According to Cognitive Market Research, the global Ravicti market size will be USD 105.20 million in 2024. It will expand at a compound annual growth rate (CAGR) of 26.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 42.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 24.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 31.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 24.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 28.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 5.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 25.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2.10 million in 2024 and will grow at a compound annual growth rate (CAGR) of 25.9% from 2024 to 2031.
The 25ml category is the fastest growing segment of the Ravicti industry