WILMINGTON, DE / ACCESSWIRE / October 13, 2022 / Transparency Market Research Inc. - IV bags are a key product segment in the field of parenteral packaging and are assisting in supplying plastic materials, needed for intravenous therapy at healthcare infrastructure units such as hospitals and clinics. Key factors behind the increasing demand for IV bags in parenteral packaging are ease of product availability and cost-effective nature.
Prominent IV bags market players are making huge investments in research and development undertakings such as establishing R&D centers that function to manufacture improved IV bags that would requirements of patients suffering from different diseases.
IV bags have also displayed high efficiency in the accurate delivery of medication to blood veins through the transfusion process. With healthcare facilities becoming accessible in remote locations, IV bags could witness increased demand during the assessment period, which could help grow the market.
New IV bags launch is helping leading players in generating large amounts of revenue and assisting the players in gaining an edge over competitors. Fagron Sterile Services launched a new PV-free, eco-friendly IV bag in 2021, which has proven effective in drug delivery.
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Key Findings of IV Bags Market Study
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IV Bags Market: Key Drivers
IV Bags Market: Key Players
Presence of several well-established market players has led to intense competition in global IV bags market. Intensity in global market could increase during the assessment period if new players enter the global IV bags market.
Signing collaborative agreements with smaller players is a growth strategy that is assisting prominent IV bags market players in expanding their presence in global market and improving their revenue.
Some of the leading players in global IV bags market include POLYCINE GmbH, ICU Medical, Inc., Baxter Co., Pfizer, West Pharmaceutical Services, Alfa Laboratories, Jiangsu Eyoung Medical Devices, Wipak, and Technoflex.
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The global IV bags market is segmented as follows:
Polypropylene Polyvinyl Chloride Polyethylene Others (Copolyester Ether & EVA)
0-250 ml 250-500 ml 500-1000ml Above 1000 ml
North America Latin America Europe South Asia East Asia Oceania Middle East & Africa (MEA)
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