Press release
Empty IV Bag Market Outlook, Opportunities, Key Players, Trends and Forecast by 2030 | Growing with a CAGR of 9.2%
The Global Empty IV Bag Market research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The market Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments. The report delivers a comprehensive overview of the crucial elements of the market and elements such as drivers, current trends of the past and present times, supervisory scenario & technological growth.The global Empty IV Bag Market is projected to grow at a CAGR of 9.2% during the forecast period.
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Market Introduction
Demand for empty IV Bags is increasing due to the environmental friendliness of non-PVC IV bags, increasing government initiatives, rising malnutrition, and rising cancer rates worldwide.
Regulatory agencies in many countries are taking steps to reduce the use of phthalate IV bags as much as possible without compromising patient safety. For example, Denmark introduced national bans on di-(2-ethylhexyl) phthalate (DEHP), dibutyl phthalate (DBP), Dibp plasticizer (DIBP) and butyl benzyl phthalate (BBP) under the National Phthalates Strategy . Postponed to 2015 after December 2013. The Danish Health and Medicines Authority (DHMA) has issued a set of specific guidelines regarding the use of certain types of phthalates in medical devices. The goal of these initiatives was to continue reducing the use of classified phthalates in medical devices. Similarly, in May 2006, the German Federal Institute for Medicines and Medical Devices issued recommendations to hospitals to minimize or avoid the use of DEHP containing medical devices for specific population groups such as premature infants, infants, children, adolescents, and pregnant women. I did. , nursing mother. Based on the recommendations, manufacturers should choose to produce alternative products that are PVC-free and non-toxic. These government initiatives are expected to aid the growth of the market during the forecast period.
The Key companies profiled in the Empty IV Bag Market:
Sippex IV Bag (U.S), Technoflex (Japan), Wipak Group (Germany), Baxter (U.S), B. Braun (Germany), ICU Medical, Inc. (U.S), POLYCINE GmbH (Germany), RENOLIT SE (Germany), Pfizer Inc. (U.S), West Pharmaceutical Services Inc. (U.S), Jinan Youlyy Industrial Co., Ltd. (China), Jiangsu Eyoung Medical Devices Co. Ltd. (China), and others.
Industry News
• In February 2017, ICU Medical, Inc. acquired the Hospira Infusion Systems (HIS) business from Pfizer, Inc. The HIS business includes IV solutions, pumps, and devices. This acquisition has helped the company enhance its infusion therapy segment, thereby increasing its global market share.
• In April 2019, Scripps Health signed an agreement with ICU Medical, Inc. to purchase the latter's IV consumables & solutions, along with its ICU Medical MedNet IV medication safety software-based Plum 360 infusion system.
The primary focus of this report is to provide industry companies with a strategic analysis of the impact of COVID-19. This data will be used to determine the potential impact of Empty IV Bag markets. The Porter Five Forces model is utilized in research to assess the competitive landscape of market participants. This study looks at sales, gross revenue, and average profit margins for each market segment.
Global Empty IV Bag market divided by Product Type and Applications
This report segments the Empty IV Bag Market on the basis of Types:
• PVC Empty IV Bags
• Non-PVC Empty IV Bags
On the basis of Application, the Empty IV Bag Market is segmented into:
• Hospital
• Clinic
By Chamber Type:
• Single Chamber
• Multi-chamber
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Regional Segmentation and Analysis
• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
North America accounted for the largest share in 2018 and is expected to maintain its dominance throughout the forecast period. Increased adoption of innovative medical technologies, high disease prevalence, better reimbursement policies, and increased investment in improving healthcare infrastructure have led to high adoption of non-PVC bags in the region. Growing geriatric population, rising unhealthy food consumption and low awareness are expected to help the growth of the regional market.
The Asia Pacific empty IV bags market is expected to witness the fastest growth during the forecast period, owing to rising healthcare spending, growing patient awareness, and increasing demand for technologically advanced and cost-effective healthcare solutions. In addition, the demand for special medical bags is expected to increase due to rapid population aging, increase in chronic diseases, and increase in medical expenses. According to the 2014 Southeast Asia Regional Plan of Action and Goals (WHO) Burden of Noncommunicable Diseases (NCDs), various NCDs in the region cause approximately 7.9 million deaths. They also report that cardiovascular disease, diabetes and cancer are common in the region.
Reasons Why You Should Buy This Report:
1. To gain an in-depth understanding of Empty IV Bag Market
2. To obtain research-based business decisions and add weight to presentations and marketing strategies
3. To gain competitive knowledge of leading market players
4. It gives pin point investigation of changing rivalry elements and keeps you in front of contenders.
5. It helps in settling on educated business choices by having total bits of knowledge of market and by making inside and out investigation of market sections.
Key Factors of the Empty IV Bag market report are
• A comprehensive evaluation of all opportunities and risks in the market.
• Empty IV Bag market current developments and significant occasions.
• A deep study of business techniques for the development of the market-driving players.
• Conclusive study about the improvement plot of the market for approaching years.
• Top to the bottom approach of market-express drivers, targets, and major littler scale markets.
Browse complete Empty IV Bag Market report details with TOC and list of figures@
https://www.contrivedatuminsights.com/product-report/global-empty-iv-bag-market-analysis-and-forecast-2022-2028-231314
Table of Contents:
1 Market Overview
2 Company Profiles
3 Market Competition, by Players
4 Market Size Segment by Type
5 Market Size Segment by Application
6 North America by Country, by Type, and by Application
7 Europe by Country, by Type, and by Application
8 Asia-Pacific by Region, by Type, and by Application
9 South America by Country, by Type, and by Application
10 Middle East & Africa by Country, by Type, and by Application
11 Research Findings and Conclusion
12 Appendix...
The years examined in this study are the following to estimate the Empty IV Bag Market size:
• Historical Years: 2017-2021
• Base Year: 2022
• Estimated Year: 2022
• Forecast Period: 2023-2030
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Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives and IT professionals to undertake statistics based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country level expertise.
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