Medical Fluid Bags Market to grow at 7% CAGR from 2017 to 2024

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Medical Fluid Bags Market to surpass 4bn by
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Medical Fluid Bags Market

• Global Market Insights, Inc. says Medical Fluid
  Bags Market size is set to exceed USD 4 billion
  by 2024.
• Growing elderly population coupled with rising
  prevalence of age related disorders will drive
  medical fluid bags market size. Common geriatric
  problems such as loss of appetite and difficulty
  in swallowing will maintain the rising demand.
• Chronic disorders escalate the consequential
  demand for intravenous nutrition stimulating the
  medical fluid bags market growth over the
  forecast years.
• Rising number of surgical procedures should boost
  medical fluid bags market size. Increasing
  natality rates and spurring incidence of feeding
  intolerance among premature babies will stimulate
  demand for intravenous parenteral nutrition
  through these products.
• Presence of favorable reimbursement scenario and
  growing awareness should propel business growth.

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Continued...

• Increasing number of healthcare centers will
  further drive industry expansion.
• Highly fragmented nature of the medical fluid
  bags industry acts as an entry barrier for new
  players. Adverse impact of PVC used for
  manufacturing of medical fluid bags on the
  environment and human anatomy may impede business
  growth over the forecast years.
• Blood bags market demand is set to grow over the
  forecast years owing to rising public awareness
  regarding blood donations, escalating number of
  surgeries and medical emergency transfusions.
• Increasing number of hospitals, clinics and blood
  banks should accelerate the business growth.
• Breast milk bags are projected to witness fastest
  growth owing to increasing birth rate and rising
  number of working women. Several government
  initiatives promoting breast feeding should
  further stimulate breast milk bags demand.

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Continued...

• TPU medical fluid bags market growth estimation
  can be attributed to higher tensile strength and
  resistance to chemicals and abrasion.
• Thermoplastic elastomers are forecast to witness
  lucrative growth. Presence of significantly
  higher tear resistance and elongation with low
  density and weight as compared to traditional
  materials like PVC will escalate material demand.
• Hospitals are expected to dominate the overall
  revenue over the forecast years. Increasing
  prevalence of incontinence disorders rising
  number of surgeries and medical casualties will
  boost the segment growth.
• Germany medical fluid bags market accounted for
  the largest regional industry share and is
  anticipated to follow a similar trend over the
  forecast timeline.
• Some of the prominent industry players include B.
  Braun Medical, Fresenius Kabi, Maco Pharma,
  Thermo Fischer Scientific, Baxter International,
  Amcor, Eagle Flexible Packaging, KRaton
  Corporation, C. R. Bard.

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U.S. Medical Fluid Bags Market size, By Material,
2013-2024 (USD Million)

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