Press release
The Ostomy Drainage Bags Market to grace digital transformation curve at a CAGR of 3.5%
The ostomy drainage bags market contributed approximately 56% share to the global ostomy care market, which valued at US$ 2.8 Bn in 2020.
The global ostomy drainage bags market is expected to grow significantly in the coming years due to the increasing prevalence of colorectal and bladder cancer, as well as increasing rates of inflammatory bowel disease. The market is also being driven by technological advancements in ostomy drainage bags, such as the development of more discreet and comfortable products.
The market for ostomy drainage bags is segmented by product type, including closed-end and drainable bags. The closed-end bags segment is expected to account for the largest share of the market due to the high demand for these products. The drainable bags segment is also expected to witness significant growth due to the increasing preference for these products due to their convenience and ease of use.
The ostomy drainage bags market is also segmented by end user, including hospitals, home care, and others. The hospitals segment is expected to account for the largest share of the market due to the high number of ostomy surgeries performed in hospitals. The home care segment is also expected to witness significant growth due to the increasing trend of patients receiving care at home.
Request for Free Sample Copy@ https://www.persistencemarketresearch.com/samples/3650
Companies
Hollister Incorporated
Alcare Co. Ltd.
Coloplast Group
ConvaTec, Inc
Braun Melsungen AG
Torbot Group Inc.
Flexicare Medical Ltd
Marlen Manufacturing & Development
Pelcin Healthcare Ltd
Salts Healthcare Ltd
Welland Medical Ltd
Prowess Care
Oakmed Healthcare
Goodhealth Inc.
What's Restraining Demand Growth of Ostomy Drainage Bags?
Although application of ostomy drainage bags is beneficial to patients who suffer from colorectal injuries due to trauma, or patients suffering from colorectal cancers, inflammatory bowel disease, etc., there have been various recorded cases of ostomy drainage bag complications such as skin irritation around the surgical site, leakage from the surgical site, and dehydration.
Unfavorable reimbursement policies by insurance companies also hamper ostomy drainage bags market growth. The tendency of patients and caregivers to go for alternative treatments to ostomy decreases the overall usage of ostomy care bags and accessories.
Request For Customization @ https://www.persistencemarketresearch.com/request-customization/3650
Main Segments Covered in Ostomy Drainage Bags Market Industry Research
By Product
Colostomy Drainage Bags
Ileostomy Drainage Bags
Urostomy Drainage Bags
By Modality
Single-Use Ostomy Drainage Bags
Multi-Use Ostomy Drainage Bags
By End User
Ostomy Drainage Bags for Hospitals
Ostomy Drainage Bags for Clinics
Ostomy Drainage Bags for Surgical Centres
Ostomy Drainage Bags for Home Care Settings
Ostomy Drainage Bags for Diagnostic Laboratories
Ostomy Drainage Bags for Research and Academic Institutes
Get up to 20% discount on Full Report Purchase @ https://www.persistencemarketresearch.com/checkout/3650
Read More:
https://www.persistencemarketresearch.com/market-research/ostomy-drainage-bags-market.asp
Related Reports:
Telemedicine Market
https://www.persistencemarketresearch.com/market-research/telemedicine-market.asp
Robotic Surgery Market
https://www.persistencemarketresearch.com/market-research/robotic-surgery-market.asp
Veterinary Teleradiology Market
https://www.persistencemarketresearch.com/market-research/veterinary-teleradiology-market.asp
Dental Radiology Equipment Market
https://www.persistencemarketresearch.com/market-research/dental-radiology-equipment-market.asp
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About Us:
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Ostomy Drainage Bags Market to grace digital transformation curve at a CAGR of 3.5% here
News-ID: 2857298 • Views: …
More Releases from Persistence Market Research
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for Drainage
Ostomy Drainage Bags Market Ostomy Drainage Bags Market
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Ostomy Drainage Bags Market by Products (Colostomy Bags, Ileostomy Bags, Urostomy Bags, Continent Ileostomy Bags, and Continent Urostomy Bags), Clinical Applications (Colorectal Cancer, Bladder Cancer, Colonic Diverticulitis, Inflammatory Bowel Disease, Other Diseases), Usage Types (Single-use, Multi-use) Market Trends, Industry Competition Analysis, Revenue and Volume Forecast To 2031."
According to the most recent market research report, the…
Prominent Thoracic Drainage Devices Market Trend for 2025: Introduction of Innov …
What industry-specific factors are fueling the growth of the thoracic drainage devices market?
The growth of the thoracic drainage devices market is expected to be driven by the escalating incidence of cardiovascular and pulmonary diseases. These disorders comprise a variety of conditions affecting the heart, blood vessels, and lungs, consequently impacting overall cardiovascular and respiratory wellness. The surge in these disorders can be attributed to factors such as sedentary lifestyles, unhealthy…
Thoracic Drainage Devices Market
Global Thoracic Drainage Devices Market Overview
The global Thoracic Drainage Devices Market is anticipated to experience substantial growth, driven by a high Compound Annual Growth Rate (CAGR) during the forecast period from 2023 to 2030. Key trends, including a shift toward minimally invasive thoracic drainage procedures, are expected to dominate the market.
Market Transformation Trends
1. Digitalization in Chest Drainage Systems:
The market is undergoing a transformation influenced by digitalization in chest drainage systems,…
Interventional Radiology Drainage Procedures Market - Advanced Interventional Ra …
Newark, New Castle, USA: The "Interventional Radiology Drainage Procedures Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Interventional Radiology Drainage Procedures Market: https://www.growthplusreports.com/report/interventional-radiology-drainage-procedures-market/8596
This latest report researches the…
Neurosurgical Drainage Devices Market Manufacturing Cost Structure Analysis of N …
Algoro Reports , recently published a detailed market research study focused on the "Neurosurgical Drainage Devices in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025".
To know about the expectations considered for the study, downloads sample PDF: https://www.algororeports.com/sample-request/global-neurosurgical-drainage-devices-market-professional-survey-report-2018
"Neurosurgical Drainage Devices in Global market report focuses on top manufacturers…
Ostomy Drainage Bags Market
Ostomy is a surgery to make an opening or stoma from a locale present in the interior of the body to the exterior. It predominantly treats diseases related to urinary or digestive systems. Ostomy may be permanent or temporary. In some cases an organ must be detached or removed, which is a permanent condition. However, when the organ or the specific part inside the body heals with time, and is…
