Medical Specialty Bags Market To Reach US$ 12,085.5 Million By 2027 - Coherent Market Insights

1. MEDICAL SPECIALTY BAGS MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION Medical Specialty Bags Market - Overview Blood bags are sterile bags and are nontoxic or reduce the toxicity and can store the blood for a relatively long period. Therefore, they are used in blood collection and storage of blood, especially in blood banks. Anesthesia breathing bags are used with face mask that can be placed over the mouth and nose of the patients and provides oxygen for complete breathing. Statistics: The global Medical Specialty Bags Market was estimated to account for US$ 12,085.5 Mn in terms of value by the end of 2019. High prevalence of chronic kidney disease is expected to propel growth of the global medical specialty bags market over the forecast period. For instance, according to European Renal Association – European Dialysis and Transplant Association’s data in 2018, over 850 million people worldwidehave some form of kidney disease. Global Medical Specialty Bags Market: Opportunities Increasing focus on recycling and reuse is expected to offer lucrative growth opportunities for players in the global medical specialty bags market. For instance, in November 2019, Grifols hosted North Carolina’s first recycling summit to strengthen its commitment to recycling and reuse Browse Research Reports: https://www.coherentmarketinsights.com/market-insight/medical- specialty-bags-market-509 © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION Product recalls are expected to hinder growth of the global medical specialty bags market. For instance, in September 2019, The Metrix Company recalled certain lots of empty flexible IV bags distributed throughout the United States and Canada between November 2016 and July 2019. Key Takeaways: The global medical specialty bags market was valued at US$ 8,683.7 Mn in 2019 and is forecast to reach a value of US$ 12,085.5 Mn by 2027 at a CAGR of 4.2% between 2020 and 2027. High prevalence of chronic kidney disease is expected to propel growth of the global medical specialty bags market over the forecast period. Ostomy Collection Bags segment held dominant position in the global medical specialty bags market in 2019, accounting for 30.7% share in terms of value, the growth of the segment is attributed to increasing product approvals, and increasing prevalence of chronic diseases during the forecast period. Market Trends Major players in the global medical specialty bags market are focused on expansion of production capacity to enhance their market share. For instance, in November 2019, Grifols announced the start of production at its new blood-collection systems plant in Campo Largo, Brazil with a capacity of more than 10 million blood collection bags annually. Request a Sample copy of this reports : https://www.coherentmarketinsights.com/insight/request-sample/509 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION Major players in the market are also focused on adopting M&A strategies to enhance their market share. For instance, in December 2019, AdaptHealth LLC entered into a definitive agreement with Advanced Home Care to acquire its home medical equipment business. Global Medical Specialty Bags Market: Competitive Landscape Major players operating in the global medical specialty bags market include, Braun Melsungen AG, Baxter International, Inc., Coloplast A/S, ConvaTec, Inc., Hollister Incorporated, Medline Industries Inc., Nolato AB, BD, Macopharma SA, Terumo Corporation, Smiths Medical, Fresenius SE & Co. KGaA, HLL Lifecare Limited, Ostique, Grifols, and AdaptHealth LLC. Global Medical Specialty Bags Market: Key Developments Major players in the market are focused on adopting M&A strategies to enhance their market share. For instance, in January 2020, AdaptHealth, the U.S.-based home medical equipment provider, acquired the Patient Care Solutions (PCS) business of McKesson, which added urological and ostomy products to AdaptHealth’s home medical equipment product portfolio. Buy-Now this research report: https://www.coherentmarketinsights.com/insight/buy-now/509 © Coherent market Insights. All Rights Reserved

5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved

6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

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