Dublin, Nov. 30, 2023 (GLOBE NEWSWIRE) -- The "Non-PVC IV Bags Market Size, Share & Trends Analysis Report By Product, By Material, By Content, By Region, And Segment Forecasts, 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The global non-PVC IV bags market size is expected to reach USD 3.97 billion by 2030, exhibiting a CAGR of 11.3% from 2023 to 2030.
Demand for non-PVC substitutes is expected to grow in response to increasing global demand for nontoxic medical packaging and stringent legislation banning the use of polyvinyl chloride (PVC). Significant research and development for new alternatives is also expected to drive the global non-PVC IV bags market over the forecast period. 
Non-PVC IV bags are majorly used for parenteral nutrition and chemotherapy. With the advent of different varieties of substitutes such as EVA and polypropylene, PVC packaging is likely to be replaced by non-PVC substitutions such as polypropylene and EVA. These materials might be utilized for several purposes, such as cold or frozen storage and custom mixtures. Thus, the wide applicability of non-PVC IV bags is expected to propel the non-PVC IV bags market growth over the forecast period.
In addition, stringent regulatory policies related to PVC IV bags have led to the increase in the use of non-PVC materials in the medical and non-medical industries. The global movement toward non-PVC materials provides tremendous growth prospects, drawing producers and investors to the sector. Non-PVC IV bags are becoming more common in parenteral nutrition services. Since the composition varies from patient to patient, they have a high demand for multi-chambered containers. With the introduction of tailored clinical solutions, the need for customized IV bag suppliers is expected to grow.
Non-PVC IV Bags Market Report Highlights
- Single chamber bags segment accounted for the largest share of 63.62% in 2022. The high use of IV drips and other mixtures is a major factor that can be contributed to the huge share
- Ethylene vinyl acetate captured the largest share of around 33.62% in 2022 and this dominance is likely to continue over the estimated period. Higher protection and utility of its use in frozen mixtures, like blood banks, are expected to have a significant effect on segment development
- The liquid mixture segment held the largest market share of around 78.62% in 2022 owing to its increase in use across the globe
- North America dominated the market and is anticipated to lead throughout the forecast period. On the other hand, Asia Pacific is estimated to showcase the fastest growth, driven by factors such as the emergence of a large number of local companies and growing foreign direct investments
Company Profiles
- Baxter
- B. Braun Melsungen AG
- Pfizer, Inc. (Hospira)
- Fresenius Kabi AG
- JW Life Science
- RENOLIT
- PolyCine GmbH
- Sealed Air
- Shanghai Xin Gen Eco-Technologies Co., Ltd.
- ANGIPLAST PVT. LTD.
- Shanghai Solve Care Co Ltd.
- Kraton Corporation
- Jiangxi Sanxin Medtec Co., Ltd.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 90 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.73 Billion |
| Forecasted Market Value (USD) by 2030 | $3.97 Billion |
| Compound Annual Growth Rate | 11.3% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1 Research Methodology
Chapter 2 Executive Summary
Chapter 3 Market Variables, Trends & Scope
3.1 Market Segmentation & Scope
3.2 Market Driver Analysis
3.2.1 Environment friendly nature of non-PVC IV bags
3.2.2 Increasing government initiatives
3.2.3 Increasing natality rate
3.2.4 Risk of malnutrition
3.2.5 Increasing incidence of cancer
3.3 Market Restraint Analysis
3.3.1 High cost of non-PVC IV bags
3.3.2 Stringent regulations
3.4 Penetration & Growth Prospect Mapping
3.5 Non-PVC IV bags-SWOT Analysis, By Factor (political & legal, economic and technological)
3.6 Industry Analysis -Porter's
3.7 Prospective Customers Outlook
Chapter 4 Non-PVC IV bags Market: Product Estimates & Trend Analysis
4.1 Definition and Scope
4.2 Product Market Share Analysis, 2022 & 2030
4.3 Segment Dashboard
4.4 Non-PVC IV bags Market, by Product, 2018 to 2030
4.5 Market Size & Forecasts and Trend Analyses, 2018 to 2030
4.5.1 Single chamber
4.5.2 Multi chamber
Chapter 5 Non-PVC IV bags Market: Material Estimates & Trend Analysis
5.1 Definition and Scope
5.2 Material Market Share Analysis, 2022 & 2030
5.3 Segment Dashboard
5.4 Non-PVC IV bags Market, by Material, 2018 to 2030
5.5 Market Size & Forecasts and Trend Analyses, 2018 to 2030
5.5.1 Ethylene vinyl acetate
5.5.2 Polypropylene
5.5.3 Copolyester ether
Chapter 6 Non-PVC IV bags Market: Content Estimates & Trend Analysis
6.1 Definition and Scope
6.2 Content Type Market Share Analysis, 2022 & 2030
6.3 Segment Dashboard
6.4 Non-PVC IV bags Market, by Content Type, 2018 to 2030
6.5 Market Size & Forecasts and Trend Analyses, 2018 to 2030
6.5.1 Frozen Mixture
6.5.2 Liquid Mixture
Chapter 7 Non-PVC IV bags Market: Regional Estimates & Trend Analysis, by Product, Material, and Content
For more information about this report visit https://www.researchandmarkets.com/r/283pc0
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