NEW YORK, June 23, 2022 /PRNewswire/ -- The
Intravenous Fluid Bags Market offers a comprehensive analysis on new product launches, the latest trends, and the post-pandemic impact on businesses. The market is segmented by
End-User (hospitals, home healthcare, and others). The intravenous fluid bags market share growth by the
hospital segment will be significant during the forecast period.
Intravenous fluid bags are used in hospitals, including both multispecialty hospitals and general government hospitals, to provide intravenous solutions to prevent dehydration, maintain blood pressure, and provide medicines or nutrients to patients. Such factors will increase the demand for the market in focus during the forecast period. Moreover, the market value is set to
grow by USD 667.51 million, progressing at a CAGR of 5.67% from 2019 to 2024, as per the latest report by Technavio.
Technavio has announced its latest market research report titled Intravenous Fluid Bags Market by End-user and Geography - Forecast and Analysis 2020-2024
Look out for more information on market dynamics scenario, demand & supply forces, product offerings, financial information, and SWOT analysis. All at affordable Plans
Market Segmentation
The Intravenous Fluid Bags Market is segmented by
geography (North America, Europe, APAC, and South America). 36% of the market's growth will originate from North America during the forecast period.
US and Canada are the key markets for intravenous fluid bags market in North America. Market growth in this region will be faster than the growth of the market in South America.
The rising prevalence of chronic diseases will facilitate the intravenous fluid bags market growth in North America over the forecast period.
Company Profiles
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
Amcor Ltd.
B. Braun Melsungen AG
Baxter International Inc.
Fresenius Kabi AG
ICU Medical Inc.
JW Lifescience Corp.
Merit Medical Systems Inc.
PolyCine GmbH
Sippex - A MEDIPPEX Co.
Smiths Medical Group Ltd.
The intravenous fluid bags market
is fragmented and the vendors are deploying growth strategies such as focusing on product innovation and increasing the existing product capabilities to compete in the market.
More insights on the market share of various regions with latest vendor news & product offerings. Request for Details
Market Dynamics
Rising Prevalence of Chronic Diseases to Drive the Market Growth:
The Centers for Disease Control and Prevention (CDC) reported that around 795,000 people in the US suffer from a stroke every year. About 87% of these people get ischemic strokes, which leads to blockage of the arteries leading to the brain. In such cases, surgeries such as embolectomy, angioplasty, and surgical arteriovenous malformation repair are performed to remove the blood clot. Chronic conditions such as diabetes are increasing the prevalence of diabetic retinopathy, which can damage the blood vessels of the retina, leading to blindness. Moreover, the rising prevalence of diabetes in the US will increase the number of diabetic retinopathy cases, which will increase the demand for intravenous fluid bags in the market. Similarly, the number of surgeries for breast and ovarian cancer has increased in Australia, driving the demand for intravenous fluid bags in the country. Essentially, the increasing prevalence of chronic diseases is driving the global intravenous fluid bags market growth during the forecast period.
Technological Innovations will be a Key Trend of the Market in the Near Future:
Vendors that offer intravenous fluid bags are focused on improving the features of their products. They have developed specialized intravenous blood fluid bags that can withstand low temperatures and offer a high level of safety. For instance, the Reusable Pressure Infusion Bag by Pacific Hospital Supply is a reusable latex-free polyurethane (PU) bag that is used for the infusion of blood, blood plasma, and other liquids. Similarly, in April 2019, Amcor Plc. launched a recyclable, high-barrier flexible packaging, AmLite Ultra Recyclable, for packaging pharmaceutical products. Companies also use this high-barrier flexible packaging product to pack up a range of food, home care, and personal care products. Moreover, the vendors have also developed customized intravenous fluid bags to provide personalized therapeutic solutions. For instance, Technoflex provides 2-CHAMBER BAGS made of DEHP-free or PP material. They are used to provide customized solutions to various applications such as parenteral nutrition and drug reconstruction. Such innovations in intravenous fluid bags drive the global intravenous fluid bags market growth.
This Market Report gives insights on the latest drivers, trends, and challenges that will help companies evaluate and develop growth strategies. Learn More
COVID Impact and Recovery Analysis
Many elective surgeries, such as the appendix, kidney, and gallbladder stone surgeries were postponed for two to three months in early 2020 to prevent the spread of COVID-19. More than 500,000 surgical procedures were either postponed or canceled in 2020, which led to a decline in the adoption of intravenous fluid bags. However, in 2021, the initiation of large-scale vaccination drives has lifted the lockdown and travel restrictions, which led to the resumption of supply chain activities. Such factors are expected to drive the market during the forecast period.
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Table of Contents
1 Executive Summary
2 Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market characteristics
2.2 Value chain analysis
Exhibit 03: Value chain: Healthcare supplies
3 Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
4.1 Five Forces Analysis
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by End-user
5.1 Market segments
5.2 Comparison by End-user
5.3 Hospitals - Market size and forecast 2020-2025
Exhibit 17: Hospitals - Market size and forecast 2020-2025 ($ million)
Exhibit 18: Hospitals - Year-over-year growth 2020-2025 (%)
5.4 Home healthcare - Market size and forecast 2020-2025
Exhibit 19: Home healthcare - Market size and forecast 2020-2025 ($ million)
Exhibit 20: Home healthcare - Year-over-year growth 2020-2025 (%)
5.5 Others - Market size and forecast 2020-2025
Exhibit 21: Others - Market size and forecast 2020-2025 ($ million)
Exhibit 22: Others - Year-over-year growth 2020-2025 (%)
5.6 Market opportunity by End user
Exhibit 23: Market opportunity by End user
6 Customer landscape
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 25: Market share by geography 2020-2025 (%)
7.2 Geographic comparison
Exhibit 26: Geographic comparison
7.3 Asia - Market size and forecast 2020-2025
Exhibit 27: Asia - Market size and forecast 2020-2025 ($ million)
Exhibit 28: Asia - Year-over-year growth 2020-2025 (%)
7.4 North America - Market size and forecast 2020-2025
Exhibit 29: North America - Market size and forecast 2020-2025 ($ million)
Exhibit 30: North America - Year-over-year growth 2020-2025 (%)
7.5 Europe - Market size and forecast 2020-2025
Exhibit 31: Europe - Market size and forecast 2020-2025 ($ million)
Exhibit 32: Europe - Year-over-year growth 2020-2025 (%)
7.6 ROW - Market size and forecast 2020-2025
Exhibit 33: ROW - Market size and forecast 2020-2025 ($ million)
Exhibit 34: ROW - Year-over-year growth 2020-2025 (%)
7.7 Key leading countries
Exhibit 35: Key leading countries
7.8 Market opportunity by geography
Exhibit 36: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
Exhibit 37: Impact of drivers and challenges
8.3 Market trends
9 Vendor Landscape
9.1 Vendor landscape
Exhibit 38: Vendor landscape
9.2 Competitive scenario
9.3 Landscape disruption
Exhibit 39: Landscape disruption
Exhibit 40: Industry risks
10 Vendor Analysis
10.1 Vendors covered
Exhibit 41: Vendors covered
10.2 Market positioning of vendors
Exhibit 42: Market positioning of vendors
10.3 Amcor Plc
Exhibit 43: Amcor Plc - Overview
Exhibit 44: Amcor Plc - Business segments
Exhibit 45: Amcor Ltd. - Key news
Exhibit 46: Amcor Plc - Key offerings
Exhibit 47: Amcor Plc - Segment focus
10.4 B. Braun Melsungen AG
Exhibit 48: B. Braun Melsungen AG - Overview
Exhibit 49: B. Braun Melsungen AG - Business segments
Exhibit 50: B. Braun Melsungen AG - Key news
Exhibit 51: B. Braun Melsungen AG - Key offerings
Exhibit 52: B. Braun Melsungen AG - Segment focus
10.5 Baxter International Inc.
10.6 Fresenius Kabi AG
Exhibit 58: Fresenius Kabi AG - Overview
Exhibit 59: Fresenius Kabi AG - Product and service
Exhibit 60: Fresenius Kabi AG - Key news
Exhibit 61: Fresenius Kabi AG - Key offerings
Exhibit 62: Fresenius Kabi AG - Segment focus
10.7 ICU Medical Inc.
Exhibit 63: ICU Medical Inc. - Overview
Exhibit 64: ICU Medical Inc. - Business segments
Exhibit 65: ICU Medical Inc. - Key news
Exhibit 66: ICU Medical Inc. - Key offerings
10.8 JW Lifescience Corp.
Exhibit 67: JW Lifescience Corp. - Overview
Exhibit 68: JW Lifescience Corp. - Product and service
Exhibit 69: JW Lifescience Corp. - Key offerings
10.9 Merit Medical Systems Inc.
Exhibit 70: Merit Medical Systems Inc. - Overview
Exhibit 71: Merit Medical Systems Inc. - Business segments
Exhibit 72: Merit Medical Systems Inc. - Key offerings
Exhibit 73: Merit Medical Systems Inc. - Segment focus
10.10 PolyCine GmbH
Exhibit 74: PolyCine GmbH - Overview
Exhibit 75: PolyCine GmbH - Product and service
Exhibit 76: PolyCine GmbH - Key offerings
10.11 Smiths Group Plc
Exhibit 77: Smiths Group Plc - Overview
Exhibit 78: Smiths Group Plc - Product and service
Exhibit 79: Smiths Group Plc - Key offerings
10.12 SSY Group Ltd.
Exhibit 80: SSY Group Ltd. - Overview
Exhibit 81: SSY Group Ltd. - Business segments
Exhibit 82: SSY Group Ltd. - Key news
Exhibit 83: SSY Group Ltd. - Key offerings
Exhibit 84: SSY Group Ltd. - Segment focus
11 Appendix
11.1 Scope of the report
11.2 Currency conversion rates for US$
Exhibit 85: Currency conversion rates for US$
11.3 Research methodology
Exhibit 86: Research Methodology
Exhibit 87: Validation techniques employed for market sizing
Exhibit 88: Information sources
11.4 List of abbreviations
Exhibit 89: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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