Ostomy procedures are necessary for people suffering from certain birth defects, cancer, inflammatory bowel disease, diverticulitis, incontinence, and other cases of severe abdominal or pelvic trauma resulting from accidents or from injuries. Thereby facilitating market growth, as the healthcare professionals highly recommend the usage of ostomy bags after surgical procedures.
Market Dynamics
Major factors contributing to growth of the global ostomy drainage bags market are increasing incidence of colorectal cancer and rising number of ostomy procedures. According to European Ostomy Association (2015), there are over 120,000 people living with ostomy bags and over 40,000 new ostomies are performed every year in Russia. Moreover, it is estimated that about 100,000 ostomy carriers are living in Germany in year 2017, as per German ILCO (a self-help organization in Germany). However, adoption of alternative procedures is one of the major factors expected to hinder growth of the global ostomy drainage bags market. Moreover, ostomy surgery complications is expected to negatively affect growth of the market.
Key features of the study:
- This report provides in-depth analysis of global ostomy drainage bags market and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2018–2026), considering 2017 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global ostomy drainage bags market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
- Key companies covered as a part of this study include Coloplast A/S, Welland Medical Ltd., B. Braun Melsungen AG, ConvaTec Group plc, Salts Healthcare Ltd., Hollister Incorporated, ALCARE Co., Ltd., Pelcin Healthcare Ltd., Flexicare Medical Ltd., and Torbot Group Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The global ostomy drainage bags market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ostomy drainage bags market
Detailed Segmentation:
- Global Ostomy Drainage Bags Market, By Product Type:
- Colostomy Bags
- Ileostomy Bags
- Urostomy Bags
- Global Ostomy Drainage Bags Market, By Usability:
- Single-use Ostomy Drainage Bags
- Multiple-use Ostomy Drainage Bags
- Global Ostomy Drainage Bags Market, By System Type:
- One-piece System
- Two-piece System
- Global Ostomy Drainage Bags Market, By Region:
- North America
- By Product Type:
- Colostomy Bags
- Ileostomy Bags
- Urostomy Bags
- By Usability:
- Single-use Ostomy Drainage Bags
- Multiple-use Ostomy Drainage Bags
- By System Type:
- One-piece System
- Two-piece System
- By Country:
- Latin America
- By Product Type:
- Colostomy Bags
- Ileostomy Bags
- Urostomy Bags
- By Usability:
- Single-use Ostomy Drainage Bags
- Multiple-use Ostomy Drainage Bags
- By System Type:
- One-piece System
- Two-piece System
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Product Type:
- Colostomy Bags
- Ileostomy Bags
- Urostomy Bags
- By Usability:
- Single-use Ostomy Drainage Bags
- Multiple-use Ostomy Drainage Bags
- By System Type:
- One-piece System
- Two-piece System
- By Country:
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Product Type:
- Colostomy Bags
- Ileostomy Bags
- Urostomy Bags
- By Usability:
- Single-use Ostomy Drainage Bags
- Multiple-use Ostomy Drainage Bags
- By System Type:
- One-piece System
- Two-piece System
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Product Type:
- Colostomy Bags
- Ileostomy Bags
- Urostomy Bags
- By Usability:
- Single-use Ostomy Drainage Bags
- Multiple-use Ostomy Drainage Bags
- By System Type:
- One-piece System
- Two-piece System
- By Country:
- GCC
- Israel
- Rest of Middle East
- Africa
- By Product Type:
- Colostomy Bags
- Ileostomy Bags
- Urostomy Bags
- By Usability:
- Single-use Ostomy Drainage Bags
- Multiple-use Ostomy Drainage Bags
- By System Type:
- One-piece System
- Two-piece System
- By Country/Region:
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Coloplast A/S*
- Company Overview
- Material Portfolio
- Financial Performance
- Key Highlights
- Market Strategies
- Welland Medical Ltd.
- B. Braun Melsungen AG
- ConvaTec Group plc
- Salts Healthcare Ltd.
- Hollister Incorporated
- ALCARE Co., Ltd.
- Pelcin Healthcare Ltd.
- Flexicare Medical Ltd.
- Torbot Group Inc.
“*” marked represents similar segmentation in other categories in the respective section.
