IV Bags Market Set for Strong Growth Driven by Rising Healthcare Demand - Major Companies are Baxter, B. Braun Melsungen AG, Pfizer, Inc..

IV Bags Market size is estimated to grow at a CAGR of 5% during the forecast period (2024-2031).

IV Bags market holds a leading position in the industry and is thoroughly examined in the DataM Intelligence study, which provides a comprehensive analysis supported by robust statistics, historical data, and actionable insights. The report evaluates key industry players by analyzing their product portfolios, pricing strategies, financial performance, and expansion initiatives. It offers a clear understanding of market dynamics, competitive positioning, and the emerging trends shaping the industry's future.

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The growing use of parenteral nutrition therapy is anticipated to significantly contribute to market expansion.

An increasing prevalence of various diseases, including cancer and cardiovascular conditions, is also expected to fuel market growth during the forecast period. According to the WHO's 2022 report, non-communicable diseases such as cancer and diabetes are responsible for 41 million deaths annually. In emergency situations related to these conditions, parenteral nutrition plays a critical role. The rising cases of malignancies, ischemic bowel disease, gastrointestinal disorders, Crohn's disease, and diabetes-related complications have further increased the demand for parenteral nutrition. This, in turn, is driving the global market for intravenous (IV) bags.

Moreover, leading companies are implementing strategic initiatives such as product launches and collaborations to strengthen their market position. For example, in January 2022, ICU Medical acquired Smiths Medical from Smiths Group plc. This acquisition added Smiths Medical's syringe and ambulatory infusion devices, vascular access, and vital care products to ICU Medical's portfolio, enhancing its status as a top infusion therapy provider with a broader global presence. Additionally, in March 2021, Fagron Sterile Services (FSS) expanded its product offerings by launching a new platform featuring multiple presentations of Intravenous (IV) bags.

Leading Companies Operating in the IV Bags Market:

Baxter, B. Braun Melsungen AG, Pfizer, Inc., Fresenius Kabi AG, JW Life Science, RENOLIT, PolyCine GmbH, Sealed Air, ANGIPLAST PVT. LTD, Shanghai Solve Care Co Ltd., Kraton Corporation, and Jiangxi Sanxin Medtec Co., Ltd.

Research Process:

Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.

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Segment Covered in the IV Bags Market:

By Type: Single Chamber, Multi-Chamber.

By Material: Ethylene Vinyl Acetate, Polypropylene, Polyvinyl Chloride, Others.

By Size: 0 - 250 ml, 250 - 500 ml, 500 - 1000 ml.

By Application: Deliver Medications, Blood Transfusions, Blood Storage, Others.

By End User: Hospitals, Hydration Centers / Clinics, Home Care Settings, Others.

Regional Analysis for IV Bags Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

IV Bags Industry Development:

In June 2022, Gufic Biosciences collaborated with a French partner to locally produce new technology in India. Gufic introduced dual-chamber IV bags made from DEHP-free polypropylene, featuring peelable aluminum foil that enables the storage of unstable drugs requiring reconstitution immediately before patient administration.

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of IV Bags market?

➠ Who are the global key manufacturers of the IV Bags Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the IV Bags market opportunities and threats faced by the vendors in the global IV Bags Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the IV Bags market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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