The global non-PVC IV bags market size is expected to reach
USD 2.29 billion by 2025, according to a new report by Grand View Research,
Inc. Globally, increasing demand for safer medical packaging and strict
regulations against usage of PVC are the key factors anticipated to boost the
demand for non-PVC alternatives. Extensive research and developments for novel
alternatives are expected to fuel the growth further.
As per the current market scenario,
usage of non-PVC IV bags is limited to fields such as chemotherapy and
parenteral nutrition. With the introduction of different types of alternatives
such as ethylene vinyl acetate and polypropylene, PVC packaging is anticipated
to be replaced by non-PVC alternatives. These materials can be used for
specific purposes such as cold/frozen storage and customized mixtures. The
non-PVC packaging market is expected to witness lucrative growth during the
forecast period owing to the versatility of applications.
Demand for non-PVC plastics is
increasing in medical as well as non-medical industries owing to stricter
regulations against their usage since their disposal can cause high level of
pollution. The changing trend of using non-PVC materials provides a huge scope
for growth, thus attracting manufacturers and investors to this market.
The demand for non-PVC IV bags is
increasing in parenteral nutrition services. They also have high demand for
multichambered bags; as the formulation differs from patient to patient. The
scope for customized IV bags providers is anticipated to increase with the
development of personalized therapeutic solutions.
Browse full research report on Non-PVC IV Bags Market: https://www.grandviewresearch.com/industry-analysis/non-pvc-iv-bags-market
Further key findings from the report suggest:
- Single chamber bags dominated the market by capturing 64.6%
of the total market share in 2016. High usage in IV drips and other
mixtures is a principal factor that can be attributed to the large share.
- Ethylene vinyl acetate captured the largest share in 2016 and
this dominance is expected to continue over the forecast period. Higher
safety and utility of its usage in frozen mixtures including in blood
banks are expected to have a high impact on the segment growth.
- The demand for copolyester ether is expected to showcase
highest growth during the forecast period due to advantages such as
transparency, durability, and chemical resistance.
- North America dominated the non-PVC IV bags market and is
expected to dominate throughout the forecast period. On the other hand,
Asia Pacific is expected to showcase fastest growth, fueled by factors
such as emergence of a large number of local players and increasing
foreign direct investment.
- Key players include ANGIPLAST PVT. LTD.; RENOLIT; Shanghai
Xin Gen Eco-Technologies Co., Ltd; PolyCine GmbH; Jiangxi Sanxin Medtec
Co., Ltd.; Kraton Corporation; Pfizer, Inc. (Hospira).; Baxter; and B.
Braun Melsungen AG
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/non-pvc-iv-bags-market/request/rs1
Grand View Research has segmented the global non-PVC IV bags market
on the basis of type, material, content type, and region:
Non-PVC IV Bags Type Outlook (Revenue, USD Million, 2014 - 2025)
- Single
Chamber
- Multichamber
Non-PVC IV Bags Material Outlook (Revenue, USD Million, 2014 -
2025)
- Ethylene
Vinyle Acetate
- Polypropylene
- Copolyester
ether
- Others
Non-PVC IV Bags Content Type Outlook (Revenue, USD Million, 2014 -
2025)
- Frozen
Mixture
- Liquid
Mixture
Non-PVC IV Bags Regional Outlook (Revenue, USD Million, 2014 -
2025)
- North
America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- Asia
Pacific
- Japan
- China
- Latin
America
- Brazil
- Mexico
- Middle
East & Africa
- South
Africa
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
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