Saudi Arabia Non-pvc Iv Bags Market Size & Outlook
Saudi Arabia non-pvc iv bags market, 2018-2030 (US$M)
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Saudi Arabia non-pvc iv bags market highlights
- The Saudi Arabia non-pvc iv bags market generated a revenue of USD 13.0 million in 2023 and is expected to reach USD 28.4 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 11.8% 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 13.0 million |
| Market revenue in 2030 | USD 28.4 million |
| Growth rate | 11.8% (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, Saudi Arabia accounted for 0.7% 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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Saudi Arabia 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% in 2023. Horizon Databook has segmented the Saudi Arabia non-pvc iv bags market based on single chamber, multi chamber covering the revenue growth of each sub-segment from 2018 to 2030.
The Saudi Arabia non-PVC IV bags market is expected to witness rapid growth due to the rising geriatric population and increasing incidence of chronic diseases. As per a report by NIH published in September 2023, in Saudi Arabia, there were around 27,885 new cases of cancer, resulting in approximately 13,069 fatalities. The increase in the prevalence of cancer is expected to drive the demand for non-PVC IV bags, thereby propelling market growth. Hence, these factors are expected to boost the non-PVC IV bags market in Saudi Arabia.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia non-pvc iv bags market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia non-pvc iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia non-pvc iv bags market size, by product, 2018-2030 (US$M)
Saudi Arabia Non-PVC IV Bags Market Outlook Share, 2023 & 2030 (US$M)
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