Registering a CAGR of 3.9% over the forecast period of 2022-2027, the global Sterile IV Containers Market is anticipated to reach the market value of USD 685.89 billion by 2027 from USD 490.38 billion in 2020.
The increasing pharmaceutical industry is likely to drive the development of sterile IV containers market. Sterile IV containers are used to facilitate medical services and management. Growing chronic diseases such as cardiovascular diseases, stroke, cancer and respiratory diseases are likely to augment the petition for sterile IV containers market. The demand for sterile IV containers is due to the risk of cross-contamination and infections. Sterile IV containers are important in drug administration to maintain the safety and quality of the drug. Furthermore, studies published by the New England Journal of Medicine suggest that using IV containers in its place of saline reduces the risk of death or kidney harm which is expected to fuel the market development for sterile IV containers.
In the packaging of medical and food products, moisture control is the main concern, and thermoform plastic acts as barrier films to bring the product in good condition. Thin walling used in various packaging applications has been an additional development factor for the market.
B. Braun Medical Inc. Issues Voluntary Nationwide Recall of 0.9% Sodium Chloride for Injection USP 250ML in Excel due to Fluid Leakage or Low Fill Volume
FOR IMMEDIATE RELEASE - March 2, 2022 - BETHLEHEM, PA – B. Braun Medical Inc. (B. Braun) is voluntarily recalling five (5) lots of 0.9% Sodium Chloride for Injection USP 250ML in Excel within the United States to the hospital/user level. The voluntary recall has been initiated due to fluid leakage or low fill volume of the respective containers.
The biggest risk with a slow leak in any intravenous solution preparation is a break in sterility which poses a risk for the patient being exposed to a bacterial or fungal infection. There is a remote probability this could lead to bloodstream infection. B. Braun has not received any reports of adverse events related to this recall.
0.9% Sodium Chloride for Injection USP in Excel is indicated for extracellular fluid replacement, treatment of metabolic alkalosis in the presence of fluid loss and mild sodium depletion. 0.9% Sodium Chloride Injection USP in Excel is also indicated for use as a priming solution in hemodialysis procedures and may be used to initiate and terminate blood transfusions without hemolyzing red blood cells.
Sterile IV Containers Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Applications, it is segmented into
North America region is anticipated to dominate the global sterile IV containers market owed to the high demand for healthcare facilities. Preference for hygienic and quality products is likely to drive the market claim for sterile IV containers in the region. Technological growths and R & D in the region to integrate technology with medical science is projected to augment the market claim for sterile IV containers. Furthermore, the Asia Pacific owing to the increasing demand for healthcare services along with an increase in expenditure on healthcare is likely to fuel the claim for sterile IV containers in the region.
Scope of the Report covers Sterile IV Containers Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Sterile IV Containers Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.
Reports Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 3.9% during the review period (2022 to 2027). |
By Type |
|
By Application |
|
By Companies | Books (CUL :^BOOKS.REGA), Renolit, Kraton Corporation, Angiplast, Baxter International Inc. (NYSE :BAX), Fresenius Kabi Group., Sippex, Guangdong lejin medicine Co.Ltd, |
Regions Covered | • North America • Europe • Asia-Pacific • Rest of the World |
Countries Covered | • 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 |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 166 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Sterile IV Containers Market is studied from 2017 - 2027.
Who are the key players in Sterile IV Containers Market?
Books (CUL :^BOOKS.REGA), Renolit, Kraton Corporation, Angiplast, Baxter International Inc. (NYSE :BAX), Fresenius Kabi Group., Sippex, Guangdong lejin medicine Co.Ltd, Medline Industries, Pfizer (Hospira), Vioser SA and others.
What are the significant types of Sterile IV Containers Market?
Pour Bottles, Flexible Bags, Others.
What are the major end-use applications of Sterile IV Containers Market?
Hospital, Clinic, Ambulatory Care Centres, Others.
What segments are covered in the Sterile IV Containers Market report?
The Global Sterile IV Containers Market is segmented on the basis of Product, Application, and Geography.
How can I get a sample report/company profile for the Sterile IV Containers Market?
The sample report for the Sterile IV Containers Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
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.
Reach us with your research requirements and we shall provide the optimum solution to suit your needs.
Discounts available for multiple report purchases.