Pressure Infusion Bags Market
Pressure Infusion Bags Market, By Product Type (Reusable and Disposable), By Material (Nylon, Polyurethane, and Others), By Application (Blood and Drug Infusion and Invasive Pressure Monitoring Procedures), By End Users (Hospitals and Clinics, Outpatient Facilities, and Others), and By Geography (North America, Europe, Asia Pacific, Middle East and Africa, and Latin America) - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030.
Market Overview:
Pressure infusion bags are medical devices used to deliver fluids and medications to patients at a controlled and consistent rate. These bags are made of a strong, flexible material that can withstand high pressures, and they are designed to be inflated with air or a gas such as nitrogen or helium. The pressure inside the bag forces the fluid or medication out of the bag and into the patient's body at a controlled rate.
Pressure infusion bags are commonly used in a variety of medical procedures, such as blood transfusions, chemotherapy, and hydration therapy. They are also used during surgery to deliver anesthesia and other medications to the patient.
Competitive Landscape:
Major players operating in the global pressure infusion bags market include Guangzhou AMK Medical Equipment Co. Ltd., Eakin Healthcare Group, Merit Medical Systems Inc., Salter Labs, Sestet AG & Co. KG, Smiths Group PLC, Sun Med, Tap Medic LLC, and Vaira Medical Inc.
Key Market Drivers:
The increasing prevalence of chronic diseases such as cancer, cardiovascular diseases, and diabetes is expected to augment the growth of the global pressure infusion bags market. Pressure infusion bags are widely used in infusion procedures to deliver fluids, medication, and nutrients to patients, thereby driving the market for pressure infusion bags. For instance, in May 2021, Smiths Medical partnered with Ivenix, Inc. in order to offer accurate infusion management solutions for meeting the increasing healthcare needs.
The rising demand for minimally invasive surgeries is estimated to enhance the growth of the global pressure infusion bags market. These bags are used in minimally invasive procedures such as laparoscopic surgeries and endoscopic procedures to deliver fluids and medications to patients.
Covid-19 Impact Analysis:
The COVID-19 pandemic has had a mixed impact on the global pressure infusion bags market. The pandemic has led to a surge in demand for infusion procedures, especially for the treatment of COVID-19 patients. This has increased the demand for pressure infusion bags. However, the pandemic has also disrupted the supply chain, leading to shortages of raw materials and delayed shipments. This has affected the production and supply of pressure infusion bags, causing a temporary setback to the market.
Key Takeaways:
· North America is expected to dominate the growth of the global pressure infusion bags market, owing to the growing demand for minimally invasive surgeries and the presence of several key players in the region. For instance, in November 2022, Cardinal Health introduced its Sustainable Technologies facility in Florida, United States.
· The Asia-Pacific is estimated to witness high growth in the global pressure infusion bags market, driven by the growing prevalence of chronic diseases and the increasing adoption of pressure infusion bags in this region. For instance, in January 2022, Smiths Medical from Smiths Group PLC was acquired by ICU Medical Inc.
