Canada Empty Iv Bags Market Size & Outlook, 2021-2030
Canada empty iv bags market, 2018-2030 (US$M)
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Canada empty iv bags market highlights
- The Canada empty iv bags market generated a revenue of USD 281.2 million in 2021 and is expected to reach USD 566.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.1% from 2022 to 2030.
- In terms of segment, pvc was the largest revenue generating product in 2021.
- Non-PVC is the most lucrative product segment registering the fastest growth during the forecast period.
Empty iv bags market data book summary
| Market revenue in 2021 | USD 281.2 million |
| Market revenue in 2030 | USD 566.0 million |
| Growth rate | 8.1% (CAGR from 2021 to 2030) |
| Largest segment | Pvc |
| Fastest growing segment | Non-PVC |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PVC, Non-PVC |
| Key market players worldwide | Baxter International Inc, B. Braun, ICU Medical Inc, JM Holdings Co Ltd, Fresenius SE & Co KGaA, BD |
Other key industry trends
- In terms of revenue, Canada accounted for 6.7% of the global empty iv bags market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. empty iv bags market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 3,570.0 million by 2030.
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Empty IV Bags Market Scope
Empty IV Bags Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada empty iv bags market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to empty iv bags market will help companies and investors design strategic landscapes.
Pvc was the largest segment with a revenue share of 50.82% in 2021. Horizon Databook has segmented the Canada empty iv bags market based on pvc, non-pvc covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is a rapidly developing market for empty IV bags owing to rising geriatric population, increasing government funding, and favorable reimbursement policies. In Canada, a major part of the healthcare is publicly funded, which has led to advancements in healthcare facilities.
This is expected to propel the market growth in Canada. Moreover, as per a survey by Canadian Medical Association in 2017, the number of surgeons has been rapidly increasing in the country, thus leading to an increase in the number of surgical procedures. These factors are anticipated to drive the demand for empty IV bags in Canada over the forecast period.
In Canada, a major part of the healthcare is publicly funded, which has led to advancements in healthcare facilities. This is expected to open doors for both local and international players to enter into the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada empty iv bags market , including forecasts for subscribers. This country databook contains high-level insights into Canada empty iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada empty iv bags market size, by product, 2018-2030 (US$M)
Canada Empty IV Bags Market Outlook Share, 2021 & 2030 (US$M)
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