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Parenteral Nutrition Bags Market Size

  • Report ID: GMI8791
  • Published Date: Apr 2024
  • Report Format: PDF

Parenteral Nutrition Bags Market Size

Parenteral Nutrition Bags Market size was valued at USD 749.6 million in 2023 and is expected to grow at a CAGR of 6.8% between 2024 and 2032, driven by increasing prevalence of chronic diseases such as cancer, gastrointestinal disorders, and malnutrition, which require parenteral nutrition for patients unable to receive adequate nutrition orally. This drives the demand for parenteral nutrition products, in turn fuelling the demand for parenteral nutrition bags.

 

Additionally, the rising geriatric population, who are more prone to such diseases and malnutrition, is further contributing to the rising demand of parenteral nutrition solutions. Moreover, technological advancements in the design and materials used in these bags are also contributing to market expansion, as they improve the safety and efficacy of parenteral nutrition delivery. Furthermore, the growing awareness among healthcare professionals about the benefits of parenteral nutrition in patient care is driving the adoption of these products, further boosting the overall market size.
 

Parenteral nutrition bags are sterile, specialized containers used to deliver a balanced mix of nutrients, including carbohydrates, proteins, fats, vitamins, and minerals, directly into a patient's bloodstream. These bags are designed to be compatible with intravenous (IV) administration systems and are typically made from a durable, flexible material that can withstand the pressures associated with IV infusion.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global parenteral nutrition bags market was valued at USD 749.6 million in 2023 and is expected to reach USD 1.3 billion by end of 2032, driven by the increasing prevalence of chronic diseases such as cancer, GI disorders, and malnutrition.

The single-chamber bags segment in the market reached USD 400.4 million in 2023, due to the convenience, ease of use, and compatibility with various formulations.

Asia Pacific parenteral nutrition bags market held 31.7% revenue share in 2023 and is expected to reach USD 436.4 million by 2032, attributed to the region's large and aging population, coupled with increasing incidences of chronic diseases and a growing awareness of the importance of nutrition.

AdvaCare Pharma, Baxter International Inc., B. Braun Medical Inc., Diffuplast S.r.l., Grifols SA, GVS S.p.A., HEMEDIS GmbH, INFRA S.r.l., Technoflex and Valmed s.r.l

Parenteral Nutrition Bags Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 258
  • Countries covered: 19
  • Pages: 145
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