Eurolife Healthcare Is Contributing To The Growth Of The IV Infusion Bottle Seals & Caps Market With The Investment Of INR 100 Crores For Expanding Production Of Closed Intravenous Infusion Bottles
The increasing prevalence of chronic disorders is expanding the global IV infusion bottle seals & caps market size. For instance, according to a report by World Health Organization (WHO), 2017, chronic diseases are the major cause of disabilities, worldwide. Moreover, 73% of deaths in 2020 are expected to be due to chronic diseases. In addition, four of the most prominent chronic diseases include cardiovascular, cancer, pulmonary, and type 2 diabetes. According to the World Health Organization (WHO), around 18.1 million cancer cases and 9.6 million deaths were registered globally in 2018. The increasing cancer burden is due to several factors, including population growth and the geriatric population. Asia Pacific is expected to dominate the global IV infusion bottle seals & caps market and this is attributed to the increasing investment in the packaging industry key players in the region. For instance, in August 2020, Creador, a Malaysia-based private equity firm inves...