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IV Bags Market Outlook 2021: Global Topmost Companies, Size And Upcoming Trends Forecasts 2027

07-05-2021 10:37 AM CET | Health & Medicine

Press release from: Precision Business Insights

/ PR Agency: Precision Business Insights
Precision Business Insights published a research report on “IV Bags Market: By Product Type (Single Chamber IV Bags, Multi-Chamber IV Bags), By Material Type (Polypropylene, Polyvinylchloride (PVC), Ethylene Vinyl Acetate, Copolyester Ether), By Size (500-1000 ml, 250-500 ml, Up to 250 ml), By Application (Blood Storage, Blood Transfusions, Medications, Electrolyte Imbalance), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), and Geography - Global/Region/Country Forecast to 2027”

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “IV Bags Market: By Product Type (Single Chamber IV Bags, Multi-Chamber IV Bags), By Material Type (Polypropylene, Polyvinylchloride (PVC), Ethylene Vinyl Acetate, Copolyester Ether), By Size (500-1000 ml, 250-500 ml, Up to 250 ml), By Application (Blood Storage, Blood Transfusions, Medications, Electrolyte Imbalance), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), and Geography - Global/Region/Country Forecast to 2027”

View Detailed Report Description https://precisionbusinessinsights.com/market-reports/iv-bags-market/

Electrolyte depletion is uncommon in people suffering from fever and diarrhea. Dehydration, which is more common among children, can also occur as a result of this. In order to deliver intravenous therapy to such individuals, IV bags are frequently prescribed. IV bags have also been demonstrated to be helpful in accurately delivering medication to veins through blood transfusion. The increasing popularity of IV bags in the healthcare industry indicates that the market has a bright future ahead of it. Intravenous solutions contain dextrose, amino acids, vitamins, mineral salts, and trace elements, and thus provide all of the basic essential components (proteins, carbohydrates, water, fats, vitamins, electrolytes, and minerals) needed to build tissue, burn calories, and perform other physiological functions. Multi-chamber bags, which contain a comprehensive blend of all essential nutrients, are also available.

IV bags have become a frequently utilized and favored alternative for parenteral packaging due to their easy availability and low cost. The cost of an IV bag is roughly $1, which contributes greatly to the market's soaring sales. Several countries have limited capability for manufacturing infusion pumps, which are essential for intravenous therapy. This aspect is mostly accountable for the overall market expansion potential. IV bags have become indispensable in the medical and hospital sectors due to the requirement for efficient blood storage systems. The market will see substantial use of IV bags in the next years, owing to the increasing prevalence of healthcare services in distant locations. Given the inherent characteristics of IV bags in terms of storing, transportation, sterilizing, and handling requirements, the market will continue to grow in the future. The necessity for properly providing parenteral pharmaceuticals to individuals who find it hard to take medication orally remains one of the primary factors fueling market expansion.

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Impact of COVID-19 on IV Bags Market:
In addition, the report discusses the implications of COVID-19, including the industry's initial response and strategies for ensuring business continuity in the coming years.

On the basis of type, the global IV Bags Market is fragmented into Glass Bottles, Flex Plastic IV Bags and Semi-rigid IV Bags. On the basis of Application, the global IV Bags Market is bifurcated into clinic and Hospital.

Due to its broad scope in the healthcare industry, North America is likely to lead the IV bags market during the forecast period, mainly due to the region's rising obesity prevalence. Due to the obvious rising penetration of medical institutions in rural areas, heavily populated areas, and improved awareness, the IV bags market in the APEJ area is expected to rise rapidly throughout the forecast period.

Some of the major key players in the iv bags market are ICU Medical, Inc. (U.S.), Medline Industries, Inc. (U.S.), Kraton Corporation (U.S.), Braun Melsungen AG (Germany), Hospira Inc. (Pfizer, Inc.) (U.S.), Otsuka Pharmaceutical Co. Ltd. (Japan), Haemotronic S.p.A (Italy), Wipak Group (Germany), Fresenius SE & Co. KGaA (Germany), Polycine GmbH (Germany)

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About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

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