Market Overview

Global Empty IV Bag Market size was valued at USD 4.25 Billion in 2022 and is projected to reach USD 8.59 Billion growing at a CAGR of 9.2% during the forecast period 2022 to 2030.

IV bags, also called intravenous therapy bags, are used to keep patients from getting dehydrated and to keep their blood pressure steady. They are also used to give patients who have trouble eating medicine or nutritional vitamins. During the forecast period of 2022-2030, the market for empty IV bags is projected to grow by a lot. As more people learn about how good non-PVC IV bags are for the environment, the market for empty IV bags will go up. Malnutrition is becoming more common around the world, which is also driving up the demand for empty IV bags. This is happening at the same time that the government is doing more to help with healthcare and raise awareness.

Most PVC-free empty IV bags are made of Ethylene-Vinyl Acetate (EVA), layered polyethylene, or polypropylene, which are compatible with the drug solution and have a strong seal. Polypropylene-based bags made by Pactiv LLC are called Propyflex bags. They got the 2000 Medical Design Excellence Award from a program run by Canon Communications LLC.

Market Dynamics

Drivers: Increased instances of cancer

The fact that cancer is becoming more common is a big factor in this. In general, cancer makes it more likely that a person will need parenteral nutrition. This is because cancer can cause more gastric ulcers, problems with the normal gastrointestinal system, and physical blockages. Also, cancer treatment makes the body weaker and kills it by starving it of minerals. Anorexia, or losing weight without trying to, is another common sign of cancer that needs to be treated intravenously.

Ban on PVC IV bags has grown

In the past few years, there has been a big increase in demand for IV bags that are good for the environment. This is because most countries have banned the use of PVC IV bags because they are bad for the environment. The places that deal with gallbladder surgery, kidney stones, and intestinal infections use these IV bags the most. The world market for empty IV bags has grown because more people want IV bags that are good for the environment.

Policy for refunds

CMS and other government agencies have a lot of rules about how to pay for treatments that use IV bags. There are also plans in place in some countries to pay for treatments that use IV bags. These rules make more people buy IV bags all over the world, which makes the market for empty IV bags bigger.

Restraints/Challenges: The empty IV bag market faces challenges from the high costs of research and development in product production and the lack of infrastructure facilities. Plastic IV bags, which are one of the most basic and important tools in modern medicine, are being attacked in a way that could be dangerous to health. Sometimes, PVC bags and tubes can leak small amounts of plastic into the things you keep.

Opportunities: Favorable return rules in many countries are also likely to help growth. CMS pays for many surgeries and treatments that need an IV bag in the United States. In the same way, IV bag sales are expected to go up as different government agencies in different countries cover some parts of the treatment process. Cancer and other long-term diseases are becoming more common, which is good for the use of parenteral feeding in the United States.

Major Market Segments Covered 

On the basis of Types

PVC Empty IV Bags

In hospitals, empty PVC IV bags are used to catch and store blood or other liquids. Polyvinyl Chloride, or PVC, is a type of plastic that is often used to make medical tools and supplies. These bags are safe, strong, bendable, and light. They can be autoclaved and used again and again, which makes them cheaper than other options on the market.

Non-PVC Empty IV Bags

Empty IV bags that are not made of PVC are used to store and move fluids like saline or other liquids. They are made of polypropylene, polyethylene, and HDPE, among other things. The choice of material depends a lot on how well the bags need to work.

On the basis of Application

Hospital

In 2019, the hospital section was the most profitable part of the market. This is because infectious diseases like COVID-19 are becoming more common around the world. 

Clinic

Clinics are projected to grow faster than hospitals because more people are learning about preventive care and more people want diagnostic testing services. In the global market for empty IV bags, the other application segment is projected to grow at the fastest rate. This is because more advanced medical technologies like gene sequencing and artificial intelligence are being used.

On the basis of Chamber Type

Single Chamber

 Single Chamber IV bags brought in the most money, grew at a CAGR of 9.2% from 2022 to 2030, and are now expected to grow at a CAGR of 9.2% during the estimated period. Because they are used so often in IV drips and other ways, the single-chambered segment is projected to lead the non-PVC IV bag market around the world. The benefits of a single-chambered part are that it is easy to handle, move, and get rid of. Also, the market for single-chamber bags is growing because there are more point-of-care and home-care institutions.

Multi-chamber

Technoflex made multi-chamber bags out of a film made of polypropylene that blocks air very well. This property shields amino acids from oxidation, which is the main cause of their breakdown.

Regional Insights

Geographically The Empty IV Bag Market has been broken down into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. (MEA).

In 2018, North America had the biggest share, and this is likely to stay the case throughout the forecast period. Non-PVC bags are used a lot in the area because more people are using new medical technologies, there are more diseases, reimbursement policies are better, and more money is being spent on improving healthcare infrastructure. The growth of the regional market is likely to be helped by a growing number of older people, more people eating unhealthy foods, and a lack of knowledge.

During the forecast period, the Asia-Pacific market for empty IV bags is projected to grow the most quickly. This is because healthcare spending is going up, patients are becoming more aware of their health, and there is more demand for technologically advanced and cost-effective healthcare solutions. Also, people will need more special medical bags because the population is getting older quickly, there are more people with chronic diseases, and medical costs are going up. According to the 2014 Southeast Asia Regional Plan of Action and Goals (WHO) Burden of Noncommunicable Diseases (NCDs), about 7.9 million deaths in the area are caused by NCDs. People say that cardiovascular disease, diabetes, and cancer are also popular in the area.

Scope Of Report

Key Vendors

• Sippex IV Bag (U.S)
• Technoflex (Japan)
• Wipak Group (Germany)
• Baxter (U.S)
• B. Braun (Germany)
• ICU Medical, Inc. (U.S)
• POLYCINE GmbH (Germany)
• RENOLIT SE (Germany)
• Pfizer Inc. (U.S)
• West Pharmaceutical Services Inc. (U.S)
• Jinan Youlyy Industrial Co., Ltd. (China)
• Jiangsu Eyoung Medical Devices Co. Ltd. (China) and others.

• Sippex IV Bag (U.S)

SIPPEX is part of the Medippex group, which makes and designs medical bags and fittings.

The company makes flexible containers for infusion treatment, irrigation, and dialysis solutions, as well as packaging for culture media.

SIPPEX controls all the technologies in the production chain, from the raw materials to the finished products: small volume parenteral (SVP) and large volume parenteral. (LVP)

• Technoflex (Japan)

Technoflex (Japan) designs, makes, and sells long-lasting products like floor coverings for homes and temporary road safety signs. These products protect the integrity of the original installations while making everyday safety better and fitting perfectly into their working surroundings. With their knowledge and technology in post-consumer recycled products, Technoflex is always coming up with new ways to help their clients deal with new problems and make their lives easier.

• Wipak Group (Germany)

The Wipak Group is a family-owned business that specializes in sophisticated multilayer and high barrier films for food and medical products. It has become a market leader in Europe and Asia by continuing to invest in manufacturing capacity, new product development, design, and creating a service culture that is unmatched.

As a part of the Wihuri Group, a global trade conglomerate,  Wipak Group put a lot of stress on getting their customers involved in the innovation process and pack design from the start. They try to inspire them with solutions that are ahead of industry designs and set technological standards. With their cutting-edge technology, expert packing knowledge, and ongoing application support,the Wipak Group company can add a lot of value to our customers' products and help them really wow the end user.  

Together with their sister business in North America, Winpak, we offer a wide range of products and services to all major markets. This helps company's customers around the world save money, make product development easier, and combine packaging solutions.

• Baxter (U.S)

Baxter's diagnostic, critical care, nutrition, kidney care, hospital, and surgical goods and solutions are used by millions of patients, caregivers, and providers around the world every day. The company has been making a difference for 90 years at the place where innovations that save and support lives meet the healthcare providers who make clients happen. With products, therapies, and digital health solutions available in more than 100 countries, Baxter workers around the world are now building on the company's long history of medical breakthroughs to create the next generation of game-changing healthcare innovations.  

• B. Braun (Germany)

As one of the best medical technology companies in the world, B. Braun wants to protect and improve people's health all over the world.  B. Braun has changed health care for more than 180 years with our pioneering energy and innovative ideas.

The company has grown as a family-owned business since 1839. Even now, creativity is still the key to their success. Efficiency is the key to putting their energy where it will do the most good, and sustainability makes sure that business choices are made with future generations in mind.  B. Braun works to create an atmosphere where people depend on each other, take responsibility, and respect differences.

This is why B. Braun shares our knowledge. As a real partner, we make people's lives better by coming up with smart ideas. The company set expectations based on what they know and how well they understand things. With these skills and the power of technology, the company keeps pushing healthcare forward. 

Industry Developments

In February 2017, ICU Medical, Inc. bought the Hospira Infusion Systems (HIS) business from Pfizer, Inc. The IV solutions, pumps, and gadgets that HIS sells are part of its business. This purchase has helped the company improve its drip therapy business, which has increased its share of the global market.

 In April 2019, Scripps Health and ICU Medical, Inc. made a deal for Scripps Health to buy ICU Medical's IV consumables and solutions, as well as its ICU Medical MedNet IV drug safety software-based Plum 360 infusion system.

Market Segmentation

The Empty IV Bag Market is broken down by type, applications, and region.

On the basis of Types

• PVC Empty IV Bags
• Non-PVC Empty IV Bags

On the basis of Application

• Hospital
• Clinic

On the basis of Chamber Type

• Single Chamber
• Multi-chamber

Global Empty IV Bag Market Regional insights

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Conclusion

The study has a lot of information about new trends, market drivers, growth opportunities, and market restraints that can change how the industry's market works. It gives an in-depth look at each market segment, including goods, applications, and a look at the competition.

The study shows the market for empty IV bags from every angle, using both primary and secondary study. This helped us figure out how the market works right now, including the supply-and-demand gap, pricing trends, product preferences, customer habits, and so on. Primary research with experts in the field and opinion leaders from different countries confirmed the results even more. The data is then put together and checked using different methods for estimating the market and checking data. We also have our own model for predicting market growth up to 2030 based on our own data.

Empty IV Bag Market research report keeps a close eye on top competitors with strategic analysis, micro and macro market trends and scenarios, pricing analysis, and an overall view of the market situation in the forecast period. The report also looks at key players, important partnerships, mergers and acquisitions, as well as trends in innovation and business policies.