Pressure Infusion Bags Market Size, Share, Industry Trends and Forecast to 2030

Pressure Infusion Bags Market Size & CAGR in 2021

The global pressure infusion bags market is anticipated to show a CAGR of 5.2% from 2021 to 2026. The market size is expected to reach USD 185.6 million by the end of 2021.

COVID-19 Impact on the Pressure Infusion Bags Market

The COVID-19 pandemic had a significant impact on the pressure infusion bags market. With the healthcare systems overwhelmed, there was a surge in demand for medical supplies, including pressure infusion bags. This led to disruptions in the supply chain and shortages of these essential products.

However, the market quickly adapted to the new normal, with manufacturers ramping up production to meet the increased demand. The focus on infection prevention and control measures also drove the adoption of single-use pressure infusion bags in healthcare settings.

Pressure Infusion Bags Dynamics

The pressure infusion bags market is driven by the increasing prevalence of chronic diseases, rising surgical procedures, and advancements in healthcare infrastructure. The demand for pressure infusion bags is also fueled by the growing emphasis on patient safety and the efficiency of medical procedures.

On the other hand, factors such as stringent regulations for medical devices, pricing pressure, and competition from alternative technologies pose challenges to market growth. Manufacturers are focusing on product innovation, strategic collaborations, and mergers to gain a competitive edge in the market.

Segments and Related Analysis

The pressure infusion bags market can be segmented based on product type, material, end-user, and region. Product types include disposable and reusable pressure infusion bags, while materials range from PVC to polyethylene. The end-users of these bags are hospitals, ambulatory surgical centers, and clinics.

In terms of region, North America accounted for the largest market share in 2021, followed by Europe and Asia Pacific. The increasing healthcare expenditure, favorable reimbursement policies, and the presence of key market players are driving the growth of the pressure infusion bags market in these regions.

By Region Analysis

- North America: North America is the largest market for pressure infusion bags, attributed to the high adoption rate of advanced medical technologies and the presence of well-established healthcare infrastructure.

- Europe: Europe is witnessing significant growth in the pressure infusion bags market due to the increasing geriatric population and the rising prevalence of chronic diseases.

- Asia Pacific: The Asia Pacific region is expected to register the highest CAGR during the forecast period, driven by the expanding healthcare sector and the growing demand for advanced medical devices.

Key Market Players and Competitive Landscape

Key players in the pressure infusion bags market include Smiths Medical, Becton Dickinson, Stryker Corporation, ICU Medical, and Sarstedt AG. These companies are focusing on product development, strategic partnerships, and acquisitions to strengthen their market presence.

Recent Happenings in the Pressure Infusion Bags Market

- In May 2021, Smiths Medical introduced a new range of pressure infusion bags with advanced features for better patient care.

- Becton Dickinson announced a collaboration with a leading healthcare provider to supply pressure infusion bags for their medical facilities in rural areas.

- Stryker Corporation received approval for its innovative pressure infusion bag design, enhancing safety and efficiency in medical procedures.

- ICU Medical launched a campaign to raise awareness about the importance of using pressure infusion bags in critical care settings.

- Sarstedt AG unveiled a new line of eco-friendly pressure infusion bags, aligning with the growing trend of sustainability in healthcare products.