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Empty Intravenous (IV) Bags Market Forecast 2024-2033

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Vijay Tbrc
Empty Intravenous (IV) Bags Market Forecast 2024-2033

Market Size -Empty intravenous (IV) bags are sterile, flexible containers designed for the administration of fluids, medications, or nutrients directly into a patient's bloodstream. These bags are used in medical settings to prepare and deliver IV solutions. The bags come in various sizes and materials, typically equipped with ports for easy connection to IV lines and infusion sets.Sizing and ForecastThe empty intravenous (IV) bags market size has grown rapidly in recent years. It will grow from $5.63 billion in 2023 to $6.36 billion in 2024 at a compound annual growth rate (CAGR) of 13.0%. The growth in the historic period can be attributed to the increased prevalence of chronic diseases, high demand for intravenous therapies, growth in the aging population, improvements in healthcare infrastructure, and expansion of hospital and clinical services.The empty intravenous (IV) bags market size is expected to see rapid growth in the next few years. It will grow to $10.41 billion in 2028 at a compound annual growth rate (CAGR) of 13.1%. The growth in the forecast period can be attributed to the growing home healthcare market, increasing incidence of malnutrition, rising demand for personalized medicine, expansion of healthcare services in emerging markets, and increasing surgical procedures. Major trends in the forecast period include smart IV bags with sensors, biodegradable IV bags, improved sterility and contamination prevention, advanced manufacturing techniques, and integration with electronic health records (EHR).Order your report now for swift delivery, visit the link:https://www.thebusinessresearchcompany.com/report/empty-intravenous-iv-bags-global-market-reportSegmentation & Regional InsightsThe empty intravenous (IV) bags market covered in this report is segmented -1) By Product: Polyvinyl Chloride, Non-Polyvinyl Chloride2) By Type: Single Chamber, Multi-Chamber3) By Material: Polypropylene, Polyester Ether, Ethylene Vinyl Acetate (EVA), Other Materials4) By Capacity: 50 ML - 100 ML, 100 ML - 250 ML, 250 ML - 500 ML, Above 500 ML5) By Application: Hospital, Clinic, Other ApplicationsNorth America was the largest region in the empty intravenous (IV) bags market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the empty intravenous (IV) bags market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.Intrigued to explore the contents? Secure your hands-on a free sample copy of the report:https://www.thebusinessresearchcompany.com/sample_request?id=15800&type=smpMajor Driver Impacting Market GrowthThe rising number of surgical procedures is expected to propel the growth of the empty intravenous (IV) bag market going forward. Surgical procedures are medical interventions or treatments that involve invasive techniques to address or correct health conditions, injuries, or abnormalities within the body. Surgical procedures are increasing due to advancements in medical technology, an aging population, the prevalence of chronic diseases, improved access to healthcare, and patient demand and expectations. Empty intravenous (IV) bags play a critical role in providing essential fluids, medications, blood products, and anesthesia support during surgical procedures. For instance, in January 2023, according to a report published by the International Society of Aesthetic Plastic Surgery (ISAPS), a US-based professional non-governmental organization, there was a 19.3% increase in total medical procedures in 2021, with surgical procedures experiencing an 18.5% rise and non-surgical procedures seeing 19.9% growth compared to 2020. Therefore, the rising number of surgical procedures is driving the growth of the empty intravenous (IV) bag market.

Chronic Diseases Fueling Growth In The Empty Intravenous (IV) Bags Market

The high prevalence of chronic diseases is expected to propel the growth of the empty intravenous (IV) bags market going forward. Chronic diseases are long-lasting conditions that usually develop slowly and persist over an extended period, often for the rest of a person's life. Chronic diseases are increasing due to aging populations, lifestyle factors, urbanization, obesity epidemics, healthcare access and quality, increased stress, and mental health issues. Empty IV bags are crucial for preparing and administering personalized medication solutions, facilitating home infusion therapy, nutrition support, hydration, and palliative care, while also serving as a platform for research and development in chronic disease treatment. For instance, in January 2023, according to the National Library of Medicine, a US-based national library of medicine, the estimated increase in the number of individuals affected by at least one chronic disease is projected to be 99.5%, rising from 71.522 million in 2020 to 142.66 million by the year 2050. Therefore, the high prevalence of chronic diseases is driving the growth of the empty intravenous (IV) bag market.Key Industry Players

Major companies operating in the empty intravenous (IV) bags market are Pfizer Inc., Fresenius Medical Care AG KGaA, Becton Dickinson and Company, Amcor LLC, Baxter International Inc., Grifols S.A., Hospira Inc., Nipro Corporation, B. Braun Medical Inc., ICU Medical Inc., RENOLIT Healthcare, Kiefel GmbH, Medisca Inc., Bioteque Corporation, BAUSCH Advanced Technology Group, Jorgensen Laboratories LLC, Technoflex, Sippex IV bags, AdvaCare Pharma Limited, Tacy Medical Inc., Polycine GmbH, JW Life Science Corp, Mitra Industries Private Limited

The empty intravenous (iv) bags market report table of contents includes:1. Executive Summary2. Empty Intravenous (IV) Bags Market Characteristics3. Empty Intravenous (IV) Bags Market Trends And Strategies4. Empty Intravenous (IV) Bags Market - Macro Economic Scenario5. Global Empty Intravenous (IV) Bags Market Size and Growth...31. Empty Intravenous (IV) Bags Market Other Major And Innovative Companies32. Global Empty Intravenous (IV) Bags Market Competitive Benchmarking33. Global Empty Intravenous (IV) Bags Market Competitive Dashboard34. Key Mergers And Acquisitions In The Empty Intravenous (IV) Bags Market35. Empty Intravenous (IV) Bags Market Future Outlook and Potential Analysis36.AppendixExplore the trending research reports from TBRC:Contact Us:The Business Research CompanyEurope: +44 207 1930 708Asia: +91 88972 63534Americas: +1 315 623 0293Email: info@tbrc.infoFollow Us On:LinkedIn: https://in.linkedin.com/company/the-business-research-companyTwitter: https://twitter.com/tbrc_infoFacebook: https://www.facebook.com/TheBusinessResearchCompanyYouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQBlog: https://blog.tbrc.info/Healthcare Blog: https://healthcareresearchreports.com/Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

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