MEDICAL SPECIALTY BAGS MARKET ANALYSIS
Statistics:
The global medical specialty bags market is estimated to account for US$ 12,085.5 Mn in terms of value by the end of 2027.
Statistics:
North America held dominant position in the global medical specialty bags market in 2019, accounting for 38.3% share in terms of value, followed by Europe and Asia Pacific, respectively.
Statistics:
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.
Market Trends/Key Takeaways
Major players in the global medical specialty bags market have assessed the impact of Covid-19 on supply chain. For instance, in March 2020, Hollister Incorporated announced that the company does not anticipate any impact to its ability to supply ostomy or intermittent catheter products due to the spread of COVID-19
Major players in the market are focused on adopting partnership strategies to enhance their market share. For instance, in January 2019, Macopharma partnered with South Texas Blood & Tissue Center and Calimex to implement a paperless process from electronic donor registration through blood donation.
Medical Specialty Bags Market Report Snapshots
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