India Non-pvc Iv Bags Market Size & Outlook, 2023-2030
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India non-pvc iv bags market highlights
- The India non-pvc iv bags market generated a revenue of USD 66.9 million in 2023 and is expected to reach USD 150.3 million by 2030.
- The India market is expected to grow at a CAGR of 12.2% 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 66.9 million |
| Market revenue in 2030 | USD 150.3 million |
| Growth rate | 12.2% (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, India accounted for 3.6% 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 |
|---|---|---|---|---|
| Angiplast | View profile | 501-1000 | Ahmedabad, Gujarat, India, Asia | http://www.angiplast.com |
| Kraton Performance Polymers | View profile | 501-1000 | Houston, Texas, United States, North America | http://www.kraton.com/ |
| B. Braun | View profile | 10001+ | Chapeltown, Sheffield, United Kingdom, Europe | https://www.bbraun.co.uk |
| Fresenius SE & Co KGaA | View profile | 193865 | Else-Kroener-Strasse 1, Bad Homburg, HE, Germany, 61352 | https://www.fresenius.com |
| Pfizer Inc | View profile | 88000 | 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 | https://www.pfizer.com |
| Baxter International Inc | View profile | 60000 | One Baxter Parkway, Deerfield, IL, United States, 60015 | https://www.baxter.com |
India 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 60.99% in 2023. Horizon Databook has segmented the India non-pvc iv bags market based on single chamber, multi chamber covering the revenue growth of each sub-segment from 2018 to 2030.
The growth and enhancement of healthcare infrastructure in India is expected to significantly impact the need for medical devices and products, such as IV bags. Rising awareness of environmentally friendly and safer materials is likely to prompt a transition toward non-PVC alternatives. The non-PVC IV bags market in India is expected to exhibit substantial growth in the coming years.
This surge can be attributed to the increasing awareness regarding the risks linked to PVC usage, rising need for safer medical products, and supportive government policies. Major players in the market are directing their efforts toward broadening their range of products, investing in R&D, and adopting cost-effective strategies to establish a competitive advantage.
Some of the companies operating in India non-PVC IV bags market are ANGIPLAST PRIVATE LIMITED, Baxter, B. Braun SE, Pfizer, and Fresenius Kabi India Pvt. Ltd.
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Horizon Databook provides a detailed overview of country-level data and insights on the India non-pvc iv bags market , including forecasts for subscribers. This country databook contains high-level insights into India non-pvc iv bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India non-pvc iv bags market size, by product, 2018-2030 (US$M)
India Non-PVC IV Bags Market Outlook Share, 2023 & 2030 (US$M)
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