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Ostomy Drainage Bags Market to Set Phenomenal Growth from 2018 to 2025: Global Key Players Analysis - ConvaTec Inc, Coloplast, Smith & Nephew Plc, Pelican Healthcare Limited, Goodhealth Inc, B. Braun Melsungen AG

07-19-2018 01:23 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Ostomy Drainage Bags Market

Ostomy Drainage Bags Market

This study provides insights about the Global Ostomy Drainage Bags Market in regards to its uses and benefits. We at Data Bridge Market Research provide updated information that is beneficial in decision making regarding business investments.

According to Data Bridge Market Research new Market report, Global Ostomy Drainage Bags Market , “By Product Type (Colostomy Bags, Ileostomy Bags, Urostomy Bags, Continent Ileostomy Bags, Continent Urostomy Bags), By Procedure (Colostomy, Urostomy, Ileostomy), By Usage (Reusable, Disposable), By End-user (Hospitals, Clinics, Ambulatory Centers, Homecare, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast is projected to reach USD 4.72 billion by 2025, at a CAGR of 4.8% during the forecast period of 2018 to 2025.

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Global Ostomy Drainage Bags Market

Ostomy is a surgical procedure in which an artificial opening called as stoma is made from colon of the human body to eliminate body wastes such as urine, mucus, and stools. Bags or pouches which are made of rubber or plastic are known as ostomy drainage bags. These are used to collect waste. These bags are widely used in prevalence of bladder, colorectal, and urinary tract cancer.

The United Ostomy Association estimates that more than 500,000 Americans have some type of stoma. Over 12 million people are living with an ostomy in the United States, whereas it is estimated that approximately 13,000 ostomy surgeries are performed annually in Canada. Nowadays, ostomy construction is a widespread technique in every surgical department worldwide.

Various growth strategies by key players are boosting the growth of the market. For instance, in July 2017, Convatec acquired Woodbury Holdings for enterprise value of 120.5 million pounds. This acquisition will create a new home distribution business unit in the U.S. for catheter and incontinence related products.

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Segmentation: Global Ostomy Drainage Bags Market

The global market for ostomy drainage bags by the following sub-categories is presented

By Product Type

Colostomy Bags
Ileostomy Bags
Urostomy Bags
Continent Ileostomy Bags
Continent Urostomy Bags

By Procedure

Colostomy
Urostomy
Ileostomy

By Usage

Reusable
Disposable

By End-User

Hospitals
Clinics
Ambulatory Centers
Homecare
Others

By Geography

North America
South America
Europe
Asia-Pacific
Middle East and Africa

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Some of the major market players in this market are B. Braun Melsungen AG, Flexicare Medical Limited, ConvaTec Inc, Coloplast, Smith & Nephew Plc, Pelican Healthcare Limited, Goodhealth Inc, Super International, Dakshin Medical Support Systems, Salts Healthcare, Hollister Incorporated, Welland Medical Limited, Cymed Ostomy, Marlen Manufacturing, Torbot Group, Inc. among others.

This Report Consists of:

• No of pages: 350
• No of Figures: 60
• No of Tables: 220

Frequently Asked Questions:

• What will the market size be in 2025?
• What are the key factors driving the global market?
• What are the challenges to market growth?
• Who are the key players in the market?
• What are the market opportunities and threats faced by the key players?
• What will be the growth rate in 2025?
• Which strategies are used by top players in the Global Ostomy Drainage Bags Market?

View Full Report @ https://databridgemarketresearch.com/reports/global-ostomy-drainage-bags-market/

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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