EMPTY IV BAGS MARKET SIZE:
The Empty IV Bags Market size was valued at USD 4.44 Billion in 2023 and is expected to reach USD 8.86 Billion by 2032 and grow at a CAGR of 7.31% over the forecast period 2024-2032.
The Empty IV Bags Market is poised for robust growth, driven by regulatory changes and technological advancements in key regions. Countries like Japan, the U.S., and China are adopting stricter policies to minimize medical waste and promote eco-friendly solutions, spurring demand for non-PVC and biodegradable IV bags. In Europe, sustainability initiatives in France and Germany are encouraging healthcare facilities to reduce single-use plastics. The U.S. healthcare system's zero-waste programs further support the shift toward green-friendly IV bags, while India’s expanding healthcare infrastructure is creating significant market opportunities. Technological innovations are enhancing the functionality and safety of IV bags, with developments in multi-chamber technology ensuring accurate drug delivery and improved durability against leakage and contamination.
New launches of antimicrobial and sterilized IV bags compliant with stringent regulatory standards are improving patient outcomes. These advancements, combined with a growing focus on recyclable and biodegradable materials, are transforming the market, particularly in the Asia-Pacific region, where healthcare infrastructure is rapidly expanding to meet increasing demand.
MARKET DYNAMICS
KEY DRIVERS:
High demands for eco-friendly materials to be used in health systems.
Growing recognition of the environmental impact from healthcare waste has led the public around the world to demand an increase in sustainable IV bags. As government regulations press various healthcare providers to move out of their traditional PVC bags, they are turning against the environmental impact of this material. Non-PVC bags have been in increasingly high demand, especially made with polypropylene or such other materials that are recognized as friendly to the environment, mainly because they tend to be recyclable or less toxic. For instance, in Europe more than 70 % of health care facilities anticipate the increase of demand for safer as well as eco-friendly bag use by 2023.
To that extent some of the medical institutions operating within the United States as well as Europe have come out to take up the initiative towards investing in the 'green' medicine products; among them the use of IV bag materials triggered by the effort from their respective governments to get rid of waste plastics. This trend is compelling manufacturers to develop green-friendly products that cater to green hospital programs across the globe, particularly in regions that regulate plastic medical waste.
Increased health expenditure and infrastructural development in emerging economies.
Increased investments in healthcare sectors by emerging economies have significantly impacted demand for medical supplies, among them IV bags. The growing healthcare infrastructure in regions such as Asia-Pacific is increasing patient care facilities, which in turn is increasing the demand for medical disposables. For example, in 2023, India increased its healthcare budget by nearly 12% and focused on expanding healthcare access in rural areas where IV bags are vital for hydration and medication delivery.
Similarly, in China, health care expenditure increased to about 9% in the same year to modernize medical facilities and ease access. The increases of health care budgets automatically translate into the demand for empty IV bags as hospitals and clinics opt for reliable and cost-effective large patient volume handling. That is expected to continue going forward with the non-western regions forming a massive chunk of global demand by improving their health care delivery capabilities.
RESTRAIN:
High cost of non-PVC IV bags hinders broad adoption.
Switching to non-PVC IV bags is environmentally friendly but, in many cases, prohibitively expensive for healthcare organizations. Non-PVC IV bags are manufactured with more sophisticated materials, such as EVA or polypropylene, which are more costly to produce than traditional PVC bags. For instance, using non-PVC materials will be at least 30% costlier than PVC materials. It would be a substantial burden on hospitals, especially those having limited healthcare budgets, to incur such expenses in a resource-scarce region.
In addition, manufacturers of these environmentally friendly alternatives requires specialty equipment, hence adding in production costs and capacity constraints that limit the suppliers' ability to maintain competitive prices. This cost factor is a significant constraint in developing markets where the health care centers might opt for less expensive PVC bags as they are operating under budgetary constraints. In this context, although the healthcare systems are aiming at cost control, it is still challenging to compare the environment-friendly ones with the economical ones for the future prospects of the non-PVC segment.
KEY MARKET SEGMENTS
BY PRODUCT TYPE
PVC bags were the largest shareholder in the Empty IV Bags Market in 2023, holding 56% market share. They have been used long enough as the common mode of storing IV fluid, as they were cheap and more available in the past. PVC is also stiff, flexible, and very inexpensive material ensuring ease in manufacturing for a single use medical disposables, although the environmental and health dangers of PVC and also the dioxins associated during its disposal necessitate this shift. As governments and healthcare organizations keep looking for options that are sustainable, this is likely to dent the monopoly of PVC.
Material-based non-PVC IV bags will grow with fastest CAGR of 7.71% from 2024 through 2032. The material provided safety and environmental characteristics to resolve plastic leach out and disposal issues. Non-PVC IV bags stand to gain sizeable penetrations with health sustainability programs for reducing medical plastic waste within countries with tough environmental statutes. This category is associated with health sustainability goals as a result and will come to play a core role as the future going forward into the IV bags market
BY TYPE
Single Chamber IV bags accounted for the highest share of 63% in 2023. Single chamber bags are highly used for routine fluid and electrolyte replacement, and are an inevitable part of any hospital and emergency care. Simplicity, cost-effectiveness, and suitability for various applications, including rehydration and medication mixing, drive demand. As these bags are still a fundamental part of general healthcare requirements, they are likely to maintain significant market share, especially in underdeveloped regions where medical facilities are not easily available.
Multi-chamber IV bags are expected to grow at the fastest CAGR of 7.66% during the forecast period between 2024 and 2032. These bags provide the facility of keeping multiple fluids and mixing them, which is a significant benefit in complex therapeutic applications. Rising numbers of patients with chronic conditions, especially requiring very sophisticated intravenous drugs, will fuel multi-chamber bags. As there is an advancement in medical science to adopt sophisticated patient-friendly treatment and care, this market will take the frontline in the specific treatment delivery scenario.
REGIONAL ANALYSIS
North America accounted for a 34% market share owed to the region's better healthcare infrastructure, high investment in medical technologies, and rigid regulatory standards on the management of medical waste. In addition, the country embraced sustainable health care practices by urging the adoption of environmentally friendly IV bags, in sync with the national goals toward sustainability. Good established health care system and persistent demand for quality medical disposables maintain the market dominance of North America.
The Asia Pacific region is projected to be the most rapidly growing, with an estimated CAGR of 8.63% during the forecast period 2024-2032. An increase in health expenditure and infrastructural activities in countries like China, India, and Japan will boost growth. The increase in investments by governments in health sectors and rising awareness about green technologies is driving the adoption of non-PVC IV bags. The modernization of this region's healthcare infrastructure would further fuel the demand for single-use as well as multi-chamber IV bags, thus giving adequate market opportunities to its players.
KEY PLAYERS
Some of the major players in the Empty IV Bags Market are
Baxter International (IV Solutions, Non-PVC IV Bags)
Fresenius Kabi (Single Chamber Bags, Multi-Chamber Bags)
B. Braun Melsungen AG (IV Bags, PVC-Free Bags)
ICU Medical (Empty IV Bags, Sterile Fluid Containers)
Smiths Medical (Infusion Therapy, IV Bags)
Hospira (Sterile IV Bags, Customizable IV Solutions)
Sippex IV Bag Systems (Non-PVC Bags, Sterile IV Bags)
Technoflex (Polypropylene Bags, EVA Bags)
Haemotronic (Custom IV Bags, Sterile Containers)
RENOLIT Healthcare (Medical Films, IV Bag Materials)
West Pharmaceutical Services (Pharmaceutical Packaging, Infusion Bags)
Kraton Corporation (IV Bag Resins, Medical Polymer Solutions)
Huaren Pharmaceutical (PVC-Free IV Bags, Single Chamber Bags)
Jiangxi Sanxin Medtec (IV Fluid Bags, Non-PVC Bags)
Polycine GmbH (Infusion Bags, Medical Films)
Terumo Corporation (Infusion Therapy, Single Use Bags)
Medline Industries (Medical Packaging, IV Bags)
Angiplast Pvt Ltd. (Single Chamber Bags, Non-PVC Bags)
GEM Plastics (Polypropylene Bags, IV Bag Components)
Qosina (Medical Containers, IV Bags)
MAJOR SUPPLIERS (Components, Technologies)
Sabic (Polypropylene, Polyethylene)
LG Chem (Polyolefin, EVA)
BASF (Specialty Resins, High-Performance Plastics)
ExxonMobil (Polyethylene, Polypropylene)
DuPont (Medical Grade Polymers, Adhesives)
Eastman Chemical (Non-PVC Plastics, Plasticizers)
Solvay (Medical Grade Polymers, Polyolefin)
3M (Adhesives, Sealants)
Dow Chemical (Medical Grade Films, Resin)
Tekni-Plex (Flexible Films, Medical Grade Plastics)
MAJOR CLIENTS
Kaiser Permanente
Mayo Clinic
Cleveland Clinic
National Health Service (NHS)
Apollo Hospitals
HCA Healthcare
Mount Sinai Health System
Singapore General Hospital
Fortis Healthcare
Ascension
RECENT TRENDS
October 2024: Baxter International Corp. BAX.N said Monday it began shipping intravenous products from two international sites to the United States last week as it continues to prepare a hurricane-damaged manufacturing plant in North Carolina that has led to a critical shortage of the medical essential. The medical device maker also received clearance on October 9 from the U.S. Food and Drug Administration to temporarily import products from five facilities in Canada, China, Ireland, and the UK, and was working to secure authorization for more sites amid a nationwide shortage following flooding of the plant by Hurricane Helene late last month.
Leader in smart infusion therapy and pain management B. Braun Medical Inc. B. Braun announced today efforts under way by the company to source supply critical IV fluids related to Hurricane Milton, and damage resulting from Hurricane Helene to one of North Carolina's large manufacturing plants that produces a wide variety of IV fluids.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 4.44 Billion |
| Market Size by 2032 | US$ 8.86 Billion |
| CAGR | CAGR of 7.31 % From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (PVC, Non-PVC), • By Material (Polypropylene, Copolyester ether, Ethylene-vinyl acetate, Others) • By Type (Single Chamber, Multi-chamber) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Baxter, B. Braun Melsungen AG, ICU Medical, Inc., Terumo Corporation, Technoflex, Hospira, Inc., Fresenius Kabi, Renolit, Sippex, Polycine GmbH, JW Life Science, Macopharma, West Pharmaceutical Services, Pfizer, Angiplast, Qosina, Smiths Medical, Sanplast, ICU Medivent, Becton Dickinson. |
| Key Drivers |
|
| Restraints |
|
Ans: The Empty IV Bags Market is expected to grow at a CAGR of 7.31% during 2024-2032.
Ans: Empty IV Bags Market size was USD 4.44 Billion in 2023 and is expected to Reach USD 8.86 Billion by 2032.
Ans: The major growth factors of the Empty IV Bags Market are Demand for Eco-Friendly Materials to Be Used in Health Systems and Increased Health Expenditure and Infrastructural Development.
Ans: The PVC bags segment dominated the Empty IV Bags Market.
Ans: North America dominated the Empty IV Bags Market in 2023.
TABLE OF CONTENT
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Adoption Rates, 2023
5.2 User Demographics, By User Type and Roles, 2023
5.3 Feature Analysis, by Feature Type
5.4 Cost Analysis, by Product
5.5 Integration Capabilities
5.6 Regulatory Compliance, by Region
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Empty IV Bags Market Segmentation, By Product
7.1 Chapter Overview
7.2 PVC
7.2.1 PVC Market Trends Analysis (2020-2032)
7.2.2 PVC Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Non-PVC
7.3.1 Non-PVC Market Trends Analysis (2020-2032)
7.3.2 Non-PVC Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Empty IV Bags Market Segmentation, By Material
8.1 Chapter Overview
8.2 Polypropylene
8.2.1 Polypropylene Market Trends Analysis (2020-2032)
8.2.2 Polypropylene Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Copolyester ether
8.3.1 Copolyester ether Market Trends Analysis (2020-2032)
8.3.2 Copolyester ether Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Ethylene-vinyl acetate
8.4.1 Ethylene-vinyl acetate Market Trends Analysis (2020-2032)
8.4.2 Ethylene-vinyl acetate Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Others
8.5.1 Others Market Trends Analysis (2020-2032)
8.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Empty IV Bags Market Segmentation, By Type
9.1 Chapter Overview
9.2 Single Chamber
9.2.1 Single Chamber Market Trends Analysis (2020-2032)
9.2.2 Single Chamber Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Multi-chamber
9.3.1 Multi-chamber Market Trends Analysis (2020-2032)
9.3.2 Multi-chamber Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Empty IV Bags Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.2.4 North America Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.2.5 North America Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.2.6.2 USA Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.2.6.3 USA Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.2.7.2 Canada Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.2.7.3 Canada Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.2.8.2 Mexico Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.2.8.3 Mexico Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Empty IV Bags Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.6.2 Poland Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.3.1.6.3 Poland Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.7.2 Romania Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.3.1.7.3 Romania Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Empty IV Bags Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.4 Western Europe Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.3.2.5 Western Europe Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.6.2 Germany Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.3.2.6.3 Germany Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.7.2 France Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.3.2.7.3 France Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.8.2 UK Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.3.2.8.3 UK Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.9.2 Italy Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.3.2.9.3 Italy Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.10.2 Spain Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.3.2.10.3 Spain Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.13.2 Austria Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.3.2.13.3 Austria Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Empty IV Bags Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.4 Asia Pacific Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.4.5 Asia Pacific Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.6.2 China Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.4.6.3 China Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.7.2 India Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.4.7.3 India Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.8.2 Japan Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.4.8.3 Japan Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.9.2 South Korea Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.4.9.3 South Korea Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.10.2 Vietnam Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.4.10.3 Vietnam Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.11.2 Singapore Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.4.11.3 Singapore Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.12.2 Australia Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.4.12.3 Australia Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Empty IV Bags Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.4 Middle East Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.5.1.5 Middle East Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.6.2 UAE Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.5.1.6.3 UAE Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Empty IV Bags Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.2.4 Africa Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.5.2.5 Africa Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Empty IV Bags Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.6.4 Latin America Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.6.5 Latin America Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.6.6.2 Brazil Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.6.6.3 Brazil Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.6.7.2 Argentina Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.6.7.3 Argentina Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.6.8.2 Colombia Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.6.8.3 Colombia Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Empty IV Bags Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Empty IV Bags Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Empty IV Bags Market Estimates and Forecasts, By Material (2020-2032) (USD Billion)
11. Company Profiles
11.1 Baxter International
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 Fresenius Kabi
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 B. Braun Melsungen AG
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 ICU Medical
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Smiths Medical
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 Hospira
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Sippex IV Bag Systems
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Technoflex
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 Haemotronic
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 RENOLIT Healthcare
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
MARKET SEGMENTATION
BY PRODUCT
• PVC
• Non-PVC
BY MATERIAL
• Polypropylene
• Copolyester ether
• Ethylene-vinyl acetate
• Others
BY TYPE
• Single Chamber
• Multi-Chamber
Request for Segment Customization as per your Business Requirement: Segment Customization Request
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
The Global Biosimilars Market Size was USD 29.51 Billion in 2023 and expected to reach USD 127.92 Billion By 2032 and grow at a CAGR of 17.7% by 2024-2032.
The Home Healthcare Devices Market size was valued at USD 61.62 billion in 2023 and is expected to reach USD 122.92 billion by 2032 and grow at a CAGR of 8.0% over the forecast period of 2024-2032.
The Subcutaneous Drug Delivery Devices Market was worth USD 30.92 billion in 2023 and is predicted to be worth USD 56.95 billion by 2032, growing at a CAGR of 7.07% between 2024 and 2032.
The Healthcare Business Intelligence (BI) Market Size was valued at USD 9.0 Billion in 2023, and is expected to reach USD 27.63 Billion by 2032, and grow at a CAGR of 14.0%.
The Neurovascular Devices Market Size was valued at USD 3.01 billion in 2023, and is expected to reach USD 4.81 billion by 2030, and grow at a CAGR of 6.05% over the forecast period 2024-2031.
Surgical Imaging Market was valued at USD 148 billion in 2023 and is expected to reach USD 340.5 billion by 2032 and grow at a CAGR of 9.7% from 2024 to 2032.
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