The global Pressure Infusion Bags Industry exhibited remarkable growth, with a valuation of approximately US$ 318.6 million in 2022. The market is now poised to surge ahead, projected to reach a staggering US$ 494.5 million by 2029, demonstrating a substantial Compound Annual Growth Rate (CAGR) of 6.5%, according to a comprehensive analysis by Future Market Insights (FMI).
This unprecedented growth in the Pressure Infusion Bags market is attributed to the increased utilization of these advanced medical devices, primarily for the rapid infusion of blood and medications, offering critical protection against end-organ damage during high-stress situations.
The healthcare sector in the Middle East and Asia-Pacific regions has witnessed an expansive evolution, offering a fertile ground for market participants to capitalize on burgeoning opportunities. This expansion is further fueling the growth of the Pressure Infusion Bags market. Moreover, manufacturers are keenly focusing on developing cost-effective and user-friendly Pressure Infusion Bags, catering to the evolving needs of healthcare professionals and facilities.
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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 market shares. However, the South Asian market 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 market 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 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.
- The disposable type of Pressure Infusion Bags segment is predicted to dominate the worldwide Pressure Infusion Bags market 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 market share is invasive pressure monitoring methods.
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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 (FMI)
Future Market 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 market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. 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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