At 6.5% CAGR, Medical Fluid Bags Market to Reach 4.4 billion USD by 2024 offers 2018 report on Global Medical Fluid Bags market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2024.

Germany medical fluid bags market will be driven by rising geriatric population coupled with high chronic disease occurrence. Growing tie-ups amongst the companies for gaining technological advantage will favor industry growth.

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Some of the key industry competitors in medical fluid bags market Amcor, Amsino, B. Braun, Baxter, C.R.Bard, Coloplast, ConvaTec, Eagle, Fresenius Kabi, Hospira, Kawasumi Laboratories, Kraton, Maco Pharma, Pall Corporation, Renolit, Sippex, Smiths Medical, Technoflex, Terumo, Thermofisher, Vonco, Westfield Medical, Wipak. Industry players are adopting strategies such as acquisitions and collaborations in order to expand their product base and thereby increase company revenue.

Rising aging population, leading to various age-associated diseases coupled with increasing prevalence of chronic diseases such as cancer, cardiovascular diseases, kidney and liver disorders, will drive medical fluid bags market over the forecast timeframe.

Blood banks segment is anticipated to witness significant growth during the forecast timeline due to rising necessity for cellular therapies, customized vaccines and blood transfusion. Growing awareness for blood donations along with secure blood storage during transportation and blood donation camps will further accelerate business growth.

Drain bags segment dominated medical fluid bags market contributing to over 30% share in 2017 and is estimated to grow considerably over the forecast timeline. Increasing number of surgeries coupled with rising prevalence of chronic diseases such as kidney failure and cardiovascular diseases resulting into surgeries, will drive segment growth.

Polyolefins segment is the largest market share bearing segment, driven by superior properties such as greater thermal stability, lesser leaching levels and high-impact resistance.

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High medical fluid bag adoption rate and an excellent reimbursement scenario will drive the U.S. medical fluid bags market. Additionally, rising prevalence of kidney diseases that require more number of medical fluid bags will propel business growth in the country.

This material is unreactive possessing great organoleptic properties. Due to excellent stability property, the need for chemical analyzer is eliminated thereby, increasing customer preference. Thermoplastic polyurethanes segment will grow at significant growth rate owing to higher relative biocompatibility, versatility and ease of recycling.

Table of Content:

Chapter 1 Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 Medical Fluid Bags Industry Insights

Chapter 4 Medical Fluid Bags Market, By Product

Chapter 5 Medical Fluid Bags Market, By Material

Chapter 6 Medical Fluid Bags Market, By End-Use

Chapter 7 Medical Fluid Bags Market, By Region

Chapter 8. Company Profiles

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Related Report:

United States Medical Fluid Bags Market Report 2018

In this report, the United States Medical Fluid Bags market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.

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Organization: Market Study Report
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Release ID: 474032