Market revenue in 2023 | USD 66.9 million |
Market revenue in 2030 | USD 150.3 million |
Growth rate | 12.2% (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 60.99% in 2023. Horizon Databook has segmented the India non-pvc iv bags market based on single chamber, multi chamber covering the revenue growth of each sub-segment from 2018 to 2030.
The growth and enhancement of healthcare infrastructure in India is expected to significantly impact the need for medical devices and products, such as IV bags. Rising awareness of environmentally friendly and safer materials is likely to prompt a transition toward non-PVC alternatives. The non-PVC IV bags market in India is expected to exhibit substantial growth in the coming years.
This surge can be attributed to the increasing awareness regarding the risks linked to PVC usage, rising need for safer medical products, and supportive government policies. Major players in the market are directing their efforts toward broadening their range of products, investing in R&D, and adopting cost-effective strategies to establish a competitive advantage.
Some of the companies operating in India non-PVC IV bags market are ANGIPLAST PRIVATE LIMITED, Baxter, B. Braun SE, Pfizer, and Fresenius Kabi India Pvt. Ltd.
Horizon Databook provides a detailed overview of country-level data and insights on the India non-pvc iv bags market , including forecasts for subscribers. This country databook contains high-level insights into India non-pvc iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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