- Single Chamber IV Bags
- Multi-Chamber IV Bags
IV Bags Market size was estimated at USD 2.6 billion in 2023 and is poised to grow at a CAGR of 10.2% from 2024-2030. IV bags are used in intravenous therapy to provide life-sustaining IV fluids, medications, and electrolytes to patients. In intravenous therapy liquid directly enters the vein and shows faster therapeutic action compared to oral therapy. Generally, polypropylene bags are used as IV bags due to their inert nature. The global IV bags market growing at a significant rate owing to an increase in the geriatric population leading to an increase in the prevalence of chronic diseases and the need for long-term treatment for these diseases. Most of the market players are actively involved in the development of newer products for intravenous therapy. Moreover, product approval, product launches, acquisitions and mergers, and collaborations are the key strategies adopted by the market players to dominate the IV bags market demand.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Rise in adoption of intravenous therapy, increase in the prevalence of chronic diseases, and rise in aging population are anticipated to fuel the IV bags market. Moreover, rise in awareness about advantages of intravenous therapy, affordability and availability, and growing demand for storage of blood and other blood products are anticipated to propel the IV bags market over the forecast timeframe. However, stringent regulatory policies, risk of infection and injuries to vein due to long-term administration of needle, improper monitoring of intravenous therapy, and alternatives for IV bags such as glass and plastic bottles may hamper the growth of IV bags market over the forecast timeframe.
The IV Bags Market size was estimated at USD 2.6 billion in 2023
ICU Medical, Inc., Medline Industries, Inc., Kraton Corporation, Braun Melsungen AG, Hospira Inc., Otsuka Pharmaceutical Co. Ltd.
Asia Pacific is the fastest-growing region for the IV Bags Market
1. Executive Summary |
2. Global IV Bags Market Introduction |
2.1.Global IV Bags Market - Taxonomy |
2.2.Global IV Bags Market - Definitions |
2.2.1.Product Type |
2.2.2.Material Type |
2.2.3.Size |
2.2.4.Application |
2.2.5.Region |
3. Global IV Bags Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global IV Bags Market Analysis, 2019-2023 and Forecast 2024-2030 |
4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global IV Bags Market By Product Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
5.1. Single Chamber IV Bags |
5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Multi-Chamber IV Bags |
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
6. Global IV Bags Market By Material Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
6.1. Polypropylene |
6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Polyvinylchloride (PVC) |
6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Ethylene Vinyl Acetate |
6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Copolyester Ether |
6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7. Global IV Bags Market By Size, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
7.1. 500-1000 ml |
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. 250-500 ml |
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Up to 250 ml |
7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
8. Global IV Bags Market By Application, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
8.1. Blood Storage |
8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Blood Transfusions |
8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Medications |
8.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Electrolyte Imbalance |
8.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
9. Global IV Bags Market By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
9.1. North America |
9.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia Pacific (APAC) |
9.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Middle East and Africa (MEA) |
9.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Latin America |
9.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
10. North America IV Bags Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
10.1. Product Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Single Chamber IV Bags |
10.1.2.Multi-Chamber IV Bags |
10.2. Material Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Polypropylene |
10.2.2.Polyvinylchloride (PVC) |
10.2.3.Ethylene Vinyl Acetate |
10.2.4.Copolyester Ether |
10.3. Size Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.500-1000 ml |
10.3.2.250-500 ml |
10.3.3.Up to 250 ml |
10.4. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Blood Storage |
10.4.2.Blood Transfusions |
10.4.3.Medications |
10.4.4.Electrolyte Imbalance |
10.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.5.1.United States of America (USA) |
10.5.2.Canada |
11. Europe IV Bags Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Single Chamber IV Bags |
11.1.2.Multi-Chamber IV Bags |
11.2. Material Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Polypropylene |
11.2.2.Polyvinylchloride (PVC) |
11.2.3.Ethylene Vinyl Acetate |
11.2.4.Copolyester Ether |
11.3. Size Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.500-1000 ml |
11.3.2.250-500 ml |
11.3.3.Up to 250 ml |
11.4. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.Blood Storage |
11.4.2.Blood Transfusions |
11.4.3.Medications |
11.4.4.Electrolyte Imbalance |
11.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.5.1.Germany |
11.5.2.France |
11.5.3.Italy |
11.5.4.United Kingdom (UK) |
11.5.5.Spain |
11.5.6.Rest of EU |
12. Asia Pacific (APAC) IV Bags Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Single Chamber IV Bags |
12.1.2.Multi-Chamber IV Bags |
12.2. Material Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Polypropylene |
12.2.2.Polyvinylchloride (PVC) |
12.2.3.Ethylene Vinyl Acetate |
12.2.4.Copolyester Ether |
12.3. Size Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.500-1000 ml |
12.3.2.250-500 ml |
12.3.3.Up to 250 ml |
12.4. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.Blood Storage |
12.4.2.Blood Transfusions |
12.4.3.Medications |
12.4.4.Electrolyte Imbalance |
12.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.5.1.China |
12.5.2.India |
12.5.3.Australia and New Zealand (ANZ) |
12.5.4.Japan |
12.5.5.Rest of APAC |
13. Middle East and Africa (MEA) IV Bags Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Single Chamber IV Bags |
13.1.2.Multi-Chamber IV Bags |
13.2. Material Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Polypropylene |
13.2.2.Polyvinylchloride (PVC) |
13.2.3.Ethylene Vinyl Acetate |
13.2.4.Copolyester Ether |
13.3. Size Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.500-1000 ml |
13.3.2.250-500 ml |
13.3.3.Up to 250 ml |
13.4. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Blood Storage |
13.4.2.Blood Transfusions |
13.4.3.Medications |
13.4.4.Electrolyte Imbalance |
13.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.5.1.GCC Countries |
13.5.2.South Africa |
13.5.3.Rest of MEA |
14. Latin America IV Bags Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
14.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.1.1.Single Chamber IV Bags |
14.1.2.Multi-Chamber IV Bags |
14.2. Material Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.2.1.Polypropylene |
14.2.2.Polyvinylchloride (PVC) |
14.2.3.Ethylene Vinyl Acetate |
14.2.4.Copolyester Ether |
14.3. Size Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.3.1.500-1000 ml |
14.3.2.250-500 ml |
14.3.3.Up to 250 ml |
14.4. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.4.1.Blood Storage |
14.4.2.Blood Transfusions |
14.4.3.Medications |
14.4.4.Electrolyte Imbalance |
14.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.5.1.Brazil |
14.5.2.Mexico |
14.5.3.Rest of LA |
15. Competition Landscape |
15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
15.2.1. ICU Medical, Inc. (U.S.) |
15.2.2. Medline Industries, Inc. (U.S.) |
15.2.3. Kraton Corporation (U.S.) |
15.2.4. Braun Melsungen AG (Germany) |
15.2.5. Hospira Inc. (Pfizer, Inc.) (U.S.) |
15.2.6. Otsuka Pharmaceutical Co. Ltd. (Japan) |
15.2.7. Haemotronic S.p.A (Italy) |
15.2.8. Wipak Group (Germany) |
15.2.9. Fresenius SE & Co. KGaA (Germany) |
15.2.10. Polycine GmbH (Germany) |
16. Research Methodology |
17. Appendix and Abbreviations |