Latin America Empty Iv Bags Market Size & Outlook
Latin America empty iv bags market, 2018-2030 (US$M)
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Latin America empty iv bags market highlights
- The Latin America empty iv bags market generated a revenue of USD 235.0 million in 2021.
- The market is expected to grow at a CAGR of 7.7% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 235.0 million |
| Market revenue in 2030 | USD 457.1 million |
| Growth rate | 7.7% (CAGR from 2021 to 2030) |
| Largest segment | Pvc |
| Fastest growing segment | Non-PVC |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, Latin America region accounted for 5.6% of the global empty iv bags market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,729.3 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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Latin America 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 50.38% in 2021. Horizon Databook has segmented the Latin America empty iv bags market based on pvc, non-pvc covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America is anticipated to witness significant growth rate over the forecast period. Rapidly developing economies such as Brazil and Mexico are primarily driving the growth of Latin America empty IV bags market.
Geographical proximity to the U.S., increasing medical tourism from North America due to affordable healthcare facilities, time zone compatibility, increasing prevalence of chronic diseases, and availability of newer technologies are some of the major factors fueling the market. In addition, governments of various countries in the region are striving to improve healthcare infrastructure.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America empty iv bags market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America empty iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America empty iv bags market size, by country, 2018-2030 (US$M)
Latin America Empty IV Bags Market Outlook Share, 2021 & 2030 (US$M)
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