IV Bags Market Growing Geriatric Population to Boost Growth 2030

1. Market Research Report EXCLUSIVE EDITION Global IV Bags Market Research Report Global Industry Analysis, Forecast and Trends, 2022-2027 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

2. Global IV Bags Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 416, East Standsberry Street, Perkins, Oklahoma 74059, USA EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

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5. IV Bags Market 2021: Industry Size, Regions, Emerging Trends, Growth Insights, Development Scenario, Opportunities, and Forecast By 2027 IV Bags Market by Material Type (Polyethylene, Polyvinyl Chloride, Polypropylene, and Others), by Capacity (0-250 ml, 250- 500 ml and 500-1000 ml), by Chamber Type (Single Chamber and Multi-Chamber), by Region – Global Share and Forecast to 2027 Description Description The IV Bags market is estimated to record a CAGR of 5.3% during the forecast period 2021-2027. The major factor attributing to the market's growth is the increase in the prevalence of diseases, such as gastrointestinal diseases, cancer, neurological diseases, where IV fluids are given to the patients. According to the WHO, diarrhoeal disease is the second leading cause of death in children under five years old. Worldwide, there are nearly 1.7 billion cases of childhood diarrhoeal disease every year. However, the risk of leaching chemicals from plastic IV bags is the major factor restraining the market. Drop-in electrolyte levels are not common among patients suffering from diarrhea and fever. This causes moderate to severe cases of dehydration, which is more common in teenagers. IV bags are often recommended to administer intravenous therapy for the treatment of such patients. In the coming centuries, the market will witness extensive use of IV bags, mainly caused due to the rising penetration of healthcare services in remote areas. Seeing the intrinsic attributes of IV bags in storing, sterilizing, handling requirements, and transporting the future will bring more significant opportunities for the market's growth. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

6. Impact of covid-19 While other markets are struggling to cope with disruptions caused by the COVID-19 outbreak, conditions have favored IV bags sales. Though, challenges caused due to limited raw material availability and worker's isolation have slowed down manufacturing activities. Get Full PDF Sample Copy of Report:https://www.marketstatsville.com/request-sample/iv-bags-market Sales by physical stores may have suffered; contrary to this, the market has been gaining from surging e-commerce sales. Thanks to the growing digital engagement as consumers aim to limit contact, businesses are adopting practices that complement social distancing rules. Moreover, after the spread of the coronavirus, consumers have become more careful about hygiene. Makers are focusing on using packaging materials that will offer protection against contaminants during transit. These factors are anticipated to favor the growth of the market for IV bags. Global IV Bags Market Dynamics Drivers: Adoption of Parenteral Nutrition Therapy According to the World Health Organization, nearly 11% of diseases affecting people worldwide result from lacking healthy sustenance. Parenteral nutrition has been designed to help such patients receive sufficient dietary help they require. The rising incidence of gastrointestinal disorders, malignancy, ischemic gut malady, Crohn’s disease, and diabetic intricacies spurs interest in the parenteral diet. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

7. PN means intravenous administration of nutrients, which may incorporate protein, starch, mineral, electrolyte, fat, vitamins, and other components required by a patient who cannot ingest food in substantial quantity due to a particular health complication. Administering intravenous nutrition prescribed can help battle various health complexities and is a crucial part of a patient’s recovery. As chronic ailments are likely to rise soon due to nourishment scarcity and changing ecological situations, the demand for parenteral sustenance is expected to remain constant. Make an Enquire before Purchase @:https://www.marketstatsville.com/buy-now/iv-bags-market?opt=2950 PN means intravenous administration of nutrients, which may incorporate protein, starch, mineral, electrolyte, fat, vitamins, and other components required by a patient who cannot ingest food in substantial quantity due to a particular health complication. Administering intravenous nutrition prescribed can help battle various health complexities and is a crucial part of a patient’s recovery. As chronic ailments are likely to rise soon due to nourishment scarcity and changing ecological situations, the demand for parenteral sustenance is expected to remain constant. Opportunities: Rising Incidence of Chronic Ailments Creating Key factors enabling the growth in the market remain the need for successfully administering the parenteral drug to the patients who find it challenging to take the medicines orally. For these patients, drugs is needed to be administered intravenously. Parenteral drugs are often prescribed to treat chronic intestinal diseases, diabetes, cancer, hepatic failure, and renal failure. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

8. TMR sees the rising incidence of chronic ailments as one of the chief drivers of the market. According to the WHO, the prevalence of non-communicable diseases will increase by 57% between 2015 and 2020. Against this backdrop, experts are predicting soaring demand for IV bags in the coming years. According to the WHO, chronic ailments such as type-2 diabetes mellitus and chronic obstructive pulmonary disorder are the primary focus of pharmaceutical companies since they have been looking for ways of curbing the occurrence, which has been spreading rapidly. Request for Complete TOC and Figures & Graphs @https://www.marketstatsville.com/table-of-content/iv-bags-market Scope of the Report The study categorizes the IV bags market based on material, capacity, chamber, and regions. By Material Type Outlook (Revenue, USD Million, 2017-2027) Polyethylene Polyvinyl Chloride Polypropylene Other Material Types By Capacity Outlook (Revenue, USD Million, 2017-2027) 0-250 ml 250-500 ml 500-1000 ml © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

9. By Chamber Type Outlook (Revenue, USD Million, 2017-2027) Single Chamber Multi-Chamber By Region Outlook (Revenue, USD Million, 2017-2027) North America (US, Canada, Mexico) South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America) Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe) Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific) The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA) The single-chambered segment is projected to account for the largest market share by chamber type By type, The market is segmented into single and multi-chambered IV bags. The multi-chambered bags segment includes 2- and 3-chambered IV bags. The single-chambered bags segment captured the largest market share in 2020. High usage and the absence of alternatives are expected to drive the segment growth, thus maintaining the segment's dominance throughout the forecast period. Principal advantages of plastic bags over other IV containers include- higher safety levels and easy transport, handling, & disposal. On the other hand, the glass container for IV solutions is preferred only when drugs or excipients are incompatible with the bags of commonly used plastics. The problems associated with these plastics include leaching and susceptibility to puncture, thus contaminating the contents. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

10. The IV Bags bags are designed to address these problems. As a result, the emergence of IV Bags bags is expected to replace a significant share of IV glass containers during the forecast period. The single-chamber bags are used on a large scale, including drip bags, which capture a substantial percentage of the total IV containers market. Asia Pacific accounts for the highest CAGR during the forecast period Based on the regions, the global IV Bags market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Globally, Asia Pacific is estimated to hold the highest CAGR in the global IV Bags market during the forecast period. The Asia Pacific region includes developing economies such as China, India, Japan that promise rapid growth of the IV Bags market. Moreover, improving healthcare expenditure, rising patient awareness, and the need for technologically advanced healthcare solutions with added cost-saving benefits are the factors spurring the market's growth in this region. In addition, the increasing demand for medical specialty bags results from the aging population, increasing instances of chronic diseases, and rising healthcare costs. These factors are driving the market toward cost-effective and safer alternatives for PVC IV bags. Japan is believed to have the best healthcare infrastructure amongst other developing countries of the Asia Pacific region. The availability of the latest healthcare treatments and technically advanced solutions encourages the region's demand for IV Bags. Moreover, the government of Japan is aiming toward the delivery of better healthcare facilities to the population. The increase in awareness about the risks and hazards associated with PVC-based medical products contributes to the speedy adoption of IV Bags. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

11. Key Market Players The IV Bags market is moderately competitive and consists of several major players. Some of the companies currently dominating the market are Baxter International Inc., ICU Medical Inc., B. Braun Medical Inc., Haemotronic, Technoflex, Sippex IV bag, POLYCINE GmbH, Otsuka Pharmaceutical India Private Limited, and Kraton Corporation. Every company follows its business strategy to attain the maximum market share. Request For Report Description @https://www.marketstatsville.com/iv-bags-market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

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