The Business Research Company’s Medical Specialty Bags Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Medical Specialty Bags Global Market Report 2023 evaluates medical specialty bags market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global medical specialty bags market is expected to grow from the medical specialty bags market size has grown steadily in recent years. It will grow from $8.04 billion in 2023 to $8.43 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to increasing specialization of medical professions, rising prevalence of chronic diseases, growing demand for minimally invasive procedures, expanding global healthcare, rising disposable income levels.The medical specialty bags market size is expected to see strong growth in the next few years. It will grow to $10.25 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%.
The growing number of surgeries is expected to propel the growth of the medical specialty bags market going forward. Surgery is a medical procedure that involves using instruments and techniques to treat, diagnose, or correct various conditions, diseases, or injuries within the body. Medical specialty bags are essential for numerous elements of patient care, waste containment and equipment sterilization during surgical operations. For instance, in April 2022, according to the British Heart Foundation, a UK-based independent funder of research into heart and circulatory diseases, stated that transcatheter aortic valve replacement (TAVR) or transcatheter aortic valve implantation (TAVI) surgery increased to 6,328 in 2021/22 from 5,676 in 2019/20. Therefore, the growing demand numbers of surgeries is driving the growth of the medical specialty bags market.
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The medical specialty bags market segments in the report are:
1) By Product: Intravenous Fluid Bags, Ostomy Bags, Sterile Packaging Bags, Continuous Ambulatory Peritoneal Dialysis Bags (CAPD), Anesthesia And Resuscitation Bags, Other Products
2) By Material: Polyvinyl Chloride (PVC) Compounds, Polyolefins, Other Materials
3) By End-User: Hospitals, Ambulatory Surgical Centers, Home Healthcare, Other End-Users
The table of contents in TBRC’s medical specialty bags market report includes:
1. Executive Summary
2. Medical Specialty Bags Market Characteristics
3. Medical Specialty Bags Market Trends And Strategies
4. Medical Specialty Bags Market – Macro Economic Scenario
5. Global Medical Specialty Bags Market Size and Growth
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26. South America Medical Specialty Bags Market
27. Brazil Medical Specialty Bags Market
28. Middle East Medical Specialty Bags Market
29. Africa Medical Specialty Bags Market
30. Medical Specialty Bags Market Competitive Landscape And Company Profiles
Top Major Players:
- Pall Corporation
- Fresenius Medical Care AG & Co
- Baxter International Inc.
- DuPont de Nemours Inc
- B. Braun Medical Inc
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