Medical Specialty Bags Market: Global Market Estimation, Size, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Medical Specialty Bags Market By Product Type (Enteral Feeding Bags, Enema Bags, Anesthesia Breathing Bags, Urinary Collection Bags, I.V Fluids Bags, Ostomy Collection Bags, Continuous Ambulatory Peritoneal Dialysis (CAPD) Bags, Resuscitation Bags, Blood Bags, Bile Collection Bags, and Others), By End User (Hospitals, Ambulatory Surgical Centers, Home Healthcare, and Others), and Geography

 

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Report

Description

Medical specialty bags market size was valued at US$ 6.3 Billion in 2020 and is projected to reach US$ 10.18 Billion by 2027 at a CAGR of 7.1% during the forecast period 2021 to 2027. Medical specialty bags are the specially designed bags used in certain medical conditions such as blood storage, bile collection, enteral feeding, urine collection, and sterile packaging among others. Medical specialty bags majorly used in the hospital area for maintaining the sterilized conditions. Moreover, these bags also help in control of disease like bile leakage. Medical specialty bags Market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). This report on global market gives historical, current, and future market sizes (US$ Mn) of product type, end-user and geographic regions. This report studies global blood gas analyzers market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policymakers engaged in manufacturing and supply.

Medical Specialty Bags Market

MARKET SUMMARY
-
7.1% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR–7.1%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Medical Specialty Bags Market Analysis

  • In recent months, the market has been disrupted by the COVID-19 outbreak. However, as the global economy gradually opens, the market is steadily rebounding.
  • The global market is expected to witness a sluggish growth in first few months, however is expected to witness to get back to normalcy by the second half of 2021.
  • The major market participants are adopting the strategies such as mergers and acquisitions to position themselves as strong players.
Market Leaders
  • Braun Melsungen AG (Germany)
  • Baxter International Inc. (U.S.)
  • Coloplast A/S (Denmark)
  • Terumo Corporation (Japan)
  • Smiths Medical (U.S.)
  • Hollister Incorporated (U.S.)
  • ConvaTec Inc. (U.K)
  • Nolato AB (Sweden)
  • Medline Industries Inc. (U.S.)
  • C.R. Bard Inc. (U.S.)
Medical Specialty Bags Market

Drivers and Restraints

Increase in the number of hospital admissions and the rise in number of patients with unconsciousness due to various diseases are anticipated to fuel the global medical specialty bags market over the forecast period. Moreover, increase in the geriatric population, who are prone to urinary incontinence, rise in usage of blood bags for blood transfusion, grow in healthcare infrastructure investments, and rise in disposable income are anticipated to upsurge the revenue of global medical specialty bags over the forecast years. However, high competition between the market players leads to decrease in the product cost that may lead to negative revenue growth of global medical specialty bags market.


Medical Specialty Bags Market Regional Analysis

North America dominates the market

North America medical specialty bags market is growing due to increase in the prevalence of chronic diseases such as renal failures (according to Centers for Disease Control and Prevention (CDC) 2017 statistics, approximately 30 Mn people are suffering from acute and chronic renal diseases) and increase in awareness about the healthy life are propel the market. Europe medical specialty bags market has a prominent share attributed to increase in the number of laparoscopic cholecystectomy surgeries, rise in healthcare expenditure in developed countries such as Germany, and innovation of newer products are bolster the market. Asia Pacific medical specialty bags market is poised to grow at significant rate owing to increase in the blood transfusion cases due to rise in number of accidents and surgeries, rise in geriatric population with urine incontinence in India, China, and Japan, and entry of market players into Asia Pacific region are boost the market over the forecast years.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Medical Specialty Bags Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content


Report

Company Profile

  • Braun Melsungen AG (Germany)
  • Baxter International Inc. (U.S.)
  • Coloplast A/S (Denmark)
  • Terumo Corporation (Japan)
  • Smiths Medical (U.S.)
  • Hollister Incorporated (U.S.)
  • ConvaTec Inc. (U.K)
  • Nolato AB (Sweden)
  • Medline Industries Inc. (U.S.)
  • C.R. Bard Inc. (U.S.)

Description

Medical specialty bags market size was valued at US$ 6.3 Billion in 2020 and is projected to reach US$ 10.18 Billion by 2027 at a CAGR of 7.1% during the forecast period 2021 to 2027. Medical specialty bags are the specially designed bags used in certain medical conditions such as blood storage, bile collection, enteral feeding, urine collection, and sterile packaging among others. Medical specialty bags majorly used in the hospital area for maintaining the sterilized conditions. Moreover, these bags also help in control of disease like bile leakage. Medical specialty bags Market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). This report on global market gives historical, current, and future market sizes (US$ Mn) of product type, end-user and geographic regions. This report studies global blood gas analyzers market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policymakers engaged in manufacturing and supply.

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