Ostomy Drainage Bags Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026

Report ID: GMI4682




Summary Methodology

Ostomy Drainage Bags Market size is expected to grow significantly from 2020 to 2026. Ostomy surgery is one of the life-saving process that permits bodily waste including urine and stool among others to pass through a surgically performed stoma on the abdomen. This surgery is important due to the medical conditions including inflammatory bowel disease, cancer, birth defects and incontinence among others. Additionally, ostomy surgery can occur at any stage and does not lower the life expectancy, that accelerates the overall business progression.
 

Ostomy Drainage Bags Market

Get more details on this report - Request Free Sample PDF
 

Surging elderly population base with colorectal cancer will boost the demand for ostomy drainage bags. The number of elderly population base aged 80 years and over is estimated to surge at a much faster rate than the younger population. Geriatric population base has low immune system as compared to adults and is widely susceptible towards chronic conditions. In addition, various conditions such as diabetes and obesity thereby raise the demand for ostomy bags. Therefore, wide availability and increasing demand of drainage bags at home care settings will drive the overall market growth.
 

The industry players operating in the ostomy drainage bags market share are continuously focusing on introducing efficient and affordable products that will eventually drive the market demand. These manufacturers focus on developing a range of products that are widely used in the hospital settings and are indulging in advancement and innovation that propels the market growth. In addition, different players including ConvaTec, B. Braun and Salts Healthcare among others are constantly aiming to introduce innovative products including colostomy bags and ileostomy bags. Hence, above-mentioned aspects thereby augment the demand for ostomy drainage bags for better patient management. However, reimbursement issues may hinder the ostomy drainage bags industry growth.
 

On the basis of type, the market covers ileostomy bags, colostomy bags, urostomy bags and others. A colostomy bag is a plastic bag that widely accumulates fecal matter from the digestive tract from an opening in the abdominal wall known as a stoma. These colostomy drainage bags are extensively used in ambulatory surgical centers and hospitals to effectively manage and treat the patients’ health that fosters the segmental progression.
 

The hospitals segment will grow substantially during the analysis period. Availability of technologically advanced products to cater greater population along with better patient comfort will boost the demand and need for ostomy drainage bags in hospital settings. Moreover, hospitals deliver accurate diagnosis in the presence of a specialized healthcare team that will eventually augment the business expansion.
 

North America ostomy drainage bags market share will account for substantial revenue share by 2026 owing to rising prevalence of chronic diseases in this region. Rising geriatric population base suffering from various types of disorders such as cancer and others will augment the regional growth. Furthermore, presence of large number of manufacturers in this region thereby secures the overall industry growth.
 

Prominent industry players operating in ostomy drainage bags market include ALCARE, Nu-Hope Laboratories, B. Braun, Coloplast, ConvaTec, Flexicare (Group), Pelican Healthcare, Salts Healthcare, Torbot Group and Welland Medical. Eminent market players working in this industry adopt several in-organic and organic growth strategies to sustain industry competition.
 

Ostomy Drainage Bags Market By Type, 2015-2026 (USD Million)

  • Colostomy Bags
  • Ileostomy Bags
  • Urostomy Bags
  • Others

Ostomy Drainage Bags Market By End-use, 2015-2026 (USD Million)

  • Hospitals
  • Home Care Settings
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • South Africa
    • Saudi Arabia
       

What Information does this report contain?

Historical data coverage: 2015 to 2019; Growth Projections: 2020 to 2026.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.


Customize this Report

Pre Book Now

Need a Discount? Get in touch with us for special pricing

Request Discount

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

Connect with our sales team

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

GMIPulse, our report store

We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework.

Chat with us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X