The Intravenous (IV) Fluid Bags Market is being driven by Increasing prevalence of chronic diseases
The Intravenous (IV) Fluid Bags Market is expected to grow at a CAGR of 6.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 940.5 million. In the healthcare industry, intravenous (IV) fluid bags have been a crucial component in patient care since the 1960s and 1970s. Initially, polyvinyl chloride (PVC) was the primary material used due to its flexibility and cost-effectiveness. However, concerns regarding environmental sustainability and potential health risks associated with PVC's plasticizers have emerged. In response, material technology advancements have led to the increasing adoption of alternatives such as polyolefins, polyethylene, and polypropylene. These materials offer eco-friendly and less hazardous options for IV fluid bags, addressing the evolving needs of healthcare providers and patients. Manufacturers are keeping pace with this landscape shift to provide innovative and sustainable solutions.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
212 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.3% |
Market growth 2025-2029 |
USD 940.5 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
5.7 |
Key countries |
US, China, Germany, Japan, France, UK, Canada, Italy, Brazil, and Spain |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Intravenous (IV) Fluid Bags Market involves the production of laminated films for packaging aqueous solutions, including pharmaceutical-grade isotonic saline and dextrose, as well as blood products. Strict adherence to USP standards, European Pharmacopeia, and ISO guidelines ensures drug compatibility and safety. Cleanroom manufacturing, aseptic processing, sterile filtration, gamma irradiation, and e-beam sterilization maintain product sterility. Validation protocols, product traceability, and batch records ensure quality and regulatory compliance. RFID technology, electronic data capture, inventory management, just-in-time delivery, clinical trials, drug development, and regulatory approvals streamline production and distribution. Adverse events, product recalls, and environmental impact are ongoing concerns.
The Intravenous (IV) Fluid Bags market is a significant segment of the larger global healthcare supplies industry. This sector encompasses the production and distribution of essential IV solutions, fluid bags, and infusion bags. The parent market for healthcare supplies includes companies involved in the research and development (R&D) of a wide range of medical consumables, including IV fluids, used for disease diagnosis and treatment. According to Technavio, the global healthcare supplies market size is determined by the total revenue generated by manufacturers of medical supplies such as syringes, drapes, gloves, and gowns. Factors driving market growth include the increasing global population aging, with Europe and the US projected to have nearly one-quarter of their populations over 60 years old by 2030 and 2050, respectively. Key products in the IV Fluid Bags market include polyvinyl chloride (PVC) bags, which offer advantages such as flexibility, transparency, and resistance to microbial growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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