Market revenue in 2023 | USD 34.6 million |
Market revenue in 2030 | USD 68.4 million |
Growth rate | 10.2% (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 |
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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 58.09% in 2023. Horizon Databook has segmented the Sweden non-pvc iv bags market based on single chamber, multi chamber covering the revenue growth of each sub-segment from 2018 to 2030.
The market in Sweden is driven by the increasing prevalence of cancer and the expanding geriatric population. For instance, according to Statistics Sweden (SCB), the population aged 80 and above is estimated to reach 11 million by 2028. Elderly patients often require specialized medications or formulations that are best administered intravenously.
This requirement influences the types and quantities of IV bags needed in healthcare settings. Furthermore, according to Socialstyrelsen, the National Board of Health and Welfare, in 2021, 75,313 malignant tumors for 68,810 people were reported to the National Cancer Registry. Around 8,619 women were diagnosed with breast cancer in 2021. Cancer treatment often involves a combination of medications, fluids, and supportive care.
As a result, there is a need for a variety of IV bags for different purposes, including hydration, administering medications, and managing adverse effects, which is expected to drive the market. However, absence of major market players in Sweden due to a low rate of awareness about advancements in healthcare may hinder the market growth over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Sweden non-pvc iv bags market , including forecasts for subscribers. This country databook contains high-level insights into Sweden non-pvc iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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