What is the global market size of Intravenous IV Fluid Bags Market?

Intravenous IV Fluid Bags Market size was valued at USD 6 billion in 2021 and is poised to grow from USD 6.21 billion in 2022 to USD 9.2 billion by 2030, growing at a CAGR of 4.9% in the forecast period (2023-2030).

Intravenous Iv Fluid Bags Companies

Intravenous IV Fluid Bags Market Competitive Landscape

Top Players in the Global Intravenous Fluid Bags Market

Baxter International Inc.
B. Braun Melsungen AG
Hospira Inc. (Pfizer Inc.)
Sippex IV Infusion Bags
Otsuka Pharmaceutical Co. Ltd.
Amcor Limited
Wipak Group
KRaton Corporation
ICU Medical Inc.
Renolit SE
West Pharmaceutical Services Inc.
Nipro Corporation
PolyCine GmbH
Terumo Corporation
Grifols S.A.
Fresenius SE & Co. KGaA
Angiplast Private Limited
Maco Pharma
Technoflex
Polycine GmbH

Intravenous IV Fluid Bags Market

FAQs

Intravenous IV Fluid Bags Market size was valued at USD 6 billion in 2019 and is poised to grow from USD 6.21 billion in 2023 to USD 9.2 billion by 2031, growing at a CAGR of 4.9% in the forecast period (2024-2031).

The top players are concentrated on expansion tactics such as teaming up with successful individuals and national initiatives or programmes that advertise their goods. Key development strategies, market share analysis, and market ranking analysis of the players globally are also included in the competitive landscape section. 'Baxter International Inc.', 'B. Braun Melsungen AG', 'Hospira Inc. (Pfizer Inc.)', 'Sippex IV Infusion Bags', 'Otsuka Pharmaceutical Co. Ltd.', 'Amcor Limited', 'Wipak Group', 'KRaton Corporation', 'ICU Medical Inc.', 'Renolit SE', 'West Pharmaceutical Services Inc.', 'Nipro Corporation', 'PolyCine GmbH', 'Terumo Corporation', 'Grifols S.A.', 'Fresenius SE & Co. KGaA', 'Angiplast Private Limited', 'Maco Pharma', 'Technoflex', 'Polycine GmbH'

The aging population is a factor in the expansion of the intravenous fluid bags industry globally. Aging causes a variety of illnesses, which in turn increases the need for effective drug administration techniques. Drugs administered intravenously are preferred to those administered orally because the former produce outcomes more quickly and accurately. Increased consumer knowledge is expected to result in a preference for intravenous fluid administration, which will support market expansion over the course of the projected period.

One of the main factors boosting the growth of the medical fluid bags market globally is the increase in the prevalence of various chronic diseases like diabetes, cancer, cardiovascular diseases, kidney, and liver infections. Additionally, the industry will grow as gastrointestinal diseases become more common, especially among the elderly population. The use of PVC-based medical fluid bags can have negative health effects on patients, and improper disposal can have a negative environmental impact. These issues could slow the market's expansion. On the other hand, the use of intravenous fluid bags has increased significantly due to the global expansion of hospitals and the healthcare industry.

In 2021, North America held the largest share of the global market and generated more than 40.7% of the total revenue. This is owing to increase in the number of elderly people, which raises the demand for intravenous solutions, the prevalence of chronic diseases, and the industry's expansion in response to the flu and coronavirus pandemic's increased demand. During the projection period, the Asia-Pacific region is anticipated to have the quickest CAGR.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Intravenous IV Fluid Bags Market Size, Share, Growth Analysis, By Material(PVC material, and Non-PVC material), By End User(Hospitals, Home healthcare, and Others), By Region - Industry Forecast 2024-2031

Intravenous IV Fluid Bags Market Competitive Landscape

Intravenous IV Fluid Bags Market Report Snapshots

Want to customize this report?

FAQs

Request Free Customization

Feedback From Our Clients

$5,300

Intravenous IV Fluid Bags Market Size, Share, Growth Analysis, By Material(PVC material, and Non-PVC material), By End User(Hospitals, Home healthcare, and Others), By Region - Industry Forecast 2024-2031

Intravenous IV Fluid Bags Market Competitive Landscape

Intravenous IV Fluid Bags Market Report Snapshots

Want to customize this report?

FAQs

What is the global market size of Intravenous IV Fluid Bags Market?

Who are the key vendors in the Intravenous IV Fluid Bags Market?

What is the key driver of Intravenous IV Fluid Bags Market?

What is the key market trend for Intravenous IV Fluid Bags Market?

Which region accounted for the largest share in Intravenous IV Fluid Bags Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300