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Stock impact report

Global IV Bags Market Poised for Remarkable Growth, Expected to Reach USD 6.68 Billion by 2034 [Yahoo! Finance]

ICU Medical, Inc. (ICUI) 
Last icu medical, inc. earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.icumed.com/investor-relations
Company Research Source: Yahoo! Finance
Market Expansion and Innovation The global IV bags market has demonstrated a notable trajectory of growth, with projections indicating an ascent from USD 2.13 billion in 2023 to USD 6.68 billion by 2034, at a compound annual growth rate (CAGR) of 10.95% during the forecast period of 2024-2034. The mounting prevalence of chronic diseases, escalating numbers of surgical procedures and accidents, alongside an aging population cohort, have significantly spurred the accessibility and utilization of IV bags within the healthcare sector. An upsurge in healthcare facilities in remote areas is intensifying the need for efficient blood storage methods, while advancements in parenteral nutrition therapies are propelling market diversification. The Driving Forces The global IV bags market is experiencing a dynamic shift contingent on the rising incidence of chronic illnesses and burgeoning demand for IV therapy, a critical means to address electrolyte imbalance in several medical condition Show less Read more
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