PUBLISHER: IMARC | PRODUCT CODE: 1722990
PUBLISHER: IMARC | PRODUCT CODE: 1722990
The global medical specialty bags market size was valued at USD 12.05 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 17.33 Billion by 2033, exhibiting a CAGR of 3.91% from 2025-2033. North America currently dominates the medical specialty bags market share by holding over 32.8% in 2024. The market is driven by advanced healthcare infrastructure, high prevalence of chronic diseases, growing geriatric population, increasing surgical procedures, and favorable reimbursement policies in the region.
Medical specialty bags refer to portable, high-quality, specially designed bags manufactured from advanced materials, including polyester and polymer films. They aid in maintaining various biological samples in sterilized conditions to avoid leakage and control the spread of diseases caused due to bowel incontinence. On account of these properties, medical specialty bags are extensively used for sterile packaging, eternal feeding, bile gathering and blood and urine sample collection. At present, these bags are commercially available in varying product types, such as continuous ambulatory peritoneal dialysis (CAPD), ice and resuscitation bags.
The increasing health consciousness due to the rising prevalence of various chronic diseases, mostly amongst the rising geriatric population, represents one of the prime factors currently driving the medical specialty bags market growth. This is further supported by the increasing need for customer-focused products and services, which, in turn, is facilitating the widespread product adoption across the globe. In line with this, numerous favorable initiatives undertaken by the government bodies of several countries for strengthening the healthcare infrastructure and enhancing the medical standards through the employment of improved reimbursement packages is acting as another growth-inducing factor. Moreover, the escalating demand for polyvinyl chloride (PVC) bags in the healthcare sector on account of their versatility, affordability, and recyclability qualities, is contributing to the market growth. The extensive utilization of intravenous (IV) therapy bags in several applications, such as surgeries, providing nutrition to the patients, sustaining basal hydration levels and maintaining the correct electrolyte balance is further propelling the market growth. Other factors, such as strategic collaborations between key players and continuous investments in the research and development (R&D) activities in the field of medical science for introducing advanced medical tools and accessories, are creating a positive outlook for the market.
The competitive landscape of the industry has also been examined along with the profiles of the key players being Ambu A/S, B. Braun Melsungen AG, Baxter International Inc., Becton Dickinson and Company, Coloplast A/S, ConvaTec Group PLC, Hollister Incorporated, Macopharma, Medline Industries LP, Nolato AB, Pall Corporation (Danaher Corporation), SB-Kawasumi Laboratories Inc. (Sumitomo Bakelite Co. Ltd.) and Terumo Corporation.