Non-PVC IV Bags Market Expansion 2024-2033: Growth Drivers and Dynamics

The non-pvc iv bags global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Non-PVC IV Bags Market, 2024report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –
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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Scope Of Non-PVC IV Bags Market
The Business Research Company’s reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Non-PVC IV Bags Market Overview

Market Drivers –
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.

Market Trends –
Major companies operating in the non-PVC IV bags market are developing innovative products, such as polyolefin film IV containers, for storing and administering fluids and medications. A polyolefin film IV container is a type of intravenous (IV) solution container made from polyolefin film, which is a type of plastic material known for its flexibility, durability, and safety in medical applications. For instance, in April 2021, Fresenius Kabi, a Germany-based manufacturer of non-PVC IV bags, launched sodium chloride injection in Freeflex IV bags. The Freeflex IV bag, available in two strengths (1,000 USP units in a 0.9% sodium chloride 500 mL infusion bag and 2,000 USP units in a 0.9% sodium chloride 1,000 mL infusion bag), stands out with its unique design. The Freeflex bag is crafted from a multilayer, polyolefin film container, offering leak-resistant technology and an easy-to-handle design for infusion therapies, streamlining the administration process compared to traditional vials.

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

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Regional Insights – 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.

Key Companies –
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

Table of Contents
1. Executive Summary
2. Non-PVC IV Bags Market Report Structure
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
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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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