The increasing geriatric population is one of the key factors, driving the global IV bags market. As this population base is extremely susceptible to several diseases and health conditions, they will create a demand for IV bags. Old-aged people typically find it difficult because of their many health conditions, to administer vital nutrients orally as well as administer drugs orally. Consequently, for the efficient administration of drugs and nutrients IV bags are required.

According to Material Type, the PP segment is expected to be dominant during the forecast period because of its chemically inert and non-reactive nature with the packaged solution. Conversely, the PVC segment is predicted to lose its market share because of the risk of release of toxins in the packaged solution. The global IV bags market is very fragmented. But players are also considering strategic M&A, collaborations, and partnerships, which may consolidate the competitive landscape of the global IV bags market to a certain extent.

The increasing geriatric #population is one of the key factors, driving the global IV bags market. As this population base is extremely susceptible to several diseases and health conditions, they will create a demand for IV bags. Old-aged people typically find it difficult because of their many #health conditions, to administer vital nutrients orally as well as administer drugs orally. Consequently, for the efficient administration of #drugs and nutrients IV bags are required. IV drugs are gradually being favored as compared to oral drugs because they generate faster results and are highly accurate.