Italy Empty Iv Bags Market Size & Outlook, 2021-2030
Italy empty iv bags market, 2018-2030 (US$M)
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Italy empty iv bags market highlights
- The Italy empty iv bags market generated a revenue of USD 119.4 million in 2021 and is expected to reach USD 238.7 million by 2030.
- The Italy market is expected to grow at a CAGR of 8% 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 119.4 million |
| Market revenue in 2030 | USD 238.7 million |
| Growth rate | 8% (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, Italy accounted for 2.8% 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 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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Italy 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 50.67% in 2021. Horizon Databook has segmented the Italy empty iv bags market based on pvc, non-pvc covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in geriatric population, who are more susceptible to chronic conditions, such as cardiovascular disease, diabetes, kidney disorders, and musculoskeletal conditions, is a major market driver. Statistics from 2017 stated that nearly 23% of the total population in the country was aged 65 years & above, and about 7% was over 80 years.
Since, undernourishment is common amongst older people over age 60 years, therefore, such factors are anticipated to impel market growth. Furthermore, presence of well-developed healthcare services in Italy is another major factors driving the market growth. The NHS in Italy covers all citizens and foreign residents for healthcare services.
For instance, as per Commonwealth Fund, public financing in Italy accounted for 74.2% of total health spending in 2018. Such factors are likely to boost the empty IV bags market in Italy. Moreover, presence of key players, such as Baxter International, and B. Braun Melsungen AG, is expected to drive Italy empty IV bags market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy empty iv bags market , including forecasts for subscribers. This country databook contains high-level insights into Italy empty iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy empty iv bags market size, by product, 2018-2030 (US$M)
Italy Empty IV Bags Market Outlook Share, 2021 & 2030 (US$M)
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