Global Medical Fluid Bags Market Expected to Reach USD 4.91 Billion by 2026

04-Sep-2020 | Facts and Factors

Findings from Facts and Factors report “Medical Fluid Bags Market by Product Type (Intravenous Bags, Blood Bags, Enema Bags, Reagent Bag, Drain Bags, Biohazard Disposable Bag, Dialysis Bags, Breast Milk Bag, and Others), By End-User (Blood Banks, Clinics & Hospitals, Diagnostic Centers, Homecare Settings, and Others) and Regions: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global medical fluid bags market in 2019 was approximately USD 3.17 Billion. The market is expected to grow at a CAGR of 6.45% and is anticipated to reach around USD 4.91 Billion by 2026.

Global Medical Fluid Bags Market Size

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Medical fluid bags are specially designed bags that are used in a variety of medical areas, such as blood storage, sterile packaging, urine collection, enteral feeding, and others. Medical fluid bags are polymer bags and fluid container bags for a wide range of medical applications. Health fluid bags are sold in various sizes with a plastic exterior covering. Also, ongoing COVID-19 pandemic has positive impact on the demand patterns in the global medical fluid bags industry.

Browse the full Medical Fluid Bags Market by Product Type (Intravenous Bags, Blood Bags, Enema Bags, Reagent Bag, Drain Bags, Biohazard Disposable Bag, Dialysis Bags, Breast Milk Bag, and Others), by End-User (Blood Banks, Clinics & Hospitals, Diagnostic Centers, Homecare Settings, and Others) and Regions: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” https://www.fnfresearch.com/medical-fluid-bags-market-by-product-type-intravenous-1276

Increasing prevalence of chronic diseases across the globe is major factor driving growth of the global medical fluid bags market. Additionally, increasing geriatric population, coupled with increasing incidences of gastrointestinal disorders worldwide are executed to propel target market growth in the next 10 years. However, the stringent government regulations associated with the use of plastic is key factor predictable to hinder growth of the global market to certain extent over the forecast period.

The global medical fluid bags market is segmented on the basis of product type and end user. On the basis of product type the global fluid bags market is divided into intravenous bags, blood bags, enema bags, reagent bag, drain bags, biohazard disposable bag, dialysis bags, breast milk bag, and others. Also based upon end user segment the global market is divide into blood banks, clinics & hospitals, diagnostic centers, homecare settings, and others end users.

Based upon the region the global market has been categorized as North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. Europe is expected to dominate in the global market in terms of revenue as compared to that of markets in other regions during the forecast period 2020-2026. This is attributed to favorable reimbursement policies and huge geriatric patient pool in the countries in the region. Asia Pacific is anticipated to grow at significant CAGR in the near future. The growth in the Asia Pacific countries is presence of a favorable business environment in the countries of the Asia Pacific.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 3.17 Billion

Projected Market Size in 2026

USD 4.91 Billion

Growth Rate

CAGR 6.45%

Base Year

2019

Forecast Years

2020–2026

Key Market Players

Fresenius Kabi AG, Baxter, Convatec Inc., Kawasumi Laboratories Inc., Kraton Corporation, Sippex IV Bag, Pall Corporation, Wipak, McKesson Medical-Surgical Inc, Renolit and Others

Key Segment

By Product Type, By End-User and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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Key players operating in the medical fluid bags market not restricted to include Fresenius Kabi AG, Baxter, Convatec Inc., Kawasumi Laboratories Inc., Kraton Corporation, Sippex IV Bag, Pall Corporation, Wipak, McKesson Medical-Surgical Inc., and Renolit. Key operating players in the global medical fluid bags market are aiming towards the mergers and acquisitions in order to get competitive edge in the market. 

This report segments the medical fluid bags market as follows:

Global Medical Fluid Bags Market: By Product Type

  • Intravenous Bags
  • Blood Bags
  • Enema Bags
  • Reagent Bag
  • Drain Bags
  • Biohazard Disposable Bag
  • Dialysis Bags
  • Breast Milk Bag
  • Others

Global Medical Fluid Bags Market: By End User

  • Blood Banks
  • Clinics & Hospitals
  • Diagnostic Centres
  • Homecare Settings
  • Others

Global Medical Fluid Bags Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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