Ostomy Drainage Bags Market By Type (Colostomy Bags, Ileostomy Bags, Urostomy Bags, Continent Ileostomy Bags, Continent Urostomy Bags): Global Opportunity Analysis and Industry Forecast, 2020-2030
The ostomy drainage bags market was valued at $1,658.38 million in 2020, and is estimated to reach $2,409.38 million by 2030, growing at a CAGR of 3.8% from 2021 to 2030. Ostomy is a surgical procedure in which an artificial opening, known as stoma, is made from the colon of the human body to eliminate body wastes such as urine, mucus, and stools, which are collected in artificial bag called ostomy drainage bag. These plastic/rubber bags or pouches are of two types, including one-piece and two–piece systems. One-piece systems include a skin barrier and a collection pouch together as a single unit that needs to be removed completely when changed, while two-piece systems consist of both a skin barrier and collection pouch as different units such that the skin barrier is retained when changed separating the collection pouch.
Ostomy drainage bags are used in treatment of instance bladder, intestinal, and inflammatory bowel disease (IBD); different types of cancer (e.g., colon cancer, bladder cancer, colorectal cancer, and prostate cancer); Crohn’s disease; and inflamed or irritated areas of colon. These bags can either be temporary or permanent, depending on the patient’s health conditions. In addition, increase in awareness among the population; rise in incidence of colorectal cancer, bladder cancer, urinary tract cancer, Crohn’s disease, and IBD; growth in geriatric population inclining toward ostomy drainage bags; preference for ostomy surgery in both youths & adults; and technical advancements in ostomy products drive the market growth. In addition, increase in western population and access to healthcare services in Asian countries such as Russia, India, and China fuel the growth of the market. The global ostomy drainage bags market is influenced by the availability of reimbursement for ostomy products. These aforementioned factors increase the demand for ostomy drainage bags.
Presently, colostomy, ileostomy, and urostomy bags have witnessed large-scale adoption, owing to increase in geriatric population with colorectal cancer and urinary tract cancer. In addition, according to research study by Vinceza Paola Dinuzzi published in Wound Management & Prevention Journal , in January 2021, it was reported that reorganization of stoma care services, including the availability of telemedicine, did not decline the number of consultations provided. The results suggest that stoma care services using telemedicine may provide valid support for patients with an ostomy in the future.
Conversely, lack of awareness in the developing countries hinder the market growth. Presently, people are more aware of health, which, in turn, compels them to maintain their health condition and increase in demand for ostomy bags. This has encouraged many key players to enter emerging markets, thus offering a lucrative growth opportunity in the ostomy drainage bags market.
The ostomy drainage bags market is segmented on the basis of type and region. By type, the market is categorized into ileostomy, colostomy, and urostomy.
Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major companies that operate in the global ostomy drainage bags market are Alcare Co. Ltd., B. Braun Melsungen AG, Coloplast A/S, Convatec Plc., Flexicare Ltd., Hollistar Incorporated, oakmed Healthcare, Pelican Healthcare Ltd., Salts Healthcare Ltd., and Welland Medical Ltd.
KEY BENEFITS FOR STAKEHOLDERS
This report provides an extensive analysis of the current and emerging market trends and dynamics in the global ostomy drainage bags market to identify the prevailing opportunities.
This study presents the competitive landscape of the global market to predict the competitive environment across geographies.
Comprehensive analysis of factors that drive and restrict the market growth is provided.
Region- & country-wise analysis is provided to understand the market trends and dynamics.
Key Market Segments
By Type
Colostomy Bags
Ileostomy Bags
Urostomy Bags
Continent Ileostomy Bags
Continent Urostomy Bags
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
ALCARE Co. Ltd.
B. Braun Melsungen AG
Coloplast A/s
ConvaTec Inc.
Flexicare Ltd
Hollister Incorporated
Oakmed Healthcare
Pelcin Healthcare Ltd.
Salts Healthcare Ltd.
Welland Medical Ltd.
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