Technology News & Trends

IV Bags Market: Introduction According to the latest market report published by Transparency Market Research titled “ IV Bags Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2020–2027 ,” single chamber IV bags segment is expected to be the largest contributor to the growth of the global  IV bags market  during the forecast period. Globally, the revenue generated from sales of IV bags in global market has been estimated to be ~ US$ 1.6 Bn  in  2020 , and is projected to increase at a CAGR of  5%  during forecast period  2020-2027. IV bags are an ideal means for the transportation of nutrients and other nutritious compounds for patients who cannot ingest anything through the oral route of administration. IV bags mare made of plastic films and produced in a variety of capacities such as 0-250 ml, 250-500 ml, 500-1,000 ml, and above 1,000 ml. IV bags have emerged as a crucial element of growth for the parenteral n...

The global market for IV bags features a largely fragmented and competitive vendor landscape owing to the presence of a large number of companies, observes Transparency Market Research in a recent report. Companies keen on expanding their consumer bases and gaining a larger hold on the market are focused on geographical expansion, strategic collaborations with promising regional companies, and R&D activities aimed at the development of new and more reliable product varieties. Focus on the development of products made from environment friendly and biologically harmless materials has also increased as stringent environment-protection and patient safety norms keep rising in numbers across the globe. Some of the leading companies in the market are Haemotronic S.p.A, B.Braun Melsungen AG, Wipak Group, Baxter international Inc., Sippex, Renolit Solmed, and West Pharmaceutical Services Inc. According to the report, the global IV bags market is expected to exhibit a promising 5....