Ostomy Drainage Bags Market By Product Analysis (Colostomy Bags, Urostomy Bags, Ileostomy Bags); By Usage Analysis (Single-use (Disposable) Ostomy Bags, Multi-use (Reusable) Ostomy Bags) and By Regional Analysis – Global Forecast by 2023 - 2028
The Global Ostomy Drainage Bags Market is expected to be around US$ 4 Billion by 2028 at a CAGR of 3.5% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
3
REPORT DESCRIPTION
Ostomy relates to a surgical method wherein artificial opening is made for end of body wastage. Body squanders, for example, pee, dung and bodily fluid are gathered in manufactured sacks appended to the fake hole and these items are called ostomy waste packs. Ostomy drainage bags are utilized as a part of treating different gastrointestinal conditions. Developing commonness of such conditions crosswise over geologies that require ostomy methods is the key driver for the developing interest for Ostomy drainage bags market. Development in elderly population that raised toward ostomy drainage bags; inclination for ostomy surgery in both young people and grown-ups; and specialized headways in ostomy items drive the market development. A portion of the complexities related with utilization of ostomy waste bags are prolapsed stoma, sore skin, sustenance bolus blockage, stoma maintenance and parastomal hernia.
How Big is The Global Ostomy Drainage Bags Market?
The Global Ostomy Drainage Bags Market is expected to be around US$ 4 Billion by 2028 at a CAGR of 3.5% in the given forecast period.
The major driving factors of Global Ostomy Drainage Bags Market are as follows:
The restraining factors of Global Ostomy Drainage Bags Market are as follows:
The Global Ostomy Drainage Bags Market is segmented on the lines of its product, usage and regional. Based on product segmentation it covers colostomy bags, urostomy bags, and ileostomy bags. Based on usage segmentation it covers single-use (Disposable) ostomy bags, multi-use (Reusable) Ostomy bags. The Global Ostomy Drainage Bags Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Global Ostomy Drainage Bags Market and related technologies.
2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
3) Identifications of new market opportunities and targeted promotional plans for Global Ostomy Drainage Bags Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets on Global Ostomy Drainage Bags Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Coloplast A/S, ConvaTec, Inc., Alcare Co., Ltd., B. Braun Melsungen AG, Flexicare Medical Limited, Pelcin Healthcare Ltd., Salts Healthcare Ltd., Welland Medical Ltd., and Hollister Incorporated. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Global Ostomy Drainage Bags Market has been segmented as below:
By Product Analysis:
By Usage Analysis:
By Regional Analysis:
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1) Obtain the most up to date information available on all Global Ostomy Drainage Bags Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Ostomy Drainage Bags Market data.
4) Assess your competitor’s refining portfolio and its evolution.
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Chapter 1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Ostomy Drainage Bags Market
2.2 Comparative Analysis: Global Ostomy Drainage Bags Market, by Geography, 2017 & 2027 (Value %)
Chapter 3 Global Ostomy Drainage Bags Market Overview
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Rapidly aging population is driving demand for ostomy drainage bags
3.2.1.2 Rising incidence of colorectal cancer, bladder cancer, Crohn’s disease, ulcerative colitis and IBD
3.2.1.3 Relatively lax FDA approval norms for 510k exempted class I devices is liberalizing the entry of new entrants and new products into the market
3.2.1.4 Rising customer awareness programs are boosting demand for ostomy drainage bags
3.2.2 Market Restraints
3.2.2.1 Availability of alternative medical procedures
3.2.3 Market Opportunities
3.2.3.1 Improving health care conditions in emerging economies would lead to the growth of ostomy drainage bags market
3.2.3.2 Technological advancements in the field of stoma care would boost the ostomy drainage bags market
3.3 Regulatory Framework: Global Ostomy Drainage Bags Market
3.4 Event Impact Analysis: Global Ostomy Drainage Bags Market
3.5 Value Chain Analysis: Global Ostomy Drainage Bags Market
3.6 Global Number of Ostomy Surgical Procedures
3.6.1 Global Number of Ostomy Surgical Procedures, 2022-2027 (Million)
3.7 Porter’s Five Forces Analysis: Global Ostomy Drainage Bags Market
3.7.1 Bargaining Power of Suppliers
3.7.2 Bargaining Power of Buyers
3.7.3 Threat of Substitutes
3.7.4 Threat of New Entrants
3.7.1 Competitive Rivalry
3.8 Competitive Landscape
3.8.1 Market Share Analysis: Global Ostomy Drainage Bags Market, by Key Players, 2019 (Value %)
3.9 Market Attractiveness Analysis: Global Ostomy Drainage Bags Market, by Geography
Chapter 4 Global Ostomy Drainage Bags Market, by Types
4.1 Introduction
4.2 Average Pricing Analysis: Global Ostomy Drainage Bags Market
4.3 Colostomy Bags
4.3.1 Global Colostomy Bags Market Revenue and Volume, 2022-2027 (USD Million/Million Units)
4.4 Ileostomy Bags
4.4.1 Global Ileostomy Bags Market Revenue and Volume, 2022-2027 (USD Million/Million Units)
4.5 Urostomy Bags
4.5.1 Global Urosotomy Bags Market Revenue and Volume, 2022-2027 (USD Million/Million Units)
Chapter 5 Global Ostomy Drainage Bags Market, by Use
5.1 Overview
5.2 Single-use Ostomy Drainage Bags
5.2.1 Global Single-use Ostomy Drainage Bags Market Revenue and Volume, 2022-2027 (USD Million/Million Units)
5.3 Multi-use Ostomy Drainage Bags
5.3.1 Global Multi-use Ostomy Drainage Bags Market Revenue and Volume, 2022-2027 (USD Million/Million Units)
Chapter 6 Global Ostomy Drainage Bags Market, by Geography
6.1 Introduction
6.2 North America
6.2.1 North America Ostomy Drainage Bags Market Revenue and Volume, 2022-2027 (USD Million/Million Units)
6.2.2 United States
6.2.2.1 U.S. Ostomy Drainage Bags Market Revenue, 2022-2027 (USD Million)
6.2.3 Canada
6.2.3.1 Canada Ostomy Drainage Bags Market Revenue, 2022-2027 (USD Million)
6.3 Europe
6.3.1 Europe Ostomy Drainage Bags Market Revenue and Volume, 2022-2027 (USD Million/Million Units)
6.3.2 United Kingdom
6.3.2.1 U.K. Ostomy Drainage Bags Market Revenue, 2022-2027 (USD Million)
6.3.3 Germany
6.3.3.1 Germany Ostomy Drainage Bags Market Revenue, 2022-2027 (USD Million)
6.3.4 Rest of Europe (RoE)
6.3.4.1 Rest of Europe Ostomy Drainage Bags Market Revenue, 2022-2027 (USD Million)
6.4 Asia Pacific
6.4.1 Asia Pacific Ostomy Drainage Bags Market Revenue and Volume, 2022-2027 (USD Million/Million Units)
6.4.2 India
6.4.2.1 India Ostomy Drainage Bags Market Revenue, 2022-2027 (USD Million)
6.4.3 China
6.4.3.1 China Ostomy Drainage Bags Market Revenue, 2022-2027 (USD Million)
6.4.4 Rest of Asia Pacific
6.4.4.1 Rest of Asia Pacific Ostomy Drainage Bags Market Revenue, 2022-2027 (USD Million)
6.5 Latin America
6.5.1 Latin America Ostomy Drainage Bags Market Revenue and Volume, 2022-2027 (USD Million/Million Units)
6.5.2 Brazil
6.5.2.1 Brazil Ostomy Drainage Bags Market Revenue, 2022-2027 (USD Million)
6.5.3 Mexico
6.5.3.1 Mexico Ostomy Drainage Bags Market Revenue, 2022-2027 (USD Million)
6.5.4 Rest of Latin America (RoLA)
6.5.4.1 Rest of Latin America Ostomy Drainage Bags Market Revenue, 2022-2027 (USD Million)
6.6 Middle East & North Africa (MENA)
6.6.1 MENA Ostomy Drainage Bags Market Revenue and Volume, 2022-2027 (USD Million/Million Units)
6.6.2 Saudi Arabia
6.6.2.1 Saudi Arabia Ostomy Drainage Bags Market Revenue, 2022-2027 (USD Million)
6.6.3 United Arab Emirates (UAE)
6.6.3.1 UAE Ostomy Drainage Bags Market Revenue, 2022-2027 (USD Million)
6.6.4 Rest of Middle East & North Africa (RoMENA)
6.6.4.1 Rest of MENA Ostomy Drainage Bags Market Revenue, 2022-2027 (USD Million)
6.7 Rest of the World (RoW)
6.7.1 Rest of the World Ostomy Drainage Bags Market Revenue and Volume, 2022-2027(USD Million/Million Units)
Chapter 7 Recommendations
7.1 Investing in emerging economies in Asia Pacific and Latin America
7.2 Product differentiation based on price and product design
7.3 Extensive marketing initiatives
7.3.1 Strategic tie-ups with medical practitioners
7.3.2 Providing free samples to the patients
7.3.3 Arranging customer awareness programs and advertising
7.4 Adoption of environment friendly and biodegradable raw materials
Chapter 8 Company Profiles
8.1 ALCARE Co., Ltd.
8.1.1 Company Overview
8.1.2 Financial Overview
8.1.3 Product Portfolio
8.1.4 Business Strategies
8.1.5 Recent Developments
8.2 B. Braun Melsungen AG
8.2.1 Company Overview
8.2.2 Financial Overview
8.2.3 Product Portfolio
8.2.4 Business Strategies
8.2.5 Recent Developments
8.3 Coloplast A/S
8.3.1 Company Overview
8.3.2 Financial Overview
8.3.3 Product Portfolio
8.3.4 Business Strategies
8.3.5 Recent Developments
8.4 ConvaTec, Inc.
8.4.1 Company Overview
8.4.2 Financial Overview
8.4.3 Product Portfolio
8.4.4 Business Strategies
8.4.5 Recent Developments
8.5 Hollister Incorporated
8.5.1 Company Overview
8.5.2 Financial Overview
8.5.3 Product Portfolio
8.5.4 Business Strategies
8.5.5 Recent Developments
8.6 Pelcin Healthcare Limited
8.6.1 Company Overview
8.6.2 Financial Overview
8.6.3 Product Portfolio
8.6.4 Business Strategies
8.6.5 Recent Developments
8.7 Salts Healthcare Limited
8.7.1 Company Overview
8.7.2 Financial Overview
8.7.3 Product Portfolio
8.7.4 Business Strategies
8.7.5 Recent Developments
8.8 Welland Medical Limited
8.8.1 Company Overview
8.8.2 Financial Overview
8.8.3 Product Portfolio
8.8.4 Business Strategies
8.8.5 Recent Developments
The Global Ostomy Drainage Bags Market has been segmented as below:
By Product Analysis:
By Usage Analysis:
By Regional Analysis:
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