Thailand Non-pvc Iv Bags Market Size & Outlook, 2023-2030
Thailand non-pvc iv bags market, 2018-2030 (US$M)
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Thailand non-pvc iv bags market highlights
- The Thailand non-pvc iv bags market generated a revenue of USD 39.8 million in 2023 and is expected to reach USD 88.3 million by 2030.
- The Thailand market is expected to grow at a CAGR of 12.1% 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 39.8 million |
| Market revenue in 2030 | USD 88.3 million |
| Growth rate | 12.1% (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, Thailand accounted for 2.1% 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 Asia Pacific, China non-pvc iv bags market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 181.6 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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Thailand 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 59.55% in 2023. Horizon Databook has segmented the Thailand non-pvc iv bags market based on single chamber, multi chamber covering the revenue growth of each sub-segment from 2018 to 2030.
The healthcare industry's competitive environment, especially in the production of IV bags, can differ significantly. Key participants in this sector generally encompass pharmaceutical companies, medical device manufacturers, and specialized packaging firms. The growth of the non-PVC IV bags market depends on the product’s innovation, adherence to regulations, and cost-effectiveness.
Moreover, the increasing geriatric population and rising awareness among the people for the early diagnosis and treatments of chronic diseases are boosting the non-PVC IV bags market growth in Thailand. For instance, the reports published by International Agency for Research on Cancer (IARC) on Human Papillomavirus and Related Cancers in 2023 stated that annually, 9,158 women are diagnosed with cervical cancer, and 4,705 deaths occur due to this disease in Thailand.
Furthermore, cervical cancer stands as the third-most commonly occurring cancer in women in Thailand, and among women aged 15 to 44, it is the second-most prevalent cancer.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand non-pvc iv bags market , including forecasts for subscribers. This country databook contains high-level insights into Thailand non-pvc iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand non-pvc iv bags market size, by product, 2018-2030 (US$M)
Thailand Non-PVC IV Bags Market Outlook Share, 2023 & 2030 (US$M)
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