Europe Medical Specialty Bags Market Size & Outlook

The medical specialty bags market in Europe is expected to reach a projected revenue of US$ 4,095.9 million by 2030. A compound annual growth rate of 3.2% is expected of Europe medical specialty bags market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,284.5
Forecast, 2030 (US$M)
$4,095.9
CAGR, 2024 - 2030
3.2%
Report Coverage
Europe

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Europe medical specialty bags market, 2018-2030 (US$M)

Europe medical specialty bags market, 2018-2030 (US$M)

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Europe medical specialty bags market highlights

  • The Europe medical specialty bags market generated a revenue of USD 3,284.5 million in 2023.
  • The market is expected to grow at a CAGR of 3.2% 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.


Europe data book summary

Market revenue in 2023USD 3,284.5 million
Market revenue in 2030USD 4,095.9 million
Growth rate3.2% (CAGR from 2023 to 2030)
Largest segmentOstomy collection bags
Fastest growing segmentOstomy Collection Bags
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOstomy Collection Bags
Key market players worldwideHollister, 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, Europe region accounted for 31.6% 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

Europe 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 Europe 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe medical specialty bags market , including forecasts for subscribers. This continent databook contains high-level insights into Europe medical specialty bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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