Non-PVC IV Bags Market Statistical Forecast, Trade Analysis 2024 -2031 - Baxter, Angiplast Pvt. Ltd & RENOLIT.

The Global Non-PVC IV Bags Market is projected to experience significant growth at a high CAGR during the forecast period (2024-2031).

Non-PVC IV bags are intravenous bags made from materials other than polyvinyl chloride (PVC). They are designed for a range of applications including parenteral nutrition, rehydration solutions (such as sodium chloride, glucose, and lactated Ringer's solution), as well as certain antibiotics and analgesics for both hospital and veterinary use. Additionally, these bags can be utilized for collecting blood donations. The use of non-PVC materials helps to avoid potential issues associated with PVC, such as leaching of harmful chemicals.

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Market Trends:

The rising Prevalence of Cancer is expected to drive the growth of the market.
The demand for non-PVC IV bags is increasing, driven by the need for safe and effective chemotherapy and targeted drug delivery in oncology. Traditional plasticizers in PVC can interact with therapeutic agents, potentially transforming them into harmful substances. Non-PVC IV bags, made from Polypropylene (PP) and Ethylene-Vinyl Acetate (EVA), offer a solution by eliminating these plasticizers and reducing the risk of such interactions.

Cancer treatments often cause significant physical disruptions, including gastrointestinal dysfunction and ulcers, which affect the body's ability to absorb nutrients. As a result, external nutritional support via IV bags becomes crucial. The rising incidence of cancer globally has further heightened the demand for these specialized IV bags.

According to the World Health Organization (WHO), cancer was the second leading cause of death worldwide in 2018, accounting for approximately 9.6 million deaths, or 1 in 6 deaths. In the United States, the American Cancer Society estimated over 1.7 million new cancer cases in 2019. Similarly, Cancer Research UK reported around 367,000 new cancer cases annually in the UK. This increasing prevalence of cancer underscores the growing need for IV solutions, driving market expansion.

Market Segmentation:

By Type: Single-chambered, Multi-chambered.

By Material: Polyethylene IV Bag, Polypropylene (PP) IV Bag, Ethylene-vinyl acetate (EVA) IV Bag, Others.

By Content: Frozen Mixture, Liquid Mixture.

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Major Key Players:

• Baxter
• Angiplast Pvt. Ltd.
• PolyCine GmbH
• RENOLIT
• Kraton Corp.
• B. Braun Melsungen AG
• Pfizer, Inc.
• Otsuka
• Fresenius Group
• Shanghai Xin Gen Eco-Technologies Co., Ltd.
• Jiangxi SanxinMedtec Co., Ltd.

Product Portfolio:

Baxter International Inc., headquartered in Deerfield, Illinois, is a major American healthcare company focusing on treatments for hemophilia, kidney disease, immune disorders, and other medical conditions. Its Bioscience division produces recombinant and plasma-based therapies for bleeding disorders and immune deficiencies, along with regenerative medicine and vaccines. The Medical Products division offers intravenous solutions, inhalational anesthetics, contract manufacturing services, and treatments for end-stage kidney disease.

Regional Analysis:

The global Non-PVC IV Bags Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Non-PVC IV Bags Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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