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Top Factor Driving Empty Intravenous (IV) Bags Market Growth in 2025: Driving Forces Surge In Surgical Procedures Fueling Growth Of Empty Intravenous (IV) Bag Market
What combination of drivers is leading to accelerated growth in the empty intravenous (iv) bags market?The rising number of surgical procedures is expected to contribute to the growth of the empty intravenous (IV) bag market. Surgical procedures involve invasive medical treatments to address health issues, and their rise is driven by advances in medical technology, an aging population, more prevalent chronic diseases, and better healthcare access. Empty IV bags are essential for providing fluids, medications, and anesthesia during surgery. For instance, in February 2024, National Healthcare Statistics reported that cataract surgery was the most common procedure in 2022, with over 39,000 cases. Therefore, the growth in surgical procedures is driving the demand for empty intravenous (IV) bags.
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What is the projected compound annual growth rate (CAGR) of the empty intravenous (iv) bags market from 2025 to 2034, and what factors influence it?
The empty intravenous (IV) bags market has grown rapidly in recent years. It will grow from $6.36 billion in 2024 to $7.2 billion in 2025, at a CAGR of 13.3%. This growth is driven by the increasing prevalence of chronic diseases, a higher demand for intravenous therapies, the aging population, improvements in healthcare infrastructure, and the expansion of hospital and clinical services.
The empty intravenous (IV) bags market is projected to grow rapidly, reaching $11.75 billion by 2029 at a CAGR of 13.0%. The growth is attributed to the home healthcare market, increasing malnutrition cases, personalized medicine demand, expanding healthcare services in emerging markets, and growing surgical procedures. Key trends include smart IV bags, biodegradable bags, improved sterility, advanced manufacturing, and integration with electronic health records.
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How are the latest trends influencing the growth of the empty intravenous (iv) bags market?
Major companies in the Empty Intravenous (IV) Bags market are working on enhancing the recycling of IV bags by creating sustainable methods for collection, processing, and repurposing. This aims to reduce environmental impact and support a circular economy within the healthcare industry. In December 2023, Baxter International Inc., in partnership with Northwestern Medicine, introduced a pilot program for IV bag recycling in the U.S., targeting the reduction of single-use plastic IV bags that are often disposed of in landfills.
What are the major segments of the empty intravenous (iv) bags market and their role in driving growth?
The empty intravenous (IV) bags market covered in this report is segmented -
1) By Product: Polyvinyl Chloride, Non-Polyvinyl Chloride
2) By Type: Single Chamber, Multi-Chamber
3) By Material: Polypropylene, Polyester Ether, Ethylene Vinyl Acetate (EVA), Other Materials
4) By Capacity: 50 ML - 100 ML, 100 ML - 250 ML, 250 ML - 500 ML, Above 500 ML
5) By Application: Hospital, Clinic, Other Applications
Subsegments:
1) By Polyvinyl Chloride (PVC): Flexible PVC IV Bags, Rigid PVC IV Bags
2) By Non-Polyvinyl Chloride (Non-PVC): Ethylene Vinyl Acetate (EVA) IV Bags, Other Non-PVC Materials
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Which regions are key players in the growth of the empty intravenous (iv) bags market?
North America was the largest region in the empty intravenous (IV) bags market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the empty intravenous (IV) bags market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the empty intravenous (iv) bags market?
Major companies operating in the empty intravenous (IV) bags market are Pfizer Inc., Fresenius Medical Care AG KGaA, Becton Dickinson and Company, Amcor LLC, Baxter International Inc., Grifols S.A., Hospira Inc., Nipro Corporation, B. Braun Medical Inc., ICU Medical Inc., RENOLIT Healthcare, Kiefel GmbH, Medisca Inc., Bioteque Corporation, BAUSCH Advanced Technology Group, Jorgensen Laboratories LLC, Technoflex, Sippex IV bags, AdvaCare Pharma Limited, Tacy Medical Inc., Polycine GmbH, JW Life Science Corp, Mitra Industries Private Limited
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What Is Covered In The Empty Intravenous (IV) Bags Global Market Report?
•Market Size Forecast: Examine the empty intravenous (iv) bags market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the empty intravenous (iv) bags market for a structured understanding.
•Key Players Overview: Analyze major players in the empty intravenous (iv) bags market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the empty intravenous (iv) bags market.
•Segment Contributions: Evaluate how different segments drive overall growth in the empty intravenous (iv) bags market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the empty intravenous (iv) bags market.
•Industry Challenges: Identify potential risks and obstacles affecting the empty intravenous (iv) bags market.
•Competitive Landscape: Review strategic developments in the empty intravenous (iv) bags market, including expansions, agreements, and new product launches.
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