Global Empty IV Bags Market Size, Share & Industry Trends Analysis Report By Product (PVC and Non-PVC (Single Chamber and Multi Chamber)), By Regional Outlook and Forecast, 2022 - 2028
The Global Empty IV Bags Market size is expected to reach $6.7 billion by 2028, rising at a market growth of 7.8% CAGR during the forecast period.
An intravenous (IV) bag that has been emptied is a sterile container that may be used for the storage and transportation of intravenous fluids or other drugs. It is often constructed of plastic or paper and has a valve that enables fluid or medicine to be infused into the bloodstream of the patient.
Empty intravenous (IV) bags are medical devices that are designed for the transfer and mixing of pharmaceuticals. They are also used for the intravenous administration of solutions via the use of a spike port. In most cases, the gadgets in question do not have a tamper-proof function. The FDA has given its approval to attachments for these devices that are designed to create a tamper-proof closure for intravenous bags.
IV bags are exclusively used in medical environments that need a prescription, such as hospitals and other medical institutions that provide inpatient and outpatient care. PVC-made empty IV bags pose a threat to both human health and the environment as a result of phthalates leaking from medical equipment, as was the conclusion of extensive studies conducted in the area of medicine. In addition, the combustion method for disposing of PVC materials leads to the generation of the harmful gas hydrogen chloride (HCL).
This adds even more to the problem of acid rain. The medical profession has the potential to make substantial headway in protecting the health and safety of the world's patient population if they switch to using empty IV bags that do not contain PVC. These kinds of elements are projected to propel the usage of non-PVC empty IV bags, which will, in turn, contribute to the expansion of the market.
COVID-19 Impact Analysis
The pandemic caused by COVID-19 has presented the healthcare sector on a global scale with a variety of difficult issues. Patients suffering from a wide range of illnesses have less access to proper medical facilities as a result of restrictions placed on medical service provision. On the other hand, the spike in hospital admission rates that has been attributed to COVID-19 has resulted in an increase in the demand for intravenous bags that are used in IV treatment across all hospital settings worldwide. As a result, even after the pandemic has been contained, it is anticipated that the market will see the growth that is both considerable and ongoing.
Market Growth Factors
An increasing number of reported instances of cancer
According to the World Health Organization (WHO), cancer is the second biggest cause of death worldwide. In 2018, an estimated 9.6 million people died from cancer, making it the cause of one out of every six fatalities. It is anticipated that the predominance will increase even more in the years to come. Cancer, in general, leads to a rise in the prevalence of stomach ulcers, interruptions in the normal operation of the gastrointestinal system, and the creation of physical obstructions; all of these factors contribute to an increased requirement for parenteral nourishment.
Prohibition of the use of iv bags made of PVC boosts the rate of growth
The vinyl chloride monomer (VCM) and ethylene dichloride that go into the production of PVC are the two main ingredients (EDC). VCM is a strong carcinogen. Dioxin is produced during the manufacturing of EDC, which is neurotoxic. The employees at the PVC factory and the communities that surround it suffer from elevated incidences of cancer and other ailments as a direct consequence of this. The market for empty IV bags has seen growth as a result of the rising demand for IV bags that are beneficial to the environment.
Market Restraining Factors
The Potential for Adverse Consequences from IV Treatment
Even while vitamin IV therapies have significant risks, the majority of those negatives may be mitigated if they are administered under the supervision of a trained medical expert who adheres to prudent safety policy. Infusions of vitamin IV might provide a few difficulties at times. If certified medical experts are not accessible to deliver the therapy, it must be done so in a hospital setting. It's possible that having excessive amounts of some vitamins in your body might be harmful. For instance, consuming an excessive amount of vitamin A might result in adverse consequences ranging from headaches and dizziness to even death in the most difficult situations.
Product Outlook
Based on product, the market for empty IV bags are classified into PVC and non-PVC. The non-PVC segment represented a significant revenue portion of the overall market in 2021. It is anticipated that there will be a rise in demand for materials that do not contain PVC because of the growing need for non-toxic IV containers and the rigorous law that prohibits the use of PVC. These bags help reduce the risks that are associated with traditional PVC empty IV bags, including the difficulties associated with transportation and the interaction between drug packaging material and disposable containers.
Regional Outlook
Based on region, the empty IV bags market is categorized into North America, Europe, Asia Pacific, and LAMEA. North America was the leading region in the market for empty IV bags in 2021, accounting for the highest revenue share. One of the elements that is contributing to the increased acceptance of empty IV bags in the area is the ease of access to healthcare technology. Another aspect contributing to this adoption is the development of strong distribution channels. It is anticipated that factors such as a high illness incidence, supportive reimbursement policies, and an established regulatory framework would all contribute to an increase in the use of empty IV bags in the area.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Baxter International, Inc., B. Braun Medical Inc., ICU Medical, Inc., Becton, Dickinson and Company, Fresenius SE & Co. KGaA, Wipak Oy (Wihuri Group), Renolit SE, Technoflex, Medippex Group, and Polycine GmbH.
Scope of the Study
Market Segments covered in the Report:
By Product
- PVC
- Non-PVC
- Non-PVC Type
Multi Chamber
- Non-PVC Materia Type
Copolyester ether
Ethylene-vinyl acetate
Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
- Baxter International, Inc.
- B. Braun Medical Inc.
- ICU Medical, Inc.
- Becton, Dickinson and Company
- Fresenius SE & Co. KGaA
- Wipak Oy (Wihuri Group)
- Renolit SE
- Technoflex
- Medippex Group
- Polycine GmbH
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Global Empty IV Bags Market, by Product
- 1.4.2 Global Empty IV Bags Market, by Geography
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Global Empty IV Bags Market by Product
- 3.1 Global PVC Market by Region
- 3.2 Global Non-PVC Market by Region
- 3.3 Global Empty IV Bags Market by Non-PVC Type
- 3.3.1 Global Single Chamber Market by Region
- 3.3.2 Global Multi Chamber Market by Region
- 3.4 Global Empty IV Bags Market by Non-PVC Material
- 3.4.1 Global Polypropylene Market by Region
- 3.4.2 Global Copolyester ether Market by Region
- 3.4.3 Global Ethylene-vinyl acetate Market by Region
- 3.4.4 Global Others Market by Region
- Chapter 4. Global Empty IV Bags Market by Region
- 4.1 North America Empty IV Bags Market
- 4.1.1 North America Empty IV Bags Market by Product
- 4.1.1.1 North America PVC Market by Country
- 4.1.1.2 North America Non-PVC Market by Country
- 4.1.1.3 North America Empty IV Bags Market by Non-PVC Type
- 4.1.1.3.1 North America Single Chamber Market by Country
- 4.1.1.3.2 North America Multi Chamber Market by Country
- 4.1.1.4 North America Empty IV Bags Market by Non-PVC Material
- 4.1.1.4.1 North America Polypropylene Market by Country
- 4.1.1.4.2 North America Copolyester ether Market by Country
- 4.1.1.4.3 North America Ethylene-vinyl acetate Market by Country
- 4.1.1.4.4 North America Others Market by Country
- 4.1.2 North America Empty IV Bags Market by Country
- 4.1.2.1 US Empty IV Bags Market
- 4.1.2.1.1 US Empty IV Bags Market by Product
- 4.1.2.1.1.1 US Empty IV Bags Market by Non-PVC Type
- 4.1.2.1.1.2 US Empty IV Bags Market by Non-PVC Material
- 4.1.2.2 Canada Empty IV Bags Market
- 4.1.2.2.1 Canada Empty IV Bags Market by Product
- 4.1.2.2.1.1 Canada Empty IV Bags Market by Non-PVC Type
- 4.1.2.2.1.2 Canada Empty IV Bags Market by Non-PVC Material
- 4.1.2.3 Mexico Empty IV Bags Market
- 4.1.2.3.1 Mexico Empty IV Bags Market by Product
- 4.1.2.3.1.1 Mexico Empty IV Bags Market by Non-PVC Type
- 4.1.2.3.1.2 Mexico Empty IV Bags Market by Non-PVC Material
- 4.1.2.4 Rest of North America Empty IV Bags Market
- 4.1.2.4.1 Rest of North America Empty IV Bags Market by Product
- 4.1.2.4.1.1 Rest of North America Empty IV Bags Market by Non-PVC Type
- 4.1.2.4.1.2 Rest of North America Empty IV Bags Market by Non-PVC Material
- 4.2 Europe Empty IV Bags Market
- 4.2.1 Europe Empty IV Bags Market by Product
- 4.2.1.1 Europe PVC Market by Country
- 4.2.1.2 Europe Non-PVC Market by Country
- 4.2.1.3 Europe Empty IV Bags Market by Non-PVC Type
- 4.2.1.3.1 Europe Single Chamber Market by Country
- 4.2.1.3.2 Europe Multi Chamber Market by Country
- 4.2.1.4 Europe Empty IV Bags Market by Non-PVC Material
- 4.2.1.4.1 Europe Polypropylene Market by Country
- 4.2.1.4.2 Europe Copolyester ether Market by Country
- 4.2.1.4.3 Europe Ethylene-vinyl acetate Market by Country
- 4.2.1.4.4 Europe Others Market by Country
- 4.2.2 Europe Empty IV Bags Market by Country
- 4.2.2.1 Germany Empty IV Bags Market
- 4.2.2.1.1 Germany Empty IV Bags Market by Product
- 4.2.2.1.1.1 Germany Empty IV Bags Market by Non-PVC Type
- 4.2.2.1.1.2 Germany Empty IV Bags Market by Non-PVC Material
- 4.2.2.2 UK Empty IV Bags Market
- 4.2.2.2.1 UK Empty IV Bags Market by Product
- 4.2.2.2.1.1 UK Empty IV Bags Market by Non-PVC Type
- 4.2.2.2.1.2 UK Empty IV Bags Market by Non-PVC Material
- 4.2.2.3 France Empty IV Bags Market
- 4.2.2.3.1 France Empty IV Bags Market by Product
- 4.2.2.3.1.1 France Empty IV Bags Market by Non-PVC Type
- 4.2.2.3.1.2 France Empty IV Bags Market by Non-PVC Material
- 4.2.2.4 Russia Empty IV Bags Market
- 4.2.2.4.1 Russia Empty IV Bags Market by Product
- 4.2.2.4.1.1 Russia Empty IV Bags Market by Non-PVC Type
- 4.2.2.4.1.2 Russia Empty IV Bags Market by Non-PVC Material
- 4.2.2.5 Spain Empty IV Bags Market
- 4.2.2.5.1 Spain Empty IV Bags Market by Product
- 4.2.2.5.1.1 Spain Empty IV Bags Market by Non-PVC Type
- 4.2.2.5.1.2 Spain Empty IV Bags Market by Non-PVC Material
- 4.2.2.6 Italy Empty IV Bags Market
- 4.2.2.6.1 Italy Empty IV Bags Market by Product
- 4.2.2.6.1.1 Italy Empty IV Bags Market by Non-PVC Type
- 4.2.2.6.1.2 Italy Empty IV Bags Market by Non-PVC Material
- 4.2.2.7 Rest of Europe Empty IV Bags Market
- 4.2.2.7.1 Rest of Europe Empty IV Bags Market by Product
- 4.2.2.7.1.1 Rest of Europe Empty IV Bags Market by Non-PVC Type
- 4.2.2.7.1.2 Rest of Europe Empty IV Bags Market by Non-PVC Material
- 4.3 Asia Pacific Empty IV Bags Market
- 4.3.1 Asia Pacific Empty IV Bags Market by Product
- 4.3.1.1 Asia Pacific PVC Market by Country
- 4.3.1.2 Asia Pacific Non-PVC Market by Country
- 4.3.1.3 Asia Pacific Empty IV Bags Market by Non-PVC Type
- 4.3.1.3.1 Asia Pacific Single Chamber Market by Country
- 4.3.1.3.2 Asia Pacific Multi Chamber Market by Country
- 4.3.1.4 Asia Pacific Empty IV Bags Market by Non-PVC Material
- 4.3.1.4.1 Asia Pacific Polypropylene Market by Country
- 4.3.1.4.2 Asia Pacific Copolyester ether Market by Country
- 4.3.1.4.3 Asia Pacific Ethylene-vinyl acetate Market by Country
- 4.3.1.4.4 Asia Pacific Others Market by Country
- 4.3.2 Asia Pacific Empty IV Bags Market by Country
- 4.3.2.1 China Empty IV Bags Market
- 4.3.2.1.1 China Empty IV Bags Market by Product
- 4.3.2.1.1.1 China Empty IV Bags Market by Non-PVC Type
- 4.3.2.1.1.2 China Empty IV Bags Market by Non-PVC Material
- 4.3.2.2 Japan Empty IV Bags Market
- 4.3.2.2.1 Japan Empty IV Bags Market by Product
- 4.3.2.2.1.1 Japan Empty IV Bags Market by Non-PVC Type
- 4.3.2.2.1.2 Japan Empty IV Bags Market by Non-PVC Material
- 4.3.2.3 India Empty IV Bags Market
- 4.3.2.3.1 India Empty IV Bags Market by Product
- 4.3.2.3.1.1 India Empty IV Bags Market by Non-PVC Type
- 4.3.2.3.1.2 India Empty IV Bags Market by Non-PVC Material
- 4.3.2.4 South Korea Empty IV Bags Market
- 4.3.2.4.1 South Korea Empty IV Bags Market by Product
- 4.3.2.4.1.1 South Korea Empty IV Bags Market by Non-PVC Type
- 4.3.2.4.1.2 South Korea Empty IV Bags Market by Non-PVC Material
- 4.3.2.5 Singapore Empty IV Bags Market
- 4.3.2.5.1 Singapore Empty IV Bags Market by Product
- 4.3.2.5.1.1 Singapore Empty IV Bags Market by Non-PVC Type
- 4.3.2.5.1.2 Singapore Empty IV Bags Market by Non-PVC Material
- 4.3.2.6 Malaysia Empty IV Bags Market
- 4.3.2.6.1 Malaysia Empty IV Bags Market by Product
- 4.3.2.6.1.1 Malaysia Empty IV Bags Market by Non-PVC Type
- 4.3.2.6.1.2 Malaysia Empty IV Bags Market by Non-PVC Material
- 4.3.2.7 Rest of Asia Pacific Empty IV Bags Market
- 4.3.2.7.1 Rest of Asia Pacific Empty IV Bags Market by Product
- 4.3.2.7.1.1 Rest of Asia Pacific Empty IV Bags Market by Non-PVC Type
- 4.3.2.7.1.2 Rest of Asia Pacific Empty IV Bags Market by Non-PVC Material
- 4.4 LAMEA Empty IV Bags Market
- 4.4.1 LAMEA Empty IV Bags Market by Product
- 4.4.1.1 LAMEA PVC Market by Country
- 4.4.1.2 LAMEA Non-PVC Market by Country
- 4.4.1.3 LAMEA Empty IV Bags Market by Non-PVC Type
- 4.4.1.3.1 LAMEA Single Chamber Market by Country
- 4.4.1.3.2 LAMEA Multi Chamber Market by Country
- 4.4.1.4 LAMEA Empty IV Bags Market by Non-PVC Material
- 4.4.1.4.1 LAMEA Polypropylene Market by Country
- 4.4.1.4.2 LAMEA Copolyester ether Market by Country
- 4.4.1.4.3 LAMEA Ethylene-vinyl acetate Market by Country
- 4.4.1.4.4 LAMEA Others Market by Country
- 4.4.2 LAMEA Empty IV Bags Market by Country
- 4.4.2.1 Brazil Empty IV Bags Market
- 4.4.2.1.1 Brazil Empty IV Bags Market by Product
- 4.4.2.1.1.1 Brazil Empty IV Bags Market by Non-PVC Type
- 4.4.2.1.1.2 Brazil Empty IV Bags Market by Non-PVC Material
- 4.4.2.2 Argentina Empty IV Bags Market
- 4.4.2.2.1 Argentina Empty IV Bags Market by Product
- 4.4.2.2.1.1 Argentina Empty IV Bags Market by Non-PVC Type
- 4.4.2.2.1.2 Argentina Empty IV Bags Market by Non-PVC Material
- 4.4.2.3 UAE Empty IV Bags Market
- 4.4.2.3.1 UAE Empty IV Bags Market by Product
- 4.4.2.3.1.1 UAE Empty IV Bags Market by Non-PVC Type
- 4.4.2.3.1.2 UAE Empty IV Bags Market by Non-PVC Material
- 4.4.2.4 Saudi Arabia Empty IV Bags Market
- 4.4.2.4.1 Saudi Arabia Empty IV Bags Market by Product
- 4.4.2.4.1.1 Saudi Arabia Empty IV Bags Market by Non-PVC Type
- 4.4.2.4.1.2 Saudi Arabia Empty IV Bags Market by Non-PVC Material
- 4.4.2.5 South Africa Empty IV Bags Market
- 4.4.2.5.1 South Africa Empty IV Bags Market by Product
- 4.4.2.5.1.1 South Africa Empty IV Bags Market by Non-PVC Type
- 4.4.2.5.1.2 South Africa Empty IV Bags Market by Non-PVC Material
- 4.4.2.6 Nigeria Empty IV Bags Market
- 4.4.2.6.1 Nigeria Empty IV Bags Market by Product
- 4.4.2.6.1.1 Nigeria Empty IV Bags Market by Non-PVC Type
- 4.4.2.6.1.2 Nigeria Empty IV Bags Market by Non-PVC Material
- 4.4.2.7 Rest of LAMEA Empty IV Bags Market
- 4.4.2.7.1 Rest of LAMEA Empty IV Bags Market by Product
- 4.4.2.7.1.1 Rest of LAMEA Empty IV Bags Market by Non-PVC Type
- 4.4.2.7.1.2 Rest of LAMEA Empty IV Bags Market by Non-PVC Material
- Chapter 5. Company Profiles
- 5.1 Baxter International, Inc.
- 5.1.1 Company Overview
- 5.1.2 Financial Analysis
- 5.1.3 Segmental Analysis
- 5.1.4 Research & Development Expense
- 5.2 B. Braun Melsungen AG
- 5.2.1 Company Overview
- 5.2.2 Financial Analysis
- 5.2.3 Segmental and Regional Analysis
- 5.2.4 Research & Development Expenses
- 5.2.5 Recent strategies and developments:
- 5.2.5.1 Trials and Approvals:
- 5.3 ICU Medical, Inc.
- 5.3.1 Company Overview
- 5.3.2 Financial Analysis
- 5.3.3 Regional Analysis
- 5.3.4 Research & Development Expenses
- 5.3.5 Recent strategies and developments:
- 5.3.5.1 Partnerships, Collaborations, and Agreements:
- 5.4 Becton, Dickinson and Company
- 5.4.1 Company Overview
- 5.4.2 Financial Analysis
- 5.4.3 Segmental and Regional Analysis
- 5.4.4 Research & Development Expense
- 5.5 Fresenius SE & Co. KGaA
- 5.5.1 Company Overview
- 5.5.2 Financial Analysis
- 5.5.3 Segmental and Regional Analysis
- 5.5.4 Research & Development Expenses
- 5.6 Wipak Oy (Wihuri Group)
- 5.6.1 Company Overview
- 5.7 Renolit SE
- 5.7.1 Company Overview
- 5.8 Technoflex
- 5.8.1 Company Overview
- 5.9 Medippex Group
- 5.9.1 Company Overview
- 5.10. Polycine GmbH
- 5.10.1 Company Overview
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook