U.S. Non-pvc Iv Bags Market Size & Outlook, 2023-2030
U.S. non-pvc iv bags market, 2018-2030 (US$M)
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U.S. non-pvc iv bags market highlights
- The U.S. non-pvc iv bags market generated a revenue of USD 719.4 million in 2023 and is expected to reach USD 1,515.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 11.2% 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 719.4 million |
| Market revenue in 2030 | USD 1,515.9 million |
| Growth rate | 11.2% (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 |
Other key industry trends
- In terms of revenue, U.S. accounted for 38.4% 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 North America, U.S. non-pvc iv bags market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,515.9 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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U.S. 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 63.51% in 2023. Horizon Databook has segmented the U.S. non-pvc iv bags market based on single chamber, multi chamber covering the revenue growth of each sub-segment from 2018 to 2030.
The rising prevalence of cancer is anticipated to boost the market growth over the forecast period. For instance, as per the American Cancer Society report, in 2022, there were an estimated 268,490 newly diagnosed cases of prostate cancer and 34,500 associated deaths in the U.S. Similarly, data from the American Society of Clinical Oncology (ASCO) estimates that about 151,030 adults in the U.S. are expected to be diagnosed with colorectal cancer in 2022.
Moreover, according to a January 2022 update from Breastcancer.org., around one in eight American women (or roughly 13%) is anticipated to develop invasive breast cancer at some point in life. This is expected to boost demand for non-PVC IV bags because cancer treatment causes the body to become malnourished and may cause reduced physical functioning, affect taste, smell, appetite, gastrointestinal disorders, and ulcers. As a result, patients are likely to require more parenteral nutrition, which is expected to drive market expansion.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. non-pvc iv bags market , including forecasts for subscribers. This country databook contains high-level insights into U.S. non-pvc iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. non-pvc iv bags market size, by product, 2018-2030 (US$M)
U.S. Non-PVC IV Bags Market Outlook Share, 2023 & 2030 (US$M)
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