Global medical fluid bags market generated $3.5 billion in 2020, and is projected to reach $6.05 billion by 2030, witnessing a CAGR of 5.5% from 2021 to 2030.
PORTLAND, OREGON, UNITED STATES, November 25, 2021 /EINPresswire.com/ — According to the report by Allied Market Research, titled, "Medical Fluid Bag Market by Product (Reagents & Consumables, Instruments, and Software & Services), Technology (Microarray, Microfluidics, and Tissue Biochip), Application (Genomics & Proteomics, Diagnostics, and Others), and End User (Hospitals & Clinics, Diagnostic Centers, Academic & Research Institutes, and Others): Opportunity Analysis and Industry Forecast, 2021-2030". The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
The global medical fluid bags market generated $3.5 billion in 2020, and is projected to reach $6.05 billion by 2030, witnessing a CAGR of 5.5% from 2021 to 2030.
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Increase in incidence of chronic diseases, rise in geriatric population, and surge in number of premature births drive the growth of the global medical fluid bags market. However, health concerns associated with the use of BPA and DEHP medical bags restrain the market to some extent. On the other hand, increase in number of hospitals and growing pharmaceutical sector presents new opportunities in the upcoming years.
Comprehensive competitive analysis and profiles of major market players, such as
Amsino International Inc.
B. Braun Medical
Thermo Fisher Scientific Inc.
Westfield Medical Ltd.
Key Benefits For Stakeholders:
• The study provides an in-depth analysis of the Medical Fluid Bag Market along with the current trends and future estimations to elucidate the imminent investment pockets.
• It offers Medical Fluid Bag Market analysis from 2020 to 2030, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
• A comprehensive analysis of four regions is provided to determine the prevailing opportunities.
• The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global Medical Fluid Bag Market growth.
Based on product type, the intravenous bags segment held the highest market share in 2020, holding nearly half of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the dialysis segment is estimated to register the highest CAGR of 6.3% from 2021 to 2030.
Based on end user, the hospital segment held the largest market share in 2020, holding nearly half of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the blood banks segment is projected to register the highest CAGR of 5.4% from 2021 to 2030.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Source: EIN Presswire