Quick Summary:
In an era where safety and convenience in healthcare delivery stand paramount, the need to evolve with materials and devices exploring beyond convention has never been more relevant. This is particularly the case in the global Non-PVC IV bags market, known for their ability to maintain the quality and shelf-life of stored items, even in cold storage. Manufactured using state-of-the-art materials such as copolyester-ether and ethylene-vinyl acetate films, these bags mitigate the risk of drug and container interaction problems typically found in their PVC counterparts.
Emphasizing convenience in usage, Non-PVC IV bags also play a significant role in combating hospital-acquired infections. Their growing adoption in parenteral nutrition, oncology, chemotherapy, and targeted drug deliveries is a testament to their effectiveness and reliability. Their increasing usage across healthcare facilities and point-of-care settings is propelling the market growth, along with a notable rise in home care setups among the aging population. This comprehensive market research report offers in-depth insights and trend analysis crucial for every key player and decision-maker in this market.
The global non-PVC IV bags market size reached US$ 1.7 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 7.5% during 2023-2028.
Non-polyvinyl chloride (non-PVC) intravenous (IV) bags are manufactured using polypropylene, polyethylene, copolyester-ether, and ethylene-vinyl acetate films. They are specifically designed for packaging rehydration solutions and storing certain antibiotics and analgesics for hospital and veterinary usage. Moreover, they can be extensively utilized in cold storage without inhibiting the quality and shelf-life of the stored items. Unlike PVC IV bags that often face drug and container interaction problems, these bags provide improved safety, lowered risks of contamination and enhanced convenience of usage. As a result, non-PVC IV bags find extensive applications in parenteral nutrition, oncology, chemotherapy, and targeted drug deliveries.
2. What is the expected growth rate of the global non-PVC IV bags market during 2023-2028?
3. What are the key factors driving the global non-PVC IV bags market?
4. What has been the impact of COVID-19 on the global non-PVC IV bags market?
5. What is the breakup of the global non-PVC IV bags market based on the material?
6. What is the breakup of the global non-PVC IV bags market based on the product?
7. What is the breakup of the global non-PVC IV bags market based on content?
8. What is the breakup of the global non-PVC IV bags market based on the end user?
9. What are the key regions in the global non-PVC IV bags market?
10. Who are the key players/companies in the global non-PVC IV bags market?
Non-polyvinyl chloride (non-PVC) intravenous (IV) bags are manufactured using polypropylene, polyethylene, copolyester-ether, and ethylene-vinyl acetate films. They are specifically designed for packaging rehydration solutions and storing certain antibiotics and analgesics for hospital and veterinary usage. Moreover, they can be extensively utilized in cold storage without inhibiting the quality and shelf-life of the stored items. Unlike PVC IV bags that often face drug and container interaction problems, these bags provide improved safety, lowered risks of contamination and enhanced convenience of usage. As a result, non-PVC IV bags find extensive applications in parenteral nutrition, oncology, chemotherapy, and targeted drug deliveries.
Non-PVC IV Bags Market Trends:
The market is primarily driven by the rising incidences of hospital-acquired infections (HAIs) among the masses. Coupled with the increasing influx of patients requiring intravenous antibiotics across healthcare facilities, this has provided a boost to the uptake of non-PVC IV bags. Also, the widespread adoption of single-chambered non-PVC IV bags in IV drips and other mixtures due to their convenience of management, transportation, and disposal is significantly contributing to the product sales. In addition to this, the growing number of point-of-care (POC) facilities across the globe and the preference for home care setups, especially for the geriatric population, are favorably impacting the market growth. The market is further driven by the escalating popularity of IV bags made up of ethylene-vinyl acetate (EVA). Since these bags offer excellent adhesion to non-porous substrates at an affordable price point, they are widely utilized by healthcare professionals on the global level. Some of the other factors creating a positive outlook for the market include the augmenting demand for biologically inert medical supplies, considerable developments in the healthcare infrastructure and extensive research and development (R&D) activities.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global non-PVC IV bags market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on material, product, content, application and end user.Breakup by Material:
- Ethylene Vinyl Acetate
- Copolyester-ether
- Polypropylene
- Others
Breakup by Product:
- Multi Chamber
- Single Chamber
Breakup by Content:
- Frozen Mixture
- Liquid Mixture
Breakup by Application:
- Chemotherapy
- Targeted Drug Delivery
- Glucose Injection
- Sodium Chloride Solution
- Electrolyte Injection
- Nutrient Injection
- Others
Breakup by End User:
- Hospitals
- Clinics
- Emergency Service Centers
- Ambulatory Surgical Centers
- Others
Breakup by Region:
North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being B. Braun Melsungen AG, Baxter International Inc., Becton Dickinson and Company, Fresenius SE & Co. KGaA, JW Life Science Co. Ltd., Kraton Corporation (DL Chemical Co. Ltd.), Medline Industries LP, Persico S.p.a., Sealed Air Corporation and Sippex IV bags.Key Questions Answered in This Report
1. What was the size of the global non-PVC IV bags market in 2022?2. What is the expected growth rate of the global non-PVC IV bags market during 2023-2028?
3. What are the key factors driving the global non-PVC IV bags market?
4. What has been the impact of COVID-19 on the global non-PVC IV bags market?
5. What is the breakup of the global non-PVC IV bags market based on the material?
6. What is the breakup of the global non-PVC IV bags market based on the product?
7. What is the breakup of the global non-PVC IV bags market based on content?
8. What is the breakup of the global non-PVC IV bags market based on the end user?
9. What are the key regions in the global non-PVC IV bags market?
10. Who are the key players/companies in the global non-PVC IV bags market?
Frequently Asked Questions about the Global Non-PVC IV Bags Market
What is the estimated value of the Global Non-PVC IV Bags Market?
What is the growth rate of the Global Non-PVC IV Bags Market?
What is the forecasted size of the Global Non-PVC IV Bags Market?
Who are the key companies in the Global Non-PVC IV Bags Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 138 |
| Published | June 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 1.7 Billion |
| Forecasted Market Value ( USD | $ 2.6 Billion |
| Compound Annual Growth Rate | 7.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
Table of Contents
1 Preface3 Executive Summary13 Value Chain Analysis15 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Non-PVC IV Bags Market
6 Market Breakup by Material
7 Market Breakup by Product
8 Market Breakup by Content
9 Market Breakup by Application
10 Market Breakup by End User
11 Market Breakup by Region
12 SWOT Analysis
14 Porters Five Forces Analysis
16 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- B. Braun Melsungen AG
- Baxter International Inc.
- Becton Dickinson and Company
- Fresenius SE & Co. KGaA
- JW Life Science Co. Ltd.
- Kraton Corporation (DL Chemical Co. Ltd.)
- Medline Industries LP
- Persico S.p.a.
- Sealed Air Corporation
- Sippex IV bags
Methodology
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