Medical Fluid Bags Market to grow at 7% CAGR from 2017 to 2024

1. Medical Fluid Bags Market to surpass $4bn by 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

2. Key Insights from Medical Fluid Bags Market: • Global Market Insights, Inc. says Medical Fluid Bags Market size is set to exceed USD 4 billion by 2024. • Growing elderly population coupled with rising prevalence of age related disorders will drive medical fluid bags market size. Common geriatric problems such as loss of appetite and difficulty in swallowing will maintain the rising demand. • Chronic disorders escalate the consequential demand for intravenous nutrition stimulating the medical fluid bags market growth over the forecast years. • Rising number of surgical procedures should boost medical fluid bags market size. Increasing natality rates and spurring incidence of feeding intolerance among premature babies will stimulate demand for intravenous parenteral nutrition through these products. • Presence of favorable reimbursement scenario and growing awareness should propel business growth.

3. Continued... • Increasing number of healthcare centers will further drive industry expansion. • Highly fragmented nature of the medical fluid bags industry acts as an entry barrier for new players. Adverse impact of PVC used for manufacturing of medical fluid bags on the environment and human anatomy may impede business growth over the forecast years. • Blood bags market demand is set to grow over the forecast years owing to rising public awareness regarding blood donations, escalating number of surgeries and medical emergency transfusions. • Increasing number of hospitals, clinics and blood banks should accelerate the business growth. • Breast milk bags are projected to witness fastest growth owing to increasing birth rate and rising number of working women. Several government initiatives promoting breast feeding should further stimulate breast milk bags demand.

4. Continued... • TPU medical fluid bags market growth estimation can be attributed to higher tensile strength and resistance to chemicals and abrasion. • Thermoplastic elastomers are forecast to witness lucrative growth. Presence of significantly higher tear resistance and elongation with low density and weight as compared to traditional materials like PVC will escalate material demand. • Hospitals are expected to dominate the overall revenue over the forecast years. Increasing prevalence of incontinence disorders; rising number of surgeries and medical casualties will boost the segment growth. • Germany medical fluid bags market accounted for the largest regional industry share and is anticipated to follow a similar trend over the forecast timeline. • Some of the prominent industry players include B. Braun Medical, Fresenius Kabi, Maco Pharma, Thermo Fischer Scientific, Baxter International, Amcor, Eagle Flexible Packaging, KRaton Corporation, C. R. Bard.

5. U.S. Medical Fluid Bags Market size, By Material, 2013-2024 (USD Million)

6. Browse Full Market Research Report On Medical Fluid Bags Market @ http://bit.ly/2rGK5NV Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1677https://www.gminsights.com/request-sample/detail/49

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