Medical Specialty Bags Market Size, Share, Growth Analysis, By Product Outlook(Anaesthesia Breathing Bags, Urinary Collection Bags, Bile Collection Bags, and Ostomy Collection Bags), By End User(Hospitals, Ambulatory Surgical Centers, Home Healthcare, Others), By Region - Industry Forecast 2024-2031

Global Medical Specialty Bags Market size was valued at USD 9.8 billion in 2022 and is poised to grow from USD 10.24 billion in 2023 to USD 14.56 billion by 2031, growing at a CAGR of 4.50% during the forecast period (2024-2031).

The geriatric population and the increasing incidence of acute diseases, including bladder cancer and other diseases associated with the bladder, are the main reasons for this growth. According to the American Cancer Society, nearly 90% of cases of bladder cancer take place in individuals older than 55 years. In this regard, this disease is prevalent in elderly patients. The mean age at diagnosis is 73. With a possible 1 in 28, men are also known to develop bladder cancer compared to females whose risk is about 1 in 89 throughout their life. Bags of medical specialty can be used to keep the environment around the affected part to be clean and safe. They are used in storing and delivering different fluids, drugs, and nutrients to the patients. Some of the primary uses of the medical bag include feeding through the gastrointestinal tract, collection of bile, storage of blood, and sterile packing. Medical bags can contain leaking bile and incontinence of the bowel. WHO estimated that there are 120 million units of blood donation annually, and blood bags are used for the storage and transfusion of blood. Blood, urine, ostomy, intravenous (IV), and enteral bags come in a variety of sizes and shapes but are made of rubber, latex, and plastic.