Polypropylene IV Bags Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Drop in electrolyte levels is seen among patients suffering from fever and diarrhea. It may result in moderate to severe cases of dehydration. IV bags are often used to administer intravenous therapy for the treatment of such patients. IV bags can be made of PVC or Non-PVC material. Countries are trying to eliminate the use of PVC material. Hence, due to increasing hospital acquired diseases, the attention is being given to quality of care and that led to increased use of the non-PVC IV bags. These bags can be made up of various material including polypropylene. Polypropylene IV bags are the packaging of drug solutions in a reliable and tested container. They have several advantages such as less pollution, safe, compatible, lightweight, convenient, and low risk of contamination. They are available in different designs.

MARKET SCOPE

The "Global Polypropylene IV Bags Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the polypropylene IV bags market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading polypropylene IV bags market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•  Based on type, the global polypropylene IV bags market is segmented into 0-250 ml, 250-500 ml, 500-1000ml, above 1000 ml.
  
•  On the basis of application, the market is bifurcated into hospital, clinic, other.
  

MARKET DYNAMICS

Drivers

•  Technological advancements in providing quality of services and a increasing number of hospitals worldwide are driving the growth of the polypropylene IV bags market.
  
•  Growing stringent regulations associated with hospital acquired disease, the improper dose delivery and the need for product innovation boosts the market growth.
  
•  Development of healthcare infrastructure in emerging countries and growing number of patient flow in the healthcare settings propel the market growth.
  
•  Traditional IV containers results in interaction of drug with the packaging material, this factor favour the growth of the market.
  

Restraints

•  Collapsing of veins due to needle attachment for long period.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The polypropylene IV bags market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the polypropylene IV bags market in these regions.

IMPACT OF COVID-19 ON POLYPROPYLENE IV BAGS MARKET

COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. With the COVID-19 outbreak, the IV bags market faced challenges due to limited raw material availability and worker's isolation that led to slow down of manufacturing activities. However, conditions have been favoring IV bags sales, while physical stores sales may have suffered the market demand is met via surging ecommerce sales. Additionally, as after the spread of the virus, consumers have become more cautious about hygiene hence, manufacturers are focusing on using packaging materials that offer protection against transit contaminants. These factors are expected to favor the growth of the polypropylene IV bags market.

MARKET PLAYERS

The report covers key developments in the polypropylene IV bags market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from polypropylene IV bags market are anticipated to have lucrative growth opportunities in the future with the rising demand for polypropylene IV bags in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polypropylene IV bags market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  Technoflex
  
•  Sippex
  
•  B.Braun
  
•  Baxter
  
•  Renolit
  
•  Fresenius Kabi
  
•  Cisen Pharmaceutical
  
•  Hospira
  
•  ICU Medical
  
•  Well Pharma
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Polypropylene IV Bags Report Scope