Global Empty Intravenous (IV) Bags Market – Industry Trends and Forecast to 2030

Global Empty Intravenous (IV) Bags Market, By Product (PVC, non-PVC), Type (Single, Multi-chamber) – Industry Trends and Forecast to 2030.

Empty Intravenous (IV) Bags Market Analysis and Size

Increased due to the environmental friendliness of non-PVC IV bags, increased government activities, rising malnutrition prevalence, and rising cancer incidence globally. According to the World Health Organization, diarrhoeal illness is the second largest cause of death in children under the age of five. Every year, over 1.7 billion instances of pediatric diarrhoea are reported worldwide. The possibility of chemical leaking from plastic IV bags, on the other hand, is a substantial market restraint.

Data Bridge Market Research analyses that the global empty intravenous (IV) bags market which was USD 3,713.54 million in 2022, is expected to reach USD 5,628.56 million by 2030, and is expected to undergo a CAGR of 5.40% during the forecast period. “Non-PVC” dominates the type segment of the global empty intravenous (IV) bags market owing to rise in incidence of chronic diseases. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Empty Intravenous (IV) Bags Market Scope and Segmentation

Market Definition

Intravenous (IV) therapy bags are used to prevent dehydration, keep blood pressure in check, and administer medications or nutrition to patients who cannot eat. Empty IV Bags are easy to handle and store both the diluent and the medication powder separately until the point of use.

Empty Intravenous (IV) Bags Market Dynamics

Drivers

• Growing Prevalence of Chronic Diseases

The rising prevalence of chronic diseases, such as diabetes, cancer, and cardiovascular disorders, drives the demand for intravenous therapies. As these conditions require long-term treatment and management, there is a need for a continuous supply of empty IV bags, fuelling market growth.

• Increasing Hospital Admissions and Surgical Procedures

The growing number of hospital admissions and surgical procedures worldwide contributes to the demand for intravenous therapies. Empty IV bags are essential for various applications, including hydration, medication administration, and parenteral nutrition, supporting market growth.

• Technological Advancements in (IV) Bag Materials and Design

Innovations in IV bag materials, such as non-PVC materials, eco-friendly options, and bag designs that facilitate easier filling, handling, and administration, drive m​​​​​​​arket growth. Technological advancements improve safety, reduce contamination risks, and enhance the overall user experience.

Opportunities

• Expansion of Home Infusion Therapy

The expansion of home infusion therapy, driven by factors such as patient preference, cost-effectiveness, and technological advancements, creates opportunities for the empty IV bags market. Home-based infusion therapies require a steady supply of empty IV bags, driving market expansion.

• Growing Pharmaceutical Manufacturing Sector

The growth of the pharmaceutical manufacturing sector, particularly in emerging economies, presents opportunities for the empty IV bags market. Increasing production volumes of IV medications and fluids necessitate the availability of empty IV bags, fostering market growth

Restraints/Challenges

• Environmental Concerns and Waste Management

The use of conventional PVC-based IV bags raises environmental concerns due to the release of toxic substances during production and disposal. Eco-conscious initiatives and the need for proper waste management pose challenges for the market and drive the demand for eco-friendly alternatives.

• Product Standardization and Compatibility

The lack of standardized guidelines for compression therapy and variations in regulations across different regions pose challenges for manufacturers and healthcare professionals. Standardization efforts and clearer regulations are needed to ensure product quality and consistency.

This empty intravenous (IV) bags market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the empty intravenous (IV) bags market Contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

• In April 2019, Scripps Health agreed to buy ICU Medical's IV consumables and solutions and the ICU Medical MedNet IV medication safety software-based Plum 360 infusion system from the latter

Global Empty Intravenous (IV) Bags Market Scope

The global empty intravenous (IV) bags market is segmented on the basis of type, and product type. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• PVC
• Non-PVC

Product Type

• Single Chamber
• Multi-chamber

Global Empty Intravenous (IV) bags market Regional Analysis/Insights

The global empty intravenous (IV) bags market is analysed and market size insights and trends are provided by country, type, and product type as referenced above.

The countries covered in the  global empty intravenous (IV) bags market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

North America dominates the global empty intravenous (IV) bags market due to the increase adoption of non-PVC bags in the region is high owing to rising acceptance of innovative healthcare technologies will further boost the growth of the empty intravenous (IV) bags market in the region during the forecast period.

Asia-Pacific is projected to observe significant amount of growth in the global empty intravenous (IV) bags market due to the high disease prevalence, better reimbursement policies, and increasing investments for improving healthcare infrastructure. Increasing geriatric population, increasing consumption of unhealthy food, and low awareness are expected to aid growth the regional market.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Healthcare Infrastructure Growth Installed base and New Technology Penetration

The global empty intravenous (IV) bags market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for global empty intravenous (IV) bags market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the global empty intravenous (IV) bags market. The data is available for historic period 2015-2020.

Competitive Landscape and Global Empty Intravenous (IV) Bags Market Share Analysis

The global empty intravenous (IV) bags market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global empty intravenous (IV) bags market.

Some of the major players operating in the global empty intravenous (IV) bags market are:

• Sippex IV Bag (U.S.)
• Technoflex (Japan)
• Wipak Group (Germany)
• Baxter (U.S.)
• B. Braun (Germany)
• ICU Medical, Inc. (U.S.)
• POLYCINE GmbH (Germany)
• RENOLIT SE (Germany)
• Pfizer Inc. (U.S.)
• West Pharmaceutical Services Inc. (U.S.)
• Jinan Youlyy Industrial Co., Ltd. (China)
• Jiangsu Eyoung Medical Devices Co. Ltd. (China)