The global PVC-free IV bag market size was 1.6 billion US$ in 2021. The global PVC-free IV bag market is expected to reach 4.1 billion US$ by 2030 by increasing at a growth rate annual compound (CAGR) of 9.1% during the forecast period from 2022 to 2030.
PVC-Free IV Bag Market Status, Trends and COVID-19 Impact Report 2021, the Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns , competitive landscape, market shares, trends, and strategies for this market. It traces historical and forecast market growth by geography. It places the market in the larger context PVC-Free IV Bag Market, and compare it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, industry chain, market effect factors analysis, market size forecast from digital evidence management, market data and graphs and statistics, charts, Bar & Pie Charts, and many more for business intelligence. Get a full report (Including full table of contents, over 100 tables and figures, and a chart). – In-depth analysis of the impact of the COVID-19 epidemic before and after the analysis of the market impact and situation by region
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PVC-free IV bags are IV bags that contain a polyvinyl chloride film. The bags are safe to use and are lightweight in nature. In addition, they also have a low risk of contamination, less pollution, and are compatible and practical.
Factors influencing the market
The growing awareness related to preventative measures to avoid mistakes, such as delivering the wrong dose, will drive the market growth. Beneficial properties of PVC-free IV bags such as light weight and low risk of contamination will aid in the growth of the market.
Growing concerns over issues with traditionally used IV containers such as the interaction of drugs and packaging materials and the difficulty of transporting, handling and disposing of the containers will increase the demand for PVC-free IV bags .
The growing prevalence of chronic diseases and the applications of PVC-free IV bags in chemotherapy and targeted drug delivery will accelerate the market growth.
The introduction of new materials and different bag designs will accelerate the growth of the market. For example, in July 2016, B. Braun Melsungen AG unveiled its flexible plastic IV bag, DUPLEX Container. The product has been specially designed to streamline intravenous administration to patients.
Beneficial applications of PVC-free IV bags for frozen mixtures such as high instability and durability, compared to PVC bags, will benefit the overall market during the study period. On the contrary, the high cost of PVC-free IV bags may limit the market growth.
The PVC-free IV bag market in Asia Pacific is estimated to hold the highest CAGR due to improving healthcare spending and growing healthcare spending. Additionally, the growing awareness of technologically advanced healthcare solutions will skyrocket the demand for specialty medical bags. In addition, the rising rate of geriatric population, growing prevalence of chronic diseases and rising healthcare costs will contribute to the growth of the PVC-free IV bag market in Asia Pacific.
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COVID-19 Impact Analysis
The wake of the COVID-19 pandemic has opened eyes for many economies to focus more on healthcare. Many governments have increased health spending for their respective nations. In addition, rising consumer spending on healthcare and improving healthcare infrastructure will benefit the PVC-free IV bag market even after the pandemic.
Jiangxi Sanxin Medtec Co., Ltd.
Kraton Performance Polymers, Inc.
Shanghai Solve Care Co., Ltd.
Cryovac Inc. (air sealed)
Shanghai Xin Gen Eco-Technologies Co., Ltd
ANGIPLAST PVT. LTD.
Other top players
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Global PVC-free IV bag market segmentation focuses on type, material, and region.
By Outlook type
By type of material Perspectives
By Outlook content type
Rest of Western Europe
Rest of Eastern Europe
Australia and New Zealand
Rest of Asia-Pacific
Middle East and Africa (MEA)
United Arab Emirates
Rest of MEA
Rest of South America
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The final report will add the analysis of the impact of COVID-19 on this industry.
In the region highly dependent on imports PVC-Free IV Bag Market, a large number of indigenous syringe and needle manufacturers have successfully developed. However, this does not mean that imports are low for this market. Imports, as in the case of other medical devices, are quite high, but domestic manufacturers have been able to tap into foreign markets by increasing exports. The target consumer base is constantly growing, which is expected to boost the sales in the market significantly.
The report provides an overview of the PVC-Free IV Bag Market. It begins with the introductory section which mentions the characteristics and uses of syringes and needles as well as a brief description of the different phases of their development. The market overview section provides an overview of the market and highlights the market size. The import and export figures for syringes and needles, both in terms of volume and value, have been provided in the following section. It also includes the regional breakdown of imports and exports.
A driver analysis explains the factors leading to the growth of the market including increasing need for insulin doses, increasing demand for vaccines, improving healthcare infrastructure, increasing incidence of diseases, changing demographics and health check packages. Some of the major challenges in the market are the illegal recycling of syringes and needles and issues related to usage. Government legislation in the market has been discussed in the next section.
The competition section highlights the characteristics of major players operating in the market. A brief profile of major domestic and foreign market players along with their financial data has been included in this section. A section providing strategic recommendations has been given at the end of the report which gives effective solutions to existing and potential players to improve market share and increase profitability
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