Medical specialty bags market is set to grow at a CAGR of 6.11% from 2022 to 2027 Driven by an increasing number of surgical, dialysis, and blood transfusion procedures - Technavio

NEW YORK, March 6, 2023 /PRNewswire/ -- The medical specialty bags market size is estimated to increase by USD 2287.87 million from 2022 to 2027, with a CAGR of 6.11%, according to a recent market study by Technavio. This report also offers a 5-year historical (2017-2021) data projection of market size, segmentation, and region. The increasing number of surgical, dialysis, and blood transfusion procedures is notably driving the medical specialty bags market growth. The prevalence of medical conditions such as colorectal cancer, IBD, and diverticulitis is increasing across the world. The incidence of these diseases is resulting in an increase in the demand for ostomy procedures worldwide. For instance, every year, about one million patients have stomas at any given time and approximately 110,000-130,000 ostomy procedures are performed in North America. During surgeries, patients require blood transfusions when a lot of blood is lost during surgical procedures. Thus, with the rising number of surgeries globally, the demand for medical specialty bags will increase during the forecast period. Discover some insights on historic (2017 to 2021) and forecast market size (2023 to 2027) - Request a sample report

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The medical specialty bags market report also offers information on the criticality of inputs, R&D, CAPEX, technology, and products of 15 vendors listed Below -

Ambu AS, B. Braun SE, Baxter International Inc., Becton Dickinson and Co., Cardinal Health Inc., CliniMed Ltd., Colo Majic Enterprises Ltd., Coloplast AS, ConvaTec Group Plc, Fresenius Medical Care AG and Co. KGaA, Hollister Inc., Macopharma SA, Medline Industries LP, Mitra Industries Pvt. Ltd., SIPPEX, Sumitomo Bakelite Co. Ltd., Teleflex Inc., Terumo Corp., VBM Medizintechnik GmbH, and Vogt Medical Vertrieb GmbH.

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Chart & Data Table on 5-Year Historic (2017-2021) Market Size, Comparative Analysis of Segments, and Y-O-Y Growth of Medical specialty bags market

• The market is segmented by End-user (Hospitals, ASCs, and Others), Product (IV fluids bags, Ostomy bags, CAPD bags, Urine bags, and Others), and Geography (Asia, North America, Europe, and Rest of World (ROW))
• The demand for medical devices will be significant from hospitals over the forecast period. The segment is driven by the increase in the number of inpatients with critical diseases and the high number of surgeries being performed in hospitals.

Chart & Data Table on Historical Market Size (2017-2021, Historic Industry Size & Analysis of 15 Vendors and 7 Countries
The market is segmented by region Asia, North America, Europe, and Rest of World (ROW). An analysis of key leading countries has been included.

• Asia will account for 39% of the market growth during the forecast period.
• Factors such as the presence of a large patient pool, the growth of the aging population, and the rising prevalence of chronic diseases are driving the growth of the regional market.
• Furthermore, rising healthcare expenditure, increasing disposable incomes, expansion of the middle-class population, and the high number of surgeries led by medical tourism will foster the growth of the medical specialty bags market in Asia during the forecast period.

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What are the key data covered in this Medical Specialty Bags Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the Medical Specialty Bags Market between 2023 and 2027
• Precise estimation of the size of the Medical Specialty Bags Market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the Medical Specialty Bags Market industry across Asia, North America, Europe, and Rest of World (ROW)
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Medical Specialty Bags Market vendors

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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global medical specialty bags market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global medical specialty bags market 2017 - 2021 ($ million)

• 4.2 End-user Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.3 Product Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments 
• Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Hospitals - Market size and forecast 2022-2027
• Exhibit 34: Chart on Hospitals - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Hospitals - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Hospitals - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Hospitals - Year-over-year growth 2022-2027 (%)

• 6.4 ASCs - Market size and forecast 2022-2027
• Exhibit 38: Chart on ASCs - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on ASCs - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on ASCs - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on ASCs - Year-over-year growth 2022-2027 (%)

• 6.5 Others - Market size and forecast 2022-2027
• Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by End-user 
• Exhibit 46: Market opportunity by End-user ($ million)

7 Market Segmentation by Product

• 7.1 Market segments 
• Exhibit 47: Chart on Product - Market share 2022-2027 (%)
• Exhibit 48: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 49: Chart on Comparison by Product
• Exhibit 50: Data Table on Comparison by Product

• 7.3 IV fluids bags - Market size and forecast 2022-2027
• Exhibit 51: Chart on IV fluids bags - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on IV fluids bags - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on IV fluids bags - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on IV fluids bags - Year-over-year growth 2022-2027 (%)

• 7.4 Ostomy bags - Market size and forecast 2022-2027
• Exhibit 55: Chart on Ostomy bags - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Ostomy bags - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Ostomy bags - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Ostomy bags - Year-over-year growth 2022-2027 (%)

• 7.5 CAPD bags - Market size and forecast 2022-2027
• Exhibit 59: Chart on CAPD bags - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on CAPD bags - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on CAPD bags - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on CAPD bags - Year-over-year growth 2022-2027 (%)

• 7.6 Urine bags - Market size and forecast 2022-2027
• Exhibit 63: Chart on Urine bags - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Urine bags - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Urine bags - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Urine bags - Year-over-year growth 2022-2027 (%)

• 7.7 Others - Market size and forecast 2022-2027
• Exhibit 67: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by Product 
• Exhibit 71: Market opportunity by Product ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 72: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 73: Chart on Market share by geography 2022-2027 (%)
• Exhibit 74: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 75: Chart on Geographic comparison
• Exhibit 76: Data Table on Geographic comparison

• 9.3 Asia - Market size and forecast 2022-2027
• Exhibit 77: Chart on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Asia - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Asia - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 81: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 85: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
• Exhibit 89: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)

• 9.7 US - Market size and forecast 2022-2027
• Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 Germany - Market size and forecast 2022-2027
• Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.10 Japan - Market size and forecast 2022-2027
• Exhibit 105: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.11 France - Market size and forecast 2022-2027
• Exhibit 109: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.12 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 Ambu AS 
• Exhibit 120: Ambu AS - Overview
• Exhibit 121: Ambu AS - Business segments
• Exhibit 122: Ambu AS - Key offerings
• Exhibit 123: Ambu AS - Segment focus

• 12.4 B. Braun SE 
• Exhibit 124: B. Braun SE - Overview
• Exhibit 125: B. Braun SE - Business segments
• Exhibit 126: B. Braun SE - Key news
• Exhibit 127: B. Braun SE - Key offerings
• Exhibit 128: B. Braun SE - Segment focus

• 12.5 Baxter International Inc. 
• Exhibit 129: Baxter International Inc. - Overview
• Exhibit 130: Baxter International Inc. - Business segments
• Exhibit 131: Baxter International Inc. - Key news
• Exhibit 132: Baxter International Inc. - Key offerings
• Exhibit 133: Baxter International Inc. - Segment focus

• 12.6 Becton Dickinson and Co. 
• Exhibit 134: Becton Dickinson and Co. - Overview
• Exhibit 135: Becton Dickinson and Co. - Business segments
• Exhibit 136: Becton Dickinson and Co. - Key news
• Exhibit 137: Becton Dickinson and Co. - Key offerings
• Exhibit 138: Becton Dickinson and Co. - Segment focus

• 12.7 Cardinal Health Inc. 
• Exhibit 139: Cardinal Health Inc. - Overview
• Exhibit 140: Cardinal Health Inc. - Business segments
• Exhibit 141: Cardinal Health Inc. - Key news
• Exhibit 142: Cardinal Health Inc. - Key offerings
• Exhibit 143: Cardinal Health Inc. - Segment focus

• 12.8 CliniMed Ltd. 
• Exhibit 144: CliniMed Ltd. - Overview
• Exhibit 145: CliniMed Ltd. - Product / Service
• Exhibit 146: CliniMed Ltd. - Key offerings

• 12.9 Coloplast AS 
• Exhibit 147: Coloplast AS - Overview
• Exhibit 148: Coloplast AS - Business segments
• Exhibit 149: Coloplast AS - Key news
• Exhibit 150: Coloplast AS - Key offerings
• Exhibit 151: Coloplast AS - Segment focus

• 12.10 ConvaTec Group Plc 
• Exhibit 152: ConvaTec Group Plc - Overview
• Exhibit 153: ConvaTec Group Plc - Product / Service
• Exhibit 154: ConvaTec Group Plc - Key news
• Exhibit 155: ConvaTec Group Plc - Key offerings

• 12.11 Fresenius Medical Care AG and Co. KGaA
• Exhibit 156: Fresenius Medical Care AG and Co. KGaA - Overview
• Exhibit 157: Fresenius Medical Care AG and Co. KGaA - Business segments
• Exhibit 158: Fresenius Medical Care AG and Co. KGaA - Key news
• Exhibit 159: Fresenius Medical Care AG and Co. KGaA - Key offerings
• Exhibit 160: Fresenius Medical Care AG and Co. KGaA - Segment focus

• 12.12 Hollister Inc. 
• Exhibit 161: Hollister Inc. - Overview
• Exhibit 162: Hollister Inc. - Product / Service
• Exhibit 163: Hollister Inc. - Key offerings

• 12.13 Macopharma SA 
• Exhibit 164: Macopharma SA - Overview
• Exhibit 165: Macopharma SA - Product / Service
• Exhibit 166: Macopharma SA - Key offerings

• 12.14 Medline Industries LP 
• Exhibit 167: Medline Industries LP - Overview
• Exhibit 168: Medline Industries LP - Product / Service
• Exhibit 169: Medline Industries LP - Key offerings

• 12.15 Mitra Industries Pvt. Ltd. 
• Exhibit 170: Mitra Industries Pvt. Ltd. - Overview
• Exhibit 171: Mitra Industries Pvt. Ltd. - Product / Service
• Exhibit 172: Mitra Industries Pvt. Ltd. - Key offerings

• 12.16 Sumitomo Bakelite Co. Ltd. 
• Exhibit 173: Sumitomo Bakelite Co. Ltd. - Overview
• Exhibit 174: Sumitomo Bakelite Co. Ltd. - Business segments
• Exhibit 175: Sumitomo Bakelite Co. Ltd. - Key offerings
• Exhibit 176: Sumitomo Bakelite Co. Ltd. - Segment focus

• 12.17 Terumo Corp. 
• Exhibit 177: Terumo Corp. - Overview
• Exhibit 178: Terumo Corp. - Business segments
• Exhibit 179: Terumo Corp. - Key news
• Exhibit 180: Terumo Corp. - Key offerings
• Exhibit 181: Terumo Corp. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 182: Inclusions checklist
• Exhibit 183: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 184: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 185: Research methodology
• Exhibit 186: Validation techniques employed for market sizing
• Exhibit 187: Information sources

• 13.5 List of abbreviations 
• Exhibit 188: List of abbreviations

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