LAMEA Empty IV Bags Market Size, Share & Industry Trends Analysis Report By Product (PVC and Non-PVC (Single Chamber and Multi Chamber)), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Empty IV Bags Market would witness market growth of 11.2% CAGR during the forecast period (2022-2028).
IVs are most often used for receiving blood transfusions, which brings us to our last point. After suffering a devastating accident, thousands of people every day need a blood transfusion to restore their health. This may happen as a result of a major cut, a vehicle accident, or any other event that results in a significant loss of blood.
The administration of pain medicine is another kind of fluid that is often done via an IV. This method of administering the drug allows it to enter the bloodstream considerably more quickly, hence reducing the patient's pain much more quickly than just swallowing a tablet would. However, since narcotic painkillers may be so potent and because they have a sedative impact on the nervous system, smart IV pumps can assist in offering essential safety precautions by adjusting the number of painkillers given to each patient in accordance with their individual requirements.
If a person ever finds himself in one of these precarious circumstances, it is imperative that they keep in mind that hospitals are fully stocked with IV bags that might potentially save their life. Fluids given intravenously via an IV infusion are a routine practice that is free of any significant health risks.
In Saudi Arabia, which had a total population of 33,554,333 in 2018, there were 10518 deaths caused by cancer and 24,485 new cases of cancer diagnosed. Breast cancer, colon-rectum cancer (CRC), and prostate cancer are the three most frequent types of cancer. It is anticipated that the incidence of cancer will increase even more in the years to come. Because of this, there is a growing need for efficient healthcare structures that are well-stocked with sufficient quantities of various medical technology and gadgets in order to provide effective healthcare services. As a direct consequence of this, it is anticipated that the market for empty IV bags will have prospects for expansion in the LAMEA region.
The Brazil market dominated the LAMEA Empty IV Bags Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $103.4 Million by 2028. The Argentina market is experiencing a CAGR of 11.8% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 10.9% during (2022 - 2028).
Based on Product, the market is segmented into PVC and Non-PVC (Single Chamber and Multi Chamber). Based on Non-PVC Material Type, the market is segmented into Polypropylene, Copolyester ether, Ethylene-vinyl acetate, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Baxter International, Inc., B. Braun Medical Inc., ICU Medical, Inc., Becton, Dickinson and Company, Fresenius SE & Co. KGaA, Wipak Oy (Wihuri Group), Renolit SE, Technoflex, Medippex Group, and Polycine GmbH.
Scope of the Study
Market Segments Covered in the Report:
- Non-PVC Type
- Single Chamber
- Multi Chamber
- Non-PVC Materia Type
- Copolyester ether
- Ethylene-vinyl acetate
- Non-PVC Type
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Baxter International, Inc.
- B. Braun Medical Inc.
- ICU Medical, Inc.
- Becton, Dickinson and Company
- Fresenius SE & Co. KGaA
- Wipak Oy (Wihuri Group)
- Renolit SE
- Medippex Group
- Polycine GmbH
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