Middle East & Africa Empty Iv Bags Market Size & Outlook
Middle East & Africa empty iv bags market, 2018-2030 (US$M)
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MEA empty iv bags market highlights
- The MEA empty iv bags market generated a revenue of USD 120.7 million in 2021.
- The market is expected to grow at a CAGR of 9.1% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2030.
MEA data book summary
| Market revenue in 2021 | USD 120.7 million |
| Market revenue in 2030 | USD 263.8 million |
| Growth rate | 9.1% (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, MEA region accounted for 2.9% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Empty IV Bags Market Scope
Empty IV Bags Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 50.21% in 2021. Horizon Databook has segmented the Middle East & Africa empty iv bags market based on pvc, non-pvc covering the revenue growth of each sub-segment from 2018 to 2030.
Middle East and Africa market is expected to grow considerably over the forecast period. The countries with significant growth rate in this region are South Africa, Saudi Arabia, UAE, and Egypt. Factors that can be attributed to the growth of MEA empty IV bags market include growing geriatric population, increasing incidence of cardiovascular diseases, and rising adoption of safer alternatives.
With increasing government initiatives to develop healthcare infrastructure, the region is expected to witness an increase in the demand for empty IV bags for treatment of various diseases and conditions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa empty iv bags market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa empty iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA empty iv bags market size, by country, 2018-2030 (US$M)
Middle East & Africa Empty IV Bags Market Outlook Share, 2021 & 2030 (US$M)
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