High Demand for Environment-friendly Materials to Drive Market

Ethylene-vinyl acetate (EVA) infusion bags are increasingly being used across the healthcare sector in clinics, ambulatory surgical centers, and hospitals. The considerable rise in the prevalence of chronic diseases such as cancer and kidney-related medical conditions is one of the key factors expected to augment the demand for ethylene-vinyl acetate (EVA) infusion bags in the upcoming years. Players operating in the current ethylene-vinyl acetate (EVA) infusion bags market landscape are increasingly focusing on improving functional and physical aspects of their products by focusing on product innovation and development. Moreover, a range of manufacturers operating in the current market for ethylene-vinyl acetate (EVA) infusion bags are offering EVA bags in different sizes as per the requirement of the application.

Ethylene-vinyl acetate (EVA) infusion bags offer physiochemical stability for around a week without the exposure of light due to which, the adoption rate continues to move in the upward trajectory. In addition, manufacturers involved in the current ethylene-vinyl acetate (EVA) infusion bags market landscape are increasingly focusing on using the best-quality material and components that are in line with the laid down regulatory guidelines and framework. The growing focus on improving patient care across the world is another major factor that is likely to propel the global ethylene-vinyl acetate (EVA) infusion bags market during the forecast period.

At the back of these factors, the global ethylene-vinyl acetate (EVA) infusion bags market is on course to reach a market value of ~US$ 266 Mn by the end of 2030.

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Ethylene-vinyl to Replace PVC, Likely to Witness Rise in Demand

Over the past few years, owing to the ruggedness and long-term economic benefits, flexible PVC is increasingly being used as an alternative to glass containers in the healthcare sector. However, in the medical bags sphere, PVC has come under notable scrutiny due to health concerns associated with it due to which, ethylene-vinyl acetate (EVA) infusion bags have gradually received considerable attention. Over the past decade, ethylene-vinyl acetate (EVA) infusion bags are being preferred over conventional PVC bags, and the trend is projected to gain further momentum in the upcoming years. This factor is expected to boost the growth of the global ethylene-vinyl acetate (EVA) infusion bags market during the assessment period.

Moreover, the increasing use of ethylene-vinyl acetate (EVA) infusion bags in IV therapy and medical device applications is expected to play a key role in driving the global ethylene-vinyl acetate (EVA) infusion bags market. Ethylene-vinyl acetate (EVA) infusion bags are lighter, more robust, prevent optimum protection from contamination, prevents leakage, and do not contain any plasticizer or chlorine. This is likely to fuel the growth of the global ethylene-vinyl acetate (EVA) infusion bags market. In addition, ethylene-vinyl acetate (EVA) infusion bags offer excellent printability in comparison with the regular PVC bags, which enable the healthcare professionals to clearly see the “fill lines”. This feature of ethylene-vinyl acetate (EVA) infusion bags has attracted considerable attention from the healthcare sector worldwide.

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Demand for Non-toxic Materials to Boost Market Growth amid COVID-19 Pandemic

Although the COVID-19 pandemic is projected to derail the growth of several core industries, including automotive, consumer electronics, construction, and hospitality, the growth of the ethylene-vinyl acetate (EVA) infusion bags market is estimated to remain steady amid the COVID-19 crisis. The demand for ethylene-vinyl acetate (EVA) infusion bags across hospitals and clinics in both, developed as well developing regions is expected to remain steady due to which, the sales of ethylene-vinyl acetate (EVA) infusion bags are likely to remain unaffected. The increasing focus on minimizing human medical errors and implementing a preventive framework to reduce these errors is expected to provide considerable opportunities to the players operating in the current ethylene-vinyl acetate (EVA) infusion bags market during the assessment period.

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Analysts’ Viewpoint

The global ethylene-vinyl acetate (EVA) infusion bags market is anticipated to expand at a healthy CAGR of ~7% during the forecast period. The market growth can be primarily attributed to significant rise in the prevalence of chronic diseases including cancer and kidney diseases, focus on using non-toxic and environment-friendly materials, and growth in adoption of ethylene-vinyl acetate (EVA) infusion bags for medical device applications and IV therapy. Product innovation and development will remain key to the overall growth of the global ethylene-vinyl acetate (EVA) infusion bags market in the upcoming years.

Ethylene-vinyl Acetate (EVA) Infusion Bags Market: Overview

  • This report analyzes the current and future prospects of the global ethylene-vinyl acetate (EVA) infusion bags market. Increase in incidence rate of chronic diseases such as cancer and chronic kidney diseases, and advantages of EVA bags over conventional PVC bags are the key factors projected to fuel the growth of the global ethylene-vinyl acetate (EVA) infusion bags market during the forecast period.
  • The report provides an elaborate executive summary, which comprises a snapshot of the various segments of the global ethylene-vinyl acetate (EVA) infusion bags market. The report also provides information and data analysis of the global ethylene-vinyl acetate (EVA) infusion bags market with regard to segments based on chamber, capacity, end user, and region.
  • The overview section of the report provides detailed qualitative analysis of drivers and restraints impacting the global ethylene-vinyl acetate (EVA) infusion bags market, along with opportunities in the global market
  • Additionally, the global ethylene-vinyl acetate (EVA) infusion bags market report includes company profiles and competitive matrix, which provide data about their businesses, product portfolios, and competitive landscape in the global ethylene-vinyl acetate (EVA) infusion bags market
  • The report includes data analysis on the ethylene-vinyl acetate (EVA) infusion bags market attractiveness by region and segments
  • The last section of the report provides quantitative and qualitative analysis on market share of key players operating in the global ethylene-vinyl acetate (EVA) infusion bags market. It elaborates the key competitive strategies adopted by the major industry players, thereby presenting a thorough understanding of the competitive scenario in the global ethylene-vinyl acetate (EVA) infusion bags market.

Ethylene-vinyl Acetate (EVA) Infusion Bags Market: Key Segments

  • In terms of chamber, the global ethylene-vinyl acetate (EVA) infusion bags market has been bifurcated into single chamber and multi-chamber
  • The single chamber segment held major share of the global ethylene-vinyl acetate (EVA) infusion bags market in 2019
  • Based on capacity, the global ethylene-vinyl acetate (EVA) infusion bags market has been classified into 50 to 150 mL, 150 to 500 mL, 500 to 1,500 mL, 1,500 to 3,500 mL, and others (4,000 mL, 5,00 mL, etc.). The 150 to 500 mL segment is likely to dominate the global ethylene-vinyl acetate (EVA) infusion bags market during the forecast period.
  • In terms of end user, the global ethylene-vinyl acetate (EVA) infusion bags market has been categorized into hospitals, clinics, ambulatory surgical centers, and others. The hospitals segment is projected to lead the global ethylene-vinyl acetate (EVA) infusion bags market during the forecast period.
  • The market size and forecast for each of these segments have been provided from 2018 to 2030. The CAGR of respective segment has also been provided for the forecast period from 2020 to 2030, considering 2019 as the base year.

Ethylene-vinyl Acetate (EVA) Infusion Bags Market: Regional Outlook

  • In terms of region, the global ethylene-vinyl acetate (EVA) infusion bags market has been segmented into North America (U.S. and Canada), Europe (U.K., Germany, Spain, Italy, France, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (GCC Countries, South Africa, and Rest of Middle East & Africa)
  • The report provides market size and forecast for each region and country/sub-region from 2018 to 2030. Compound annual growth rates (CAGRs) of each of these regions and countries have also been provided for the forecast period from 2020 to 2030, considering 2019 as the base year. The ethylene-vinyl acetate (EVA) infusion bags market study also covers the competitive scenario in these regions.

Companies Mentioned in Report

  • Key players in the global ethylene-vinyl acetate (EVA) infusion bags market have been profiled based on key aspects such as company overview, product portfolio, financial overview, recent developments, and competitive business strategies
  • Major companies profiled in the global ethylene-vinyl acetate (EVA) infusion bags market report are
    • B. Braun Melsungen AG
    • ICU Medical, Inc.
    • Baxter International, Inc.
    • Fresenius Kabi AG
    • Technoflex
    • The Metrix Company
    • McKesson Medical-Surgical, Inc.
    • AdvaCare Pharma
    • Valmed
    • Haemotronic

Ethylene-vinyl Acetate (EVA) Infusion Bags Market – Scope of the Report

TMR’s report on the ethylene-vinyl acetate (EVA) infusion bags market studies the past as well as the current growth trends and opportunities to gain valuable insights of these indicators for the market over the forecast period from 2020 to 2030. The report provides the overall revenue of the global ethylene-vinyl acetate (EVA) infusion bags market for the period 2018–2030, considering 2019 as the base year and 2030 as the forecast year. The report also provides the compound annual growth rate (CAGR) of the global ethylene-vinyl acetate (EVA) infusion bags market for the forecast period, 2020–2030.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with industry leaders and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the ethylene-vinyl acetate (EVA) infusion bags market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various phenomena in the global ethylene-vinyl acetate (EVA) infusion bags market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the ethylene-vinyl acetate (EVA) infusion bags market. These indices serve as valuable tools for existing market players as well as for entities interested in participating in the ethylene-vinyl acetate (EVA) infusion bags market.

The report also delves into the competition landscape of the global ethylene-vinyl acetate (EVA) infusion bags market. Key players operating in the ethylene-vinyl acetate (EVA) infusion bags market are identified and each one of these is profiled for distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players in the ethylene-vinyl acetate (EVA) infusion bags market that are profiled in this report.

Key Questions Answered in Ethylene-vinyl Acetate (EVA) Infusion Bags Market Report

  1. How does the development of ethylene-vinyl acetate (EVA) infusion bags provides scope of growth in the ethylene-vinyl acetate (EVA) infusion bags market?
  2. How alliances and partnerships between players are widening the scope of new line of technologies for ethylene-vinyl acetate (EVA) infusion bags?
  3. What are the revenue share projections of key segments under various criteria in the ethylene-vinyl acetate (EVA) infusion bags market during the forecast period?
  4. Which segment is likely to register leading revenue until the end of the forecast period in 2030?
  5. How is the evolving healthcare system in developing countries of Asia Pacific making an impact on the overall ethylene-vinyl acetate (EVA) infusion bags market?

Ethylene-vinyl Acetate (EVA) Infusion Bags Market – Research Objectives and Research Approach

The comprehensive report on the global ethylene-vinyl acetate (EVA) infusion bags market begins with an overview of the market, followed by the scope and objectives of this study. Following this, the report provides detailed explanation of the objectives behind this study and healthcare compliances laid down by accredited agencies in the purview of line of procedure for ethylene-vinyl acetate (EVA) infusion bags.

For reading comprehensibility, the report is compiled in a chapter-wise layout, with each section further divided into smaller sections. The entire report comprises an exhaustive collection of graphs and tables that are appropriately interspersed in the entire compilation. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the ethylene-vinyl acetate (EVA) infusion bags market in terms of chamber, capacity, end user, and region. Key segments under each criteria are studied at length, and the market share for each of these at the end of 2030 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global ethylene-vinyl acetate (EVA) infusion bags market.

Ethylene-vinyl Acetate (EVA) Infusion Bags Market – Segmentation

Chamber

  • Single Chamber
  • Multi-chamber

Capacity

  • 50 to 150 mL
  • 150 to 500 mL
  • 500 to 1,500 mL
  • 1,500 to 3,500 mL
  • Others (4,000 mL, 5,000 mL, etc.)

End User

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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