Global Empty Intravenous (IV) Bags Market Size, Trends, and Growth Opportunity, By Product (PVC, non-PVC), By Type (Single, Multi-chamber), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and Forecast till 2030.
Global Empty Intravenous (IV) Bags Market
The Global Empty Intravenous (IV) Bags Market was valued at USD 4421 million in 2022 and is expected to expand to USD 6109.72 million in 2030 at a CAGR of 6.85% during the forecast period 2023-2030.
Empty Intravenous (IV) therapy bags are used to prevent dehydration, keep blood pressure in check, and helpful to administer nutrition or medications to patients who cannot eat. Parenteral nutrition helps in the administration of useful nutrients, which help in maintaining strength, energy, and hydration level in patients suffering from a disease.
Market Drivers
The eco-friendly nature of non-PVC IV bags, the growing risk of malnutrition, the rising incidence of cancer, and stomach ulcers, and the formation of physical blockages which needs parenteral nutrition propels the growth of the market.
The growing demand for the empty IV bag market and rising government support regarding the use of empty intravenous (iv) bags boost the expansion of the market.
Market Restraints
The PVC-made empty intravenous bags are harmful to human health and the environment due to phthalates leaching from equipment which hinders the growth of the market. Furthermore, the high cost associated with Empty Intravenous (IV) Bags restrains the growth of the global empty intravenous (iv) bags market.
COVID-19 Impact on Empty Intravenous (IV) Bags Market
The outbreak of covid-19 positively impacted the market as the growing use of intravenous fluid treatment for COVID-19 patients increases the demand for empty intravenous (IV) bags.
The rise in hospital admission rates due to COVID-19 has increased the demand for intravenous bags used in IV therapy driving the market during a pandemic.
Impact of Russia Ukraine War on the Market
The conflict between Russia and Ukraine can have both direct and indirect impacts on the empty intravenous (iv) bags market:
Disruptions in the supply chain: Many empty intravenous (iv) bag manufacturers source components from Russia and Ukraine. The war may cause supply chain disruptions and delays, affecting empty intravenous (iv) bag production and delivery.
Economic sanctions: Economic sanctions imposed on Russia may have an impact on the overall economy, as well as the demand for empty intravenous (iv) bags in the region.
Market Segmentation
The Global Empty Intravenous (IV) Bags Market is segmented on the basis of Product, Type. Based on Product Type, it is segmented into PVC Empty IV Bags, and Non-PVC Empty IV Bags. Non-PVC Empty IV Bag is sub-segmented into Polypropylene, Copolyester ether, Ethylene-vinyl acetate, and Others. Based on Type, it is segmented into Single Chamber and Multi-chamber
.
Regional Analysis
North America is likely to dominate the market over the forecast period owing to the High disease prevalence, supportive government policies, well-defined regulatory facilities, rising adoption of innovative healthcare technologies along with the use of non-PVC bags in this region. Furthermore, the growing geriatric population and rising consumption of unhealthy food have driven the market during the pandemic.
Asia Pacific is also anticipated to witness substantial growth due to rising healthcare facilities, growing patient awareness, and a growing need for advanced & cost-efficient healthcare technologically in this region.
Key Players
Various key players are listed in this report such as Baxter, B. Braun Medical Inc, ICU MEDICAL INC, Wipak, RENOLIT SE, TECHNOFLEX, Sippex IV bags, JW Life Science Corp, Fresenius Kabi AG, POLYCINE GmbH, BAUSCH Advanced Technology Group, BD.
Market Taxonomy
By Product Type
• PVC Empty IV Bags
• Non-PVC Empty IV Bags
• Polypropylene
• Copolyester ether
• Ethylene-vinyl acetate
• Others
By Type
• Single Chamber
• Multi-chamber
By Region
• North America
• The U.S.
• Canada
• Mexico
• Latin America
• Brazil
• Malaysia
• Colombia
• Peru
• Chile
• Venezuela
• Rest of Latin America
• Europe
• Germany
• France
• UK
• Russia
• Italy
• Spain
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• New Zealand
• Singapore
• Malaysia
• Rest of Asia Pacific
• Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Venezuela
Key Question Addressed by the Report
• What are the Key Opportunities in the Global Empty Intravenous (IV) Bags Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Empty Intravenous (IV) Bags Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Empty Intravenous (IV) Bags Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Empty Intravenous (IV) Bags Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Empty Intravenous (IV) Bags Market Share Analysis, By Type
5.3 Global Empty Intravenous (IV) Bags Market Size and Forecast, By Type
5.3.1 Single Chamber
5.3.2 Multi-chamber
6 Global Empty Intravenous (IV) Bags Market, By Product
6.1 Y-o-Y Growth Comparison, By Product
6.2 Global Empty Intravenous (IV) Bags Market Share Analysis, By Product
6.3 Global Empty Intravenous (IV) Bags Market Size and Forecast, By Product
6.3.1 PVC Empty IV Bags
6.3.2 Non-PVC Empty IV Bags
6.3.2.1 Polypropylene
6.3.2.2 Copolyester ether
6.3.2.3 Ethylene-vinyl acetate
6.3.2.4 Others
7 Global Empty Intravenous (IV) Bags Market, By Region
7.1 Global Empty Intravenous (IV) Bags Market Share Analysis, By Region
7.2 Global Empty Intravenous (IV) Bags Market Share Analysis, By Region
7.3 Global Empty Intravenous (IV) Bags Market Size and Forecast, By Region
8 North America Empty Intravenous (IV) Bags Market Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Empty Intravenous (IV) Bags Market Share Analysis, By Type
8.3 North America Empty Intravenous (IV) Bags Market Share Analysis, By Product
8.4 North America Empty Intravenous (IV) Bags Market Size and Forecast, By Country
8.4.1 U.S
8.4.1.1 Market Size and Forecast, By Type
8.4.1.2 Market Size and Forecast, By Product
8.4.2 Canada
8.4.2.1 Market Size and Forecast, By Type
8.4.2.2 Market Size and Forecast, By Product
8.4.3 Mexico
8.4.3.1 Market Size and Forecast, By Type
8.4.3.2 Market Size and Forecast, By Product
9EuropeEmpty Intravenous (IV) Bags Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Empty Intravenous (IV) Bags Market Share Analysis, By Type
9.3 Europe Empty Intravenous (IV) Bags Market Size and Forecast, By Product
9.4 Europe Empty Intravenous (IV) Bags Market Size and Forecast, By Country
9.4.1 Germany
9.4.1.1 Market Size and Forecast, By Type
9.4.1.2 Market Size and Forecast, By Product
9.4.2 France
9.4.2.1 Market Size and Forecast, By Type
9.4.2.2 Market Size and Forecast, By Product
9.4.3 UK
9.4.3.1 Market Size and Forecast, By Type
9.4.3.2 Market Size and Forecast, By Product
9.4.4 Russia
9.4.4.1 Market Size and Forecast, By Type
9.4.4.2 Market Size and Forecast, By Product
9.4.5 Italy
9.4.5.1 Market Size and Forecast, By Type
9.4.5.2 Market Size and Forecast, By Product
9.4.6 Spain
9.4.6.1 Market Size and Forecast, By Type
9.4.6.2 Market Size and Forecast, By Product
9.4.7. Rest of Europe
9.4.7.1 Market Size and Forecast, By Type
9.4.7.2 Market Size and Forecast, By Product
10Asia Pacific Empty Intravenous (IV) Bags Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia Pacific Empty Intravenous (IV) Bags Market Share Analysis, By Type
10.3 Asia Pacific Empty Intravenous (IV) Bags Market Size and Forecast, By Product
10.4 Asia Pacific Empty Intravenous (IV) Bags Market Size and Forecast, By Country
10.4.1 China
10.4.1.1 Market Size and Forecast, By Type
10.4.1.2 Market Size and Forecast, By Product
10.4.2 Japan
10.4.2.1 Market Size and Forecast, By Type
10.4.2.2 Market Size and Forecast, By Product
10.4.3 India
10.4.3.1 Market Size and Forecast, By Type
10.4.3.2 Market Size and Forecast, By Product
10.4.4 South Korea
10.4.4.1 Market Size and Forecast, By Type
10.4.4.2 Market Size and Forecast, By Product
10.4.5 Australia
10.4.5.1 Market Size and Forecast, By Type
10.4.5.2 Market Size and Forecast, By Product
10.4.6 Newzealand
10.4.6.1 Market Size and Forecast, By Type
10.4.6.2 Market Size and Forecast, By Product
10.4.7 Singapore
10.4.7.1 Market Size and Forecast, By Type
10.4.7.2 Market Size and Forecast, By Product
10.4.8 Malaysia
10.4.8.1 Market Size and Forecast, By Type
10.4.8.2 Market Size and Forecast, By Product
10.4.9. Rest of Asia Pacific
10.4.9.1 Market Size and Forecast, By Type
10.4.9.2 Market Size and Forecast, By Product
11Latin America Empty Intravenous (IV) Bags Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Empty Intravenous (IV) Bags Market Share Analysis, By Type
11.3 Latin America Empty Intravenous (IV) Bags Market Share Analysis, By Product
11.4 Latin America Empty Intravenous (IV) Bags Market Size and Forecast, Country
11.4.1. Brazil
11.4.1.1 Market Size and Forecast, By Type
11.4.1.2 Market Size and Forecast, By Product
11.4.2 Malaysia
11.4.2.1 Market Size and Forecast, By Type
11.4.2.2 Market Size and Forecast, By Product
11.4.3 Colombia
11.4.3.1 Market Size and Forecast, By Type
11.4.3.2 Market Size and Forecast, By Product
11.4.4 Peru
11.4.4.1 Market Size and Forecast, By Type
11.4.4.2 Market Size and Forecast, By Product
11.4.5 Chile
11.4.5.1 Market Size and Forecast, By Type
11.4.5.2 Market Size and Forecast, By Product
11.4.6 Venezuela
11.4.6.1 Market Size and Forecast, By Type
11.4.6.2 Market Size and Forecast, By Product
11.4.7. Rest of Latin America
11.4.7.1 Market Size and Forecast, By Type
11.4.7.2 Market Size and Forecast, By Product
12Middle East Empty Intravenous (IV) Bags Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Empty Intravenous (IV) Bags Market Share Analysis, By Type
12.3 Middle East Empty Intravenous (IV) Bags Market Size and Forecast, By Product
12.4 Middle East Empty Intravenous (IV) Bags Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.1.1 Market Size and Forecast, By Type
12.4.1.2 Market Size and Forecast, By Product
12.4.2. UAE
12.4.2.1 Market Size and Forecast, By Type
12.4.2.2 Market Size and Forecast, By Product
12.4.3. Egypt
12.4.3.1 Market Size and Forecast, By Type
12.4.3.2 Market Size and Forecast, By Product
12.4.4. Kuwait
12.4.4.1 Market Size and Forecast, By Type
12.4.4.2 Market Size and Forecast, By Product
12.4.5. South Africa
12.4.5.1 Market Size and Forecast, By Type
12.4.5.2 Market Size and Forecast, By Product
12.4.6 Venezuela
12.4.6.1 Market Size and Forecast, By Type
12.4.6.2 Market Size and Forecast, By Product
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Baxter
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. B. Braun Medical Inc
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. ICU MEDICAL INC
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Wipak
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 RENOLIT SE
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 TECHNOFLEX
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Sippex IV bags
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 JW Life science Corp
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Fresenius Kabi AG
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 POLYCINE GmbH
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
14.11 BAUSCH Advanced Technology Group
14.11.1 Overview
14.11.2 Offerings
14.11.3 Key Financials
14.11.4 Business Segment & Geographic Overview
14.11.5 Key Market Developments
14.11.6 Key Strategies
14.12 BD
14.12.1 Overview
14.12.2 Offerings
14.12.3 Key Financials
14.12.4 Business Segment & Geographic Overview
14.12.5 Key Market Developments
14.12.6 Key Strategies