Non-PVC IV Bags Market: Rapidly Evolving Industry…… COVID-19….


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.
Increasing hospital admissions in Western countries has led to a surge in demand for IV fluids for patient treatment and drug administration. Manufacturers of prefilled IV bags are expected to stock up on empty IV bags sourced from Asian countries, most of which are PVC bags, at a lower cost. However, some critical drugs such as Isosorbide Dinitrate used to relieve chest pain symptoms in patients, are incompatible with PVC IV bags. Drugs that react to PVC are therefore required to be bagged in non-PCV materials that allow for safe packaging and consumption. As the demand for drugs used in the treatment of SARS-COV rises, the demand for non-PVC bags is expected to closely follow from IV and drug manufacturers. We are working to account for this surge in our estimates. The report will account for Covid-19 as a key market contributor.
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.
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https://www.grandviewresearch.com/industry-analysis/non-pvc-iv-bags-market/request/rs1
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.
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
The global non-PVC IV bags market size was estimated at USD 1.11 billion in 2016. Growing demand for preventive measures against errors, such as delivery of inappropriate dose, and increasing demand for innovative IV containers are some of the principal market drivers. The problems associated with traditionally-used IV containers include interaction of drugs & packing materials and difficulty in transport, handling, & disposal of containers. Majority of these problems can be minimized by adopting non-PVC IV bags. Thus, the demand for the same is expected to rise significantly during the forecast period.
The demand for non-PVC IV bags is high in oncology treatment including chemotherapy and targeted drug delivery. Many agents used under these therapies are susceptible to interaction with the plasticizers and tend to convert into harmful agents. This incompatibility can be minimized by the use of containers without plasticizers.
Such containers are usually made of alternative materials such as polypropylene and ethylene vinyl acetate (EVA). The development of novel materials as well as availability of these bags in different designs are the factors expected to boost growth by replacing glass and PVC containers.
The other factors supporting the market growth include growing reach of the local manufacturers in international market, strict regulations against usage and disposal of PVC, and healthcare infrastructure development in developing countries. The rising number of hospitals and advancements in the quality of services provided in them are the factors which can be directly attributable to the market growth.
Browse Press Release of this report:
https://www.grandviewresearch.com/press-release/global-non-pvc-iv-bags-market
Grand View Research has segmented the global non-PVC IV bags market on the basis of type, material, content type:
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
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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