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Global Ostomy Drainage Bags Market, Size, Share, Analysis Report & Forecast to 2026

10-04-2021 11:03 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global ostomy drainage bags market is anticipated to grow at a CAGR of 4.2% during the forecast period. An ostomy is a procedure that creates a stoma or opening from a location in the body's interior to the outside. It is primarily used to treat diseases of the urinary and digestive systems. It is possible to have a permanent or temporary ostomy. Growing product developments and the prevalence of colorectal cancer, bladder cancer are two major factors contributing to the market growth. Furthermore, the growing geriatric population in Europe and the US with urinary incontinence issues is also expected to drive market growth during the forecast period. However, Patients who have had ostomy operations can experience a variety of symptoms or problems that may restrain the growth of the market. According to the National Center for Biotechnology Information (NCBI), about 20% to 70% of ostomates have stoma-related complications after surgery. Moreover, the growing awareness and acceptance regarding ostomy drainage bags in the emerging economies further projected to provide significant opportunities for the ostomy drainage bag industry.

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The global ostomy drainage bags market is segmented based on type, use, and end-user. Based on type, the market is segmented into colostomy bags, ileostomy bags, urostomy bags, and others. Based on use, the market is segregated into single-use (closed-end), and multi-use (drainable). Further, based on end-user, the market is classified into hospitals & clinics and homecare.

A Full Report of Global Ostomy Drainage Bags Market is Available at:
https://www.omrglobal.com/industry-reports/ostomy-drainage-bags-market

The global ostomy drainage bags market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America is projected to have a significant share in the global ostomy drainage bags market attributing to factors that include the rising prevalence of kidney diseases, diabetes, and the developed healthcare industry in countries such US. Furthermore, the presence of a large number of manufacturers in the region also ensures the overall growth of the industry. Other factors including the rising prevalence of colorectal cancer, lung cancer, and urinary tract cancer along with technological advancements in ostomy products are propelling market growth in the region.

Global Ostomy Drainage Bags Market – Segmentation
by Type
Colostomy Bags
Ileostomy Bags
Urostomy Bags
Others (J-Pouch, Continent Bags)
by Use
Single-Use (Closed-End)
Multi-Use (Drainable)
by End-User
Hospitals and Clinics
Homecare

Global Ostomy Drainage Bags Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
Alcare Co. Ltd.
Allegro Medical Supplies Inc.
B. Braun Melsungen AG
Duke Medical Supply, Inc.
Coloplast Corp.
ConvaTec Group Plc
Cymed Micro Skin
Flexicare (Group) Ltd.
Hollister Inc.
Marlen Manufacturing & Development Co.
Nu-Hope Laboratories, Inc.
Pelican Healthcare Ltd.
Salts Healthcare Ltd.
Schena Ostomy Technologies, Inc.
Torbot Group, Inc.
Vogt Medical Vertrieb GmbH
Welland Medical Ltd.
Romsons

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/ostomy-drainage-bags-market

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com 
Contact no: +91 780-304-0404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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