Medical Fluid Bags Market Size, Share, and Trends 2024 to 2033

Medical Fluid Bags Market Size and Growth

The global medical fluid bags market size was USD 3.80 billion in 2023, calculated at USD 4.01 billion in 2024 and is expected to reach around USD 6.50 billion by 2033, expanding at a CAGR of 5.52% from 2024 to 2033. The growing prevalence of chronic diseases globally focuses on health awareness among individuals to drive the growth of the medical fluid bags market.

Medical Fluid Bags Market Key Takeaways

• The North America medical fluid bags market size reached USD 1.25 billion in 2023 and is expected to attain around USD 2.18 billion by 2033, poised to grow at a CAGR of 5.71% between 2024 and 2033.
• North America dominated the market with the largest revenue share of 33% in 2023.
• Asia-Pacific is expected to be the fastest growing during the forecast period.
• By product type, the drain bags segment has held the largest revenue share of 31% in 2023.
• Based on product type, the blood bags segment is observed to grow at the fastest rate during the forecast period.
• Based on material, the PVC compounds segment led the market with the largest share in 2023.
• Based on end user, the hospitals segment led the market with a major revenue share of 35% in 2023.

U.S. Medical Fluid Bags Market Size and Growth 2024 to 2033

The U.S. medical fluid bags market size was exhibited at USD 940 million in 2023 and is projected to be worth around USD 1,630 million by 2033, poised to grow at a CAGR of 5.65% from 2024 to 2033.

North America dominated the medical fluid bag market and is expected to grow continuously in terms of share revenue. Canada and the U.S. are the main areas that drive the growth of the medical fluid bags market. The significant investments in the healthcare sector because of the large patient population is one reason for growth. Healthcare sectors require large amounts of fluids, reagents, and parenteral nutrition, which directly demands medical fluid bags. This demand drives the market, and manufacturers also benefit by producing these products in the region. Hence, it makes the country a top contributor to the medical fluid bag market.

Asia-Pacific holds the title of the fastest-growing region in the medical fluid bags market. The region is expanding quickly and is expected to hold a significant revenue share very soon. The most important cause of the growth is the presence of growing healthcare networks and growing awareness among individuals regarding their health. Apart from this, the various initiatives and steps taken by governments globally to provide better services in terms of health also uplifted the growth in the market. Hence, trying for advancements in the market of medical products.

• Recently, in May 2023, India successfully delivered blood bags using drones. It becomes possible for the very first time. The ICMR investigated the process and concluded that it not only maintained the temperature but also that there was no damage to the products transported. As compared by sending the same sample by ambulance and found that the properties of both samples are the same and safe without any damage.

Market Overview

Medical fluid bags store fluids such as blood, reagents, etc., and can be used in various applications, including healthcare and home care. These fluid bags are necessary for quick resuscitation, blood transfusions, and other critical procedures. The global medical fluid bags market has been analyzed based on different market segments, including product type, material, end-user, and geographies or regions. An increase in the prevalence of chronic diseases and higher admission rates in hospitals are also driving the growth of the global medical fluid bag market.

Medical fluid bags differ and are available in the market in various sizes, including an interior pouch and an outside plastic covering. The separation of these bags into an inner pouch and an outer covering acts as a protector to protect the contents of the bag till its expiry date.

Medical device improvements, such as drug delivery systems and dialysis machines, may expand the use of medical fluid bags as a component of these systems. The market of these fluid bags has experienced a significant expansion. With technological advancements in the medical industry, fluid bags are gaining more attention and are expected to hit the market in the forecasted period. Nowadays, the main focus is to adopt safe and efficient technologies for limiting errors.

Medical Fluid Bags Market Growth Factors

Major key players in the market are driving growth through attractive advancements and launching new technologies.

Expansion in the healthcare sector globally promotes the growth of medical devices, pouches, and bags needed during treatments and surgeries.

Recycling of various medical fluid bags and pouches as they cause harm to the environment and the individual itself. Many industries are focusing on adopting these practices to maintain safety and minimize the concern of health-related issues because of the waste generated from these products.

Medical Fluid Bags Market Scope

Medical Fluid Bags Market Dynamics

Drivers

Rise in the number of surgeries and medical procedures

The most prominent factor responsible for the growth of the medical fluid bag market is the global increase in cases of surgeries and other medical activities. The surgical procedure often requires the administration of fluids needed for the body of a patient. It further drives the demand for reliable and hygienic fluid storage solutions and bags or pouches.

Innovative advancement in the medical fluid bags market

Globally, manufacturers of medical fluid bags are focusing on the development of innovative products that are more durable, leakproof, and biocompatible. The availability of more innovative technologies in fluid storage bags, such as tracking with RFID and continuous monitoring of temperature, is gaining attraction and also promoting a safer transfusion of fluids into the body. It also helps in tracing the infusion of fluids throughout the entire process.

Increase in the number of geriatric and aged people

The growth rate of the medical fluid bags market is driven by the increase in the geriatric and aged population. Some of the common conditions that arise in older age are chronic obstructive pulmonary diseases, obesity, diabetes, and heart diseases. The conditions in the older age population, such as urinary incontinence, frailty, and cancer, lead to the emergence of complex health problems. These factors play an imperative role in the growth of the medical fluid bags market, as medical fluid bags are essential for storing blood, drain, glucose, and other liquids.

• According to the World Health Organisation, the proportion of the global population of people above 60 years of age is higher than that of children below five years of age.

Restraint

Environmental concerns increasing from medical fluid bags

The medical fluid bags market faces obstacles due to environmental and health concerns associated with PVC-based medical bags. The main challenge is the improper disposal of these bags, which poses a threat to the environment. In particular, long-term exposure of patients to hormonally damaging substances commonly present in PVC is associated with significant health risks.

• According to the National Centers for Biotechnology Information (NCBI), prolonged exposure to these substances can lead to severe health problems. These challenges are responsible for restricting the sustained growth of the Medical Fluid Bags Market.

Opportunity

Advancement toward the production of eco-friendly medical bags

An increasing emphasis is on using eco-friendly materials to manufacture unique medical fluid bags is observed to offer a sustainable opportunity for the medical fluid bags market in the upcoming years. It favourably influences the market growth in the coming years. Since PVC medical bags have a negative impact on human health and the environment, to avoid these impacts, PVC-free medical bags have been developed. Several government and private groups encourage using environmentally friendly materials in medical disposables to protect caregivers and patients from contamination from PVC production and disposal.

To limit the amount of waste generated during ostomy treatments, manufacturers are also focusing on producing washable and biodegradable pouches, one of the main trends in the global medical fluid pouch market. The continuous growth of the medical fluid bag market requires innovative solutions and ecological alternatives to promote a healthier and more eco-conscious healthcare environment.

Product Type Insights

The drain bags segment led the medical fluid bags market in 2023. Drain bags are crucial in preventing fluid accumulation that can lead to infections or other complications in surgical wounds and chronic wounds. Effective wound management protocols in healthcare facilities rely heavily on the use of drain bags. Drain bags must meet stringent regulatory and safety standards to ensure patient safety and efficacy. The adherence to these standards by manufacturers leads to the production of high-quality, reliable products that are widely used in clinical settings.

The blood bags segment is expected to grow at the fastest rate in the medical fluid bags market during the forecast period. The surge in patients suffering from diverse medical conditions related to blood, kidney, metabolic, and neurological issues propelled the rising demand for blood bags. In addition, diseases such as cancers that affect the bone marrow, blood cells, lymph nodes, and the more comprehensive lymphatic system, including leukemia, lymphoma, myeloma, and myelodysplastic syndromes (MDS), have increased the need for blood transfusions.

Material Insights

The PVC compounds segment dominated the market and stood out among the other available segments. They are designed for providing nutrition intravenously, packaging of dehydration solutions such as sodium chloride, glucose, lactated Ringer's solution, and certain antibiotics and analgesics. Their widespread popularity is due to their efficiency in collecting and preserving blood and blood components, which provides the 42-day shelf life essential for the preservation of rare blood groups if and when required in emergencies. In particular, PVC intravenous bags are best for hospital and veterinary usage. PVC blood bags offer optimal sterilization and, if necessary, flexible freezing.

Baxter is a proud manufacturer and supplier of PVC bags that are ubiquitous in hospital care. Recently, In December 2023, it announced the scaling up of the PVC intravenous bag recycling program. The first pilot phase of recycling successfully demonstrated proof of concept, with more than six tons of plastic IV bag waste diverted from a Northwestern Memorial Hospital landfill.

End-user Insights

The hospitals segment led the medical fluid bags market in 2023. The segment is further observed to continue its growth in the upcoming period. The growing prevalence of chronic diseases such as diabetes, hypertension, and cancer has led to increased hospital visits and admissions. Chronic disease management often involves the administration of IV medications and fluids, contributing to the higher demand for medical fluid bags in hospital settings. There has been a notable increase in elective and non-elective surgical procedures as healthcare systems recover from the pandemic-induced delays. Hospitals, being the primary providers of these surgical services, have seen a corresponding rise in the usage of fluid bags for perioperative care.

Medical Fluid Bags Market Companies

• Baxter International
• Coloplast
• Thermo Fisher Scientific
• Macopharma
• B. Braun Medical
• ConvaTec
• Fresenius Kabi
• Smith’s medical
• Pall Corporation
• Westfield Medical Ltd.

Recent Developments

• In November 2023, Borealis, one of the world's largest polyolefin producers, introduced a new soft polypropylene grade that enables innovation in IV fluid packaging bottles and bags. This facilitates the growth of the medical fluid bags market with advancements.
• In November 2022, Gufic Biosciences partnered with its French counterpart to produce the new technology advancement in India. Gufic Biosciences launched Dual-Compartment Bags made from polypropylene (DEHP-free). The 2-compartment IV bags with removable aluminum foil allow storage of unstable medications that must be prepared immediately before administration to the patient. A removable seal separates the lyophilized (or powdered) medications from the diluent.

Segments covered in the report

By Product

• Blood Bags
• Intravenous Bags
• Drain Bags
  • Urinary
  • Surgical
• Enema Bags
• Biohazard Disposable Bags
• Breast Milk Bags
• Reagent Bags
• Dialysis Bags
• Others

By Material

• PVC Compounds
• Polyolefins
• Thermoplastic Elastomers
• Thermoplastic Polyurethanes
• Others

By End-user

• Hospitals
• Blood Banks
• Clinics
• Homecare Settings
• Diagnostic Centres
• Others

By Geography

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa