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Pressure Infusion Bags Market by Type and Geography - Forecast and Analysis 2022-2026

  • Published: Nov 2021
  • Pages: 120
  • SKU: IRTNTR71599
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The pressure infusion bags market share is expected to increase by USD 2.63 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.97%.

This pressure infusion bags market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers pressure infusion bags market segmentation by type (disposable and reusable) and geography (North America, Asia, Europe, and ROW). The pressure infusion bags market report also offers information on several market vendors, including ASP Global, ERKA. Kallmeyer Medizintechnik GmbH & Co. KG, Friedrich Bosch GmbH and Co. KG, Merit Medical Systems Inc., SARSTEDT AG & Co. KG, SCW Medicath Ltd., Smiths Group Plc, SunMed LLC, TG Eakin Ltd., and Vyaire Medical Inc. among others.

What will the Pressure Infusion Bags Market Size be During the Forecast Period?

Pressure Infusion Bags Market Size

Download the Free Report Sample to Unlock the Pressure Infusion Bags Market Size for the Forecast Period and Other Important Statistics

 

Pressure Infusion Bags Market: Key Drivers and Challenges

The rising R&D investments in advanced products are notably driving the pressure infusion bags market growth, although factors such as risks associated with the use of pressure infusion bags may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the pressure infusion bags industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Pressure Infusion Bags Market Driver

One of the key factors driving growth in the pressure infusion bags market is the rising R&D investments in advanced products. Vendors are offering pressure infusion bags with new technologies, owing to the technological developments and increased investments in R&D facilities. For instance, Sunmed LLC (Sunmed) offers Infu-Surg pressure infusion bag. With its adaptable character, this pressure infusion bag is simple and reliable to use. Rising developments and investments in advanced pressure infusion bags with this feature are increasing the number of product offerings, thereby driving the growth of the global market. Another key technological advance in the market is the availability of pressure infusion bags with RFID tags. RFID-tagged blood bags are also trending in the market, owing to their increased benefits and value-added features. The profit margins of vendors in the market are increasing with the increased adoption rates and the bulk procurement of products through tender-based sales.

Key Pressure Infusion Bags Market Challenge

The risks associated with the use of pressure infusion bags will be a major challenge for the pressure infusion bags market. Some risks associated with the use of pressure infusion bags include infections; bleeding; phlebitis, which is inflammation in the veins; occlusions; air embolism; infiltration; hematoma; and the collapsing of veins due to the attachment of the needle to the patient for long periods. Pressure infusion bags that are made of PVC contain DEHP chemicals, which can leach out through the IV fluid solution and cause damage to the liver, kidneys, lungs, and reproductive system. The disposal of PVC pressure infusion bags is another concern, as it has an adverse impact on the environment due to the release of harmful gases. The inaccurate monitoring of IV fluid in IV fluid bags while injecting intravenously to the patient causes a nutrient imbalance in patients. The inappropriate reprocessing and use of reusable pressure infusion bags cause health-related issues. Thus, the risks associated with the use of pressure infusion bags affect the growth of the market.

This pressure infusion bags market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Pressure Infusion Bags Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • ASP Global
  • ERKA. Kallmeyer Medizintechnik GmbH & Co. KG
  • Friedrich Bosch GmbH and Co. KG
  • Merit Medical Systems Inc.
  • SARSTEDT AG & Co. KG
  • SCW Medicath Ltd.
  • Smiths Group Plc
  • SunMed LLC
  • TG Eakin Ltd.
  • Vyaire Medical Inc.

 

This statistical study of the pressure infusion bags market encompasses successful business strategies deployed by the key vendors. The pressure infusion bags market is fragmented and the vendors are deploying growth strategies such as focusing on product innovation and increasing the existing product capabilities to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The pressure infusion bags market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Pressure Infusion Bags Market?

Pressure Infusion Bags Market Market segmentation by region

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39% of the market's growth will originate from Asia during the forecast period. China and India are the key markets for pressure infusion bags in Asia. Market growth in this region will be faster than the growth of the market in the European and North American regions.

The presence of a large patient pool, the increasing aging population, and the rising prevalence of chronic diseases will facilitate the pressure infusion bags market growth in Asia over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Type Segments in the Pressure Infusion Bags Market?

Pressure Infusion Bags Market Segmentation

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The pressure infusion bags market share growth by the disposable segment will be significant during the forecast period. The disposable segment is expected to drive the growth of the global pressure infusion bag market in terms of value. Disposable pressure infusion bags are mainly used to avoid and reduce the risk of cross-contamination during fluid infusion, as well as to safeguard the safety of the patient. Thus, the increasing adoption of disposable pressure infusion bags will lead to market growth.

This report provides an accurate prediction of the contribution of all the segments to the growth of the pressure infusion bags market size and actionable market insights on post COVID-19 impact on each segment.

 

Pressure Infusion Bags Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.97%

Market growth 2022-2026

$ 2.63 billion

Market structure

Fragmented

YoY growth (%)

5.36

Regional analysis

North America, Asia, Europe, and ROW

Performing market contribution

Asia at 39%

Key consumer countries

US, China, India, Germany, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

ASP Global, ERKA. Kallmeyer Medizintechnik GmbH & Co. KG, Friedrich Bosch GmbH and Co. KG, Merit Medical Systems Inc., SARSTEDT AG & Co. KG, SCW Medicath Ltd., Smiths Group Plc, SunMed LLC, TG Eakin Ltd., and Vyaire Medical Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Pressure Infusion Bags Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive pressure infusion bags market growth during the next five years
  • Precise estimation of the pressure infusion bags market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the pressure infusion bags industry across North America, Asia, Europe, and ROW
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of pressure infusion bags market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Disposable - Market size and forecast 2021-2026
    • Reusable - Market size and forecast 2021-2026
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2021-2026
      • Asia - Market size and forecast 2021-2026
      • Europe - Market size and forecast 2021-2026
      • ROW - Market size and forecast 2021-2026
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • ASP Global
      • ERKA. Kallmeyer Medizintechnik GmbH & Co. KG
      • Friedrich Bosch GmbH and Co. KG
      • Merit Medical Systems Inc.
      • SARSTEDT AG & Co. KG
      • SCW Medicath Ltd.
      • Smiths Group Plc
      • SunMed LLC
      • TG Eakin Ltd.
      • Vyaire Medical Inc.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
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      Pressure Infusion Bags market growth will increase by $2635.55 million during 2021-2026.
      The pressure infusion bags market is expected to grow at a CAGR of 5.97% during 2021-2026.
      Technavio has segmented the pressure infusion bags market by type (Disposable and Reusable) and geographic (North America, Asia, Europe, and ROW).
      ASP Global, ERKA. Kallmeyer Medizintechnik GmbH & Co. KG, Friedrich Bosch GmbH and Co. KG, Merit Medical Systems Inc., SARSTEDT AG & Co. KG, SCW Medicath Ltd., Smiths Group Plc, SunMed LLC, TG Eakin Ltd., Vyaire Medical Inc. are a few of the key vendors in the pressure infusion bags market.
      Asia will register the highest growth rate of 38.63% among the other regions. Therefore, the pressure infusion bags market in Asia is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the pressure infusion bags market growth are:
      • Rising R&D investments in advanced products
      The pressure infusion bags market vendors should focus on grabbing business opportunities from the disposable segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
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      • Covid-19 impact and recovery analysis
      • Data on revenue-generating market segments
      • Details on the market shares of various regions
      • Five-force market analysis

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