UK Non-pvc Iv Bags Market Size & Outlook, 2023-2030
UK non-pvc iv bags market, 2018-2030 (US$M)
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UK non-pvc iv bags market highlights
- The UK non-pvc iv bags market generated a revenue of USD 107.9 million in 2023 and is expected to reach USD 228.4 million by 2030.
- The UK market is expected to grow at a CAGR of 11.3% 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 107.9 million |
| Market revenue in 2030 | USD 228.4 million |
| Growth rate | 11.3% (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, UK accounted for 5.8% 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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UK 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 61.54% in 2023. Horizon Databook has segmented the UK non-pvc iv bags market based on single chamber, multi chamber covering the revenue growth of each sub-segment from 2018 to 2030.
The UK operates a universal healthcare system that extends free healthcare services to most of its population through national healthcare centers. The increasing elderly demographic in the UK is expected to drive market expansion. For instance, as per The House of Commons Library, approximately one-fifth (12.3 million people or 19%) of the UK’s population was 65 or older in 2019.
Furthermore, it stated that there would be a rapid increase in the elderly population, potentially reaching up to 24% of the total population by 2043. The geriatric population is more susceptible to various chronic disorders, some of which may require hospitalization for surgeries and related procedures. This increase in hospitalization is expected to drive the market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK non-pvc iv bags market , including forecasts for subscribers. This country databook contains high-level insights into UK non-pvc iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK non-pvc iv bags market size, by product, 2018-2030 (US$M)
UK Non-PVC IV Bags Market Outlook Share, 2023 & 2030 (US$M)
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