Middle East & Africa Non-pvc Iv Bags Market Size & Outlook
Middle East & Africa non-pvc iv bags market, 2018-2030 (US$M)
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MEA non-pvc iv bags market highlights
- The MEA non-pvc iv bags market generated a revenue of USD 65.5 million in 2023.
- The market is expected to grow at a CAGR of 11.6% 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.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 65.5 million |
| Market revenue in 2030 | USD 140.9 million |
| Growth rate | 11.6% (CAGR from 2023 to 2030) |
| Largest segment | Single chamber |
| Fastest growing segment | Multi Chamber |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 3.5% of the global non-pvc iv bags market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 865.1 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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Middle East & Africa 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 59.54% in 2023. Horizon Databook has segmented the Middle East & Africa non-pvc iv bags market based on single chamber, multi chamber covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing healthcare expenditure and rising awareness about non-PVC IV bags are among the factors expected to drive the growth of non-PVC IV bags market over the forecast period. The increasing incidence of chronic diseases, such as cancer, diabetes, and cardiovascular diseases, is one of the major factors driving the market. These diseases can lead to an increase in hospital admissions and usage of medical facilities, thus boosting the demand for non-PVC IV bags.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa non-pvc iv bags market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa non-pvc iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA non-pvc iv bags market size, by country, 2018-2030 (US$M)
Middle East & Africa Non-PVC IV Bags Market Outlook Share, 2023 & 2030 (US$M)
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