Non-PVC IV Bags Global Market By Product Type, By Material, By Application, By End User, By Region And Segment Forecasts, 2024-2033
Overview and Scope
Non-PVC IV bags refer to bags that do not contain polyvinyl chloride (PVC) as a
material and are used in healthcare settings to administer fluids, medications,
and nutrients directly into a person's vein. They are widely used in hospitals
and emergency medical services due to their resistance to chemicals, heat, and
UV light, ensuring the quality and stability of IV fluids.
Sizing and Forecast
The non-PVC IV bags market size has grown strongly in recent years. It will
grow from $1.63 billion in 2023 to $1.79 billion in 2024 at a compound annual
growth rate (CAGR) of 9.7%. The growth
in the historic period can be attributed to need for non-toxic material for the
packaging of medicines, an increase in chemotherapy, a high prevalence of
chronic kidney diseases, an increase in unmet healthcare needs, rise in
geriatric population.
The non-PVC IV bags market size is expected to see strong growth in the next
few years. It will grow to $2.60 billion in 2028 at a compound annual growth
rate (CAGR) of 9.8%. The growth in the
forecast period can be attributed to rising cancer incidence, expanding
hospitals and ambulatory centers, increasing patient traffic within healthcare
settings, increasing government initiatives, and increasing demand for
preventative measures against errors. Major trends in the forecast period
include infrastructure development within healthcare sectors, development and
availability of modern materials in different designs, technological advances
in service quality, demand for advanced containers, and adoption of
single-chambered non-PVC IV bags.
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Segmentation & Regional Insights
The non-PVC IV bags market covered in this report is segmented –
1) By Product: Single Chamber, Multi Chamber
2) By Material: Ethylene Vinyl Acetate, Polypropylene, Copolyester Ether, Other
Materials
3) By Content: Frozen Mixture, Liquid Mixture
4) By Application: Chemotherapy, Targeted Drug Delivery, Glucose Injection,
Sodium Chloride Solution, Electrolyte Injection, Nutrient Injection, Other
Applications
5) By End User: Hospitals, Clinics, Emergency Service Centers, Ambulatory
Surgical Centers, Other End Users
North America was the largest region in the non-PVC IV bags market in 2023.
Asia-Pacific is expected to be the fastest-growing region in the forecast
period. The regions covered in the Non-PVC IV bags market report are
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing patient traffic within healthcare settings is expected to propel
the growth of the non-PVC IV bags market going forward. Patient traffic refers
to the flow or volume of patients seeking medical care or services within a
healthcare facility, such as a hospital, clinic, or doctor's office. Healthcare
admission are on higher demand for healthcare services, and changes in
healthcare policies or insurance coverage. Non-PVC IV bags are required for
patients due to concerns about the potential leaching of harmful chemicals from
PVC materials into intravenous fluids, minimizing the risk of patient exposure
to toxins. For instance, in January 2024, according to a report published by
the National Health Service, a UK-based publicly funded healthcare system, 1.63
million patients initiated treatment, while over 2.3 million diagnostic tests
were conducted in November 2023, maintaining significant pressure on emergency
departments nationwide, where more than 2.1 million A (accident) and E
(emergency) visits and over 547,000 emergency admissions occurred in December
2023. Therefore, the increasing patient traffic within healthcare settings is
driving the growth of the non-PVC IV bags market.
Key Industry Players
Major companies operating in the Non-PVC IV bags market are Cardinal Health Inc., Pfizer Inc., Abbott
Laboratories, Medline Industries LP, Becton Dickinson and Company, Otsuka
Pharmaceutical Co. Ltd., Baxter International Inc., B. Braun Melsungen AG,
Fresenius Kabi AG, Grifols S.A., Terumo Corporation, Sealed Air Corporation,
Nipro Corporation, ICU Medical Inc., Kraton Corporation, Haemonetics
Corporation, JW Life Science, Jiangxi Sanxin Medtec Co. Ltd., Persico S.p.a.,
Angiplast Pvt. Ltd., Fagron Sterile Services, Technoflex SA, Medi Pharma Plan
Co. Ltd., Bausch Advanced Technologies Inc., PolyCine GmbH
The non-pvc iv bags market report table of contents includes:
1. Executive Summary
2. Non-PVC IV Bags Market Characteristics
3. Non-PVC IV Bags Market Trends And Strategies
4. Non-PVC IV Bags Market - Macro Economic Scenario
5. Global Non-PVC IV Bags Market Size and Growth
.....
32. Global Non-PVC IV Bags Market Competitive Benchmarking
33. Global Non-PVC IV Bags Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Non-PVC IV Bags Market
35. Non-PVC IV Bags Market Future Outlook and Potential Analysis
36. Appendix
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