The global IV infusion gravity bags market garnered a market value of USD 723.8 Million in 2022 and is expected to accumulate a market value of USD 1281.3 Million by registering a CAGR of 5.87% in the forecast period 2022 to 2032.
The growth of the IV infusion gravity bags market can be attributed to the increasing patient population along with the need for fluid transformation in the body. The market for IV infusion gravity bags registered a CAGR of 4.7% in the historical period 2016 to 2021.
| Report Attribute | Details |
|---|---|
| Estimated Base Year Value (2021) | USD 684.15 Million |
| Expected Market Value (2022) | USD 723.8 Million |
| Anticipated Forecast Value (2032) | USD 1281.3 Million |
| Projected Growth Rate (2022 to 2032) | 5.87% CAGR |
IV infusion gravity bags are adopted for transferring medication straight into the intravenous of the patient. IV infusion gravity bags are based on gravitational pull which provides external pressure on the liquid (high height is directly proportional to higher pressure). IV infusion gravity bags are used for the fast transport of liquid medication throughout the patient’s body.
IV infusion gravity bags are mainly accepted for their use in fluid replacement therapies such as dehydration, and electrolyte imbalance, and also for blood transfusion. IV infusion gravity bags range from 50ml to 1000ml. In addition, IV infusion gravity bags are kept at height by hanging through the IV pole.
The IV infusion gravity bags mainly comprise of following parts a drip chamber, roller clamp, slide clamp, and an injection port. The working of IV infusion gravity bags is based on gravitational pressure that pushes liquid medication down through tubing/pipe into the patient’s veins.
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The IV infusion gravity bags market shows healthy growth during the forecast period. The factors such as the increasing number of chronic disorders and an increasing number of surgeries on the global level are driving the growth of the IV infusion gravity bags market.
The IV infusion gravity bags carry infusion material for delivery into the patient’s vein. The flow of medication through IV infusion gravity bags is controlled by using a roller clamp device located on the IV pole. IV infusion gravity bags show a high rate of penetration owing to use in home care settings. The increasing penetration and ease in availability through the e-commerce website are boosting the growth of the IV infusion gravity bags market.
In addition, increasing the prevalence of malnutrition and blood transfusion processes in emerging economies are also gardening the market growth of IV infusion gravity bags.
The lack of sophisticated healthcare infrastructure and scarcity of skilled professionals in developing and under-developed regions are hindering the growth of the IV infusion gravity bags market. In addition, improper usage of IV infusion gravity bags is reducing the trust of the people in the bag. In creating geographical regions, the latest IV infusion gravity bags aren’t being used in healthcare facilities, thus, reducing the overall progress of the market.
North America is projected to hold the largest share of IV infusion gravity bags in the global market owing to increasing surgical procedures in this region. In addition, the presence of sophisticated healthcare facilities, and the rising prevalence of chronic and acute disorders are also gardening the growth of the IV infusion gravity bags market in North America
Due to the aforementioned reasons, North America is expected to possess a 33.9% market share for the IV infusion gravity bags market in 2022.
Technological advancement in the healthcare sector in Europe is positively influencing the demand for IV infusion gravity bags. The increasing geriatric population pool in the region is another key factor driving the growth of the market. In addition, favorable government initiatives and insurance policies are promoting the growth of IV infusion gravity bags.
Owing to the reasons mentioned above, Europe is expected to hold a 26% market share for the IV infusion gravity bags market in 2022.
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The market in Asia Pacific is anticipated to show the fastest CAGR over the forecast period owing to the presence of a large population base and an increasing number of hospitals and clinics. Moreover, the easy availability of IV infusion gravity bags is accelerating the market growth in the region. The increasing dominance of malnutrition in the Asia Pacific is increasing the demand for the IV infusion gravity bags market.
Asia Pacific is expected to procure a 22% market share for the IV infusion gravity bags market in 2022.
Key start-ups in the IV infusion gravity bags market are Shift Labs, 410 Medical, Navi Medical Technologies, Fosmo Med, Linear Health Services, and Lineus Medical
Some of the market participants in the global IV infusion gravity bags market are GVS, Sippex IV Bag, Kraton Corporation, ICU Medical, Inc., Baxter International Inc., Terumo BCT Ltd., The Metrix Company, Renolit, Technoflex, and Bioteque Corporation.
| Report Attribute | Details |
|---|---|
| Market Value in 2022 | USD 723.8 Million |
| Market Value in 2032 | USD 1281.3 Million |
| Growth Rate | CAGR of 5.87% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2016 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Product Type, Application, Region |
| Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East and Africa |
| Key Countries Profiled | United States of America, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa |
| Key Companies Profiled | Sippex IV Bag; GVS; Kraton Corporation; ICU Medical, Inc.; Baxter International Inc.; Terumo BCT Ltd.; The Metrix Company; Renolit; Technoflex; Bioteque Corporation. |
| Customization | Available Upon Request |
FMI projects the global IV infusion gravity bags market to expand at a 5.87% value CAGR by 2032
North America is expected to possess a 33.9% market share for the IV infusion gravity bags market in 2022.
GVS, Sippex IV Bag, Kraton Corporation, ICU Medical, Inc., Baxter International Inc., Terumo BCT Ltd., The Metrix Company, Renolit, Technoflex, and Bioteque Corporation are some prominent IV infusion gravity bags manufacturers
| Estimated Size, 2025 | USD 388.2 million |
|---|---|
| Projected Size, 2035 | USD 707.7 million |
| Value-based CAGR (2025 to 2035) | 6.2% |
| Estimated Size, 2025 | USD 5,065.8 million |
|---|---|
| Projected Size, 2035 | USD 10,463.8 million |
| Value-based CAGR (2025 to 2035) | 7.5% |
| Estimated Market Size in 2024 | USD 350.8 million |
|---|---|
| Projected Industry Value in 2034 | USD 610.7 million |
| Value-based CAGR (2024 to 2034) | 5.7% |
| Market Valuation (2023) | USD 8,862.8 million |
|---|---|
| Market Valuation (2033) | USD 16,536.9 million |
| Market CAGR (2023 to 2033) | 6.4% |
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IV Infusion Gravity Bags Market
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