The global IV infusion gravity bags market garnered a market value of USD 723.8 Million in 2022 and is expected to accumulate a market value of USD 1281.3 Million by registering a CAGR of 5.87% in the forecast period 2022 to 2032.
The growth of the IV infusion gravity bags market can be attributed to the increasing patient population along with the need for fluid transformation in the body. The market for IV infusion gravity bags registered a CAGR of 4.7% in the historical period 2016 to 2021.
Report Attribute | Details |
---|---|
Estimated Base Year Value (2021) | USD 684.15 Million |
Expected Market Value (2022) | USD 723.8 Million |
Anticipated Forecast Value (2032) | USD 1281.3 Million |
Projected Growth Rate (2022 to 2032) | 5.87% CAGR |
IV infusion gravity bags are adopted for transferring medication straight into the intravenous of the patient. IV infusion gravity bags are based on gravitational pull which provides external pressure on the liquid (high height is directly proportional to higher pressure). IV infusion gravity bags are used for the fast transport of liquid medication throughout the patient’s body.
IV infusion gravity bags are mainly accepted for their use in fluid replacement therapies such as dehydration, and electrolyte imbalance, and also for blood transfusion. IV infusion gravity bags range from 50ml to 1000ml. In addition, IV infusion gravity bags are kept at height by hanging through the IV pole.
The IV infusion gravity bags mainly comprise of following parts a drip chamber, roller clamp, slide clamp, and an injection port. The working of IV infusion gravity bags is based on gravitational pressure that pushes liquid medication down through tubing/pipe into the patient’s veins.
The IV infusion gravity bags market shows healthy growth during the forecast period. The factors such as the increasing number of chronic disorders and an increasing number of surgeries on the global level are driving the growth of the IV infusion gravity bags market.
The IV infusion gravity bags carry infusion material for delivery into the patient’s vein. The flow of medication through IV infusion gravity bags is controlled by using a roller clamp device located on the IV pole. IV infusion gravity bags show a high rate of penetration owing to use in home care settings. The increasing penetration and ease in availability through the e-commerce website are boosting the growth of the IV infusion gravity bags market.
In addition, increasing the prevalence of malnutrition and blood transfusion processes in emerging economies are also gardening the market growth of IV infusion gravity bags.
The lack of sophisticated healthcare infrastructure and scarcity of skilled professionals in developing and under-developed regions are hindering the growth of the IV infusion gravity bags market. In addition, improper usage of IV infusion gravity bags is reducing the trust of the people in the bag. In creating geographical regions, the latest IV infusion gravity bags aren’t being used in healthcare facilities, thus, reducing the overall progress of the market.
North America is projected to hold the largest share of IV infusion gravity bags in the global market owing to increasing surgical procedures in this region. In addition, the presence of sophisticated healthcare facilities, and the rising prevalence of chronic and acute disorders are also gardening the growth of the IV infusion gravity bags market in North America
Due to the aforementioned reasons, North America is expected to possess a 33.9% market share for the IV infusion gravity bags market in 2022.
Technological advancement in the healthcare sector in Europe is positively influencing the demand for IV infusion gravity bags. The increasing geriatric population pool in the region is another key factor driving the growth of the market. In addition, favorable government initiatives and insurance policies are promoting the growth of IV infusion gravity bags.
Owing to the reasons mentioned above, Europe is expected to hold a 26% market share for the IV infusion gravity bags market in 2022.
The market in Asia Pacific is anticipated to show the fastest CAGR over the forecast period owing to the presence of a large population base and an increasing number of hospitals and clinics. Moreover, the easy availability of IV infusion gravity bags is accelerating the market growth in the region. The increasing dominance of malnutrition in the Asia Pacific is increasing the demand for the IV infusion gravity bags market.
Asia Pacific is expected to procure a 22% market share for the IV infusion gravity bags market in 2022.
Key start-ups in the IV infusion gravity bags market are Shift Labs, 410 Medical, Navi Medical Technologies, Fosmo Med, Linear Health Services, and Lineus Medical
Some of the market participants in the global IV infusion gravity bags market are GVS, Sippex IV Bag, Kraton Corporation, ICU Medical, Inc., Baxter International Inc., Terumo BCT Ltd., The Metrix Company, Renolit, Technoflex, and Bioteque Corporation.
Report Attribute | Details |
---|---|
Market Value in 2022 | USD 723.8 Million |
Market Value in 2032 | USD 1281.3 Million |
Growth Rate | CAGR of 5.87% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2016 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Product Type, Application, Region |
Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East and Africa |
Key Countries Profiled | United States of America, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa |
Key Companies Profiled | Sippex IV Bag; GVS; Kraton Corporation; ICU Medical, Inc.; Baxter International Inc.; Terumo BCT Ltd.; The Metrix Company; Renolit; Technoflex; Bioteque Corporation. |
Customization | Available Upon Request |
Table 01: Global Market Value (US$ Million) Forecast by Region, 2016 to 2032
Table 02: Global Market Value (US$ Million) Forecast by Material Type, 2016 to 2032
Table 03: Global Market Value (US$ Million) Forecast by Layer Type, 2016 to 2032
Table 04: Global Market Value (US$ Million) Forecast by End User, 2016 to 2032
Table 05: North America Market Value (US$ Million) Forecast by Country, 2016 to 2032
Table 06: North America Market Value (US$ Million) Forecast by Material Type, 2016 to 2032
Table 07: North America Market Value (US$ Million) Forecast by Layer Type, 2016 to 2032
Table 08: North America Market Value (US$ Million) Forecast by End User, 2016 to 2032
Table 09: Latin America Market Value (US$ Million) Forecast by Country, 2016 to 2032
Table 10: Latin America Market Value (US$ Million) Forecast by Material Type, 2016 to 2032
Table 11: Latin America Market Value (US$ Million) Forecast by Layer Type, 2016 to 2032
Table 12: Latin America Market Value (US$ Million) Forecast by End User, 2016 to 2032
Table 13: Europe Market Value (US$ Million) Forecast by Country, 2016 to 2032
Table 14: Europe Market Value (US$ Million) Forecast by Material Type, 2016 to 2032
Table 15: Europe Market Value (US$ Million) Forecast by Layer Type, 2016 to 2032
Table 16: Europe Market Value (US$ Million) Forecast by End User, 2016 to 2032
Table 17: Asia Pacific Market Value (US$ Million) Forecast by Country, 2016 to 2032
Table 18: Asia Pacific Market Value (US$ Million) Forecast by Material Type, 2016 to 2032
Table 19: Asia Pacific Market Value (US$ Million) Forecast by Layer Type, 2016 to 2032
Table 20: Asia Pacific Market Value (US$ Million) Forecast by End User, 2016 to 2032
Table 21: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2016 to 2032
Table 22: Middle East and Africa Market Value (US$ Million) Forecast by Material Type, 2016 to 2032
Table 23: Middle East and Africa Market Value (US$ Million) Forecast by Layer Type, 2016 to 2032
Table 24: Middle East and Africa Market Value (US$ Million) Forecast by End User, 2016 to 2032
Figure 01: Global Market Value (US$ Million) by Material Type, 2022 to 2032
Figure 02: Global Market Value (US$ Million) by Layer Type, 2022 to 2032
Figure 03: Global Market Value (US$ Million) by End User, 2022 to 2032
Figure 04: Global Market Value (US$ Million) by Region, 2022 to 2032
Figure 05: Global Market Value (US$ Million) Analysis by Region, 2016 to 2032
Figure 06: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032
Figure 07: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032
Figure 08: Global Market Value (US$ Million) Analysis by Material Type, 2016 to 2032
Figure 09: Global Market Value Share (%) and BPS Analysis by Material Type, 2022 to 2032
Figure 10: Global Market Y-o-Y Growth (%) Projections by Material Type, 2022 to 2032
Figure 11: Global Market Value (US$ Million) Analysis by Layer Type, 2016 to 2032
Figure 12: Global Market Value Share (%) and BPS Analysis by Layer Type, 2022 to 2032
Figure 13: Global Market Y-o-Y Growth (%) Projections by Layer Type, 2022 to 2032
Figure 14: Global Market Value (US$ Million) Analysis by End User, 2016 to 2032
Figure 15: Global Market Value Share (%) and BPS Analysis by End User, 2022 to 2032
Figure 16: Global Market Y-o-Y Growth (%) Projections by End User, 2022 to 2032
Figure 17: Global Market Attractiveness by Material Type, 2022 to 2032
Figure 18: Global Market Attractiveness by Layer Type, 2022 to 2032
Figure 19: Global Market Attractiveness by End User, 2022 to 2032
Figure 20: Global Market Attractiveness by Region, 2022 to 2032
Figure 21: North America Market Value (US$ Million) by Material Type, 2022 to 2032
Figure 22: North America Market Value (US$ Million) by Layer Type, 2022 to 2032
Figure 23: North America Market Value (US$ Million) by End User, 2022 to 2032
Figure 24: North America Market Value (US$ Million) by Country, 2022 to 2032
Figure 25: North America Market Value (US$ Million) Analysis by Country, 2016 to 2032
Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 28: North America Market Value (US$ Million) Analysis by Material Type, 2016 to 2032
Figure 29: North America Market Value Share (%) and BPS Analysis by Material Type, 2022 to 2032
Figure 30: North America Market Y-o-Y Growth (%) Projections by Material Type, 2022 to 2032
Figure 31: North America Market Value (US$ Million) Analysis by Layer Type, 2016 to 2032
Figure 32: North America Market Value Share (%) and BPS Analysis by Layer Type, 2022 to 2032
Figure 33: North America Market Y-o-Y Growth (%) Projections by Layer Type, 2022 to 2032
Figure 34: North America Market Value (US$ Million) Analysis by End User, 2016 to 2032
Figure 35: North America Market Value Share (%) and BPS Analysis by End User, 2022 to 2032
Figure 36: North America Market Y-o-Y Growth (%) Projections by End User, 2022 to 2032
Figure 37: North America Market Attractiveness by Material Type, 2022 to 2032
Figure 38: North America Market Attractiveness by Layer Type, 2022 to 2032
Figure 39: North America Market Attractiveness by End User, 2022 to 2032
Figure 40: North America Market Attractiveness by Country, 2022 to 2032
Figure 41: Latin America Market Value (US$ Million) by Material Type, 2022 to 2032
Figure 42: Latin America Market Value (US$ Million) by Layer Type, 2022 to 2032
Figure 43: Latin America Market Value (US$ Million) by End User, 2022 to 2032
Figure 44: Latin America Market Value (US$ Million) by Country, 2022 to 2032
Figure 45: Latin America Market Value (US$ Million) Analysis by Country, 2016 to 2032
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 48: Latin America Market Value (US$ Million) Analysis by Material Type, 2016 to 2032
Figure 49: Latin America Market Value Share (%) and BPS Analysis by Material Type, 2022 to 2032
Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Material Type, 2022 to 2032
Figure 51: Latin America Market Value (US$ Million) Analysis by Layer Type, 2016 to 2032
Figure 52: Latin America Market Value Share (%) and BPS Analysis by Layer Type, 2022 to 2032
Figure 53: Latin America Market Y-o-Y Growth (%) Projections by Layer Type, 2022 to 2032
Figure 54: Latin America Market Value (US$ Million) Analysis by End User, 2016 to 2032
Figure 55: Latin America Market Value Share (%) and BPS Analysis by End User, 2022 to 2032
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by End User, 2022 to 2032
Figure 57: Latin America Market Attractiveness by Material Type, 2022 to 2032
Figure 58: Latin America Market Attractiveness by Layer Type, 2022 to 2032
Figure 59: Latin America Market Attractiveness by End User, 2022 to 2032
Figure 60: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 61: Europe Market Value (US$ Million) by Material Type, 2022 to 2032
Figure 62: Europe Market Value (US$ Million) by Layer Type, 2022 to 2032
Figure 63: Europe Market Value (US$ Million) by End User, 2022 to 2032
Figure 64: Europe Market Value (US$ Million) by Country, 2022 to 2032
Figure 65: Europe Market Value (US$ Million) Analysis by Country, 2016 to 2032
Figure 66: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 67: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 68: Europe Market Value (US$ Million) Analysis by Material Type, 2016 to 2032
Figure 69: Europe Market Value Share (%) and BPS Analysis by Material Type, 2022 to 2032
Figure 70: Europe Market Y-o-Y Growth (%) Projections by Material Type, 2022 to 2032
Figure 71: Europe Market Value (US$ Million) Analysis by Layer Type, 2016 to 2032
Figure 72: Europe Market Value Share (%) and BPS Analysis by Layer Type, 2022 to 2032
Figure 73: Europe Market Y-o-Y Growth (%) Projections by Layer Type, 2022 to 2032
Figure 74: Europe Market Value (US$ Million) Analysis by End User, 2016 to 2032
Figure 75: Europe Market Value Share (%) and BPS Analysis by End User, 2022 to 2032
Figure 76: Europe Market Y-o-Y Growth (%) Projections by End User, 2022 to 2032
Figure 77: Europe Market Attractiveness by Material Type, 2022 to 2032
Figure 78: Europe Market Attractiveness by Layer Type, 2022 to 2032
Figure 79: Europe Market Attractiveness by End User, 2022 to 2032
Figure 80: Europe Market Attractiveness by Country, 2022 to 2032
Figure 81: Asia Pacific Market Value (US$ Million) by Material Type, 2022 to 2032
Figure 82: Asia Pacific Market Value (US$ Million) by Layer Type, 2022 to 2032
Figure 83: Asia Pacific Market Value (US$ Million) by End User, 2022 to 2032
Figure 84: Asia Pacific Market Value (US$ Million) by Country, 2022 to 2032
Figure 85: Asia Pacific Market Value (US$ Million) Analysis by Country, 2016 to 2032
Figure 86: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 87: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 88: Asia Pacific Market Value (US$ Million) Analysis by Material Type, 2016 to 2032
Figure 89: Asia Pacific Market Value Share (%) and BPS Analysis by Material Type, 2022 to 2032
Figure 90: Asia Pacific Market Y-o-Y Growth (%) Projections by Material Type, 2022 to 2032
Figure 91: Asia Pacific Market Value (US$ Million) Analysis by Layer Type, 2016 to 2032
Figure 92: Asia Pacific Market Value Share (%) and BPS Analysis by Layer Type, 2022 to 2032
Figure 93: Asia Pacific Market Y-o-Y Growth (%) Projections by Layer Type, 2022 to 2032
Figure 94: Asia Pacific Market Value (US$ Million) Analysis by End User, 2016 to 2032
Figure 95: Asia Pacific Market Value Share (%) and BPS Analysis by End User, 2022 to 2032
Figure 96: Asia Pacific Market Y-o-Y Growth (%) Projections by End User, 2022 to 2032
Figure 97: Asia Pacific Market Attractiveness by Material Type, 2022 to 2032
Figure 98: Asia Pacific Market Attractiveness by Layer Type, 2022 to 2032
Figure 99: Asia Pacific Market Attractiveness by End User, 2022 to 2032
Figure 100: Asia Pacific Market Attractiveness by Country, 2022 to 2032
Figure 101: Middle East and Africa Market Value (US$ Million) by Material Type, 2022 to 2032
Figure 102: Middle East and Africa Market Value (US$ Million) by Layer Type, 2022 to 2032
Figure 103: Middle East and Africa Market Value (US$ Million) by End User, 2022 to 2032
Figure 104: Middle East and Africa Market Value (US$ Million) by Country, 2022 to 2032
Figure 105: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2016 to 2032
Figure 106: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 107: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 108: Middle East and Africa Market Value (US$ Million) Analysis by Material Type, 2016 to 2032
Figure 109: Middle East and Africa Market Value Share (%) and BPS Analysis by Material Type, 2022 to 2032
Figure 110: Middle East and Africa Market Y-o-Y Growth (%) Projections by Material Type, 2022 to 2032
Figure 111: Middle East and Africa Market Value (US$ Million) Analysis by Layer Type, 2016 to 2032
Figure 112: Middle East and Africa Market Value Share (%) and BPS Analysis by Layer Type, 2022 to 2032
Figure 113: Middle East and Africa Market Y-o-Y Growth (%) Projections by Layer Type, 2022 to 2032
Figure 114: Middle East and Africa Market Value (US$ Million) Analysis by End User, 2016 to 2032
Figure 115: Middle East and Africa Market Value Share (%) and BPS Analysis by End User, 2022 to 2032
Figure 116: Middle East and Africa Market Y-o-Y Growth (%) Projections by End User, 2022 to 2032
Figure 117: Middle East and Africa Market Attractiveness by Material Type, 2022 to 2032
Figure 118: Middle East and Africa Market Attractiveness by Layer Type, 2022 to 2032
Figure 119: Middle East and Africa Market Attractiveness by End User, 2022 to 2032
Figure 120: Middle East and Africa Market Attractiveness by Country, 2022 to 2032
FMI projects the global IV infusion gravity bags market to expand at a 5.87% value CAGR by 2032
North America is expected to possess a 33.9% market share for the IV infusion gravity bags market in 2022.
GVS, Sippex IV Bag, Kraton Corporation, ICU Medical, Inc., Baxter International Inc., Terumo BCT Ltd., The Metrix Company, Renolit, Technoflex, and Bioteque Corporation are some prominent IV infusion gravity bags manufacturers
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