Non-PVC IV Bags Market Regional Analysis

North America held the largest share of the non-PVC IV bags market. The need for non-PVC IV containers, which can treat patients without endangering them, has surged in the United States as a result of stringent rules aimed at enhancing patient safety. Additionally, as the incidence of stomach cancer has grown over the past few years, so too has the demand for IV bags. For instance, according to the American Cancer Society, there will likely be 27,600 cases of stomach cancer diagnosed in the United States in 2020, which implies that 11,010 patients will pass away from the disease. Stomach cancer patients are unable to swallow food, thus they must fully rely on total parenteral nutrition to meet their nutritional needs and ensure their life.

The highest CAGR is anticipated to be seen in the Asia-Pacific region over the foreseeable period. Increased foreign direct investment, the emergence of local manufacturers who spur demand abroad by offering goods at competitive prices, and the rapid development of the healthcare infrastructure, including an increase in the number of hospitals, clinics, and blood banks, are all factors that are significantly influencing the industry's expansion.