This professional and specialized report study examines the technical and business perspective of the IV Bags industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the IV Bags Market. The report study analyzes the market statistics in the U.S. & Europe as well as the regional levels to gain an in-depth perspective of the overall IV Bags Market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volumes (Million Units) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.
We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the IV Bags Market in our study.
Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the IV Bags Market. It also encompasses PESTLE analysis and SWOT analysis.
The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the IV Bags Market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the IV Bags Market.
The research study provides a critical assessment of the IV Bags industry by logically segmenting the market on the basis of product type, connectivity, port, distribution channel, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the IV Bags industry includes the holistic bifurcation of the United States of America and major countries of Europe.
Medical and healthcare facilities in the U.S. and European countries have witnessed robust growth over recent years. Intravenous therapy (IV) is one of the methods of injecting fluids directly into veins through IV tubes; the containers used to store fluids to inject into veins are IV bags. Most of the medications that require continuous monitoring and injection of additional fluids in the body during treatment need IV bags to store the fluid to be injected into the vein.
Several government agencies have specified a set of rules and regulations concerning the quality, packaging, and safety of IV Bags to avoid any potential hospital-infected diseases. Manufacturers of IV bags across the globe follow these regulations to manufacture IV bags and reach to a wide network of hospitals, clinics, and healthcare centers across the map. This is expected to be one of the primary reasons for the growth of the IV Bags market in The U.S. & Europe.
On the basis of container type, the market is divided into PVC bags, Non-PVC bags, Semi-rigid IV Bags, and Glass bottles. By usage type the market is further classified into Hydration, Compounding, and Other Preparations. Furthermore, by Diluent type the market is divided into Saline, Dextrose 5%, Dextrose + Saline, Ringer lactate, and others. By the end-user, the market is segmented into Hospitals, Clinics, Plasma Collection Centers, Blood Banking, Renal, Home Therapy, and Others.
Report Attribute |
Details |
Market Size in 2019 |
USD 804 Million |
Projected Market Size in 2026 |
USD 1,200 Million |
CAGR Growth Rate |
5.6% CAGR |
Base Year |
2019 |
Forecast Years |
2019-2026 |
Key Market Players |
B. Braun Melsungen AG, Baxter International Inc., Pfizer Inc., West Pharmaceutical Services Inc., Wipak Group, Technoflex, Fresenius SE & Co. KGaA, Sippex, Polycine GmbH, Kraton Corporation, and others. |
Key Segment |
By Container Type, By Usage, By Diluent, By End-users, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The taxonomy of the IV Bags industry by its scope and segmentation is as follows:
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