The global medical fluid bags market was valued at $XX in 2020 and is projected to reach $XX by 2030 registering a CAGR of XX% from 2021 to 2030.
Medical fluid bags are highly developed bags designated for the effective containment of various medical products and are utilized in a wide range of product types such as urine collection, blood storage, enteral feeding, sterile packaging, and others. These bags are typically composed of different polymers and consist of pouches for containing bodily fluids in a broad range of biomedical procedures. Medical fluid bags come in a variable sizes and comprise of an inner pouch and external plastic coating. The compartmentalization of these bags into the inner pouch and outer coating assists in protecting the fluids until the specified expiration date mentioned on the bags. These bags are widely utilized with the multipurpose approach in healthcare settings to maintain adequate sterilized conditions for the blood sample that further helps in ensuring infection-free premises, reducing disease spread, and potential leakage of blood samples or medicines. Furthermore, these bags are also utilized in fluid replacement therapy performed to ensure appropriate body fluid collection, blood transfusions, electrolyte imbalances, and maintenance of healthy nutritional intake of the patient through the oral or enteral route of administration.
Factors such as the rise in incidences of various chronic conditions such as diabetes, cancer, cardiovascular diseases, kidney and liver infections are among the key drivers driving the growth of the medical fluid bags market globally. Furthermore, rising prevalence of gastrointestinal disease, particularly in the elderly population is expected to drive the industry growth. However, complications associated with the use of PVC-composed medical fluid bags on patient health as well as concerns regarding improper disposal are causing a detrimental impact on the environment, which is projected to adversely hamper the market growth. As per data published by National Centers for Biotechnology Information (NCBI), prolonged exposure to endocrine-damaging bisphenol-A (BPA) and di-(2-ethylhexyl) phthalate (DEHP) are associated with serious health conditions. Conversely, the growth of the hospital and healthcare sector throughout the globe has significantly increased the use of intravenous fluid bags.
The global medical fluid bags market segmented on the basis of product type, material, end user and region. On the basis of product type, it is further classified into blood bags, intravenous bags, drain bags, dialysis bags and others. By material, it is divided into PVC compounds, polyolefins and others. Based on end user, it is categorized into hospitals, blood banks and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA
Medical fluid bags are highly developed bags designated for the effective containment of various medical products and are utilized in a wide range of product types such as urine collection, blood storage, enteral feeding, sterile packaging, and others. These bags are typically composed of different polymers and consist of pouches for containing bodily fluids in a broad range of biomedical procedures. Medical fluid bags come in a variable sizes and comprise of an inner pouch and external plastic coating. The compartmentalization of these bags into the inner pouch and outer coating assists in protecting the fluids until the specified expiration date mentioned on the bags. These bags are widely utilized with the multipurpose approach in healthcare settings to maintain adequate sterilized conditions for the blood sample that further helps in ensuring infection-free premises, reducing disease spread, and potential leakage of blood samples or medicines. Furthermore, these bags are also utilized in fluid replacement therapy performed to ensure appropriate body fluid collection, blood transfusions, electrolyte imbalances, and maintenance of healthy nutritional intake of the patient through the oral or enteral route of administration.
Factors such as the rise in incidences of various chronic conditions such as diabetes, cancer, cardiovascular diseases, kidney and liver infections are among the key drivers driving the growth of the medical fluid bags market globally. Furthermore, rising prevalence of gastrointestinal disease, particularly in the elderly population is expected to drive the industry growth. However, complications associated with the use of PVC-composed medical fluid bags on patient health as well as concerns regarding improper disposal are causing a detrimental impact on the environment, which is projected to adversely hamper the market growth. As per data published by National Centers for Biotechnology Information (NCBI), prolonged exposure to endocrine-damaging bisphenol-A (BPA) and di-(2-ethylhexyl) phthalate (DEHP) are associated with serious health conditions. Conversely, the growth of the hospital and healthcare sector throughout the globe has significantly increased the use of intravenous fluid bags.
The global medical fluid bags market segmented on the basis of product type, material, end user and region. On the basis of product type, it is further classified into blood bags, intravenous bags, drain bags, dialysis bags and others. By material, it is divided into PVC compounds, polyolefins and others. Based on end user, it is categorized into hospitals, blood banks and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the medical fluid bags market along with the current trends and future estimations to explain the imminent investment pockets.
- A comprehensive analysis of the factors drive and restrict the market growth is provided in the report.
- Comprehensive quantitative analysis of the industry from 2020 to 2030 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
- Extensive analysis of the key segments of the industry helps to understand the application and products of fluid bags used across the globe.
- Key market players and their strategies have been analyzed to understand the competitive outlook of the market.
KEY MARKET SEGMENTS
By Product Type
- Blood Bags
- Intravenous Bags
- Drain Bags
- Dialysis Bags
- Others
By Material
- PVC Compounds
- Polyolefins
- Others
By End user
- Hospitals
- Blood Banks
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
- Amsino International Inc.
- B. Braun Medical
- Baxter International
- ConvaTec
- Fresenius Kabi
- Hospira Inc.
- Pall Corporation
- Smiths Medical
- Terumo Corporation
- Thermo Fisher Scientific Inc.
- Westfield Medical Ltd.
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
CHAPTER 4: MEDICAL FLUID BAGS MARKET, BY PRODUCT TYPE
CHAPTER 5: MEDICAL FLUID BAGS MARKET, BY MATERIAL
CHAPTER 6: MEDICAL FLUID BAGS MARKET, BY END USER
CHAPTER 7: MEDICAL FLUID BAGS MARKET, BY REGION
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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