UK Empty Iv Bags Market Size & Outlook, 2021-2030
UK empty iv bags market, 2018-2030 (US$M)
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UK empty iv bags market highlights
- The UK empty iv bags market generated a revenue of USD 228.4 million in 2021 and is expected to reach USD 455.5 million by 2030.
- The UK 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 228.4 million |
| Market revenue in 2030 | USD 455.5 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, UK accounted for 5.4% 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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UK 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 50.79% in 2021. Horizon Databook has segmented the UK empty iv bags market based on pvc, non-pvc covering the revenue growth of each sub-segment from 2018 to 2030.
Rising government healthcare spending and higher disposable income are anticipated to boost the adoption of advanced technology in healthcare in the UK. Moreover, increasing incidence of cancer and various cardiovascular diseases in the country is expected to drive the market growth.
For instance, as per Cancer Research UK, there are around 375,000 new cancer cases in the country every year, that is around 1,000 every day (2016–2018). Similarly, according to British Heart Foundation, in the UK, around 7.4 million people are living with heart & circulatory diseases. Such factors are anticipated to boost the market in the country over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK empty iv bags market , including forecasts for subscribers. This country databook contains high-level insights into UK empty iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK empty iv bags market size, by product, 2018-2030 (US$M)
UK Empty IV Bags Market Outlook Share, 2021 & 2030 (US$M)
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