Global Ostomy Drainage Bags Market 2017-2021

Global Ostomy Drainage Bags Market 2017-2021

About Ostomy Drainage Bags

Ostomy drainage bag is a disposable biomedical product used by patients after an ostomy surgery to collect body waste such as stool, urine, mucus or any other cell debris. Ostomy surgeries in hospitals and other healthcare facilities increase the demand for ostomy drainage bags among inpatients. Inpatients, who may have undergone ostomies and have fresh stomas, require their drainage bags to be often changed. This increases the initial demand for the drainage bags after surgery.

Technavio’s analysts forecast the global ostomy drainage bags market to grow at a CAGR of 4.83% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global ostomy drainage bags market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Technavio's report, Global Ostomy Drainage Bags Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• B. Braun Melsungen
• Coloplast
• ConvaTec
• Hollister

Other prominent vendors

• ALCARE
• C.R. Bard
• Cymed Ostomy
• Dynarex
• Flexicare Medical
• Medline Industries
• Peak Medical
• Pelican Healthcare
• Teleflex
• Welland Medical

Market driver

• Availability of multiple products
• For a full, detailed list, view our report

Market challenge

• Inefficient ostomy care centers in developing markets
• For a full, detailed list, view our report

Market trend

• Growth of healthcare facilities
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Press Release

Technavio Announces the Publication of its Research Report – Global Ostomy Drainage Bags Market 2017-2021

Technavio recognizes the following companies as the key players in the global ostomy drainage bags market: B. Braun Melsungen, Coloplast, ConvaTec, and Hollister.

Other Prominent Vendors in the market are: ALCARE, C.R. Bard, Cymed Ostomy, Dynarex, Flexicare Medical, Medline Industries, Peak Medical, Pelican Healthcare, Teleflex, and Welland Medical.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growth of healthcare facilities. The increased number of diseases, demand for increased healthcare services, and the availability of many healthcare providers are driving the growth of healthcare facilities. Due to the increased healthcare spending, patients are opting for sophisticated treatment, including ostomy surgeries.”

According to the report, one driver in the market is availability of multiple products. Ostomy drainage bags are used by patients who have undergone surgery in the colon, ileum, or gall bladder for the treatment of various diseases. Depending on the type of surgery, the ostomy drainage bag will differ. For instance, a patient who has undergone a colostomy would be required to use a colostomy drainage bag. The availability of multiple types of ostomy drainage bags provides patients a wide array of products to choose from. Drainage bags are available as single-use or multiple-use pouches for different ostomy surgeries.

Further, the report states that one challenge in the market is inefficient ostomy care centers in developing markets. The ostomy care centers function as in-house facilities of the multispecialty or superspecialty hospitals or as independent patient care centers. During the post-ostomy stage, ostomy care centers provide patients the required training, such as wound management, cleaning of the stoma, safe disposal of waste from the drainage bag, and infection prevention. These services are provided to inpatients and in some cases, to homecare patients during their hospital visits.

Companies Mentioned

B. Braun Melsungen, Coloplast, ConvaTec, Hollister, ALCARE, C.R. Bard, Cymed Ostomy, Dynarex, Flexicare Medical, Medline Industries, Peak Medical, Pelican Healthcare, Teleflex, and Welland Medical.