Asia Pacific Medical Specialty Bags Market Size & Outlook
Asia Pacific medical specialty bags market highlights
- The Asia Pacific medical specialty bags market generated a revenue of USD 2,314.9 million in 2023.
- The market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
- In terms of segment, ostomy collection bags was the largest revenue generating product in 2023.
- Ostomy Collection Bags is the most lucrative product segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,314.9 million |
| Market revenue in 2030 | USD 3,702.7 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Ostomy collection bags |
| Fastest growing segment | Ostomy Collection Bags |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ostomy Collection Bags |
| Key market players worldwide | Hollister, B. Braun, Terumo Corp, Coloplast A/S ADR, Danaher Corp, Becton Dickinson & Co, Fresenius Medical Care AG, Baxter International Inc, ConvaTec Group PLC, Macopharma, Sterimed Group |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.3% of the global medical specialty bags market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,702.7 million by 2030.
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Medical Specialty Bags Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Macopharma | View profile | 1001-5000 | Tourcoing, Nord-Pas-de-Calais, France, Europe | https://www.macopharma.com/en/ |
| Hollister | View profile | 501-1000 | Libertyville, Illinois, United States, North America | https://www.hollister.com/ |
| Fresenius Medical Care AG | View profile | 119845 | Else-Kroener-Strasse 1, Bad Homburg, HE, Germany, 61352 | https://www.freseniusmedicalcare.com |
| Sterimed Group | View profile | 101-250 | New Delhi, Delhi, India, Asia | https://www.sterimedgroup.com |
| B. Braun | View profile | 10001+ | Chapeltown, Sheffield, United Kingdom, Europe | https://www.bbraun.co.uk |
| ConvaTec Group PLC | View profile | 10136 | 20 Eastbourne Terrace, 7th Floor, Paddington, London, United Kingdom, W2 6LG | https://www.convatecgroup.com |
| Coloplast A/S ADR | View profile | 15930 | Holtedam 1-3, Humlebaek, Denmark, DK-3050 | https://www.coloplast.com |
| Terumo Corp | View profile | 30207 | 2-44-1 Hatagaya, Shibuya-ku, Tokyo, Japan, 151-0072 | https://www.terumo.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Becton Dickinson & Co | View profile | 73000 | 1 Becton Drive, Franklin Lakes, NJ, United States, 07417-1880 | https://www.bd.com |
| Baxter International Inc | View profile | 60000 | One Baxter Parkway, Deerfield, IL, United States, 60015 | https://www.baxter.com |
Asia Pacific medical specialty bags market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical specialty bags market will help companies and investors design strategic landscapes.
Ostomy collection bags was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific medical specialty bags market based on ostomy collection bags covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Asia Pacific medical specialty bags market databook
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Our clientele includes a mix of medical specialty bags market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific medical specialty bags market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific medical specialty bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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