV Bags Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Empty IV Bags Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product
- Market Snippet, By Type
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Empty IV Bags Market, By Product, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- PVC
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Non-PVC
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Empty IV Bags Market, Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Single
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Multi-Chamber
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Empty IV Bags Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Baxter International Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Technoflex
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sippex IV bag
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- POLYCINE GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ICU Medical Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- B. Braun Medical Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Haemotronic
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Otsuka Pharmaceutical India Private Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
Global Empty IV Bags Market is segmented based on product, type, and region.
Rising prevalence of cancer patients & Favorable reimbursement rules in a number of nations is major factor driving the market.
During the forecast period, North America is expected to dominate the market.
The key players operating in the Empty IV Bags market are Baxter International Inc., Technoflex, Sippex IV bag, POLYCINE GmbH, ICU Medical Inc., B. Braun Medical Inc., Haemotronic, Otsuka Pharmaceutical India Private Limited, Kraton Corporation.