Category

IV Bags Market Size, Share, Opportunities, And Trends By Material Type (PVC, PP, PE), By Capacity (Less Than 100 Ml, 100-250 Ml, 250-500 Ml, 500-1000 Ml, Above 1000 Ml), By Chamber Type (Single Chamber, Multi Chamber), By End User (Blood Banks, Hospitals, Ambulatory Services), And Geography - Forecasts From 2019 To 2024

Published: Mar 2020 | Report Code:  KSI061612706 | Pages:  118

The IV bags market is estimated to grow at a CAGR of 5.38% to reach a market size of US$ 2,462.758 million in 2024 from US$ 1,798.424 million in 2018. IV Bags are used for delivering of fluid substances directly into the veins. The growing number of chronic diseases along with rising usage of IV Bags for delivering of the medication directly to the veins are driving the market for IV bags. Further, the rising number of healthcare centres in urban areas of many countries is expected to boost he IV Bag market during the forecast period. Moreover, the governmental influence to increase the number of blood banks along with rising need for blood storage is anticipated to be a key factor propelling the demand for IV bags in the coming years. Additionally, growing geriatric population is predicted to fuel the market. The market for IV Bags has been segmented by material type, capacity, chamber type, end user and geography. In the chamber type segment, the multi chamber IV bags is projected to grow at a significant rate owing to the easy delivering of two or more fluids at the same time. In the end user segment, hospitals are anticipated to hold a major share owing to the wide usage of IV Bags in hospitals. Geographically, North America is projected to be a significant shareholder owing to high presence of healthcare institutions in the region. Asia-Pacific is projected to grow at a substantial rate on account of the increasing construction of healthcare institutions.
 
DRIVERS
Growing need for blood storage
Rising number of chronic diseases
 
RESTRAINTS
Environment concerns due to difficult recycling
 
The major players profiled in the IV Bags market include Sippex, Kraton Corporation, Renolit Solmed, Alfa Laboratories, Polycine Gmbh, Haemotronic S.P.A., Baxter International Inc., Hospira Inc., Technoflex S.A., The Metrix Company, Medicopack A/S, Wipak Group, West Pharmaceutical Services Inc., and Qosina Corporation.
 
Segmentation
 
The IV Bags market has been analyzed through the following segments:
 
By Material Type
PVC
PP
PE
 
By Capacity
Less than 100 ml
100-250 ml
250-500 ml
500-1000 ml
Above 1000 ml
 
By Chamber Type
Single Chamber
Multi Chamber
 
By End User
Blood Banks
Hospitals
Ambulatory Services
 
By Geography
North America
USA
Canada
Mexico
 
South America
Brazil
Argentina
Others
 
Europe
Germany
France
United Kingdom
Spain
Others
 
Middle East and Africa
Saudi Arabia
Israel
Others
 
Asia Pacific
China
Japan
South Korea
India
Others

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