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2021
Non-pvc Iv Bags Market

Non-PVC IV Bags Market, by Product Type (Single Chambered and Multi Chambered), Application (Chemotherapy, Targeted Drug Delivery, Glucose Injection, Sodium Chloride Solution, Electrolyte Injection, and Others), Material (Polypropylene IV Bag, Polyethylene IV Bag, Co-Polyester Ether IV Bag, Ethylene-Vinyl Acetate IV Bag, and Others), and End User (Hospitals, Clinics, Emergency Service Centers, Ambulatory Surgical Centers, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A13373
Pages: NA
Nov 2021 | 33 Views
   
Author(s) : Onkar Sumant
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Non-PVC IV bags are considered safe in nature and convenient to handle & transport. These bags play an important role in operation theaters. There is an increased demand for these bags in the oncology department. Non-PVC IV bags are used to avoid contamination and help to reduce the risk associated with the use of traditional in IV bags. Traditional IV bags contain agents such as PVC which may interact with drugs present in IV bags and result in the formation of unwanted substances in IV bags. Non-PVC IV bags do not react with drugs in IV bags and are easy to dispose

Market Scope and Structure Analysis

Report Metric

Details

  Market Size available for years

  2020-2030

  Base year considered

  2020

  Forecast Period

  2021-2030

  Forecast Unit

  Value (USD)

  Segments Covered

Product Type, Application, Material, End User, and Region.

  Regions Covered

North America, Europe, Asia-Pacific and LAMEA

  Companies Covered

B. Braun Medical Inc., Baxter, JW Life Science, RENOLIT SE, Fresenius Kabi, Shanghai Xin Gen Eco-Technologies Co., Ltd, Polycine GmbH, KRATON CORPORATION, and Angiplast Pvt. Ltd.

 

COVID-19 Impact Analysis             

COVID-19 is an infectious disease that first emerged in late December in Hubei province of the Wuhan city in China. The virus that causes, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is highly infectious and is transmitted from person to person. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a pandemic on March 11, 2020.

There is an increase in the demand for medical supplies needed for the infected population. Respiratory support devices such as atomizers, life support machines, oxygen generators, and monitors are among the primarily used medical devices in primary clinical treatment., COVID-19 has also resulted in significant increase in the demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. The need for medical supplies has increased among both from the healthcare professionals and the civil population for precautionary measures, owing to rise in number of COVID-19 cases worldwide. Manufacturers of these products have an opportunity to profit from this increased demand for medical supplies to ensure appropriate and consistent supply of personal protective equipment in the market. Therefore, COVID 19 is expected to have a significant impact on the non-PVC IV bags market.

Top Impacting Factors

  • Increase in number of point-of-care facilities, surge in home care setups, increase in demand for oncology procedure treatments, rise in demand of innovative IV containers, and surge in awareness regarding use of non-PVC IV bags over conventional IV bags drive the non-PVC IV bags market.
  • Furthermore, increase in the demand for eco-friendly medical devices, surge in the government initiatives for spreading awareness regarding the use of disposable IV bags, rise in targeted drug delivery systems, surge in demand for easy to handle and convenient ways to deliver drugs, and R&D activities to improve quality of non-PVC IV bags and increase reliability are the key points that drive the growth of the non-PVC IV bags. 
  • However, high cost related to non-PVC IV bags and stringent government regulatory policies hinder the growth of the market
  • Surge in number of hospital admissions and increase in demand for multi-chambered bags is anticipated to provide lucrative opportunities for the expansion of the market.

Market Trend

New Product Launches to Flourish the Market

, Fagron Sterile Services announced the launch of a product line for manufacturing PVC -free, environment- friendly IV bags in 2021. These IV bags are used for drug delivery.

Sihuan Pharma got approval from China in 2019for the launch of a non-PVC IV bag. This double- chambered IV bag is used for injections of ceftazidime or sodium chloride.

BAUSCH an advanced technology group announced the launch of non-PVC IV bag manufacturing in 2019. These are single-chambered and multi-chambered IV. bags, which can be used to administer multi drugs at the same time

Key Segment

Segment

Sub-segment

  Product Type

  • Single Chambered
  • Multi Chambered

  Application

  • Chemotherapy
  • Targeted Drug Delivery
  • Glucose Injection
  • Sodium Chloride Solution
  • Electrolyte Injection
  • Others

  Material

  • Polypropylene IV Bag
  • Polyethylene IV Bag
  • Co-Polyester Ether IV Bag
  • Ethylene-Vinyl Acetate IV Bag
  • Others

  End User

  • Hospitals, Clinics
  • Emergency Service Centers
  • Ambulatory Surgical Centers
  • Others

  Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

 

Key Benefits of the Report

  • This study presents the analytical depiction of non-PVC IV bags market industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
  • The current market is quantitatively analyzed from 2020 to 2028 to highlight the growth scenario of the non-PVC IV bags market.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed market analysis depending on competitive intensity and the competition that will take shape in coming years.

Questions Answered in the Non-PVC IV Bags Market Report

  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the future projections that would help in taking further strategic steps?
  • What is "non-PVC IV bags"?
  • What is the prediction of the "non-PVC IV bags" market in the future?
  • Who are the leading global players in the "non-PVC IV bags" market?
  • What are the current and predicted trends?
  • What are the key benefits of the "non-PVC IV bags" market report?
 
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