Italy Medical Rubber Stopper Market Size & Outlook
Italy medical rubber stopper market, 2018-2030 (US$M)
Related Markets
Italy medical rubber stopper market highlights
- The Italy medical rubber stopper market generated a revenue of USD 66.9 million in 2023 and is expected to reach USD 93.7 million by 2030.
- The Italy market is expected to grow at a CAGR of 4.9% 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 66.9 million |
| Market revenue in 2030 | USD 93.7 million |
| Growth rate | 4.9% (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, Italy accounted for 3.8% 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 Europe, Germany medical rubber stopper 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 121.8 million by 2030.
Teflon coated was the largest segment with a revenue share of 65.17% in 2023. Horizon Databook has segmented the Italy medical rubber stopper market based on siliconized, teflon coated, uncoated stoppers covering the revenue growth of each sub-segment from 2018 to 2030.
Plastic surgery is highly popular in Italy. According to the International Society of Aesthetic Plastic Surgery data for 2021, the country ranks in the top 10 positions for global cosmetic-related surgical and non-surgical procedures.
Breast surgery and eyelid surgery are particularly popular, according to the International Society of Aesthetic Plastic Surgery. The growing popularity of cosmetic surgery is expected to drive the demand for human injectables, thus contributing to the stopper market growth.
According to Istituto per gli Studi di Politica Internazionale (ISPI), i.e., the Italian Institute for International Political Studies, Italy is experiencing the fastest growth in the aging population. According to the World Bank Group, the population of ages 65 and above is following an upward trend and was 24% of the overall population in 2022.
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Medical Rubber Stopper Market Scope
Medical Rubber Stopper Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy medical rubber stopper market size, by surface treatment, 2018-2030 (US$M)
Italy Medical Rubber Stopper Market Outlook Share, 2023 & 2030 (US$M)
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