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The non-PVC IV bags market share is expected to increase to USD 572.95 million from 2021 to 2026, at a CAGR of 5.43%.
This non-PVC IV bags market research report extensively covers non-PVC IV bags market segmentation by product (single chamber and multi chamber) and geography (North America, APAC, Europe, and Rest of World (ROW)).
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The non-PVC IV bags market report also offers information on several market vendors, including ANGIPLAST Pvt. Ltd., B Braun Melsungen AG, Baxter International Inc., Care Weller Co. Ltd., Fresenius SE and Co. KGaA, ICU Medical Inc., Jiangsu Eyoung Medical Devices Co. Ltd., Jiangxi Sanxin Medical Technology Co. Ltd., Kraton Corp., Otsuka Holdings Co. Ltd., PolyCine GmbH, RENOLIT SE, Sartorius AG, Sealed Air Corp., Sichuan Kelun Pharmaceutical Co. Ltd., Technoflex, and YangZhong Wealth Metal Co. LTD. among others. Furthermore, this report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.
Technavio categorizes the global non-PVC IV bags market as a part of the global healthcare supplies market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the non-PVC IV bags market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the non-PVC IV bags market encompasses successful business strategies deployed by the key vendors. The non-PVC IV bags market is fragmented and the vendors are deploying growth strategies such as the expansion of distribution channels to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The non-PVC IV bags market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
The report provides extensive information on the value chain analysis for the non-PVC IV bags market that vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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31% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for non-PVC IV bags in APAC. Market growth in this region will be faster than the growth of the market in other regions.
North America is another potential market for non-PVC IV bags. The presence of major manufacturers of medical equipment and supplies and the growing use of multi-chamber non-PVC IV bags during cancer treatments will facilitate the non-PVC IV bags market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak of COVID-19 has significantly affected the population in the region, especially in the US. However, the demand for non-PVC IV bags increased in 2021, owing to the resumption of regular surgical procedures and treatments in the region. The non-PVC IV market in the region is expected to grow during the forecast period.
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The non-PVC IV bags market share growth by the single chamber segment will be significant during the forecast period. The growth is attributed to the high demand for single chamber non-PVC IV bags in hospitals, including both multispecialty hospitals and general government hospitals, to provide IV solutions to prevent dehydration, maintain blood pressure, and provide medicines or nutrients to patients.
This report provides an accurate prediction of the contribution of all the segments to the growth of the non-PVC IV bags market size and actionable market insights on post COVID-19 impact on each segment.
Non-PVC IV Bags Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of 5.43% |
Market growth 2022-2026 |
$ 572.95 million |
Market structure |
Fragmented |
YoY growth (%) |
6.05 |
Regional analysis |
North America, APAC, Europe, and Rest of World (ROW) |
Performing market contribution |
APAC at 31% |
Key consumer countries |
US, China, India, UK, and Germany |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
ANGIPLAST Pvt. Ltd., B Braun Melsungen AG, Baxter International Inc., Care Weller Co. Ltd., Fresenius SE and Co. KGaA, ICU Medical Inc., Jiangsu Eyoung Medical Devices Co. Ltd., Jiangxi Sanxin Medical Technology Co. Ltd., Kraton Corp., Otsuka Holdings Co. Ltd., PolyCine GmbH, RENOLIT SE, Sartorius AG, Sealed Air Corp., Sichuan Kelun Pharmaceutical Co. Ltd., Technoflex, and YangZhong Wealth Metal Co. LTD. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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