Showing posts with label Medical Specialty Bags Market. Show all posts
Showing posts with label Medical Specialty Bags Market. Show all posts
Medical Specialty Bags Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
Medical
specialty bags are for controlling several disorders that stem from
medical conditions such as bile leakage and bowel incontinence. These
bags are also used for storing blood, cadaver, and packaging
sterilized items. Global aging population, growing global
healthcare-related consumer spending, lenient FDA regulations for
class 1 medical devices, consumer awareness programs, and government
initiatives are the key factors that drive the development of the
medical specialty bags market worldwide.
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Medical Specialty Bags Market Report :
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Medical
Specialty Bags Market - The Driving Forces
The
main factors for the growth of the medical specialty bags market are
a rise in the number of hospitals in developing economies, heightened
demand for medical specialty bags due to rapidly aging population,
lenient FDA approvals for class 1 medical devices, and reimbursement
options, which encourage patients to undergo expensive treatments.
However, the restraints in the growth of the medical specialty bags
market are the presence of alternative medical procedures and lack of
awareness about medical conditions and disorders. Additionally, poor
awareness of diseases also lessens the number of medical procedures,
limiting the demand for medical specialty bags.
The
market for medical specialty bags has opportunities in the improving
healthcare sectors in developing economies. This factor is expected
to add to the numbers of healthcare procedures and benefit the
market, while a higher number of chronic diseases would also add
significantly to market growth.
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Medical
Specialty Bags - Product Segment Analysis
According
to product type, the medical specialty bags market is segmented into
enteral feeding bags, bile collection bags, blood bags, resuscitation
bags, cadaver bags, continuous ambulatory peritoneal dialysis (CAPD)
bags, enema bags, intravenous fluid bags, urinary collection bags,
anesthesia breathing bags, ostomy collection bags, and ice bags.
As
of 2013, ostomy collection bags contributed for the largest share in
the medical specialty bags market due to the persistence of chronic
diseases such as ulcerative colitis and Crohn’s disease. Growing
number of geriatrics, the rise in the number of consumer awareness
programs, and increasing disposable income of customers are also
contributors to the growth of the market for medical specialty bags.
However,
intravenous fluid bags comprised the largest share in the medical
specialty bags market in terms of volume. Extensive usage of these
bags in healthcare procedures, their effectiveness in speedy
nutrition delivery, and convenience are the main factors that are
driving the demand for these bags globally. Blood bags are reported
as being the fastest emerging category in the market, from the
standpoint of both revenue and volume.
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Medical Specialty Bags Market Article :
http://www.transparencymarketresearch.com/article/medical-specialty-bags-market.htm
Geographical
Segmentation of Medical Specialty Bags Market
Geographically,
the global market for medical specialty bags is segregated into four
regions: North America, Europe, Asia Pacific, and Rest of the World.
The market leader for medical specialty bags in 2013 was North
America. Increasing frequencies of diseases, rising incidences of
obesity and related disorders, consumer-friendly reimbursement
policies, approval of innovative products, and definite
infrastructure investments that support healthcare facilities in
North America were the key factors that it to reach the top.
The
development of countries in the Asia Pacific region has led to the
speedy growth of medical infrastructure, increased disposable income,
awareness about diseases and medical conditions. Furthermore, the
demand for a healthy lifestyle has resulted in increased healthcare
procedures, leading to a rise in the demand for medical specialty
bags. Coupled with these factors, strong economic growth in Asian
countries such as China, Philippines, India, and Singapore as well as
Australia make Asia-Pacific the most opportunity-rich market for
medical specialty bags during 2014 to 2020.
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All Medical Report :
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Medical
Specialty Bags Market – The Leading Names
Braun
Melsungen AG, Fresenius SE & Co. KGaA, Nolato AB, Smiths Medical,
Baxter International, Inc., Coloplast A/S, Medline Industries Inc.,
Hollister Incorporated, ConvaTec, Inc., Terumo Corporation, and
Macopharma SA are the major producers of medical specialty bags.
The
global medical specialty bags market is estimated to reach US$10.31
billion by the end of 2020.
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