Ostomy Drainage Bags Market
Global Ostomy Drainage Bags Market Size, Share & Trends Analysis Report by Type (Colostomy Bags, Ileostomy Bags, Urostomy Bags, and Others) By Use (Single-Use, and Multi-Use), By End-User (Hospitals & Clinics and ) Forecast 2021-2027 Update Available - Forecast 2024-2030
The global ostomy drainage bags market is anticipated to grow at a CAGR of 4.2% during the forecast period. An ostomy is a procedure that creates a stoma or opening from a location in the body's interior to the outside. It is primarily used to treat diseases of the urinary and digestive systems. It is possible to have a permanent or temporary ostomy. Growing product developments and the prevalence of colorectal cancer, bladder cancer are two major factors contributing to the market growth. Furthermore, the growing geriatric population in Europe and the US with urinary incontinence issues is also expected to drive market growth during the forecast period. However, Patients who have had ostomy operations can experience a variety of symptoms or problems that may restrain the growth of the market. According to the National Center for Biotechnology Information (NCBI), about 20% to 70% of ostomates have stoma-related complications after surgery. Moreover, the growing awareness and acceptance regarding ostomy drainage bags in the emerging economies further projected to provide significant opportunities for the ostomy drainage bag industry.
Segmental Outlook
The global ostomy drainage bags market is segmented based on type, use, and end-user. Based on type, the market is segmented into colostomy bags, ileostomy bags, urostomy bags, and others. Based on use, the market is segregated into single-use (closed-end), and multi-use (drainable). Further, based on end-user, the market is classified into hospitals & clinics and homecare.
Global Ostomy Drainage Bags Market Share by Type, 2019(%)
Colostomy bags are considered to have a significant share in the global ostomy drainage bags market
Colostomy bags are estimated to have a significant share among the type segment due to the increasing prevalence of colorectal cancer. A colostomy bag is a plastic bag that collects waste from the digestive tract through a stoma, which is a hole in the abdominal wall. Colostomy bags are preferred by the geriatric population with urinary, colorectal, and bladder tract problems to eliminate leakage that further contributing to the growth of the segment. Furthermore, various governments are taking steps to raise awareness about colostomy procedures used to treat diseases such as colorectal cancer. Moreover, technological advancements have resulted in the development of colostomy bags that are more durable, skin-friendly, unbreakable, and waterproof. These all factors are attributing to the growth of the colostomy bags segment and making it one of the dominating segments.
Regional Outlooks
The global ostomy drainage bags market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America is projected to have a significant share in the global ostomy drainage bags market attributing to factors that include the rising prevalence of kidney diseases, diabetes, and the developed healthcare industry in countries such US. Furthermore, the presence of a large number of manufacturers in the region also ensures the overall growth of the industry. Other factors including the rising prevalence of colorectal cancer, lung cancer, and urinary tract cancer along with technological advancements in ostomy products are propelling market growth in the region.
Global Ostomy Drainage Bags Market Growth, By Region 2021-2027
Asia-Pacific is projected to be the fastest-growing region in the global Ostomy Drainage Bags Market during the forecast period.
Asia-Pacific is projected to be the fastest-growing region in the ostomy drainage bags market and the growth is attributed to the rising prevalence of colorectal cancer in emerging economies such as the Philippines, South Korea, Turkey, and Indonesia. The presence of favourable government policies and significant investments in the healthcare sector in developed economies such as Australia and Japan fuels market growth in the region. Furthermore, the rising prevalence of inflammatory bowel disease and Chron's disease is propelling the market growth in the region.
Market Players Outlook
The key players of the ostomy drainage bags market include ConvaTec Group Plc., Flexicare (Group) Limited, B. Braun Melsungen AG, ALCARE Co., Ltd, Salts Healthcare Ltd, and Welland Medical Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers, and acquisitions, collaborations, and new product launches, to stay competitive in the market.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Ostomy Drainage Bags market
- Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying 'who-stands-where in the market.
1. Report Summary
1.1. Research Methods and Tools
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Ostomy Drainage Bags Industry
• Recovery Scenario of Global Ostomy Drainage Bags Industry
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Regulations
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on key players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Ostomy Drainage Bags Market by Type
5.1.1. Colostomy Bags
5.1.2. Ileostomy Bags
5.1.3. Urostomy Bags
5.1.4. Others (J-Pouch, Continent Bags)
5.2. Global Ostomy Drainage Bags market by Use
5.2.1. Single-Use (Closed-End)
5.2.2. Multi-Use (Drainable)
5.3. Global Ostomy Drainage Bags market by End-User
5.3.1. Hospitals and Clinics
5.3.2. Homecare
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Alcare Co. Ltd.
7.2. Allegro Medical Supplies Inc.
7.3. B. Braun Melsungen AG
7.4. Duke Medical Supply, Inc.
7.5. Coloplast Corp.
7.6. ConvaTec Group Plc
7.7. Cymed Micro Skin
7.8. Flexicare (Group) Ltd.
7.9. Hollister Inc.
7.10. Marlen Manufacturing & Development Co.
7.11. Nu-Hope Laboratories, Inc.
7.12. Pelican Healthcare Ltd.
7.13. Salts Healthcare Ltd.
7.14. Schena Ostomy Technologies, Inc.
7.15. Torbot Group, Inc.
7.16. Vogt Medical Vertrieb GmbH
7.17. Welland Medical Ltd.
7.18. Romsons
1. GLOBAL OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY TYPE,2020-2027 ($ MILLION)
2. GLOBAL COLOSTOMY BAGS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL ILEOSTOMY BAGS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL UROSTOMY BAGS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL OTHER OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY USE, 2020-2027 ($ MILLION)
7. GLOBAL OSTOMY DRAINAGE BAGS MARKET FOR SINGLE-USE (CLOSED-END) MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL OSTOMY DRAINAGE BAGS MARKET FOR MULTI-USE (DRAINABLE) MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
10. GLOBAL OSTOMY DRAINAGE BAGS MARKET FOR HOSPITALS & CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL OSTOMY DRAINAGE BAGS MARKET FOR HOMECARE MARKET RESEARCH AND ANALYSIS BY REGION 2020-2027 ($ MILLION)
12. GLOBAL OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
13. NORTH AMERICAN OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
14. NORTH AMERICAN OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
15. NORTH AMERICAN OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY USE, 2020-2027 ($ MILLION)
16. NORTH AMERICAN OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
17. EUROPEAN OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
18. EUROPEAN OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
19. EUROPEAN OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY USE, 2020-2027 ($ MILLION)
20. EUROPEAN OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
21. ASIA-PACIFIC OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
22. ASIA-PACIFIC OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
23. ASIA-PACIFIC OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY USE, 2020-2027 ($ MILLION)
24. ASIA-PACIFIC OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
25. REST OF THE WORLD OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
26. REST OF THE WORLD OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY TYPE 2020-2027 ($ MILLION)
27. REST OF THE WORLD OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY USE, 2020-2027 ($ MILLION)
28. REST OF THE WORLD OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL OSTOMY DRAINAGE BAGS MARKET, 2020-2027 (% MILLION)
2. IMPACT OF COVID-19 ON GLOBAL OSTOMY DRAINAGE BAGS MARKET BY SEGMENT, 2020-2027 (% MILLION)
3. RECOVERY OF GLOBAL OSTOMY DRAINAGE BAGS MARKET, 2020-2027 (%)
4. GLOBAL OSTOMY DRAINAGE BAGS MARKET SHARE BY TYPE, 2020 VS 2027 (%)
5. GLOBAL OSTOMY DRAINAGE BAGS MARKET SHARE BY USE, 2020 VS 2027 (%)
6. GLOBAL OSTOMY DRAINAGE BAGS MARKET SHARE BY END-USER 2020 VS 2027 (%)
7. GLOBAL OSTOMY DRAINAGE BAGS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL COLOSTOMY BAGS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL ILEOSTOMY BAGS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL UROSTOMY BAGS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL OTHER OSTOMY DRAINAGE BAGS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL SINGLE-USE (CLOSED-END) MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
13. GLOBAL MULTI-USE (DRAINABLE) MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
14. GLOBAL OSTOMY DRAINAGE BAGS FOR HOSPITALS & CLINICS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL OSTOMY DRAINAGE BAGS FOR HOMECARE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
16. US OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
17. CANADA OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
18. UK OSTOMY DRAINAGE BAGS AND ILEOSTOMY BAGSMARKET SIZE, 2020-2027($ MILLION)
19. FRANCE OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
20. GERMANY OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
21. ITALY OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
22. SPAIN OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
23. REST OF EUROPE OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
24. INDIA OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
25. CHINA OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
26. JAPAN OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
27. SOUTH KOREA OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
28. REST OF ASIA-PACIFIC OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
29. REST OF THE WORLD OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
