Last updated on April 17, 2014 at 14:37 EDT

Global Medical Specialty Bags Industry is Expected to Reach USD 8.3 Billion in 2018: Transparency Market Research

January 15, 2013

ALBANY, New York, January 15, 2013 /PRNewswire/ –

According to a new market report published by Transparency Market Research
(http://www.transparencymarketresearch.com) “Medical Specialty Bags Market – Global
Industry Size, Market Share, Trends, Analysis and Forecast, 2012 – 2018
[http://www.transparencymarketresearch.com/medical-specialty-bags-market.html ]“, the
global medical specialty bags market was valued at USD 6.2 billion in 2011 and is expected
to reach an estimated value of USD 8.3 billion in 2018, growing at a CAGR of 4.2% from
2012 to 2018.

Browse the full report at


The growth of the market is ensured by factors namely global aging population, less
complicated FDA regulations for class I medical devices, increasing global healthcare
related consumer spending and growing instances of awareness programs and government
initiatives to elevate customer awareness levels. The growing demographics in the emerging
economies of the Asian region (mainly India and China) coupled with the rising disposable
incomes of consumers belonging to such economies will serve as future growth opportunities
for the medical specialty bags market.

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The ostomy collection bags market held majority of the market share in 2011, followed
by IV fluid bags. The bile collection bags market is the fastest growing segment owing to
increasing customer adoption of laparoscopic cholecystectomy over open cholecystectomy
(around 0.3% to 0.6% of laparoscopic cholecystectomy procedures result in a bile duct
injury causing bile leakages).

The North American region held majority of the market share in 2011 owing to the
developed nature of its economies such as the U.S., presence of high disposable incomes
and increased awareness levels amongst consumers. The North American medical specialty
market is expected to reach an estimated value of USD 3.0 billion in 2018. The Asian
medical specialty bags market is the fastest growing market owing to its rising
demographics coupled with increasing disposable incomes of consumers especially in the
emerging economies such as India and China.

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Some of the key players in the market are Coloplast, Baxter International Inc,
ConvaTec, Hollister, Fresenius Medical Care and others.

This research is specially designed to estimate and analyze the demand and performance
of medical specialty bags in global scenario, in terms of revenue generated in USD million
and volumes sold in thousands. This research provides in-depth analysis of medical
specialty bag manufacturers, segment sales, trend analysis by segments and demand by
geography. The report covers all the major product segments of the global medical
specialty bags market and provides in-depth analysis, historical data and statistically
refined forecast for the segments covered as stated below:

Medical Specialty Bags Market by Types

        - Anesthesia Breathing Bags
        - Bile Collection Bags
        - Blood Bags
        - Cadaver Bags
        - Continuous Ambulatory Peritoneal Dialysis (CAPD) Bags
        - Enema Bags
        - Enteral Feeding Bags
        - Ice Bags
        - Intravenous Fluid (IV) bags
             - PVC Material based IV-Fluid Bags
             - Non-PVC Material based IV-Fluid Bags
        - Resuscitation Bags
             - Reusable resuscitation bags
             - Disposable resuscitation bags
        - Ostomy Collection Bags
             - Single Use (Disposable) Ostomy Collection Bags
             - Multiple Use (Drainable) Ostomy Collection Bags
        - Sterile Packaging Bags
        - Urinary Collection Bags

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