The growing need for efficient fluid delivery in hospitals is driving significant expansion in the Pressure Infusion Bags Market. According to Future Market Insights (FMI), the market size was valued at around USD 318.6 million in 2022 and is predicted to reach a substantial USD 494.5 million by 2029. This translates to a steady growth trajectory with a CAGR (Compound Annual Growth Rate) of 6.5%.
This growth is majorly driven by the increasing use of pressure infusion bags for rapid infusion of blood and drugs, 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 has been developing positively, thereby creating newer growth opportunities for the market players.
Macroeconomic factors such as a growing population, increasing immunosuppressed patient population, and increase in the number of players along with a strong distribution network and rapid development in the healthcare infrastructure have attracted the attention of manufacturers 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 based on different types of pressure infusion bag 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 in avoiding and minimizing chances of cross-contamination during fluid infusion and ensures patient safety
- Based on application, the blood and drug infusion segment is expected to consume the majority share of the global pressure infusion bags market value. Invasive Pressure monitoring procedures are the second application that accounts for the remaining market share.
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
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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
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 the key trends driving sales of the Pressure Infusion Bags Market?
- What are the key market statistics in Japan?
- What are the top 5 countries driving demand for the pressure infusion bags industry?
- Which are the top 7 leading companies in the Pressure Infusion Bags Market?
Author
Sabyasachi Ghosh (Associate Vice President at Future Market 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 Market 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 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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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