Market revenue in 2021 | USD 1,703.3 million |
Market revenue in 2030 | USD 3,570.0 million |
Growth rate | 8.6% (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 |
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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 50.34% in 2021. Horizon Databook has segmented the U.S. empty iv bags market based on pvc, non-pvc covering the revenue growth of each sub-segment from 2018 to 2030.
Presence of large number of international players in the U.S. is one of the factors responsible for its largest market share of more than 85.78% in 2020. In addition, factors such as higher healthcare expenditure and rapid adoption of safe IV solutions are boosting the market in the country.
Moreover, the country is anticipated to witness an increase in the adoption of non-PVC bags due to various benefits offered by these products such as easy recycling and availability of cost-effective alternatives such as presence of softeners.
Increasing number of people suffering from chronic conditions, such as cancer, gastrointestinal disease, and others, has led to need for empty IV bags in the healthcare settings. Moreover, demand for empty IV bags has increased in the country due to the high prevalence of stomach cancer.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. empty iv bags market , including forecasts for subscribers. This country databook contains high-level insights into U.S. empty iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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