$10.88 Billion Forecast for Medical Specialty Bags Market by 2029, Backed by Demand and Innovation
Discover trends, market shifts, and competitive outlooks for the medical specialty bags industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
What Are the Key Projections for the CAGR of the Medical Specialty Bags Market Size From 2025 to 2034?
There has been consistent growth in the size of the medical specialty bags market in the past few years. The market, which is projected to increase from $8.43 billion in 2024 to $8.84 billion in 2025, has a compound annual growth rate (CAGR) of 4.9%. This increase during the historical period can be credited to factors such as the increasing specialization within the medical field, a rise in chronic disease cases, escalating demand for less invasive procedures, an expansion in global healthcare and an increase in disposable income.
In the following years, the market size of medical specialty bags is predicted to experience robust growth. It will surge to $10.88 billion in 2029, with a compound annual growth rate (CAGR) of 5.3%. The upswing during the forecast period can be linked to the heightened emphasis on preventive healthcare, the growth in personalized medicine demand, the burgeoning need for home healthcare services, increased attention towards patient safety, and an ageing population. Key trends projected for this period encompass the utilization of digital health technologies, intelligent medical bags, bespoke patient-focused solutions, infection management, sustainability, and biodegradability.
Download a free sample to assess the report’s scope and structure:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12955&type=smp
What Are the Core Growth Drivers Propelling the Medical Specialty Bags Market Forward?
The medical specialty bags market’s progression is predicted to be boosted by the rising amount of surgeries. Surgery is a therapeutic engagement that employs various instruments and methodologies to identify, rectify, or treat a range of conditions, illnesses, or injuries in the body. Surgical operations necessitate the use of medical specialty bags for a variety of responsibilities, including patient care, waste management, and equipment sterilization. For example, the International Society of Aesthetic Plastic Surgery (ISAPS), based in the UK, reported in June 2024 that the combined tally of surgical and non-surgical procedures was around 34.9 million, indicating a 3.4% growth. Surgical procedures alone marked a 5.5% upswing, reaching over 15.8 million in 2023. Therefore, the rise in surgery operations is inciting the expansion of the medical specialty bags market.
Medical Specialty Bags Market Driver: Escalating Occurrence Of Chronic Illnesses Promotes Growth Of The Medical Specialty Bags Market
What Segment Types Define the Medical Specialty Bags Market Structure?
The medical specialty bags market covered in this report is segmented –
1) By Product: Intravenous Fluid Bags, Ostomy Bags, Sterile Packaging Bags, Continuous Ambulatory Peritoneal Dialysis Bags (CAPD), Anesthesia And Resuscitation Bags, Other Products
2) By Material: Polyvinyl Chloride (PVC) Compounds, Polyolefins, Other Materials
3) By End-User: Hospitals, Ambulatory Surgical Centers, Home Healthcare, Other End-Users
Subsegments:
1) By Intravenous Fluid Bags: PVC IV Bags, Non-PVC IV Bags, Combination IV Bags
2) By Ostomy Bags: Colostomy Bags, Ileostomy Bags, Urostomy Bags
3) By Sterile Packaging Bags: Pouch Bags, Roll Bags, Custom Sterile Packaging Bags
4) By Continuous Ambulatory Peritoneal Dialysis (CAPD) Bags: Standard CAPD Bags, CAPD Bags With Integrated Filters, Specialty CAPD Bags
5) By Anesthesia And Resuscitation Bags: Manual Resuscitators (Ambu Bags), Anesthesia Breathing Circuits, Disposable Anesthesia Bags
6) By Other Products: Drainage Bags, Blood Bags, Collection Bags
Request customized data on this market:
https://www.thebusinessresearchcompany.com/customise?id=12955&type=smp
Which Geographic Areas Hold the Strongest Growth Potential in the Medical Specialty Bags Market?
North America was the largest region in the medical specialty bags market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in medical specialty bags market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Which Emerging Trends that Are Influencing theMedical Specialty Bags Industry Evolution?
Prominent companies in the medical specialty bags market are introducing new and advanced products, such as dual chamber bag items, to maintain their market position. Dual chamber bags are unique medical bags that feature two separate compartments for storing and transporting different components needed in medical treatments. For example, Gufic Biosciences Ltd., a pharmaceutical company based in India, in June 2022, released its own version of dual chamber bags made from DEHP free polypropylene and a peelable aluminum foil. These bags are particularly designed for the storage of unstable drugs that need reconstitution just prior to being administered to the patient. The introduction of these bags presents a fresh method of drug delivery for healthcare professionals and patients alike, offering an effective and convenient way to store and administer unstable drugs.
View the full report here:
https://www.thebusinessresearchcompany.com/report/medical-specialty-bags-global-market-report
What Is the Definition of the Medical Specialty Bags Market?
Medical specialty bags refer to a category of specialized bags or pouches that are used in the medical field for various purposes. These bags are generally used in hospitals to keep blood stored in sterile conditions and to provide patients with nourishment during operations and other crucial situations.
Purchase the full report and get a swift delivery:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12955
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Get in touch with us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model