Medical Specialty Bags Market is anticipated to exhibit a healthy CAGR during the forecast period, according to a report available on Million Insights. Medical specialty bags are uniquely designed bags that are used for various medical purposes such as blood storage, bile collection, urine collection, enteral feeding, and sterile packaging. Almost all healthcare facilities use these collectors on regular basis to protect patients and medical staff from infection. Every day, healthcare facilities such as hospitals and clinics generate tons of medical waste such as used syringes and blood socked cotton. Exposure to such medical waste can infect week patients and doctor present in healthcare facilities. Thereby, it is essential for medical facilities to use specialty bags.
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Market Synopsis of Medical Specialty Bags Market:
Rising demand for surgical
procedures owing to growing prevalence of chronic diseases is expected to impel
medical specialty bags industry growth. Medical procedures such as blood
transfusion and dialysis require huge amount of specifically designed bags. In
addition, growing adoption of ostomy procedures to treat diverticulitis,
inflammatory bowel disease (IBD), and colorectal cancer is driving demand
market growth. Rising demand for environment-friendly to reduce amount of
disposal during surgical procedures is anticipated to propel medical specialty
bags market growth. Manufacturers are offering biodegradable and flushable
pouch liners to ensure safety caregiver and patients. Moreover, supportive
initiatives being taken by government and private organizations to promote use
of eco-friendly medical disposables will drive the medical specialty bags
industry over the forecast period.
To cater to rising demand for
special bags, manufacturers are investing in R&D to develop innovative
products. For instance, in May 2018, Punjab Pollution Control Board (PPCB) in
India launched compostable bags for storage and disposal of biomedical waste in
hospitals. The organization distributed these eco-friendly waste collectors to
multiple hospitals in the state for trial. According to feedback received from
the hospitals, bags are found to be strong and durable.
Product Insights:
Based on product, the medical
specialty bags market is categorized into resuscitation bags, anesthesia, bile
collection, sterile packaging, blood, intravenous, cadaver, enteral feeding,
ostomy collection, enema, and continuous ambulatory peritoneal dialysis (CAPD).
Ostomy collection segment is anticipated to dominate and account for largest
market share over the forecast period. This is attributed to rising cases of
IBD and colorectal cancer. In addition, growing geriatric population and rising
health awareness is driving segment’s growth.
Disposable intravenous pouches
are also getting popular among healthcare facilities owing to benefits such as effectiveness
and biodegradability. Growing focus on use of eco-friendly materials will drive
segment’s growth.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Medical Specialty Bags:
Market Variables, Trends & Scope
Chapter 4 Medical Specialty Bags:
Product Estimates & Trend Analysis
Chapter 5 Medical Specialty Bags:
Application Estimates & Trend Analysis
Chapter 6 Medical Specialty Bags:
End-use Estimates & Trend Analysis
Chapter 7 Medical Specialty Bags:
Industrial End-use Estimates & Trend Analysis
Chapter 8 Medical Specialty Bags:
Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Medical Specialty Bags:
Manufacturers Company Profiles
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