Kuwait Non-pvc Iv Bags Market Size & Outlook, 2023-2030
Kuwait non-pvc iv bags market, 2018-2030 (US$M)
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Kuwait non-pvc iv bags market highlights
- The Kuwait non-pvc iv bags market generated a revenue of USD 3.8 million in 2023 and is expected to reach USD 8.7 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 12.7% 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 3.8 million |
| Market revenue in 2030 | USD 8.7 million |
| Growth rate | 12.7% (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 |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.2% 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 Middle East & Africa, South Africa non-pvc iv bags market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 8.7 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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Kuwait 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 57.89% in 2023. Horizon Databook has segmented the Kuwait 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 incidence of chronic illnesses such as cardiovascular conditions, cancer, and diabetes is a key factor propelling the growth of non-PVC IV bags market. These bags, recognized for their safety in administering particular medications, are preferred in the treatment of chronic diseases.
Moreover, the heightened awareness regarding patient safety concerns associated with specific materials in medical devices is likely to encourage healthcare providers to choose non-PVC IV bags, given their established safety profile in delivering specific medications. In Kuwait, NCDs are a leading cause of death.
According to data published by National Library of Medicine in 2022, 25% of individuals in Kuwait reported having at least one NCD. These factors are expected to propel the market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait non-pvc iv bags market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait non-pvc iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait non-pvc iv bags market size, by product, 2018-2030 (US$M)
Kuwait Non-PVC IV Bags Market Outlook Share, 2023 & 2030 (US$M)
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