Medical Specialty Bags Market Product Type (Bile Collection Bags, Ostomy Bags, Resuscitation Bags, Blood Bags, CAPD Bags, Enema Bags, Enternal Feeding Bags, Intravenous Fluid/Infusion Bags, Urine Collection Bags) - Growth, Share, Opportunities & Competitive Analysis, 2018 – 2026

Industry Outlook

The medical specialty bags market to reach US$ 10,541.0 Mn in 2026 and projected to exhibit a compound annual growth rate (CAGR) of 5.4% during the forecast period from 2018 to 2026. Increasing geriatric population susceptible for chronic diseases is the major growth factor driving the demand for specialty medical bags globally. Geriatric population are more prone to procedures which require ostomy bags, IV bags, bile collection bags, urinary collection bags and others. Moreover, growing hospitalization and surgical procedures across the globe is further boosting the growth of medical specialty bags. Product innovation and use of environment friendly materials are the latest trend observed in the medical specialty bags market. Polyvinyl chloride (PVC) bags are being replaced by non-PVC materials such as latex, silicone, polyurethanes and polyethylene as these have minimum environmental hazards. Moreover, manufacturers are focusing on use of cost-effective materials such as ethylene vinyl acetate, multilayer polyethylene or polypropylene to make PVC free bags. Another significant trend observed in the medical specialty bags market is the rise in online sale of medical specialty bags. This increases the availability and accessibility of these products to customers, thereby increasing their purchase. North America held the largest in the global medical specialty bags market owing to growing geriatric population and surgical procedures leading to the greater demand for medical bags in the region. Asia Pacific will show highest growth rate during the forecast period with Japan, China and India setting the stage for swift growth of the region. The global medical specialty bags market is highly consolidated with players seeking for innovation and product enhancement to ensure dominance in the market.

Market Synopsis

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Increasing Number of Ostomy Procedures Performed to Drive the Market Growth of Ostomy Bags

In 2017, ostomy bags dominated the global medical specialty bags market by product type owing to rising prevalence of gastric diseases such ulcerative colitis, Crohn's disease, peritonitis, bowel cancer resulting in obstruction or bleeding, spina bifida and urolithiasis. This is also leading to the growth in the volume of procedures among the diseased patients which is boosting the growth in demand for ostomy bags. Increased awareness programs and promotion for these products supported by leading vendors in the market have also led to rise in their adoption rate among patients at home and by staff at healthcare facilities. IV bags and blood collection bags also held a significant share in the global medical specialty bags market. Growing hospitalization requiring intravenous administration of drugs and parental nutrition have surged the demand for IV bags. Growing cases of blood transfusion during trauma conditions and chronic diseases have led to the growth of blood bags market. However, lack of adequate reimbursement for medical specialty bags have limited their adoption among the population. This has led to use of products beyond their average lifespan, reducing demand for new products.

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Increasing Geriatric Population Susceptible to Chronic Diseases in North America to Drive the Market

In 2017, North America held the largest share in the global medical specialty bags market. The key factors responsible for the growth of this region include growing incidence of chronic conditions such as ulcerative colitis and Crohn's disease lead to the requirement of ostomy bags. Nearly 100,000 people in the U.S. undergo ostomy procedures annually. The implementation of healthcare reforms in the US has also helped new users of ostomy products purchase ostomy drainage bags at reasonable prices. Asia Pacific is projected to grow at the highest rate during the forecast period due to growing rapidly because of increasing economic affluence and the availability of better healthcare services across the region. The emerging countries in the APAC region, such as China and India, offer a big opportunity for the leading players in this market as these countries contain a significantly large pool of under-served patients.

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Historical & Forecast Period

This research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segments calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

Medical Specialty Bags market report furnishes quantitative analysis along with its latest market trends. The market is segmented based on product type and geography.

Market is studied in order to understand the current and future market trends in the medical specialty bags market. The market is estimated by providing the compounded annual growth rate (CAGR) and data forecast from 2018 to 2026. Strategic acquisition, merger and collaboration among the key players for developing innovative product pipeline mentioned in the business strategy section. The key players currently engaged in the medical specialty bags market are B. Braun Melsungen, Baxter International, Coloplast A/S, ConvaTec, Inc., Hollister Incorporated, Fresenius Kabi, Terumo Corporation among others.

Key questions answered in this report

• How the global medical specialty bags market will perform during the forecast period from 2018 to 2026?
• What are the latest trends in the medical specialty bags market and valuable opportunities for key players?
• Who are the leading players in the global medical specialty bags market?
• Which is the leading/and fastest region in the global medical specialty bags market?
• Currently, what are the reimbursement scenario and regulatory structure for the medical specialty bags?
• What are drivers and restrains governing the global medical specialty bags market?

Chapter 1. Preface
1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global MSB Market Portraiture
2.2. Global MSB Market, by Product Type, 2017 (US$ Mn)
2.3. Global MSB Market, by Geography, 2017 (US$ Mn)

Chapter 3. Medical Specialty Bags (MSB) Market Dynamics and Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global MSB Market, by Key Players, 2017

Chapter 4. Global Medical Specialty Bags (MSB) Market, Product Type, 2016-2026 (US$ Mn)
4.1. Overview
4.2. Bile Collection Bags
4.3. Ostomy Bags
4.4. Resuscitation Bags
4.5. Blood Bags
4.6. CAPD Bags
4.7. Enema Bags
4.8. Enternal Feeding Bags
4.9. Intravenous Fluid/Infusion Bags
4.10. Urine Collection Bags

Chapter 5. Global Medical Specialty Bags (MSB) Market, by Geography, 2016 – 2026 (US$ Mn)
5.1. North America MSB Market Analysis, 2016 – 2026
5.1.1. North America MSB Market, by Product Type, 2016 - 2026 (US$ Mn)
5.1.2. North America MSB Market, by Country, 2016 – 2026 (US$ Mn)
5.1.2.1. U.S.
5.1.2.2. Canada
5.2. Europe MSB Market Analysis, 2016 – 2026
5.2.1. Europe MSB Market, by Product Type, 2016 - 2026 (US$ Mn)
5.2.2. Europe MSB Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.2.2.1. U.K.
5.2.2.2. Germany
5.2.2.3. Rest of Europe
5.3. Asia Pacific MSB Market Analysis, 2016 – 2026
5.3.1. Asia Pacific MSB Market, by Product Type, 2016 - 2026 (US$ Mn)
5.3.2. Asia Pacific MSB Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.3.2.1. China
5.3.2.2. Japan
5.3.2.3. Rest of Asia Pacific
5.4. Latin America MSB Market Analysis, 2016 – 2026
5.4.1. Latin America MSB Market, by Product Type, 2016 - 2026 (US$ Mn)
5.4.2. Latin America MSB Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.4.2.1. Brazil
5.4.2.2. Mexico
5.4.2.3. Rest of Latin America
5.5. Middle East & Africa MSB Market, 2016 – 2026
5.5.1. Middle East & Africa MSB Market, by Product Type, 2016 - 2026 (US$ Mn)
5.5.2. Middle East & Africa MSB Market Analysis, by Region, 2016 – 2026 (US$ Mn)
5.5.2.1. GCC
5.5.2.2. Rest of Middle East & Africa

Chapter 6. Company Profiles
6.1. B. Braun Melsungen AG
6.1.1. Business Description
6.1.2. Financial Information (Subject to Data Availability)
6.1.3. Product Portfolio
6.1.4. News Coverage
6.2. Baxter International
6.3. Coloplast A/S
6.4. ConvaTec, Inc.
6.5. Hollister Incorporated
6.6. Fresenius SE & Co. KGaA
6.7. Medline Industries, Inc.
6.8. Terumo Corporation
6.9. Nolato AB
6.10. Smiths Medical
6.11. Macopharma SA

* MSB - Medical Specialty Bags

Note:

Modification in the list of company profiles or scope of the study can be incorporated on request.

FIG 1. Medical Specialty Bags (MSB) Market: Research Methodology
FIG 2. MSB Market Segmentation
FIG 3. Global MSB Market, by Product Type, 2017 (US$ Mn)
FIG 4. Attractive Investment Proposition, by Geography, 2017
FIG 5. Competitive Analysis: Global MSB Market, by Key Players, 2017
FIG 6. Global Bile Collection Bags Market, 2016-2026 (US$ Mn)
FIG 7. Global Ostomy Bags Market, 2016-2026(US$ Mn)
FIG 8. Global Resuscitation Bags Market, 2016-2026 (US$ Mn)
FIG 9. Global Blood Bags Market, 2016-2026(US$ Mn)
FIG 10. Global CAPD Bags Market, 2016-2026 (US$ Mn)
FIG 11. Global Enema Bags Market, 2016-2026 (US$ Mn)
FIG 12. Global Enternal Feeding Bags Market, 2016-2026 (US$ Mn)
FIG 13. Global Intravenous Fluid/Infusion Bags Market, 2016-2026 (US$ Mn)
FIG 14. Global Urine Collection Bags Market, 2016-2026 (US$ Mn)
FIG 15. U.S. MSB Market, 2016-2026 (US$ Mn)
FIG 16. Canada MSB Market, 2016-2026 (US$ Mn)
FIG 17. U.K. MSB Market, 2016-2026 (US$ Mn)
FIG 18. Germany MSB Market, 2016-2026 (US$ Mn)
FIG 19. Rest of Europe MSB Market, 2016-2026 (US$ Mn)
FIG 20. China MSB Market, 2016-2026 (US$ Mn)
FIG 21. Japan MSB Market, 2016-2026 (US$ Mn)
FIG 22. Rest of Asia Pacific MSB Market, 2016-2026 (US$ Mn)
FIG 23. Brazil MSB Market, 2016-2026 (US$ Mn)
FIG 24. Mexico MSB Market, 2016-2026 (US$ Mn)
FIG 25. Rest of Latin America MSB Market, 2016-2026 (US$ Mn)
FIG 26. GCC MSB Market, 2016-2026 (US$ Mn)
FIG 27. Rest of Middle East & Africa MSB Market, 2016-2026 (US$ Mn)

TABLE 1 Global Medical Specialty Bags (MSB) Market Portraiture
TABLE 2 Global MSB Market, by Product Type, 2016 – 2026 (US$ Mn)
TABLE 3 Global MSB Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 4 North America MSB Market, by Product Type, 2016 – 2026 (US$ Mn)
TABLE 5 North America MSB Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 6 Europe MSB Market, by Product Type, 2016 – 2026 (US$ Mn)
TABLE 7 Europe MSB Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 8 Asia Pacific MSB Market, by Product Type, 2016 – 2026 (US$ Mn)
TABLE 9 Asia Pacific MSB Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 10 Latin America MSB Market, by Product Type, 2016 – 2026 (US$ Mn)
TABLE 11 Latin America MSB Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 12 Middle East & Africa MSB Market, by Product Type, 2016 – 2026 (US$ Mn)
TABLE 13 Middle East & Africa MSB Market, by Region, 2016 – 2026 (US$ Mn)
TABLE 14 B. Braun Melsungen AG: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 15 Baxter International: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 16 Coloplast A/S: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 17 ConvaTec, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 18 Hollister Incorporated: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 19 Fresenius SE & Co. KGaA: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 20 Medline Industries, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 21 Terumo Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 22 Nolato AB: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 Smiths Medical: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 24 Macopharma SA.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)