Intravenous Fluid Bags Market - Global Industrial Analysis, Size, Share, Growth, Trends, Forecasts 2018 - 2028

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Intravenous Fluid Bags Market - Global Industrial Analysis, Size, Share, Growth, Trends, Forecasts 2018 - 2028

Status : August, 2020 | Medical Devices | PPT format

Report Digest


Global Intravenous Fluid Bags Market: Overview 

The global intravenous fluid bags market is growing over the years, the reason being the traditional IV bags may leak DHEP chemicals content in the fluid. The demand for non PVC IV fluids are ever growing in the areas of treatment of cancer and other targeted drug treatment. Therefore, it is foretold that during the forecast period the demand for non PVC IV may increase at a robust rate, owing to substantial growth in the global intravenous fluid bags market. 

An upcoming TMR Research (TMR) report sheds some insights on size, share, trends, and growth drivers in the global intravenous fluid bags market. 

Global Intravenous Fluid Bags Market: Notable Developments 

Some of the latest development that is taking place in the global intravenous fluids market are 

  • In March, 2019, B. Braun Medical Inc., a market leader in pain management and infusion therapy announced to invest US Dollar 1 Billion to manufacture new and improved IV therapy. The company aims at providing consistent supply of IV fluids that is needed for smooth functioning of healthcare providers. 
  • In 2008, a research was carried out by Vanderbillt University, Chief Medical Writer; Marilynn Marchione mentioned that the IV bags with saline fluids cause deaths and kidney failures. Dr. John Kellum, MD, Prof Department of Critical Care mentioned that the new IV bags with balanced fluids can reduce the number of deaths that take place due to kidney failure from high use saline based IV. The new balanced IV contains saline. Potassium and other things to produce more plasma.

 These developments are expected to drive the global intravenous fluid bags market in a grand way during the forecast period. 

The global intravenous fluid bags market is highly competitive and fragmented. The market players adopt various growth strategies to widen their presence in the global intravenous fluids market during the forecast period. 

Global Intravenous Fluid Bags Market: Drivers and Restraints 

Some of the prominent growth drivers in the global intravenous fluids that are expected during the forecast period are: 

Anti-Breakage Feature to Surge Global Intravenous Fluids Bag Market 

The traditional IV bottles needs excessive cleaning and they are prone to breakage and autoclaving. Hence, the demands for intravenous fluids bag is expected to increase in numbers during the forecast period. Additionally, these bags are made for one time use only, single uses avoids cross contamination that are not available with traditional bags or bottles. 

Rising Cases of Emergencies to Boost Growth 

The high demands for IV bags are expected to come from blood banks due to easy storage and catering to the needs of emergencies. Thus, the global intravenous fluids market is expected to surge during the forecast period. 

Furthermore, cost effectiveness, biodegradability, and ready to use are some of the features that are expected to act as catalyst to the expansion in the global intravenous market in the upcoming years. 

Global Intravenous Fluid Bags Market: Geographical Analysis 

The global intravenous fluid bags market is spread across five main regions; they include North America, Asia Pacific, Latin America, Europe, and Middle East. However, during the forecast period North America is projected to lead the global intravenous fluids bag market during the forecast period. The growth in this region is predominantly due to well established health infrastructure, availability of good insurance coverage, and availability of skilled professional are expected to drive the global intravenous fluids bags market towards a garnd growth during the forecast period. 

Global Intravenous Fluid Bags Market: Segmentation 

The global intravenous fluids bags market is segmented into:

  • Hospitals
  • Home Healthcare
  • Others

Among all these, the hospital sector is expected to dominate the global intravenous fluids market.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.