IV infusion bottle seals & caps market size is estimated to be valued at US$ 104.3 million in 2020 and is expected to exhibit a CAGR of 2.6% over the forecast period (2020-2027).

"IV Infusion Bottle Seals & Caps Market, Drug Price, Sales and Clinical Trials Insight 2028" Report Highlights:

Number Of Pages In This Research Report: 162 Pages
IV Infusion Bottle Seals & Caps Market Opportunity: US$ 124.9 Million by 2028
IV Infusion Bottle Seals & Caps Market Growth: 100% Absolute Growth Till 2028
IV Infusion Bottle Seals & Caps Market Size Opportunity by Therapeutic Class
Insight On Clinical Trials by Company, Indication, Patient Segment and Phase
Insight on FDA Approved in the Market
Price, Dosage, Patent and Sales Insight on IV Infusion Bottle Seals & Caps Market

Request Here For Market Latest Insights(PDF): https://www.coherentmarketinsights.com/insight/request-pdf/4238

Globally, the geriatric population is rapidly growing. This population is particularly vulnerable to chronic illnesses such as cancer, cardiovascular disease, arthritis, and others. As a result, an increase in the number of such patients is expected to drive acceptance of IV therapies for care, which is expected to drive the global IV infusion bottle seals & caps market growth. For instance, in 2017, according to the World Population Prospects, 13% of the world population comprised the elder population. Moreover, according to the same source population growth rate of individuals aged 60 or above is around 3% per year globally, and around 25% population is aged 60 years and above in Europe, which is a highest percentile, across the world. Globally, the geriatric population is expected to exceed 1.4 billion by 2030 and 2.1 billion by 2050.

Rising incidence of chronic diseases such as cardiovascular diseases, cancer and arthritis is expected to drive the global IV infusion bottle seals and caps market during the forecast period. For instance, according to the Versus Arthritis.org 2019 report, around 18.8 Mn of the U.K. population suffered from musculoskeletal conditions such as arthritis and back pain in 2017. Furthermore, according to the Ministry of Health and Family Welfare, Government of India 2016, osteoarthritis (OA) is the second most common rheumatologic problem and it is the most frequent joint disease with a prevalence of 22% to 39% in India. Osteoarthritis is more common in women than men. Furthermore, according to the same source, around 45% of women aged 65 years and above have symptoms, while 70% of those over 65 years show radiological evidence of OA. Moreover, the World Health Organization (WHO) estimates that by 2050, around 20% of the world's population aged 60 and above, or about 130 million people, are estimated to suffer from osteoarthritis by 2050.

Global IV Infusion Bottle Seals & Caps Market – Impact of Coronavirus (Covid-19) Pandemic

The COVID-19 virus has spread to over 100 countries around the world since its outbreak in December 2019, causing the World Health Organization to declare it a public health emergency. For instance, according to the World Health Organization’s report, the manifestation of coronavirus disease (COVID-19) has resulted in over 30.6 million infected individuals worldwide as of 21st September 2020.

COVID-19 epidemic can affect the economy in three main ways: directly influencing supply and demand, by creating disruptions in distribution channel, and having a financial impact on businesses and financial markets.

"Limited Time Offer Buy This Premium Report With Flat USD 2000 OFF"

Purchase This Complete Report - https://www.coherentmarketinsights.com/promo/buynow/4238

Moreover, the lockdown has heightened public and healthcare professional anxiety, and the increasing number of COVID-19 cases has prompted the use of IV infusion therapy, which is expected to propel the global IV infusion bottle seals & caps market growth during the forecast period.

Increasing number of IV Infusion product launches in the market is expected to propel the global IV infusion bottle seals & caps market growth during the forecast period. For instance, in July 2019, Baxter International Inc., received the U.S. Food and Drug Administration (FDA) approval of Myxredlin (Insulin Human in 0.9% Sodium Chloride Injection), it is ready-to-use insulin for IV infusion in the hospital and other acute care settings, indicated for diabetes mellitus.

Key Takeaways of the Global IV Infusion Bottle Seals & Caps Market:

The global IV infusion bottle seals & caps market is expected to register a CAGR around 2.6% over the forecast period, due to an increase in the number of patients with Crohn's short bowel syndrome, disease, or ischemic bowel disease, which is driving the demand for IV therapy and it is expected to propel growth of the global IV infusion bottle seals & caps market during the forecast period. For instance, according to the Lancet 2016, the global burden of inflammatory bowel disease contributes to 0.3% of the total disease burden across the globe. Furthermore, according to the National Institute of Health, Crohn’s disease and ulcerative colitis affected 1.5 million people in North America and 2.5 million people in Europe, in 2015.

IV Infusion Bottle Seals & Caps Market – Competitive Landscape

Key players functioning in the global prosthetic liners market consists of Cardinal Health Inc., Jiangsu changjiang Lids, Taiwan Hon Chuan Enterprise, PrasadMeditech, Winfield Laboratories Inc., Datwyler HoldingAG, Wuxi Qitian Medical Technology Co., Ltd, Medline Industries Inc., RENOLITSE, and B. Braun Medical Inc.

Contact Us

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

About Coherent Market Insights

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

This release was published on openPR.