Medical Specialty Bags Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025

The medical specialty bags market has the potential to grow by USD 5.26 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.50%.

This medical specialty bags market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report provides extensive insights on segmentation by product (ostomy bags, IV fluids bags, CAPD bags, urine bags, and others), end-user (hospitals, ASCs, and others), and geography (North America, Europe, Asia, and ROW). The report also offers information on several market vendors, including Ambu AS, B. Braun Melsungen AG, and Baxter International Inc., among others.

What will the Medical Specialty Bags Market Size be in 2021?

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Medical Specialty Bags Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The increasing number of surgical, dialysis, and blood transfusion procedures is notably driving the medical specialty bags market growth, although factors such as risk factors and complications associated with medical specialty bags may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the medical specialty bags industry get your FREE report sample now.

This medical specialty bags market analysis report also provides detailed information on upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on market drivers, trends, and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Medical Specialty Bags Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

• Ambu AS
• B. Braun Melsungen AG
• Baxter International Inc.
• Cardinal Health Inc.
• Coloplast AS
• ConvaTec Group Plc
• Fresenius Medical Care AG & Co. KGaA
• Hollister Inc.
• Terumo Corp.

The medical specialty bags market is fragmented and the vendors are deploying growth strategies such as product innovation to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the medical specialty bags market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Medical Specialty Bags Market?

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43% of the market’s growth will originate from Asia during the forecast period. China and Japan are the key markets for medical specialty bags in Asia. Market growth in Asia will be faster than the growth of the market in other regions.

The presence of a large patient pool, the growth of the aging population, and the rising prevalence of chronic diseases will facilitate the medical specialty bags market growth in Asia over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Medical Specialty Bags Market?

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The medical specialty bags market share growth by the IV fluid bags segment will be significant during the forecast period. The IV fluid bags segment of the medical specialty bags market is expected to grow significantly, owing to the increasing demand for cancer therapy through IV fluid and pre-enteral nutrition, rehydration purpose, and effective pain management via antibiotics/medications during surgeries. Also, the rise in feeding intolerance cases is likely to drive the demand for IV fluid bags, as they are used to provide glucose, vitamins, minerals, salt, amino acid, and lipids to infants.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the medical specialty bags market size.

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What are the Key Factors Covered in this Medical Specialty Bags Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive medical specialty bags market growth during the next five years
• Precise estimation of the medical specialty bags market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the medical specialty bags industry across North America, Europe, Asia, and ROW
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of medical specialty bags market vendors

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