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Empty IV Bags Market Size, Share & Trends Analysis Report by Product (PVC, Non-PVC), Region (North America, Europe, Asia Pacific), and Segment Forecasts, 2024-2030

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    Report

  • 250 Pages
  • June 2024
  • Region: Global
  • Grand View Research
  • ID: 5734422
Description Jump to:
The global empty IV bags market size is expected to reach USD 8.76 billion by 2030, registering a CAGR of 8.7% during the forecast period. The market is expected to witness growth due to the increasing government initiatives, rising Natality rate, and rising geriatric population.

The growing risk of malnutrition is another major driver for the market’s growth. According to WHO, millions of people are suffering from different forms of malnutrition across the world. According to the study by the Global Coalition on Aging (GCOA) 2020, on average, 31.0% of patients admitted to hospitals are undernourished, and the prevalence is higher among seniors, affecting up to 52.7% of older people hospitalized with COVID-19. Thus, an aging population is significantly increasing the prevalence of various health issues, including nutritional problems and chronic non-communicable diseases. This is anticipated to support the industry growth in the coming years.

Key players are undertaking various strategic initiatives to develop technologically advanced products. Key players are adopting strategies such as mergers & acquisitions, purchasing agreements, and partnerships to launch new product lines with advanced technology. For instance, in January 2022, the acquisition of Smiths Medical's syringe and vascular access, ambulatory infusion devices, and vital care products to the ICU Medical portfolio establishes a prominent infusion therapy company with a stronger global presence. ICU Medical completed the acquisition of Smiths Medical from Smiths Group plc.

Furthermore, in June 2022, Gufic Biosciences worked in partnership with a French company to produce its novel technology locally in India. Gufic Biosciences first introduced two-chamber IV bags composed of polypropylene (DEHP-free) with peelable aluminum foil that could store unstable medications that required reconstitution right before giving them to a patient which is expected to drive the growth of the empty IV bags industry in near future.

Empty IV Bags Market Report Highlights

  • Based on product, the PVC is a popular material as it has a number of useful technical properties. Since PVC is comparatively cheap to manufacture and is easy to work with, which contributes to the segment growth
  • The non-PVC empty IV bags segment is expected to grow at the highest CAGR during to forecast period, owing to technological advancements, environmentally friendly properties, and the rising number of surgeries. Non-PVC empty IV bags is further sub-segmented into single, and multi-chamber empty IV bags
  • The Asia Pacific region is expected to grow at a fastest CAGR from 2024 to 2030, owing to various factors such as growing population, rising disposable income & healthcare expenditure, as well as the presence of large untapped opportunities in emerging economies such as China, and India. Moreover, investments being made by companies to expand their regional presence and develop healthcare infrastructure are further contributing to the market growth.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Research Methodology
1.3. Information Procurement
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Empty IV Bags Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.1.1. Ancillary Market Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.1.1. Environment friendly nature of non-PVC empty IV bags
3.2.1.2. Rising Incidences of Trauma and Road Accident Cases
3.2.1.3. Growing Geriatric Population
3.2.1.4. Risk of malnutrition
3.2.1.5. Increasing incidence of cancer
3.2.1.6. Technological Advancements
3.2.2. Market Restraint Analysis
3.2.2.1. Stringent regulations
3.2.2.2. Chemical leaching from PVC bags
3.3. Empty IV Bags Market Analysis Tools
3.3.1. Industry Analysis - Porter’s Five Forces
3.3.1.1. Bargaining power of suppliers
3.3.1.2. Bargaining power of buyers
3.3.1.3. Threat of substitutes
3.3.1.4. Threat of new entrants
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political & Legal Landscape
3.3.2.2. Economic and Social Landscape
3.3.2.3. Technological landscape
Chapter 4. Empty IV Bags Market: Product Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Global Empty IV Bags Market Movement Analysis
4.3. Global Empty IV Bags Market Size & Trend Analysis, by Product, 2018 to 2030 (USD Million)
4.3.1. PVC
4.3.1.1. PVC Market, Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.3.2. NON-PVC (TYPE)
4.3.2.1 Non-PVC (type) Market, Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.3.2.1.1 Single Chamber
4.3.2.1.1.1 Single Chamber Market, Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.3.2.1.2 Multi Chamber
4.3.2.1.2.1 Multi Chamber Market, Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.3.3. NON-PVC (MATERIAL)
4.3.2.2 Non-PVC (Material) Market, Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.3.2.2.1 Polypropylene
4.3.4. Polypropylene Market, Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.3.2.2.2 Copolyester Ether
4.3.5. Copolyester Ether Market, Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.3.2.2.3 Ethylene-Vinyl Acetate
4.3.6. Ethylene-vinyl Acetate Market, Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.3.2.2.4 Others
4.3.7. Others Market, Revenue Estimates and Forecasts, 2018-2030 (USD Million)
Chapter 5. Empty IV Bags Market: Regional Estimates & Trend Analysis By Product
5.1. Regional Dashboard
5.2. Market Size & Forecasts and Trend Analysis, 2018 to 2030
5.3. North America
5.3.1. North America Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.3.2. U.S.
5.3.2.1. Key Country Dynamics
5.3.2.2. Competitive Scenario
5.3.2.3. Regulatory Scenario
5.3.2.4. Reimbursement Scenario
5.3.2.5. U.S. Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.3.3. Canada
5.3.3.1. Key Country Dynamics
5.3.3.2. Competitive Scenario
5.3.3.3. Regulatory Scenario
5.3.3.4. Reimbursement Scenario
5.3.3.5. Canada Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.3.4. Mexico
5.3.4.1. Key Country Dynamics
5.3.4.2. Competitive Scenario
5.3.4.3. Regulatory Scenario
5.3.4.4. Reimbursement Scenario
5.3.4.5. Mexico Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4. Europe
5.4.1. Europe Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4.2. UK
5.4.2.1. Key Country Dynamics
5.4.2.2. Competitive Scenario
5.4.2.3. Regulatory Scenario
5.4.2.4. Reimbursement Scenario
5.4.2.5. UK Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4.3. Germany
5.4.3.1. Key Country Dynamics
5.4.3.2. Competitive Scenario
5.4.3.3. Regulatory Scenario
5.4.3.4. Reimbursement Scenario
5.4.3.5. Germany Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4.4. France
5.4.4.1. Key Country Dynamics
5.4.4.2. Competitive Scenario
5.4.4.3. Regulatory Scenario
5.4.4.4. Reimbursement Scenario
5.4.4.5. France Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4.5. Italy
5.4.5.1. Key Country Dynamics
5.4.5.2. Competitive Scenario
5.4.5.3. Regulatory Scenario
5.4.5.4. Reimbursement Scenario
5.4.5.5. Italy Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4.6. Spain
5.4.6.1. Key Country Dynamics
5.4.6.2. Competitive Scenario
5.4.6.3. Regulatory Scenario
5.4.6.4. Reimbursement Scenario
5.4.6.5. Spain Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4.7. Denmark
5.4.7.1. Key Country Dynamics
5.4.7.2. Competitive Scenario
5.4.7.3. Regulatory Scenario
5.4.7.4. Reimbursement Scenario
5.4.7.5. Denmark Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4.8. Sweden
5.4.8.1. Key Country Dynamics
5.4.8.2. Competitive Scenario
5.4.8.3. Regulatory Scenario
5.4.8.4. Reimbursement Scenario
5.4.8.5. Sweden Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4.9. Norway
5.4.9.1. Key Country Dynamics
5.4.9.2. Competitive Scenario
5.4.9.3. Regulatory Scenario
5.4.9.4. Reimbursement Scenario
5.4.9.5. Norway Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.5. Asia Pacific
5.5.1. Asia Pacific Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.5.2. Japan
5.5.2.1. Key Country Dynamics
5.5.2.2. Competitive Scenario
5.5.2.3. Regulatory Scenario
5.5.2.4. Reimbursement Scenario
5.5.2.5. Japan Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.5.3. China
5.5.3.1. Key Country Dynamics
5.5.3.2. Competitive Scenario
5.5.3.3. Regulatory Scenario
5.5.3.4. Reimbursement Scenario
5.5.3.5. China Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.5.4. India
5.5.4.1. Key Country Dynamics
5.5.4.2. Competitive Scenario
5.5.4.3. Regulatory Scenario
5.5.4.4. Reimbursement Scenario
5.5.4.5. India Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.5.5. South Korea
5.5.5.1. Key Country Dynamics
5.5.5.2. Competitive Scenario
5.5.5.3. Regulatory Scenario
5.5.5.4. Reimbursement Scenario
5.5.5.5. South Korea Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.5.6. Australia
5.5.6.1. Key Country Dynamics
5.5.6.2. Competitive Scenario
5.5.6.3. Regulatory Scenario
5.5.6.4. Reimbursement Scenario
5.5.6.5. Australia Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.5.7. Thailand
5.5.7.1. Key Country Dynamics
5.5.7.2. Competitive Scenario
5.5.7.3. Regulatory Scenario
5.5.7.4. Reimbursement Scenario
5.5.7.5. Thailand Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.6. Latin America
5.6.1. Latin America Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.6.2. Brazil
5.6.2.1. Key Country Dynamics
5.6.2.2. Competitive Scenario
5.6.2.3. Regulatory Scenario
5.6.2.4. Reimbursement Scenario
5.6.2.5. Brazil Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.6.3. Argentina
5.6.3.1. Key Country Dynamics
5.6.3.2. Competitive Scenario
5.6.3.3. Regulatory Scenario
5.6.3.4. Reimbursement Scenario
5.6.3.5. Argentina Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.7. Middle East & Africa
5.7.1. Middle East & Africa Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.7.2. South Africa
5.7.2.1. Key Country Dynamics
5.7.2.2. Competitive Scenario
5.7.2.3. Regulatory Scenario
5.7.2.4. Reimbursement Scenario
5.7.2.5. South Africa Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.7.3. Saudi Arabia
5.7.3.1. Key Country Dynamics
5.7.3.2. Competitive Scenario
5.7.3.3. Regulatory Scenario
5.7.3.4. Reimbursement Scenario
5.7.3.5. Saudi Arabia Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.7.4. UAE
5.7.4.1. Key Country Dynamics
5.7.4.2. Competitive Scenario
5.7.4.3. Regulatory Scenario
5.7.4.4. Reimbursement Scenario
5.7.4.5. UAE Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
5.7.5. Kuwait
5.7.5.1. Key Country Dynamics
5.7.5.2. Competitive Scenario
5.7.5.3. Regulatory Scenario
5.7.5.4. Reimbursement Scenario
5.7.5.5. Kuwait Empty IV Bags Market Estimates and Forecasts, 2018-2030 (USD Million)
Chapter 6. Competitive Landscape
6.1. Market Participant Categorization
6.2. Key Company Profiles
6.2.1. Baxter
6.2.1.1. Company Overview
6.2.1.2. Financial Performance
6.2.1.3. Product Benchmarking
6.2.1.4. Strategic Initiatives
6.2.2. B. Braun Medical Inc.
6.2.2.1. Company Overview
6.2.2.2. Financial Performance
6.2.2.3. Product Benchmarking
6.2.2.4. Strategic Initiatives
6.2.3. ICU MEDICAL, INC.
6.2.3.1. Company Overview
6.2.3.2. Financial Performance
6.2.3.3. Product Benchmarking
6.2.3.4. Strategic Initiatives
6.2.4. Wipak
6.2.4.1. Company Overview
6.2.4.2. Financial Performance
6.2.4.3. Product Benchmarking
6.2.4.4. Strategic Initiatives
6.2.5. RENOLIT SE
6.2.5.1. Company Overview
6.2.5.2. Financial Performance
6.2.5.3. Product Benchmarking
6.2.5.4. Strategic Initiatives
6.2.6. TECHNOFLEX
6.2.6.1. Company Overview
6.2.6.2. Financial Performance
6.2.6.3. Product Benchmarking
6.2.6.4. Strategic Initiatives
6.2.7. Sippex IV bags
6.2.7.1. Company Overview
6.2.7.2. Financial Performance
6.2.7.3. Product Benchmarking
6.2.7.4. Strategic Initiatives
6.2.8. JW Life science Corp
6.2.8.1. Company Overview
6.2.8.2. Financial Performance
6.2.8.3. Product Benchmarking
6.2.8.4. Strategic Initiatives
6.2.9. Fresenius Kabi AG
6.2.9.1. Company Overview
6.2.9.2. Financial Performance
6.2.9.3. Product Benchmarking
6.2.9.4. Strategic Initiatives
6.2.10. POLYCINE GmbH
6.2.10.1. Company Overview
6.2.10.2. Financial Performance
6.2.10.3. Product Benchmarking
6.2.10.4. Strategic Initiatives
6.2.11. BAUSCH Advanced Technology Group
6.2.11.1. Company Overview
6.2.11.2. Financial Performance
6.2.11.3. Product Benchmarking
6.2.11.4. Strategic Initiatives
6.2.12. BD
6.2.12.1. Company Overview
6.2.12.2. Financial Performance
6.2.12.3. Product Benchmarking
6.2.12.4. Strategic Initiatives
6.3. Heat Map Analysis/ Company Market Position Analysis
6.4. Estimated Company Market Share Analysis, 2023
List of Tables
Table 1 List of secondary sources
Table 2 List of abbreviation
Table 3 North America empty IV bags market, by country, 2018-2030 (USD Million)
Table 4 North America empty IV bags market, by product, 2018-2030 (USD Million)
Table 5 U.S. empty IV bags market, by product, 2018-2030 (USD Million)
Table 6 Mexico empty IV bags market, by product, 2018-2030 (USD Million)
Table 7 Canada empty IV bags market, by product, 2018-2030 (USD Million)
Table 8 Europe empty IV bags market, by country, 2018-2030 (USD Million)
Table 9 Europe empty IV bags market, by product, 2018-2030 (USD Million)
Table 10 UK empty IV bags market, by product, 2018-2030 (USD Million)
Table 11 Germany empty IV bags market, by product, 2018-2030 (USD Million)
Table 12 France empty IV bags market, by product, 2018-2030 (USD Million)
Table 13 Italy empty IV bags market, by product, 2018-2030 (USD Million)
Table 14 Spain empty IV bags market, by product, 2018-2030 (USD Million)
Table 15 Denmark empty IV bags market, by product, 2018-2030 (USD Million)
Table 16 Sweden empty IV bags market, by product, 2018-2030 (USD Million)
Table 17 Norway empty IV bags market, by product, 2018-2030 (USD Million)
Table 18 Asia Pacific empty IV bags market, by country, 2018-2030 (USD Million)
Table 19 Asia Pacific empty IV bags market, by product, 2018-2030 (USD Million)
Table 20 China empty IV bags market, by product, 2018-2030 (USD Million)
Table 21 Japan empty IV bags market, by product, 2018-2030 (USD Million)
Table 22 India empty IV bags market, by product, 2018-2030 (USD Million)
Table 23 Australia empty IV bags market, by product, 2018-2030 (USD Million)
Table 24 Thailand empty IV bags market, by product, 2018-2030 (USD Million)
Table 25 Latin America empty IV bags market, by country, 2018-2030 (USD Million)
Table 26 Latin America empty IV bags market, by product, 2018-2030 (USD Million)
Table 27 Brazil empty IV bags market, by product, 2018-2030 (USD Million)
Table 28 Argentina empty IV bags market, by product, 2018-2030 (USD Million)
Table 29 Middle East & Africa empty IV bags market, by country, 2018-2030 (USD Million)
Table 30 Middle East & Africa empty IV bags market, by product, 2018-2030 (USD Million)
Table 31 South Africa empty IV bags market, by product, 2018-2030 (USD Million)
Table 32 Saudi Arabia empty IV bags market, by product, 2018-2030 (USD Million)
Table 33 UAE empty IV bags market, by product, 2018-2030 (USD Million)
Table 34 Kuwait empty IV bags market, by product, 2018-2030 (USD Million)
List of Figures
Figure 1 Information procurement
Figure 2 Primary research pattern
Figure 3 Market research approaches
Figure 4 Value-chain-based sizing & forecasting
Figure 5 Market formulation & validation
Figure 6 Market driver relevance analysis (Current & future impact)
Figure 7 Market restraint relevance analysis (Current & future impact)
Figure 8 Market opportunity analysis (Current & future impact)
Figure 9 Market challenge analysis (Current & future impact)
Figure 10 Porter’s Five Forces analysis
Figure 11 SWOT analysis, by factor (political & legal, economic and technological)
Figure 12 Global empty IV bags market: Product movement analysis
Figure 13 Global empty IV bags market product outlook: Key takeaways
Figure 14 Global empty IV bags market, for PVC market, 2018-2030 (USD Million)
Figure 15 Global empty IV bags market, for Non-PVC market, 2018-2030 (USD Million)
Figure 16 Global empty IV bags market, for Single chamber market, 2018-2030 (USD Million)
Figure 17 Global empty IV bags market, for Multi chamber market, 2018-2030 (USD Million)
Figure 18 Global empty IV bags market, for Polypropylene market, 2018-2030 (USD Million)
Figure 19 Global empty IV bags market, for Copolyester ether market, 2018-2030 (USD Million)
Figure 20 Global empty IV bags market, for Ethylene-vinyl acetate market, 2018-2030 (USD Million)
Figure 21 Global empty IV bags market, for Others market, 2018-2030 (USD Million)
Figure 22 Regional outlook, 2023 & 2030
Figure 23 Regional market dashboard
Figure 24 Regional market place: Key takeaways
Figure 25 North America empty IV bags market, 2018-2030 (USD Million)
Figure 26 U.S. empty IV bags market, 2018-2030 (USD Million)
Figure 27 Canada empty IV bags market, 2018-2030 (USD Million)
Figure 28 Mexico empty IV bags market, 2018-2030 (USD Million)
Figure 29 Europe empty IV bags market, 2018-2030 (USD Million)
Figure 30 U.K. empty IV bags market, 2018-2030 (USD Million)
Figure 31 Germany empty IV bags market, 2018-2030 (USD Million)
Figure 32 France empty IV bags market, 2018-2030 (USD Million)
Figure 33 Italy empty IV bags market, 2018-2030 (USD Million)
Figure 34 Spain empty IV bags market, 2018-2030 (USD Million)
Figure 35 Denmark empty IV bags market, 2018-2030 (USD Million)
Figure 36 Sweden empty IV bags market, 2018-2030 (USD Million)
Figure 37 Norway empty IV bags market, 2018-2030 (USD Million)
Figure 38 Rest of Europe empty IV bags market, 2018-2030 (USD Million)
Figure 39 Asia Pacific empty IV bags market, 2018-2030 (USD Million)
Figure 40 Japan empty IV bags market, 2018-2030 (USD Million)
Figure 41 China empty IV bags market, 2018-2030 (USD Million)
Figure 42 South Korea empty IV bags market, 2018-2030 (USD Million)
Figure 43 Thailand empty IV bags market, 2018-2030 (USD Million)
Figure 44 Australia empty IV bags market, 2018-2030 (USD Million)
Figure 45 Rest of APAC empty IV bags market, 2018-2030 (USD Million)
Figure 46 India empty IV bags market, 2018-2030 (USD Million)
Figure 47 Latin America empty IV bags market, 2018-2030 (USD Million)
Figure 48 Brazil empty IV bags market, 2018-2030 (USD Million)
Figure 49 Argentina empty IV bags market, 2018-2030 (USD Million)
Figure 50 Rest of LATAM empty IV bags market, 2018-2030 (USD Million)
Figure 51 MEA empty IV bags market, 2018-2030 (USD Million)
Figure 52 South Africa empty IV bags market, 2018-2030 (USD Million)
Figure 53 Saudi Arabia empty IV bags market, 2018-2030 (USD Million)
Figure 54 UAE empty IV bags market, 2018-2030 (USD Million)
Figure 55 Kuwait empty IV bags market, 2018-2030 (USD Million)
Figure 56 Rest of MEA empty IV bags market, 2018-2030 (USD Million)
Figure 57 Company market share analysis, 2023
Figure 58 Market differentiators
Figure 59 Regional network map

Companies Mentioned

  • Baxter
  • B. Braun Medical Inc.
  • ICU MEDICAL, INC.
  • Wipak
  • RENOLIT SE
  • TECHNOFLEX
  • Sippex IV bags
  • JW Life science Corp
  • Fresenius Kabi AG
  • POLYCINE GmbH
  • BAUSCH Advanced Technology Group
  • BD

Methodology

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Table Information

Report AttributeDetails
No. of Pages250
PublishedJune 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 4.92 Billion
Forecasted Market Value ( USD ) by 2030 $ 8.76 Billion
Compound Annual Growth Rate8.7%
Regions CoveredGlobal
No. of Companies Mentioned12

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