Global Medical Specialty Bags Market (2018-2026): Size & Share, Application Analysis, Growth Trends, Key Players, and Competitive Strategies - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 13, 2018--The “Global Medical Specialty Bags Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026” report has been added to ResearchAndMarkets.com’s offering.
The global medical specialty bags market was valued at US$ 6,560.1 Mn in 2017, expanding at a CAGR of 5.4% from 2018 to 2026.Growing aging population susceptible to chronic diseases is the major market driving factor. Moreover, growing surgical procedures and hospitalization globally would boost the demand for medical specialty bags for different procedures and application.Product innovation and development is the key trend followed in the market. For instance, manufacturers are shifting focus from polyvinyl chloride (PVC) and opting for materials that are environment friendly in nature. Some of the non-PVC materials include latex, silicone, and polyethylene as these are cost-effective and pose minimum hazards.The rise in the uptake of online sales channel as a major distribution method, have increased the accessibility and availability of various medical specialty bags. Growing home healthcare coupled with online sales of medical specialty bags would act as the major growth driver during the forecast period.In terms of product type, ostomy bags held the largest share in the global medical specialty bags market. IV bags, urine collection bags, and blood bags are expected to show promising market growth during the forecast period.
Key Market MovementsRising prevalence of chronic diseases and growing geriatric population worldwideRising patient awareness and home healthcare boosting demand for medical specialty productsGrowing surgical procedures globally to drive the market for medical specialty bags
Key Topics Covered
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Medical Specialty Bags: Market Dynamics and Outlook
Chapter 4. Global Medical Specialty Bags Market, Product Type, 2016-2026
Chapter 5. Global Medical Specialty Bags Market, by Geography, 2016-2026
Chapter 6. Company ProfilesB. Braun Melsungen AGBaxter InternationalColoplast A/SConvaTec Inc.Hollister IncorporatedFresenius SE & Co. KGaAMedline Industries Inc.Terumo CorporationNolato ABSmiths MedicalMacopharma SAFor more information about this report visit https://www.researchandmarkets.com/research/d7k89t/global_medical?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180913005468/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Medical Devices
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES MEDICAL SUPPLIES
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/13/2018 06:40 AM/DISC: 09/13/2018 06:40 AM