Germany Empty Iv Bags Market Size & Outlook, 2021-2030
Germany empty iv bags market, 2018-2030 (US$M)
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Germany empty iv bags market highlights
- The Germany empty iv bags market generated a revenue of USD 198.0 million in 2021 and is expected to reach USD 408.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 8.4% 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 198.0 million |
| Market revenue in 2030 | USD 408.7 million |
| Growth rate | 8.4% (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, Germany accounted for 4.7% 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 Europe, UK empty iv bags market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 408.7 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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Germany 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 50.66% in 2021. Horizon Databook has segmented the Germany empty iv bags market based on pvc, non-pvc covering the revenue growth of each sub-segment from 2018 to 2030.
Germany empty IV bags market is anticipated to witness the fastest growth over the forecast period owing to presence of developed healthcare infrastructure. Easy availability of numerous PVC-based products offered by major and local players is responsible for the largest share held by PVC-based products.
However, non-PVC empty IV bags are expected to witness the fastest growth and are expected to hold the largest market share over the forecast period. The German Federal Institute for Drugs and Medical Devices has recommended the use of alternatives to PVC-based medical devices. Moreover, according to this recommendation, manufacturers are expected to develop safer alternatives to PVC-based products.
In addition, they are expected inform patients about the risk of phthalate exposure through PVC products and provide well-labelled devices with levels of DEHP present in a PVC-based product. Furthermore, the use of PVC-based products for neonatal care is strictly prohibited, thus driving the growth of non-PVC bags market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany empty iv bags market , including forecasts for subscribers. This country databook contains high-level insights into Germany empty iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany empty iv bags market size, by product, 2018-2030 (US$M)
Germany Empty IV Bags Market Outlook Share, 2021 & 2030 (US$M)
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