Empty Intravenous (IV) Bags Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Major Innovations Are Driving the Accelerated Growth of the Empty Intravenous (IV) Bags Market?
The growth of the empty intravenous (IV) bag market is predicted to be powered by the increasing count of surgical operations. Surgical operations, which are medical procedures involving invasive techniques to treat health issues, injuries, or abnormalities, are growing due to advancements in medical technology, an aging population, the commonness of chronic diseases, enhanced healthcare accessibility, and patient needs and expectations. Empty IV bags are essential in surgeries for supplying crucial fluids, medications, blood products, and anesthesia. For example, the National Healthcare Statistics, a US government agency, reported that in February 2024, in 2022, cataract surgery was the most frequently performed surgery, with a total of 39,347 cases, 98.3% of which were outpatient procedures. It was followed by 20,537 C-sections and 12,830 hip replacements, which were primarily inpatient procedures. Therefore, the increasing count of surgical procedures is fueling the expansion of the empty IV bag market.
Empty Intravenous (IV) Bags Market Driver: Growth of the Empty Intravenous (IV) Bags Market Energized by Chronic Diseases
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#How Will the CAGR of the Empty Intravenous (IV) Bags Market Influence Its Overall Growth by 2034?
The market for empty intravenous (IV) bags has seen a quick expansion in the past few years. It’s projected to increase from $6.36 billion in 2024 to $7.2 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 13.3%. The earlier growth phase can be linked to the rising instances of chronic illnesses, heightened demand for IV therapies, an increase in the elderly populace, enhancements in healthcare facilities, and the broadening of hospital and clinic services.
The market size for empty intravenous (IV) bags is projected to undergo substantial growth in the coming years, expanding to $11.75 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 13.0%. The driving force behind this accelerated growth during the forecasted period is the burgeoning home healthcare market, the rising prevalence of malnutrition, an increased demand for personalized medicine, the broadening reach of healthcare services in emerging markets, and a surge in surgical procedures. The forecasted period is also likely to see prominent trends such as the rise of intelligent IV bags enhanced with sensors, environmentally friendly biodegradable IV bags, enhanced sterility and reduction of contamination, the application of advanced manufacturing techniques, and improved EHR integration.
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What Are the Most Significant Market Trends Transforming the Empty Intravenous (IV) Bags Market?
Leading businesses in the Empty intravenous (IV) bags market are concentrating on enhancing IV bag recycling. They are achieving this by formulating sustainable methods for gathering, processing, and reutilising, with the ultimate aim of lessening ecological damage and fostering circular economy procedures within the medical field. Improving IV bag recycling encompasses improving the systems and processes for recycling used IV bags, typically made from plastic substances like polyvinyl chloride (PVC) or other recyclable polymers. To give an example, Baxter International Inc., a US-based healthcare service provider, launched the inaugural IV bag recycling pilot program in the United States in December 2023. This was achieved in cooperation with Northwestern Medicine and aims to deal with the environmental damage caused by disposable plastic IV bags, which are usually thrown away in landfills post usage.
What Are the Top Market Players Propelling the Growth of theEmpty Intravenous (IV) Bags Industry?
Major companies operating in the empty intravenous (IV) bags market are Pfizer Inc., Fresenius Medical Care AG KGaA, Becton Dickinson and Company, Amcor LLC, Baxter International Inc., Grifols S.A., Hospira Inc., Nipro Corporation, B. Braun Medical Inc., ICU Medical Inc., RENOLIT Healthcare, Kiefel GmbH, Medisca Inc., Bioteque Corporation, BAUSCH Advanced Technology Group, Jorgensen Laboratories LLC, Technoflex, Sippex IV bags, AdvaCare Pharma Limited, Tacy Medical Inc., Polycine GmbH, JW Life Science Corp, Mitra Industries Private Limited
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Which Primary Segments of the Empty Intravenous (IV) Bags Market Are Driving Growth and Industry Transformations?
The empty intravenous (IV) bags market covered in this report is segmented –
1) By Product: Polyvinyl Chloride, Non-Polyvinyl Chloride
2) By Type: Single Chamber, Multi-Chamber
3) By Material: Polypropylene, Polyester Ether, Ethylene Vinyl Acetate (EVA), Other Materials
4) By Capacity: 50 ML – 100 ML, 100 ML – 250 ML, 250 ML – 500 ML, Above 500 ML
5) By Application: Hospital, Clinic, Other Applications
Subsegments:
1) By Polyvinyl Chloride (PVC): Flexible PVC IV Bags, Rigid PVC IV Bags
2) By Non-Polyvinyl Chloride (Non-PVC): Ethylene Vinyl Acetate (EVA) IV Bags, Other Non-PVC Materials
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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Empty Intravenous (IV) Bags Market?# Market?
North America was the largest region in the empty intravenous (IV) bags market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the empty intravenous (IV) bags market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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