China Empty Iv Bags Market Size & Outlook, 2021-2030
China empty iv bags market, 2018-2030 (US$M)
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China empty iv bags market highlights
- The China empty iv bags market generated a revenue of USD 202.4 million in 2021 and is expected to reach USD 457.4 million by 2030.
- The China market is expected to grow at a CAGR of 9.5% 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 202.4 million |
| Market revenue in 2030 | USD 457.4 million |
| Growth rate | 9.5% (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, China accounted for 4.8% 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 Asia Pacific, Japan empty iv bags market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 457.4 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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China 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 50.94% in 2021. Horizon Databook has segmented the China empty iv bags market based on pvc, non-pvc covering the revenue growth of each sub-segment from 2018 to 2030.
The rise in geriatric population and government initiatives for minimizing risks over the treatment is expected to increase the adoption of empty IV bags in the country. In addition, the constant development of medical infrastructure and increasing investments by government & private players to promote adoption of safer and cost-effective healthcare solutions are fueling the growth of the market.
Thus, China is anticipated to provide growth opportunities to market players. Thus, geographic expansion by international players in China is expected to result in rapid growth of empty IV bags market.
Other driving factors for the region are fast economic growth, affordable devices, mergers & acquisitions, and government initiatives to improve healthcare service. The government has made significant investments to provide basic health insurance to all citizens.
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Horizon Databook provides a detailed overview of country-level data and insights on the China empty iv bags market , including forecasts for subscribers. This country databook contains high-level insights into China empty iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China empty iv bags market size, by product, 2018-2030 (US$M)
China Empty IV Bags Market Outlook Share, 2021 & 2030 (US$M)
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