Lewes, DE -- (SBWire) -- 10/26/2016 --Report forecast the global IV fluids bags market to grow at a CAGR of 10.16% during the period 2016-2020.
Intravenous solutions contain amino acids, dextrose, mineral salts, vitamins, and trace elements, and therefore cover the basic essential components (carbohydrates, proteins, fats, water, electrolytes, vitamins, and minerals) required to build tissue, for energy expenditure, and other physiological activities. A complete mixture of all vital nutrients is also available in multi-chamber bags, which are gaining immense popularity.
The report covers the present scenario and the growth prospects of the global IV fluids bags market 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of IV fluid bags.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, Driver observed in the market is increased risk of malnutrition among cancer patients. Nutrition plays a major role in several aspects of cancer development and eventual treatment. Malnutrition is a common problem in individuals with cancer, and is recognized as an important component for adverse consequences, including increased morbidity and mortality and decreased the quality of life. Weight loss has been identified as an indicator of poor prognosis in cancer patients. It has been noted that at the time of diagnosis, 60% of individuals with lung cancer and 80% of those with upper gastrointestinal cancer have already experienced significant weight loss, generally defined as at least a 10% loss of body weight in a span of six months.
Further, the report states that Challenge observed in the market is counterfeiting of IV fluid bags. Counterfeiting has become a major issue for most of the businesses globally. According to WHO, more than 8% of all the medical devices and related products circulated worldwide are counterfeited. Counterfeiting not only results in major losses for the company but also destroys the brand image of the products. The increasing cases of counterfeit products being supplied in the market has led to a concern among the consumers and the governing authorities around the world. The South East Asian markets have more reports of counterfeit products being sold compared to any other market for fluid bags.
Global Intravenous Fluids Bags Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global IV fluids bags market: B. Braun Melsungen, Baxter, Hospira, and SIPPEX.
Other prominent vendors in the market are: Amcor, DiaMedicalUSA, Fresenius Kabi, JW Life Science, MRK Healthcare, Minigrip, Nipro, Renolit, Smith Medical, Terumo, Technoflex SA, and Wipak.
Market driver
- Increased risk of malnutrition among cancer patients
- For a full, detailed list, view our report
Market challenge
- Concerns over use of plastic IV fluid bags
- For a full, detailed list, view our report
Market trend
- Popularity of IV vitamin C therapy in cancer treatment
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 66 pages and 30 Exhibits "Global Intravenous Fluids Bags Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Geographical segmentation, End-user segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
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