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Medical Specialty Bags Market

Medical Specialty Bags Market (Product Type - Anesthesia Breathing Bags, Bile Collection Bags, Ostomy Bags, Resuscitation Bags, Blood Bags, CAPD Bags, Enema Bags, Enteral Feeding Bags, IV Bags, and Urinary Collection Bags) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

A new age filled with technological advancements has been evident in the global healthcare segment for a while now. These technological developments are projected to facilitate the growth of the global medical specialty bags over the course of the given forecast period ranging from 2017 to 2025. Increasing demand for consumer-centric products and services, bettering patient awareness, and rising geriatric population are some of the other key factors that are projected to fuel the overall development of the global market in coming years.

There is a general tendency among the geriatric population to be vulnerable to disorders such as cardiovascular disorders and urinary tract infection among others. In addition to this preference by patients to these medical specialty bags, particularly from the geriatric population is also likely to help the development of the global market in the near future.

These specialty bags are typically used for different surgical processes including laparoscopic surgical processes and urinary surgical processes. The demand for such surgeries is increasing day by day because of their rising prevalence and thus are projected to help the development of the global market.

In terms of product, ostomy collection bags are particularly helpful because of the increasing surgeries and unavoidable physical disorders and is thus projected to help the development of the global market in the near future. The consumers are preferring these bags because of their uniform built, favorable compensation policies, easy availability of raw products, and overall cost-effectiveness. These qualities make medical specialty bags a highly affordable, flexible, and lucrative option for patients.

The outbreak of COVID-19 has impacted the market in recent months. However, the market is slowly recovering with the gradual opening of the world economy. 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.

Global Medical Specialty Bags Market: Snapshot

In a fairly consolidated global medical specialty bags market, product innovation and advancement are the key to stay competitive in this market. In addition, savvy players are shifting focus from mature markets in the West to emerging economies to tap growth opportunities. This is because modernization of healthcare infrastructure and adoption of safe healthcare practices in emerging economies is upping the demand for present-time medical equipment such as medical specialty bags.

Apart from this, the increasing incidence of chronic diseases and a growing geriatric population worldwide that is prone to urinary incontinence in leading to a surging demand for medical specialty bags. The increasing incidence of post-surgery complications and rising adoption of safe healthcare practices in emerging economies to prevent disease transmission is also having a positive bearing on the market’s growth.

A report by Transparency Market Research projects the global medical specialty bags market to expand at a CAGR of 5.5% between 2017 and 2025, for the market to reach a valuation of US$9,833.9 mn by the end of 2025 from US$6,323.1 mn in 2016.

medical specialty bags market

Tremendous Benefits for Treatment of Bowel Diseases Make Ostomy Bags Dominant

The report studies the global medical specialty bags market based on product type and geography. The segments of the medical specialty bags market depending upon product type are anesthesia breathing bags, ostomy bags, blood bags, enema bags, IV bags, bile collection bags, resuscitation bags, CAPD bags, urinary collection bags, enteral feeding bags, and others. Of them, ostomy bags holds dominance and the segment is expected to stay ahead vis-à-vis market share over the 2017-2025 period. This is mainly because of rising incidence of inflammatory bowel diseases wherein ostomy bags provide the necessary assistance to cure the condition. The prevalence of other diseases such as ulcerative colitis and Crohn’s disease also account for considerable demand for ostomy bags.

In 2016, the IV bag segment held the second-leading share of more than 23% in terms of value in the global medical specialty bags market. The growth of this segment is due to rising number of dehydration cases and an increasingly large number of medicines that require intravenous administration.

Favorable Reimbursement Plans for Dialysis in Japan to Push Growth in Asia Pacific

The report examines the global medical specialty bags market across the geographical segments of North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America led amongst all regional segments in 2016, and the region is expected to hold on to its lead position between 2017 and 2025. The North America medical specialty bags is expected to expand at a CAGR of 4.7% between 2017 and 2025. A well-established healthcare infrastructure and favorable reimbursement policies are the leading factors contributing to the growth of this regional market.

Europe is expected to account for second-leading share in the overall market over the forecast period. The region is expected to expand at a CAGR of 4.9% between 2017 and 2025. New product launches, increasing number of surgical procedures such as laparoscopic cholecystectomy along with rising healthcare expenditures are largely driving the Europe medical specialty bags market. Germany is a key domestic market in the region mainly due to a high budget for expansion of healthcare and developmental pursuits to attain the same.

Nevertheless, Asia Pacific is emerging as a significant regional market. Powered by Japan, the region is expected to display the leading CAGR of 6.0% between 2017 and 2025.

Prominent participants in the global medical specialty bas market profiled in this report are Coloplast A/S, Baxter International Inc., Hollister Incorporated, Terumo Corporation, Smiths Medica, ConvaTec Inc., B.Braun Melsungen AG, Medline Industries Inc., Nolato AB, and Macopharma.

Global Medical Speciality Bags Market to Expand with Advancements in Nephrology

The demand within the global medical specialty bags market is rising alongside advancements in healthcare practices. The presence of a seamless industry for managing offbeat healthcare practices has enabled the inflow of fresh revenues into the global speciality bags market. It is important for the medical industry to ensure safety in healthcare practices, while also fostering need management within healthcare. The use of medical specialty bags has emerged as a resilient contributor to the safety status of healthcare entities. This has also given an impetus to the growth of the global medical specialty bags market in recent years.

  • The growing inclination of the medical industry towards cleanliness and hygiene has enabled the inflow of fresh revenues into the medical specialty bags market. These bags can be used for a multitude of purposes ranging from invasive medical procedures to resuscitation technologies. Over the course of the next century, the total volume of revenues flowing into the global medical specialty bags market is slated to rise alongside advancements in enteral feeding. In addition to this, the relevance of using medical bags for patients aged above sixty has also unlocked new growth opportunities within the market.
  • The healthcare industry has made heavy investments towards improving the quality of life for patients suffering from chronic illnesses. Medical bags come in handy in facilitating proper inflow of liquids into the body of bed-ridden patients. Furthermore, the importance of using ostomy bags across the healthcare industry has also brought in fresh revenues into the market. The COVID-19 pandemic has further elevated the need for improved hygiene and sanitation across the medical industry. This has led to the adoption of new technologies such as enteral feeding bags across the medical domain. Henceforth, the revenue index of the medical specialty bags market is set to improve in the coming times.

by Product Type

  • Anesthesia Breathing Bags
  • Bile Collection Bags
  • Ostomy Bags
  • Resuscitation Bags
  • Blood Bags
  • CAPD Bags
  • Enema Bags
  • Enteral Feeding Bags
  • IV Bags
  • Urinary Collection Bags
  • Others

by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of Middle East & Africa

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Section 1. Preface 
1.1 Report Scope and Market Segmentation 
1.2 Research Highlights

Section-2. Assumptions and Research Methodology 
2.1 Assumptions and Acronyms Used
2.2 Research Methodology

Section-3. Executive Summary
3.1 Global Medical Specialty Bags Market: Market Snapshot
3.2 Global Medical Specialty Bags Market: Opportunity Map

Section-4. Market Overview
4.1 Global Medical Specialty Bags Market: Product Overview
4.2 Global Medical Specialty Bags Market: Key Industry Developments

Section-5. Market Dynamics
5.1 Drivers and Restraints Snapshot Analysis
       5.1.2. Drivers
       5.1.3. Restraints
       5.1.4. Opportunity
5.2 Opportunity Analysis
5.3 Key Trends
5.4 Global Medical Specialty Bags Market Revenue Forecast
5.5 Porter’s Five Forces Analysis 
5.6 Major Companies operating in Global Medical Specialty Bags Market & their product analysis 
5.7 Global Medical Specialty Bags Market Outlook

Section-6. Global Medical Specialty Bags Market Analysis, by Product  
6.1 Key Findings
6.2 Introduction
6.3 Global Medical Specialty Bags Market Value Share Analysis, by Product Type
6.4 Market Value (US$ Mn) Forecast By Product Type 
       6.4.1. Anesthesia Breathing Bags
       6.4.2. Bile Collection Bags
       6.4.3. Ostomy Collection Bags
       6.4.4. Resuscitation Bags
       6.4.5. Blood Bags 
       6.4.6. CAPD Bags
       6.4.7. Enema Bags
       6.4.8. Enteral Feeding Bags
       6.4.9. Intravenous Fluid/Infusion bags
       6.4.10. Urine Collection Bags
       6.4.11. Others
6.5 Global Medical Specialty Bags Market Attractiveness Analysis, By Product Type

Section-7 Global Medical Specialty Bags Market Analysis, by Region
7.1 Geographical Scenario
7.2 Introduction
7.3 Medical Specialty Bags Value Share Analysis, by Region, 2017 and 2025 
7.4 Medical Specialty Bags Forecast, by Region
       7.4.1. North America
       7.4.2. Europe
       7.4.3. Asia Pacific
       7.4.4. Latin America
       7.4.1. Middle East & Africa
7.5. Medical Specialty Bags Market Attractiveness Analysis, By Region, 2017 and 2025

Section-8 North America Medical Specialty Bags Market Analysis and Forecast 
8.1 Key Findings
8.2 Market Value (US$ Mn) Forecast, By Country 
       8.2.1. U.S.
       8.2.2. Canada
8.3 Market Value (US$ Mn) Forecast By Product Type 
8.4 Market Attractiveness Analysis
       8.4.1. By Country 
       8.4.2. By Product

Section-9 Europe Medical Specialty Bags Market Analysis and Forecast
9.1 Key Findings
9.2 Market Value (US$ Mn) Forecast, By Country 
       9.2.1. Germany
       9.2.2. France
       9.2.3. U.K.
       9.2.4. Spain
       9.2.5. Italy
       9.2.6. Rest of Europe
9.3 Market Value (US$ Mn) Forecast By Product Type
9.4 Market Attractiveness Analysis 
       9.4.1. By Country
       9.4.2. By Product

Sectin-10 Asia Pacific Medical Specialty Bags Market Analysis and Forecast
10.1 Key Findings
10.2 Market Value (US$ Mn) Forecast, By Country 
       10.2.1. China
       10.2.2. Japan
       10.2.3. India
       10.2.4. Australia 
       10.2.4. Rest of APAC
10.3 Market Value (US$ Mn) Forecast By Product Type 
10.4 Market Attractiveness Analysis
       10.4.1. By Country 
       10.4.2. By Product

Section-11 Latin America Medical Specialty Bags Market Analysis and Forecast
11.1 Key Findings
11.2 Market Value (US$ Mn) Forecast, By Country 
       11.2.1. Brazil
       11.2.2. Mexico
       11.2.3. Rest of LATAM
11.3 Market Value (US$ Mn) Forecast By Product Type 
11.4 Market Attractiveness Analysis
       11.4.1. By Country 
       11.4.2. By Product

Section-12 Middle East & Africa Medical Specialty Bags Market Analysis and Forecast
12.1 Key Findings
12.2 Market Value (US$ Mn) Forecast, By Country 
       12.2.1. Saudi Arabia
       12.2.2. South Africa
       12.2.3. Rest of MEA
12.3 Market Value (US$ Mn) Forecast By Product Type 
12.4 Market Attractiveness Analysis
       12.4.1. By Country 
       12.4.2. By Product

Section-13 Competition Landscape
13.1 Global Medical Specialty Bags Market Share Analysis, by Company (2016)
13.2 Competition Matrix
13.3 Company profiles
       13.3.1. Coloplast A/S
                 13.3.1.1 Company Details
                 13.3.1.2 Business Overview
                 13.3.1.3 Financial Overview
                 13.3.1.4 Strategic Overview
                 13.3.1.5 SWOT Analysis
       13.3.2. ConvaTec, Inc.
                 13.3.2.1 Company Details
                 13.3.2.2 Business Overview
                 13.3.2.3 Financial Overview
                 13.3.2.4 Strategic Overview
                 13.3.2.5 SWOT Analysis
       13.3.3. Hollister Incorporated
                 13.3.3.1 Company Details
                 13.3.3.2 Business Overview
                 13.3.3.3 Financial Overview
                 13.3.3.4 Strategic Overview
                 13.3.3.5 SWOT Analysis
       13.3.4. B. Braun Melsungen AG
                 13.3.4.1 Company Details
                 13.3.4.2 Business Overview
                 13.3.4.3 Financial Overview
                 13.3.4.4 Strategic Overview
                 13.3.4.5 SWOT Analysis
       13.3.5. Baxter International, Inc.
                 13.3.5.1 Company Details
                 13.3.5.2 Business Overview
                 13.3.5.3 Financial Overview
                 13.3.5.4 Strategic Overview
                 13.3.5.5 SWOT Analysis
       13.3.6. Fresenius SE & Co. KGaA
                 13.3.6.1 Company Details
                 13.3.6.2 Business Overview
                 13.3.6.3 Financial Overview
                 13.3.6.4 Strategic Overview
                 13.3.6.5 SWOT Analysis
       13.3.7. Medline Industries, Inc.
                 13.3.7.1 Company Details
                 13.3.7.2 Business Overview
                 13.3.7.3 Financial Overview
                 13.3.7.4 Strategic Overview
                 13.3.7.5 SWOT Analysis
       13.3.8. Terumo Corporation
                 13.3.8.1 Company Details
                 13.3.8.2 Business Overview
                 13.3.8.3 Financial Overview
                 13.3.8.4 Strategic Overview
                 13.3.8.5 SWOT Analysis
       13.3.9. Nolato AB
                 13.3.9.1 Company Details
                 13.3.9.2 Business Overview
                 13.3.9.3 Financial Overview
                 13.3.9.4 Strategic Overview
                 13.3.9.5 SWOT Analysis
       13.3.10. Smiths Medical
                 13.3.10.1 Company Details
                 13.3.10.2 Business Overview
                 13.3.10.3 Financial Overview
                 13.3.10.4 Strategic Overview
                 13.3.10.5 SWOT Analysis
       13.3.11. Macopharma SA
                 13.3.11.1 Company Details
                 13.3.11.2 Business Overview
                 13.3.11.3 Financial Overview
                 13.3.11.4 Strategic Overview
                 13.3.11.5 SWOT Analysis

List of Tables

Table 01: Global Medical Specialty Bags Market Size (US$ Mn) Forecast, by product, 2015–2025
Table 02: Global Medical Specialty Bags Market Size (US$ Mn) Forecast, by Region, 2015-2025
Table 03: North America Medical Specialty Bags Market Size (US$ Mn) and Forecast, by Country, 2015–2025
Table 04: North America Medical Specialty Bags Market Size (US$ Mn) Forecast, by product, 2015–2025
Table 05: Europe Medical Specialty Bags Market Size (US$ Mn) and Forecast, by Country, 2015–2025
Table 06: Europe Medical Specialty Bags Market Size (US$ Mn) Forecast, by product, 2015–2025
Table 07: Asia Pacific Medical Specialty Bags Market Size (US$ Mn) and Forecast, by Country, 2015–2025
Table 08: Asia Pacific Medical Specialty Bags Market Size (US$ Mn) Forecast, by product, 2015–2025
Table 09: Latin America Medical Specialty Bags Market Size (US$ Mn) and Forecast, by Country, 2015–2025
Table 10: Latin America Medical Specialty Bags Market Size (US$ Mn) Forecast, by product, 2015–2025
Table 11: Middle East & Africa Medical Specialty Bags Market Size (US$ Mn) and Forecast, by Country, 2015–2025
Table 12: Middle East & Africa Medical Specialty Bags Market Size (US$ Mn) Forecast, by product, 2015–2025
List of Figures

Figure 01: Global Medical Specialty Bags Market Size, by Top Three Product (US$ Mn), 2016
Figure 02: Global Medical Specialty Bags Market, Value (US$ Mn), 2016  
Figure 03: Top Drivers, Trends, Restrains
Figure 04: Medical Specialty Bag Share, Region wise
Figure 05: Revenue Share, 2016
Figure 06: Medical Specialty Bag Key Industry Events
Figure 07: Opportunity Index
Figure 08: Porter’s Five Force Analysis
Figure 09: Product Offering
Figure 10: Global Medical Specialty Bags Market Size (US$ Mn) Forecast, 2015–2025
Figure 11: Market Revenue Share, by Product (2016)
Figure 12: Market Volume Share, by Region (2016)
Figure 13: Market Revenue Share, by Product (2025)
Figure 14: Market Volume Share, by Region (2025)
Figure 15: Global Medical Specialty Bags Market Value Share Analysis, Products, 2017 and 2025
Figure 16: Global Medical Specialty Bags Market Size (US$ Mn) ,By Anesthesia Breathing Bags
Figure 17: Global Medical Specialty Bags Market Size (US$ Mn) ,By Bile Collection Bags
Figure 18: Global Medical Specialty Bags Market Size (US$ Mn) ,By Ostomy Bags
Figure 19: Global Medical Specialty Bags Market Size (US$ Mn) ,By Resuscitation Bags
Figure 20: Global Medical Specialty Bags Market Size (US$ Mn) ,By Blood Bags
Figure 21: Global Medical Specialty Bags Market Size (US$ Mn) ,By CAPD Bags
Figure 22: Global Medical Specialty Bags Market Size (US$ Mn) ,By Enema Bags
Figure 23: Global Medical Specialty Bags Market Size (US$ Mn) ,By Enteral Feeding Bags
Figure 24: Global Medical Specialty Bags Market Size (US$ Mn) ,By IV Bags
Figure 25: Global Medical Specialty Bags Market Size (US$ Mn) ,By Urine Collection Bags
Figure 26: Global Medical Specialty Bags Market Size (US$ Mn) ,By Others
Figure 27: Global Medical Specialty Market Attractiveness Analysis, by Products, 2017–2025
Figure 28: Global Market Scenario
Figure 29: Global Medical Specialty Bags Market Value Share Analysis, by Region, 2017 and 2025
Figure 30: Global Medical Specialty Bags Market Attractiveness Analysis, by Region, 2017-2025
Figure 31: North America Medical Specialty Bags Market Size (US$ Mn) Forecast, 2015–2025
Figure 32: North America Medical Specialty Bags Market Size, Y-o-Y Growth Projection, 2017–2025
Figure 33: North America Medical Specialty Bags Market Attractiveness Analysis, by Country
Figure 34: North America Medical Specialty Bags Market Value Share Analysis, by Country, 2017 and 2025
Figure 35: North America Medical Specialty Bags Market Value Share Analysis, by Product, 2017 and 2025
Figure 36: North America Medical Specialty Bags Market Attractiveness Analysis, by Product, 2015–2025
Figure 37: Europe Medical Specialty Bags Market Size (US$ Mn) Forecast, 2015–2025
Figure 38: Europe Medical Specialty Bags Market Size, Y-o-Y Growth Projection, 2017–2025
Figure 39: Europe Medical Specialty Bags Market Attractiveness Analysis, by Country
Figure 40: Europe Medical Specialty Bags Market Value Share Analysis, by Country, 2017 and 2025
Figure 41: Europe Medical Specialty Bags Market Value Share Analysis, by Product, 2017 and 2025
Figure 42: Europe Medical Specialty Bags Market Attractiveness Analysis, by Product, 2015–2025
Figure 43: Asia Pacific Medical Specialty Bags Market Size (US$ Mn) Forecast, 2015–2025
Figure 44: Asia Pacific Medical Specialty Bags Market Size, Y-o-Y Growth Projection, 2017–2025
Figure 45: Asia Pacific Medical Specialty Bags Market Attractiveness Analysis, by Country
Figure 46: Asia Pacific Medical Specialty Bags Market Value Share Analysis, by Country, 2017 and 2025
Figure 47: Asia Pacific Medical Specialty Bags Market Value Share Analysis, by Product, 2017 and 2025
Figure 48: Asia Pacific Medical Specialty Bags Market Attractiveness Analysis, by Product, 2015–2025
Figure 49: Latin America Medical Specialty Bags Market Size (US$ Mn) Forecast, 2015–2025
Figure 50: Latin America Medical Specialty Bags Market Size, Y-o-Y Growth Projection, 2017–2025
Figure 51: Latin America Medical Specialty Bags Market Attractiveness Analysis, by Country
Figure 52: Latin America Medical Specialty Bags Market Value Share Analysis, by Country, 2017 and 2025
Figure 53: Latin America Medical Specialty Bags Market Value Share Analysis, by Product, 2017 and 2025
Figure 54: Latin America Medical Specialty Bags Market Attractiveness Analysis, by Product, 2015–2025
Figure 55: Middle East & Africa Medical Specialty Bags Market Size (US$ Mn) Forecast, 2015–2025
Figure 56: Middle East & Africa Medical Specialty Bags Market Size, Y-o-Y Growth Projection, 2017–2025
Figure 57: Middle East & Africa Medical Specialty Bags Market Attractiveness Analysis, by Country
Figure 58: Middle East & Africa Medical Specialty Bags Market Value Share Analysis, by Country, 2017 and 2025
Figure 59: Middle East & Africa Medical Specialty Bags Market Value Share Analysis, by Product, 2017 and 2025
Figure 60: Middle East & Africa Medical Specialty Bags Market Attractiveness Analysis, by Product, 2015–2025
Figure 61: Heat Map Analysis of Major Companies Operating in Global Medical Specialty Bags Market
Figure 62: Competition Matrix
Figure 63: Business Overview Coloplast A/S 
Figure 64: Breakdown of Net Sales, by Region, Coloplast A/S 
Figure 65: Revenue (US$ Mn) and Y-o-Y Growth (%), 2013–2016,  Coloplast A/S 
Figure 66: Business Overview, ConvaTec, Inc. 
Figure 67: Breakdown of Net Sales, by Region, ConvaTec, Inc. 
Figure 68: Revenue (US$ Mn) and Y-o-Y Growth (%), 2013–2016, ConvaTec, Inc. 
Figure 69: Business Overview, Baxter International, Inc. 
Figure 70: Breakdown of Net Sales, by Region,2016, Baxter International Inc. 
Figure 71: Revenue (US$ Bn) and Y-o-Y Growth (%), 2013–2016, Baxter International Inc. 
Figure 72: Business Overview, B. Braun Melsungen AG 
Figure 73: Breakdown of Net Sales, by Region, 2016, B. Braun Melsungen AG 
Figure 74: Revenue (US$ Mn) and Y-o-Y Growth (%), 2013–2016, B. Braun Melsungen AG 
Figure 75:  Business Overview, Hollister Incorporated 
Figure 76: Business Overview, Medline Industries, Inc. 
Figure 77: Business Overview, Terumo Corporation 
Figure 78: Breakdown of Net Sales, by Segment, 2017, Terumo Corporation 
Figure 79: Revenue (US$ Mn) and Y-o-Y Growth (%), 2014–2017, Terumo Corporation 
Figure 80: Business Overview, Nolato AB 
Figure 81: Breakdown of Net Sales, by Region, Nolato AB 
Figure 82: Revenue (US$ Mn) and Y-o-Y Growth (%), 2013–2016,  Nolato AB 
Figure 83: Business Overview, Smiths Medical 
Figure 84: Breakdown of Net Sales, by Segment, Smiths Medical 
Figure 85: Revenue (US$ Mn) and Y-o-Y Growth (%), 2013–2016, Smiths Medical 
Figure 86: Business Overview, Macopharma 
Figure 87: Business Overview, Fresenius SE & Co. KGaA 
Figure 88: Breakdown of Net Sales, by Region, Fresenius SE & Co. KGaA 
Figure 89: Revenue (US$ Mn) and Y-o-Y Growth (%), 2013–2016,  Fresenius SE & Co. KGaA 
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