The global iv bags market size was estimated at USD 2.6 billion in 2021, growing at a CAGR of 10.2% during the forecast period 2022-2028. Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “IV Bags Market: By Product Type (Single Chamber IV Bags, Multi-Chamber IV Bags), By Material Type (Polypropylene, Polyvinylchloride (PVC), Ethylene Vinyl Acetate, Copolyester Ether), By Size (500-1000 ml, 250-500 ml, Up to 250 ml), By Application (Blood Storage, Blood Transfusions, Medications, Electrolyte Imbalance), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), and Geography - Global/Region/Country Forecast to 2028”

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Electrolyte depletion is uncommon in people suffering from fever and diarrhea. Dehydration, which is more common among children, can also occur as a result of this. In order to deliver intravenous therapy to such individuals, IV bags are frequently prescribed. IV bags have also been demonstrated to be helpful in accurately delivering medication to veins through blood transfusion. The increasing popularity of IV bags in the healthcare industry indicates that the market has a bright future ahead of it. Intravenous solutions contain dextrose, amino acids, vitamins, mineral salts, and trace elements, and thus provide all of the basic essential components (proteins, carbohydrates, water, fats, vitamins, electrolytes, and minerals) needed to build tissue, burn calories, and perform other physiological functions. Multi-chamber bags, which contain a comprehensive blend of all essential nutrients, are also available.

IV bags have become a frequently utilized and favored alternative for parenteral packaging due to their easy availability and low cost. The cost of an IV bag is roughly $1, which contributes greatly to the market's soaring sales. Several countries have limited capability for manufacturing infusion pumps, which are essential for intravenous therapy. This aspect is mostly accountable for the overall market expansion potential. IV bags have become indispensable in the medical and hospital sectors due to the requirement for efficient blood storage systems. The market will see substantial use of IV bags in the next years, owing to the increasing prevalence of healthcare services in distant locations. Given the inherent characteristics of IV bags in terms of storing, transportation, sterilizing, and handling requirements, the market will continue to grow in the future. The necessity for properly providing parenteral pharmaceuticals to individuals who find it hard to take medication orally remains one of the primary factors fueling market expansion.

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Impact of COVID-19 on IV Bags Market:
In addition, the report discusses the implications of COVID-19, including the industry's initial response and strategies for ensuring business continuity in the coming years.

The global iv bags market segmentation:

 

1) By Product Type: Single Chamber IV Bags, Multi-Chamber IV Bags.

2)  By Material Type: Polypropylene, Polyvinylchloride (PVC), Ethylene Vinyl Acetate, Copolyester Ether.

3) By Size: 500-1000 ml, 250-500 ml, up to 250 ml.

4) By Application: Blood Storage, Blood Transfusions, Medications, Electrolyte Imbalance.

5)  By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies.

 

 

Due to its broad scope in the healthcare industry, North America is likely to lead the IV bags market during the forecast period, mainly due to the region's rising obesity prevalence. Due to the obvious rising penetration of medical institutions in rural areas, heavily populated areas, and improved awareness, the IV bags market in the APEJ area is expected to rise rapidly throughout the forecast period.

Some of the major key players in the iv bags market are ICU Medical, Inc. (U.S.), Medline Industries, Inc. (U.S.), Kraton Corporation (U.S.), Braun Melsungen AG (Germany), Hospira Inc. (Pfizer, Inc.) (U.S.), Otsuka Pharmaceutical Co. Ltd. (Japan), Haemotronic S.p.A (Italy), Wipak Group (Germany), Fresenius SE & Co. KGaA (Germany), Polycine GmbH (Germany)

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