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Global Non-PVC IV Bags Market’s Surging Growth attributed to their Eco-Friendly Nature

Inkwood Research anticipates that the Global Non-PVC IV Bags Market is evaluated to project a CAGR of 7.23% in terms of revenue during the forecasting years of 2021-2028.

“Browse 41 Market Data Tables and 40 Figures spread over 190 Pages, along with an in-depth TOC on the Global Non-PVC IV Bags Market Forecast 2021-2028.”

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An intravenous bag (IV) bag is a sterile bag that holds fluids administered to a patient through intravenous therapy. These fluids can vary from medicines to saline. In terms of PVC IV bags, the packing materials and interaction of drugs are major concerns. Hence, there is a growing demand for non-PVC IV bags, given their eco-friendly nature and materials.

Eco-Friendly Nature of Non-PVC IV Bags propels Market Growth

PVC IV bags are gaining a bad reputation in the medical sector due to the phthalates leaching from equipment, which is hazardous to human health and the environment. At the same time, their disposal can lead to toxic HCL production. Such aspects contribute to acid rains. As a result, companies manufacture IV bags free of PVC, with environmental-friendly disposal, inertness required for IV medications, moisture-barrier, and thermal stability. For instance, Kaiser Permanente, as of January 2012, is adopting eco-friendlier PVC-free alternatives with regard to its IV medical equipment. Therefore, the healthcare industry’s significant strides to protect the safety and health of the patient population contribute to the global non-PVC IV bags market growth.



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Fastest-Growing Material: Polypropylene

Non-PVC materials like EVA (Ethylene Vinyl Acetate) have limitations like autoclaving sterilization. Polypropylene materials, unlike EVA, withstand autoclaving sterilization. For example, Kraton Performance Polymers develops ERS EBS bags that are resistant to steam sterilization. The other characteristics of polypropylene include low-temperature impact strength, flexibility, heat sealability, withstanding varied fluids, and transparency. 

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North America is the Largest Revenue-Generating Region

North America has several market players making progress in developing efficient IV bags. Also, several academic universities receive research grants for developing product alternatives. In addition, government initiatives to curb the use of phthalate bags, patient well-being, and environmental concerns offer ample growth opportunities. Moreover, there is a surging demand for bio-degradable IV bags, further contributing to market growth.

Given their toxic nature, the rising bans on PVC IV bags are leading to a shift in manufacturing capabilities from PVC IV bags to non-PVC IV bags. This further intensifies the degree of competitive rivalry. Baxter International Inc, B Braun Melsungen AG, Fresenius Kabi, Kraton Corporation, Pfizer Inc, etc., are among the key market players.

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Related Reports:

GLOBAL 3D MEDICAL IMAGING MARKET
GLOBAL GLUCOSE MONITORING SYSTEM MARKET
GLOBAL PULMONARY DRUG DELIVERY MARKET

 

 

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