Medical specialty bags are utilized for various purposes such as blood storage, enteral feeding, bile collection, urine collection, sterile packaging, and much more. These bags are of high quality and are used for avoiding any type of contamination. These bags are highly recommended in the hospitals in order to avoid the risk of any disease or infection. Growing demand for the aseptic conditions in the medical institutes has increased the popularity of the medical specialty bags. The Medical specialty bags market size is estimated to witness a CAGR of 6.6% from 2019 to 2028.

Top Driver: Growing concern towards health and hygiene will drive the market growth

Government bodies play a critical part in the growth of the product market as they facilitate an increase in demand by spending in health infrastructure, crafting improved reimbursement packages and increasing the level of awareness, setting competitive prices, and encouraging research and development. Improvements in medical standards & facilities, changing technological trends, and rising concern towards health and hygiene are factors expected to promote growth in this market. Ostomy collection bags are helpful on account of the prevalence of uncontrollable maladies, and it is anticipated to fuel the market demand owing to the rising old age Population. Uniformly-built compensation policies, easy availability of products, and cost-effectiveness make the product affordable, lucrative, and flexible for consumers.

Ostomy collectionto Make Crucial Contribution for Growth of Global Medical Specialty Bags Market

Medical specialty bag market is primarily classified on the basis of products as urinary collection, blood, anesthesia breathing, bile collection, ostomy collection, sterile packaging, enteral feeding, resuscitation, continuous ambulatory peritoneal dialysis (CAPD), intravenous fluid, cadaver, ice, and enema. Ostomy collection bags are divided into single-use and multiple-use bags. Resuscitation bags are also segmented into reusable and disposable bags. Besides, Intravenous fluid bags are further sub-categorized into Non- PVC material and PVC material based fluid bags. Ostomy collection bags emerged as a dominant player in the market in terms of revenues amidst all the types of products in 2011. On account of the growing environmental impacts associated with the use of PVC, demand is anticipated to shift towards non-PVC material over the forecast period. Furthermore, the bile collection bags division is projected to grow at a rapid CAGR owing to rising demand for laparoscopic cholecystectomy.

Medical specialty bags are widely used in hospitals and healthcare institutions. Home healthcare and Surgical Centers also utilize medical specialty bags but constitute a niche market segments. Surgical Centers are expected to drive growth in the industry on account of increasing awareness resulting in growing demand among customers. These are particularly used for surgeries in hospitals. However, healthcare centers and hospitals constitute a significant share of the global medical specialty bag market and are expected to continue the trend.

North America dominated to witness fastest growth in Global Medical Specialty Bags Market

North America, Europe, Asia Pacific, and Row constitute the geographic segmentation of the market. At present, Europe is projected to lead the market. On the other hand, North America captured the majority of shares in 2011 which can be majorly attributed to rapid growth in consciousness among people and progress in emerging economies due to the technological trends.

Players to Focus on Medical Specialty Bags Market

The major participants in the market includes,

• Terumo Corporation Hollister Incorporated
• Coloplast A/S
• B Braun Medical
• Pall Corporation
• R. Bard Inc.
• Kawasumi Laboratories Inc
• Terumo Corporation
• Baxter International Inc.
• Westfield Medical Ltd.
• Maco Pharma,
• Convatec Inc.
• Fresenius Medical Care AG & Co.

The soaring demand for superior technology and sophisticated tools, together with medical specialty bags that support various medical procedures during or after treatments is expected to open new avenues for competing participants.

Scope of the Report

By Product

• urinary collection
• blood, anesthesia breathing
• bile collection
• ostomy collection
• sterile packaging

By Bag Type

• single-use
• multiple-use

By Region

• North America
• Europe
• Asia Pacific
• SAMEA

Key Reasons to Purchase this Report 

1. It provides a technological development map over time to understand the growth rate of the industry.

2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.

3. It renders definite analysis for changing competitive dynamics.

4.      It builds a seven-year estimate based on how the market