Mexico Empty Iv Bags Market Size & Outlook, 2021-2030
Mexico empty iv bags market, 2018-2030 (US$M)
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Mexico empty iv bags market highlights
- The Mexico empty iv bags market generated a revenue of USD 83.4 million in 2021 and is expected to reach USD 163.2 million by 2030.
- The Mexico 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.
Empty iv bags market data book summary
| Market revenue in 2021 | USD 83.4 million |
| Market revenue in 2030 | USD 163.2 million |
| Growth rate | 7.7% (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, Mexico accounted for 2.0% 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 Latin America, Brazil empty iv bags market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 184.5 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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Mexico 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 50.12% in 2021. Horizon Databook has segmented the Mexico empty iv bags market based on pvc, non-pvc covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is anticipated to witness significant growth over the forecast period. Increasing healthcare spending capacity of the country is expected to boost the demand for technologically advanced healthcare solutions. In addition, with increase in disposable income, the citizens of the country are seeking safer and better healthcare solutions.
Increasing incidence of non-communicable diseases in the country is also expected to fuel the market growth. For instance, as per WHO, non-communicable diseases accounted for 80.0% of all deaths in 2016.
The high mortality rate can be controlled by improving access to advanced treatment. Such factors are anticipated to drive the market growth. Moreover, the government has imposed restrictions on the use of PVC as a raw material for the production of medical devices. This is supplementing the adoption of non-PVC empty IV bags in the country, thus, stimulating the growth of the market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico empty iv bags market , including forecasts for subscribers. This country databook contains high-level insights into Mexico empty iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico empty iv bags market size, by product, 2018-2030 (US$M)
Mexico Empty IV Bags Market Outlook Share, 2021 & 2030 (US$M)
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