Norway Non-pvc Iv Bags Market Size & Outlook, 2023-2030
Norway non-pvc iv bags market, 2018-2030 (US$M)
Related Markets
Norway non-pvc iv bags market highlights
- The Norway non-pvc iv bags market generated a revenue of USD 18.4 million in 2023 and is expected to reach USD 37.5 million by 2030.
- The Norway market is expected to grow at a CAGR of 10.7% 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 18.4 million |
| Market revenue in 2030 | USD 37.5 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 |
Other key industry trends
- In terms of revenue, Norway accounted for 1.0% 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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Norway 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 56.52% in 2023. Horizon Databook has segmented the Norway non-pvc iv bags market based on single chamber, multi chamber covering the revenue growth of each sub-segment from 2018 to 2030.
The non-PVC IV bags market in Norway is influenced by the adoption of these bags in healthcare facilities, regulatory changes, pricing strategies, and the effectiveness of these alternatives in clinical settings. As the awareness of health and environmental impact continues to grow, the demand for non-PVC IV bags is expected to rise, along with a high adoption rate in the Norwegian healthcare system.
Moreover, the growth of the market can be attributed to the rising geriatric population and increasing number of people suffering from several chronic disorders. According to Statistics Norway, the number of people aged above 70 was estimated to be 670,000. This number of estimated to grow and reach around 1.4 million by 2060. Elderly individuals are more prone to hospitalization due to their health conditions.
Hospital stays often involve the use of IV therapies for various treatments, contributing to the consistent demand for IV bags. Furthermore, age-related illnesses such as cardiovascular diseases, cancer, and renal issues often require ongoing treatments that involve intravenous therapies. Consequently, there is a consistent need for IV bags to administer medications and fluids, thereby propelling market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Norway non-pvc iv bags market , including forecasts for subscribers. This country databook contains high-level insights into Norway non-pvc iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Norway non-pvc iv bags market size, by product, 2018-2030 (US$M)
Norway Non-PVC IV Bags Market Outlook Share, 2023 & 2030 (US$M)
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