The Global Pressure Infusion Bags Industry is on an impressive trajectory, with a robust Compound Annual Growth Rate (CAGR) of 6.5%. This Industry, valued at approximately US$ 318.6 million in 2022, is predicted to surge to US$ 494.5 million by 2029, as reported by FMI (Future Industry Insights).
The driving force behind this remarkable growth is the escalating demand for Pressure Infusion Bags, primarily for their rapid infusion capabilities of blood and medications, which play a pivotal role in safeguarding vital organs during high-stress medical situations.
The expanding healthcare sector and infrastructure developments in the Middle East & Africa (MEA) and Asia-Pacific regions present lucrative opportunities for Industry participants in the Pressure Infusion Bags industry. As the healthcare landscape evolves, manufacturers are expected to prioritize the development of cost-effective and user-friendly pressure infusion bags to meet the growing demand.
With the increasing adoption of these life-saving medical devices, the Pressure Infusion Bags Market is well-positioned for continued success, providing essential support to healthcare professionals and ensuring patient safety during critical interventions.
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South Asia Continues to Hold Lucrative Opportunities
In terms of value, North America and East Asia are projected to have considerable Industry shares. However, the South Asian Industry is expected to grow rapidly in the global Pressure Infusion Bags Market from 2022 to 2029.
This expansion is being pushed by the rapid growth and upgrading of healthcare facilities in South Asian countries such as India and ASEAN, particularly trauma care units, intensive care units, and ambulatory surgical centres. The economic conditions in these countries have improved, resulting in newer growth opportunities for Industry participants.
Macroeconomic factors such as a growing population, an increase in the number of immunocompromised patients, and an increase in the number of players, combined with a strong distribution network and rapid development in healthcare infrastructure, have piqued the interest of manufacturers in establishing a firm collaboration with local distributors in South Asia.
Hospitals and Outpatient Facilities Remain Key End Users for Pressure Infusion Bags
The global Industry of Pressure Infusion Bags has been segmented on the basis of different types of Pressure Infusion Bags products, their multiple applications, their volume capacity, their material, their targeted indications and regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East and Africa.
- The disposable type of Pressure Infusion Bags segment is predicted to dominate the worldwide Pressure Infusion Bags Industry in terms of value. This has significantly reduced the likelihood of cross-contamination during fluid infusion, ensuring patient safety.
- The blood and medicine infusion segment is predicted to account for the majority of the worldwide Pressure Infusion Bags Market value. The second application that accounts for the remaining Industry share is invasive pressure monitoring methods.
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Global Pressure Infusion Bags Industry: Vendor Insights
The report highlights some of the prominent Industry players, who have established themselves as leaders in the global Pressure Infusion Bags Industry. Some of the examples of key players in the global Pressure Infusion Bags Market are VBM Medizintechnik GmbH, ERKA, Smiths Medical (Smiths Group plc.), Friedrich Bosch GmbH & Co. KG, Biegler GmbH, SARSTEDT AG & Co. KG. Vyaire Medical Inc., Spengler SAS, Armstrong Medical, SunMed and Statcorp Medical
Global Pressure Infusion Bags Industry by Category
By Product:
- Reusable Pressure Infusion Bags
- Disposable Pressure Infusion Bags
By Material:
- Nylon
- Polyurethane
- Latex
- Others
By Capacity:
- 500cc
- 1000cc
- 3000cc
- Above 3000cc
By Application:
- Blood & Drug Infusion
- Invasive Pressure Monitoring Procedure
By Indications:
- Trauma-Induced Haemorrhage
- Obstetric Haemorrhage
- Coagulopathy during cardiopulmonary bypass
By End User:
- Hospitals
- Out-patient facilities
- Clinics
- Long-term care centers
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Key Questions Answered in the Report
- How much is the Pressure Infusion Bags Market currently worth?
- What is the sales forecast for Pressure Infusion Bags through 2029?
- What are the factors driving the demand outlook of the Global Pressure Infusion Bags?
- Which is the most lucrative Industry for Pressure Infusion Bags?
- How likely is the Pressure Infusion Bags Market to grow in India?
- What are key trends driving sales of Pressure Infusion Bags Industry?
- What are the key Industry statistics in Japan?
- What are the top 5 countries driving demand for Pressure Infusion Bags Markety?
- Which are the top 7 leading companies in Pressure Infusion Bags Industry?
Author
Sabyasachi Ghosh (Associate Vice President at Future Industry Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Industry Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Industry Insights (FMI)
Future Industry Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the Industry. FMI stands as the leading global provider of Industry intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals Industrys. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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