Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the Global Sterile IV Containers Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 9.6% during the review period (2022 to 2027).
Global Sterile IV Containers Market overview
Sterile IV containers are widely used commonly in the health care industry. Since they prevent thirst, maintain gore pressure and give nutrition to patients when they cannot eat. The design of sterile IV containers prevents it from collapsing reducing the risk of air embolism. Sterile IV containers guarantee the integrity of the containers.
Increasing spending on healthcare and rising throwaway income is expected to fuel the market request for sterile IV containers. Safe and hygienic medication has augmented demand for packaging solutions, which are efficient and reliable. Features such as availability of IV containers in various sizes, shapes and shapes are likely to augment the market demand for sterile IV containers. Technical developments and progressions in the manufacturing of sterile IV containers and sustainable raw materials are likely to boost the market demand for sterile IV containers.
The sterile packaging market witnessed immense growth in 2021 on the back of growing sales of various medicinal products to curb the spread of COVID-19. Future Market Insights forestalls that the sterile packaging revenues will rise at an imposing rate, creating an incremental opportunity of US$ 54.0 Mn by 2032.
Who are the Prime Players in Sterile IV Containers Market?
The Global Sterile IV Containers Market includes identification and analysis of the various market participants competing in the global market. Prime competitors include Becton, Dickinson and Company, Berry Global Inc., Amcor Plc, BillerudKorsnas AB, Placon Corporation Inc, Wipak Group, ProAmpac LLC, SteriPack Group, Nelipak Corporation, Puracon GmbH, Oliver Healthcare Packaging, LLC, Westfield Medical Ltd, GS Medical Packaging Inc, Sonoco Products Company, West Pharmaceutical Services, Inc.
Industry News and Updates:
ProAmpac Presents ProActive Sustainability® at SPC ENGAGE Montreal with Product Display and Panel Discussion
JUL 18, 2022: ProAmpac, a leader in flexible packaging and material science, is proud to be a sponsor of 2022’s SPC ENGAGE Montreal. Participants are invited to learn more about ProActive Sustainability®, ProAmpac’s approach to sustainable packaging innovation, during the program.
BD, CerTest Biotec Announce Commercial Launch of Monkeypox Test
July 27, 2022: BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, and CerTest Biotec today announced their newly developed molecular polymerase chain reaction (PCR) test for the monkeypox virus is now commercially available outside of the United States for use in research applications by laboratories.
What are the major Applications, Types and Regions for Global Sterile IV Containers Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
- Pour Bottles
- Flexible bags
- Uromatic IV containers
- Arthromatic IV containers
By Application, it is segmented into
- Fluid Drainage
- Irrigation
- Blood Collection
- Parenteral feeding
Global Sterile IV Containers Market Regional Analysis
North America region is expected to control the global sterile IV containers market owing to the high demand for health care facilities. Preference for clean and quality crops is likely to drive the market request for sterile IV containers in the region. Technological growths and R & D in the region to integrate technology with medical science is anticipated to augment the market demand for sterile IV containers.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Global Sterile IV Containers Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Sterile IV Containers Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Global Sterile IV Containers Market scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2028 CAGR
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CAGR of 9.6% during the review period (2022 to 2027).
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By Types
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- Pour Bottles
- Flexible bags
- Uromatic IV containers
- Arthromatic IV containers
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By Application
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- Fluid Drainage
- Irrigation
- Blood Collection
- Parenteral feeding
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By Companies
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Becton, Dickinson and Company, Berry Global Inc., Amcor Plc, BillerudKorsnas AB, Placon Corporation
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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161
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Sterile IV Containers Market Report
- Evaluate Sterile IV Containers market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Sterile IV Containers market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Question
What is the study period of this market?
The Global Sterile IV Containers Market is studied from 2022-2027.
Who are the prime players in the Global Sterile IV Containers Market?
Becton, Dickinson and Company, Berry Global Inc., Amcor Plc, BillerudKorsnas AB, Placon Corporation
Which region held the largest share in the Global Sterile IV Containers Market?
United States, Europe, China, Japan, Southeast Asia, India and Rest of World
What are the significant Types of Global Sterile IV Containers Market?
Pour Bottles, Flexible bags, Uromatic IV containers, Arthromatic IV containers
What are the major Application of Global Sterile IV Containers Market?
Fluid Drainage, Irrigation, Blood Collection, Parenteral feeding
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
