Medical Specialty Bags Market By Product (Anesthesia, Sterile Packaging, Bile Collection, Intravenous, Blood, CAPD, Enema ) is Expected to Reach USD 10.31 Billion by 2020 - WTRF 7 News Sports Weather - Wheeling Steubenville

Medical Specialty Bags Market By Product (Anesthesia, Sterile Packaging, Bile Collection, Intravenous, Blood, CAPD, Enema ) is Expected to Reach USD 10.31 Billion by 2020

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Market Size - $7.54 Bn 2013, Market Growth - CAGR of 4.6%, Market Trends Environmental concerns, regulatory support and product innovation driving demand for non- PVC bags new report by Grand View Research. View full report - http://www.grandviewresearch.com/industry-analysis/medical-specialty-bags-market.

San Francisco, California (PRWEB) June 25, 2014

The medical specialty bags market is expected to reach USD 10.31 billion by 2020, according to a new study by Grand View Research, Inc. Increasing old-age population (65 years and above) base and prevalence of urinary is expected to serve this market as a high impact rendering driver during the forecast period. In addition, government initiatives aimed at increasing healthcare expenditure, setting affordable prices and designing better reimbursement policies is expected to drive market growth over the next six years. High unmet medical needs coupled with the introduction of low cost medical specialty bags and growing patient awareness and disposable income levels in emerging markets such as India, China and Brazil is expected to fuel future growth of this market. High excise tax on healthcare device such as in Canada, U.S., etc is expected to serve as key challenge for medical specialty bags market.

Ostomy collection bags dominated the overall market in 2013, with revenue estimated at USD 2.94 billion, expected to grow at a CAGR of 4.5% from 2014 to 2020. Bile collection bags, on the other hand, are expected to grow at the fastest CAGR of 6.5% from 2014 to 2020, majorly owing to the growing demand for minimally invasive rising number of laparoscopic cholecystectomy procedures.

The report Medical Specialty Bags Market Analysis By Product (Anesthesia, Sterile Packaging, Resuscitation Bags, Bile Collection, Intravenous, Blood, Enteral Feeding, Cadaver, Enema, Ostomy Collection, CAPD) And Segment Forecasts To 2020, is available now to Grand View Research
customers at http://www.grandviewresearch.com/industry-analysis/medical-specialty-bags-market

Request free sample of this report at http://www.grandviewresearch.com/industry-analysis/medical-specialty-bags-market/request.

Further key findings from the study suggest:

  • Intravenous (IV) fluid bags market revenue is expected to reach USD 2,469.9 million by 2020, growing at a CAGR of 5.2% from 2014 to 2020.
  • North America accounted for the largest share of the market in 2013, on account of the presence of sophisticated healthcare infrastructure, reimbursement framework and high patient awareness levels. These attributes are responsible for high usage rates and procedure volumes in the region.
  • Asia Pacific medical specialty bags marketis expected to grow at the highest CAGR of over 6.0% from 2014 to 2020. High unmet medical needs coupled with constantly improving healthcare infrastructure, patient awareness levels and healthcare expenditures are some of the factors expected to account for its rapid growth.
  • Key participants of this market include Hollister Incorporated, Fresenius Medical Care AG & Co, Terumo Corporation, Baxter International Inc. B Braun Medical, Coloplast A/S and Convatec Inc.

Browse all reports of this category at http://www.grandviewresearch.com/industry/medical-devices.

For the purpose of this study, Grand View Research has segmented the medical specialty bags market on the basis of product and region:

  •      Medical Specialty Bags Product Outlook
             Anesthesia breathing bags
             Urinary collection bags
             Bile collection bags
             Sterile packaging bags
             Blood bags
             Ostomy collection bags
                     Single use bags
                     Multiple use bags
             Enteral feeding bags
             Cadaver bags
             Resuscitation bags
                     Disposable bags
                     Reusable bags
             Continuous ambulatory peritoneal dialysis (CAPD) bags
             Intravenous fluid bags
                     PVC material based fluid bags
                     Non- PVC material based fluid bags
             Enema bags
             Ice bags
  •      Medical Specialty Bags Regional Outlook
             North America
             Europe
             Asia Pacific
             RoW

Browse all ongoing reports at http://www.grandviewresearch.com/ongoing-reports

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About Grand View Research

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058

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