India Medical Rubber Stopper Market Size & Outlook
The medical rubber stopper market in India is expected to reach a projected revenue of US$ 51.1 million by 2030. A compound annual growth rate of 6.3% is expected of India medical rubber stopper market from 2024 to 2030.
Revenue, 2023 (US$M)
$33.4
Forecast, 2030 (US$M)
$51.1
CAGR, 2024 - 2030
6.3%
Report Coverage
India
India medical rubber stopper market, 2018-2030 (US$M)
Related Markets
India medical rubber stopper market highlights
- The India medical rubber stopper market generated a revenue of USD 33.4 million in 2023 and is expected to reach USD 51.1 million by 2030.
- The India market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, teflon coated was the largest revenue generating surface treatment in 2023.
- Teflon Coated is the most lucrative surface treatment segment registering the fastest growth during the forecast period.
Medical rubber stopper market data book summary
| Market revenue in 2023 | USD 33.4 million |
| Market revenue in 2030 | USD 51.1 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Teflon coated |
| Fastest growing segment | Teflon Coated |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Siliconized, Teflon Coated, Uncoated Stoppers |
| Key market players worldwide | AptarGroup Inc, West Pharmaceutical Services Inc, Samsung Electronics Co Ltd, Daetwyler Holding AG, Bharat Rubber Works, Jiangyin Hongmeng Rubber and Plastic Products Co., Universal Medicap, Lonstroff, Bormioli Pharma, Sagar Rubber Products |
Other key industry trends
- In terms of revenue, India accounted for 1.9% of the global medical rubber stopper market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China medical rubber stopper market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 74.4 million by 2030.
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Medical Rubber Stopper Market Scope
Medical rubber stopper market segmentation & scope
Medical Rubber Stopper Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India medical rubber stopper 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 medical rubber stopper market will help companies and investors design strategic landscapes.
Teflon coated was the largest segment with a revenue share of 68.56% in 2023. Horizon Databook has segmented the India medical rubber stopper market based on siliconized, teflon coated, uncoated stoppers covering the revenue growth of each sub-segment from 2018 to 2030.
- India Medical Rubber Stopper Surface Treatment Outlook (Revenue, USD Million, 2018-2030)
- Siliconized
- Teflon Coated
- Uncoated Stoppers
- India Medical Rubber Stopper Application Outlook (Revenue, USD Million, 2018-2030)
- Laboratory
- Diagnostic
- Human Injectable
- Animal Injectable
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Horizon Databook provides a detailed overview of country-level data and insights on the India medical rubber stopper market , including forecasts for subscribers. This country databook contains high-level insights into India medical rubber stopper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India medical rubber stopper market size, by surface treatment, 2018-2030 (US$M)
India Medical Rubber Stopper Market Outlook Share, 2023 & 2030 (US$M)
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