Market revenue in 2023 | USD 27.6 million |
Market revenue in 2030 | USD 56.0 million |
Growth rate | 10.7% (CAGR from 2023 to 2030) |
Largest segment | Single chamber |
Fastest growing segment | Multi Chamber |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Single Chamber, Multi Chamber |
Key market players worldwide | Baxter International Inc, B. Braun, Pfizer Inc, Fresenius SE & Co KGaA, Angiplast, Kraton Performance Polymers |
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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 non-pvc iv bags market will help companies and investors design strategic landscapes.
Single chamber was the largest segment with a revenue share of 59.78% in 2023. Horizon Databook has segmented the Denmark non-pvc iv bags market based on single chamber, multi chamber covering the revenue growth of each sub-segment from 2018 to 2030.
Denmark, known for its focus on sustainability and environmental friendliness, might exhibit an increasing preference for eco-friendly or recyclable materials in IV bags, aligning with the country's broader environmental policies. Denmark's healthcare system focuses on patient safety, quality care, and technological advancements.
The demand for non-PVC IV bags aligns with the country's commitment to providing efficient and safe medical treatments. Moreover, increasing incidence of chronic diseases, such as diabetes, cardiovascular diseases, and cancer, contribute to the need for IV therapy, thereby boosting the demand for IV bags. For instance, according to the data published by the State of Health in the EU, Denmark, Country Health Profile 2021, approximately one in three adults in Denmark has a chronic condition.
In 2019, about 31% of adults in Denmark reported having at least one chronic condition. Moreover, according to estimates from the Joint Research Centre based on incidence trends from previous years, there were around 40,000 new cases of cancer in Denmark in 2020. Thus, factors such as increased prevalence of chronic diseases and advancements in healthcare practices that require IV therapies are expected to boost the demand for IV bags, including non-PVC options.
Horizon Databook provides a detailed overview of country-level data and insights on the Denmark non-pvc iv bags market , including forecasts for subscribers. This country databook contains high-level insights into Denmark non-pvc iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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