According to Future Market Insights (FMI), the Global Pressure Infusion Bags Market size was valued at around US$ 318.6 Million in 2022 and is predicted to reach US$ 494.5 Million by 2029, at a CAGR of 6.5%
This growth is majorly driven by the increasing use of pressure infusion bags for rapid infusion of blood and drugs, in order to protect the end organ damage during traumatic conditions.
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The overall progress of the healthcare sector and infrastructure in MEA and Asia-Pacific are likely to unfold lucrative opportunities for market players operating in the pressure infusion bags market. In addition, manufacturers are expected to primarily focus on developing cost-effective and user-friendly bags in the coming years.
South Asia Continues to Hold Lucrative Opportunities
Regions such as North America and East Asia are expected to hold prominent market shares in terms of value. However, the South Asia market is expected to project lucrative growth in the global pressure infusion bags market over the forecast period of 2022 to 2029.
This growth is propelled by the rapid growth and development of healthcare infrastructure, especially trauma care units, intensive care units and ambulatory surgical centers in countries of South Asia that include India and ASEAN countries. The economic condition of these countries have been developing positively, thereby creating newer growth opportunities for the market players.
Macroeconomic factors such as growing population, increasing immunosuppressed patient population, and increase in the number of players along with strong distribution network and rapid development in the healthcare infrastructure have attracted the attention of manufactures to establish a firm collaboration with local distributors in South Asia.
Hospitals and Outpatient Facilities Remain Key End Users for Pressure Infusion Bags
The global market 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.
- By type, the disposable type of pressure infusion bags segment is expected to hold prominent value shares of the global pressure infusion bags market. This has majorly resulted to avoid and minimizing chances of cross contamination during fluid infusion and ensures the patient safety
- On the basis of application, the blood and drug infusion segment is expected to consume majority share of the global pressure infusion bags market value. Invasive Pressure monitoring procedures is the second application which account the remaining market share.
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Pressure Infusion Bags Market: Vendor Insights
The report highlights some of the prominent market players, who have established themselves as leaders in the global pressure infusion bags market. 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
Pressure Infusion Bags Market 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 market 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 Market?
- What are the key market statistics in Japan?
- What are the top 5 countries driving demand for pressure infusion bags industry?
- Which are the top 7 leading companies in Pressure Infusion Bags Market?
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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