The Ostomy Drainage Bags Market Size is valued at 3402.84 Million in 2022 and is predicted to reach 5052.79 Million by the year 2031 at a 4.6 % CAGR during the forecast period for 2023-2031.
Ostomy surgery treats certain diseases related to the digestive system or urinary system. An ostomy can be temporary or permanent. Ostomy drainage bags collect urine or stool, depending on the type of ostomy surgery.
Multiple factors such as the high prevalence of cancer and chronic diseases, the rising number of ostomy procedures, the growing elderly population drive the market growth. Increased advancements in medical technologies, increasing healthcare expenditure, rising government investments for the development of healthcare facilities are further projected to boost the ostomy drainage bags market over the forecast period. The number of ostomy surgeries is increasing due to the increasing incidences of various cancers such as colorectal cancer, bladder cancer, Crohn’s disease, and ulcerative colitis, likely to boost the demand for the ostomy drainage bags market during the estimated timeframe. The United Ostomy Associations of America estimates that 100,000 ostomy surgeries are performed in the United States each year.However, alternative medical treatments, complications, and discomfort associated with ostomy bags usage are expected to hinder the market growth in the forthcoming years.
The ostomy drainage bags market is segmented into products, clinical applications, usage types, sales channels, and region. The market is classified into colostomy bags, ileostomy bags, urostomy bags, continent ileostomy bags, and continent urostomy bags by the products. The clinical applications segment is divided into colorectal cancer, bladder cancer, colonic diverticulitis, inflammatory bowel disease, and other diseases. The colostomy bags and colorectal cancer segments dominated this market in 2020 due to the increasing incidences of colorectal cancer worldwide. The market is grouped into single-use ostomy drainage bags and multi-use ostomy drainage bags by usage types. The sales channels segment comprises hospitals and specialty clinics, home care settings, and ambulatory surgical centers. The home care settings segment is estimated to lead this market due to the rising patient preference for home care services due to the COVID-19 lockdowns. The market is studied across North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa based on the region.
North America accounted for the highest market share in 2021 and is expected to continue its trend over the forecast period owing to the surging product launches, increasing demand for ostomy drainage bags, and the rising prevalence of urinary tract, colon, and lung cancer in this region.
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Report Attribute |
Specifications |
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Market Size Value In 2022 |
USD 3402.84 Million |
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Revenue Forecast In 2031 |
USD 5052.79 Million |
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Growth Rate CAGR |
CAGR of 4.6 % from 2023 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2023 to 2031 |
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Historic Year |
2019 to 2022 |
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Forecast Year |
2023-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Products, By Clinical Applications, By Usage Type, By Sales channel |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
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Competitive Landscape |
Coloplast A/S (Denmark), ConvaTec (UK), Hollister Incorporated (US), Welland Medical Limited (UK), Wellspect HealthCare (Sweden), Salts Healthcare Limited (UK), Pelcin Healthcare Limited (UK), ALCARE Co., Ltd. (Japan), B. Braun Melsungen AG (Germany), Flexicare Medical Limited (UK), Romsons (India), Schena Ostomy Technologies, Inc. (US), Torbot Group, Inc. (US), and others |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Global Ostomy Drainage Bags Market, by Products, 2020-2030 (Value US$ Mn and Volume (No. of Units))
Global Ostomy Drainage Bags Market, by Clinical Applications, 2020-2030 (Value US$ Mn and Volume (No. of Units))
Global Ostomy Drainage Bags Market, by Usage Types, 2020-2030 (Value US$ Mn and Volume (No. of Units))
Global Ostomy Drainage Bags Market, by Sales Channels, 2020-2030 (Value US$ Mn and Volume (No. of Units))
Global Ostomy Drainage Bags Market, by Region, 2020-2030 (Value US$ Mn and Volume (No. of Units))
North America Ostomy Drainage Bags Market, by Country, 2020-2030 (Value US$ Mn and Volume (No. of Units))
Europe Ostomy Drainage Bags Market, by Country, 2020-2030 (Value US$ Mn and Volume (No. of Units))
Asia Pacific Ostomy Drainage Bags Market, by Country, 2020-2030 (Value US$ Mn and Volume (No. of Units))
Latin America Ostomy Drainage Bags Market, by Country, 2020-2030 (Value US$ Mn and Volume (No. of Units))
Middle East & Africa Ostomy Drainage Bags Market, by Country, 2020-2030 (Value US$ Mn and Volume (No. of Units))
Competitive Landscape
Latest Strategic Developments
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
