Fluids Overwrapping Bags Market Predicted to Witness Surge in the Near Future 2017 - 2025

Veröffentlicht von: Future Market Insights
Veröffentlicht am: 13.11.2017 06:33
Rubrik: Industrie & Handwerk


(Presseportal openBroadcast) - Intravenous/Infusion therapy is a therapy that carries liquid ingredients such as IV fluids directly into a vein of a patient to deliver medications. The IV fluids are personalized as per body needs and are thus used to replace body’s lost fluids such as salts, sugars, fats, and other vital substances essential for human body. Infusion therapy has become increasingly complex mainly due to the need for heightened safety with the introduction of new drugs, specialization of infusion protocols such as antibiotic therapy, chemotherapy, etc.

Thus a novel flexible infusion bag called as fluids overwrapping fulfills the requirements of evolving infusion therapy. Fluids overwrapping bag are manufactured from PVC-free materials such as aluminum foil, PP, Nylon, EVOH, etc. without any use of adhesives or latex. Fluids overwrapping bags are also in great demand in case of critical healthcare applications such as blood transfusion, dialysis fluids, parental nutrition, etc.

Fluids Overwrapping Bags Market: Drivers & Restraints

Fluids overwrapping bags provides the utmost protection of IV fluids from moisture, dust, etc. avoiding contamination during their storage, transportation, and handling which in turns pushes the demand for fluids overwrapping bags over the forecast period. Manufacturers, distributors, and suppliers of medical devices have voiced their inclination towards fluids overwrapping bags over alternative containers available in the market as they provide longer shelf-life with contamination-free storage, etc. Moreover, the cases of Infusion therapy, blood transfusion, dialysis, etc. has also grown over last few years, especially in developing economies. This has increased the demand for fluids overwrapping bags and has driven the fluids overwrapping market over the forecast period. Also, fluids overwrapping bags are highly compatibility in terms of drug storage thus fueling the demand for fluids overwrapping bags market.  However, initial capital investment incurred by key players in manufacturing of fluids overwrapping bags is likely to hamper the fluids overwrapping bags market. Also, with use of high-barrier films in the manufacturing of fluids overwrapping bags, leads to difficulties in recyclability of product.

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Fluids Overwrapping Bags Market: Segmentation

Based on various parameters, global fluids overwrapping bags market can be segmented into various segments such as

Based on material type, global fluids overwrapping bags market can be segmented as

Polypropylene (PP)
Nylon
Aluminum foil laminates
Polyester
EVOH
Other
Based on the form of fluids to be packed in bag, global fluids overwrapping bags market can be segmented as

Colloids
Crystalloids
Blood and blood products
Oxygen-carrying solutions.
Based on end use application, global fluids overwrapping bags market can be segmented as

Intravenous (IV) Infusion solutions
Parenteral nutrition solutions
Dialysis fluids
others
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Fluids Overwrapping Bags Market: Regional Overview

Geographically, the global fluids overwrapping bags market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

Fluids overwrapping bags market is directly influenced by the continuous growth in demand for critical medicinal products applied in the healthcare industry. In the near future, a sizable economic growth is expected in the developing economies like India, China, ASEAN etc. Growing demand of fluids overwrapping bags in the packaging of Intravenous (IV) fluids is likely to drive the overall growth in the fluids overwrapping bags market in the Asia-Pacific region. Thus, Asia-Pacific region is expected to dominate the fluids overwrapping bags market over the forecast period. On the other hand, Europe and North America regions are likely to account for higher market share in terms of medicinal devices packaging and are likely to show a steady rate of growth in fluids overwrapping bags market during the forecast period. However, in Middle-East & Africa, and Latin America region, the fluids overwrapping bags market is projected to witness impressive growth owing to rise in urbanization coupled with growing health awareness over the forecast period. 

Overall, global fluids overwrapping bags market is anticipated to grow at a healthy CAGR over the forecast period.

Fluids Overwrapping Bags Market: Key Players

Some key players that currently operate in fluids overwrapping bags market across the globe are Amcor Limited, Wipak B.V., Fresenius Kabi Group, Renolit SE., Vioser SA, and many more.

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