Italy Non-pvc Iv Bags Market Size & Outlook, 2023-2030
Italy non-pvc iv bags market, 2018-2030 (US$M)
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Italy non-pvc iv bags market highlights
- The Italy non-pvc iv bags market generated a revenue of USD 52.9 million in 2023 and is expected to reach USD 108.7 million by 2030.
- The Italy market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
- In terms of segment, single chamber was the largest revenue generating product in 2023.
- Multi Chamber is the most lucrative product segment registering the fastest growth during the forecast period.
Non-pvc iv bags market data book summary
| Market revenue in 2023 | USD 52.9 million |
| Market revenue in 2030 | USD 108.7 million |
| Growth rate | 10.9% (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 |
Other key industry trends
- In terms of revenue, Italy accounted for 2.8% of the global non-pvc iv bags market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK non-pvc iv bags 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 181.2 million by 2030.
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Non-PVC IV Bags Market Scope
Non-PVC IV Bags Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy non-pvc iv bags 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 non-pvc iv bags market will help companies and investors design strategic landscapes.
Single chamber was the largest segment with a revenue share of 60.3% in 2023. Horizon Databook has segmented the Italy non-pvc iv bags market based on single chamber, multi chamber covering the revenue growth of each sub-segment from 2018 to 2030.
The growing geriatric population, which is more susceptible to chronic conditions, such as cardiovascular diseases, diabetes, kidney disorders, and musculoskeletal conditions, is a major market driver. According to the National Institutes of Health, as of 2022, the percentage of people aged 65 and above is about 24% of the total population in Italy and is expected to grow to 30% by 2040. Italy has the third oldest population in the world.
Older adults are more likely to suffer from chronic conditions that put them at risk of malnutrition. Therefore, such factors are anticipated to propel market growth. Furthermore, the presence of well-developed healthcare services in Italy is another major factor driving the market growth. The NHS in Italy covers healthcare services for all citizens and foreign residents.
For instance, as per Knoema, health expenditure per capita in Italy was USD 3,351 in 2021. Such factors are likely to boost the non-PVC IV bags market in Italy. Moreover, the presence of key players, such as Baxter International and B. Braun Melsungen AG, is expected to drive the market in Italy over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy non-pvc iv bags market , including forecasts for subscribers. This country databook contains high-level insights into Italy non-pvc iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy non-pvc iv bags market size, by product, 2018-2030 (US$M)
Italy Non-PVC IV Bags Market Outlook Share, 2023 & 2030 (US$M)
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