openPR Logo
Press release

Drainage Bags Market Expected to Reach $3,524 Million, Globally, by 2022

01-09-2017 04:23 PM CET | Health & Medicine

Press release from: Allied Analytics LLP

Drainage Bags Market Expected to Reach $3,524 Million,

Ostomy Drainage Bags Market report, published by Allied Market Research, forecasts that the global market is expected to garner$3,524 million by 2022, growing at a CAGR of 3.6% during the period 2016-2022.

Access Full Summary at: https://www.alliedmarketresearch.com/ostomy-drainage-bags-market

The ostomy drainage bags market was valued at $2,742 million in 2015, and is expected to reach $3,524 million by 2022, growing at a CAGR of 3.6% from 2016 to 2022.
High prevalence of colorectal cancer owing to the increase in geriatric population drives the market growth. Increase in population prone to colon cancer, urinary tract cancer, bladder cancer, colorectal cancer, inflammatory bowel disease, and chronic diseases such as ulcerative colitis and Crohns disease that require ostomy surgery, further boosts the market growth.
Launch of new ostomy products with desirable features and technological advancements would propel adoption of these products. says Hemali Narkhede, Manager, Healthcare Research at Allied Market Research.
North America was the largest regional market, followed by Europe due to moderate reimbursement scenario in these regions. Asia-Pacific is estimated to grow at the highest CAGR of 6.7% during the forecast period.

Key Findings Of The Ostomy Drainage Bags Market Study

Colostomy, ileostomy, and urostomy bags segments are expected to occupy highest market share, and are identified as lucrative targets for investment.

Colostomy bags segment dominated the ostomy drainage bags market in 2015.

Majority of the market share was dominated by North America in 2015, while Asia-Pacific is expected to grow at the highest rate.

Continent urostomy and Ileostomy bags segments are projected to grow at high CAGRs globally.

The key market players profiled in the report are F. Hoffmann-La Roche AG, Reprogenetics, LLC, Genea Limited, Illumina, Inc., Laboratory Corporation of America Holdings, Natera, Inc., PerkinElmer, Inc., Quest Diagnostics Incorporated, Genesis Genetics Ltd., and Reproductive Genetics Innovations LLC.

Allied Market Research is a global market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain

Pune ( India )
Office No.102D & E,2nd Floor,
A-3 Building E space IT park ,
Pune Nagar Road,
Pune 411014.
Tel: +91 20 66346060
help@alliedmarketresearch.com

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 Drainage Bags Market Expected to Reach $3,524 Million, Globally, by 2022 here

News-ID: 407708 • Views:

More Releases from Allied Analytics LLP

Lithium-ion Battery Market: Empowering Sustainability | North America Growing by United States, Canada
Lithium-ion Battery Market: Empowering Sustainability | North America Growing by …
According to a new report published by Allied Market Research, The lithium-ion battery market size was valued at $46.2 billion in 2022, and lithium-ion battery industry is estimated to reach $189.4 billion by 2032, growing at a CAGR of 15.2% from 2023 to 2032. A lithium-ion (Li-ion) battery is a type of rechargeable battery that uses lithium ions to store and release electrical energy. Li-ion batteries have become the dominant technology
Small Wind Power Market Growth Rate of 8.8% | North America Dominate by United States, Canada
Small Wind Power Market Growth Rate of 8.8% | North America Dominate by United S …
According to a new report published by Allied Market Research, The small wind power market size was valued at $7.4 billion in 2020, and global market forecast projected to reach $17.1 billion by 2030, with global small wind forecast expected at a CAGR of 8.8% from 2021 to 2030. Top Key Companies Aeolos Wind Energy Ltd, Bergey Wind Power Co., City Windmills, Eocycle Technologies Inc., Northern Power Systems, Ryse Energy, SD Wind
Ring Main Unit Market Share (CAGR of 6.2%) | Europe Growing by UK, UAE, Ireland, Germany
Ring Main Unit Market Share (CAGR of 6.2%) | Europe Growing by UK, UAE, Ireland, …
According to a new report published by Allied Market Research, the ring main unit (RMU) market size was valued at $2.7 billion in 2022, and is estimated to reach $4.8 billion by 2032, growing at a CAGR of 6.2% from 2023 to 2032. Ring main unit is a compact, sealed, and robust switchgear meeting used in secondary distribution networks. It consists of more than one component, which includes circuit breakers, modern
Environmental Technology Market Share (CAGR of 5.1%) | Europe Growing by UAE, UK, Denmark, Ireland, Netherlands, Greece, Romania, Belgium
Environmental Technology Market Share (CAGR of 5.1%) | Europe Growing by UAE, UK …
According to a new report published by Allied Market Research, the environmental technology market was valued at $0.7 trillion in 2022, and is estimated to reach $1.2 trillion by 2032, growing at a CAGR of 5.1% from 2023 to 2032. Environmental Technology is also known as 'green' or 'clean' technology and refers to the development of new technologies which aim to conserve, monitor or reduce the negative impact of technology on

All 5 Releases


More Releases for Drainage

Drainage Plows Market 2020 Competitive Insights – Drainage Plows Market 2020 C …
Global Drainage Plows Market Insights, Forecast to 2026 The Drainage Plows Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on
Ostomy Drainage Systems Market Expected to Deliver Dynamic Progression until 202 …
Ostomy is a surgical procedure that includes stoma, an artificial opening and is made out of the colon of the human body to dispense body wastes such as mucus, stools and urine. As per the National Institute of Diabetes and Digestive and Kidney Diseases, ostomy can be classified into three types viz. colostomy, ileostomy and urostomy. Ostomy drainage systems include either plastic or rubber bags/pouches, which collect these wastes. Two
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
Surgical Drainage Devices Market: Active drainage devices exhibit a greater upta …
The intense rivalry between the leading players, Acelity L.P. Inc., Smith & Nephew Plc., and Cardinal Health, defines the competitive landscape of the global market for surgical drainage devices, finds a report by Transparency Market Research (TMR). These three manufacturers held nearly 74% of the overall market in 2015. Hitherto, the key participants concentrated more on product innovation and advancements in technology. However, a shift in their focus towards mergers and
Ostomy Drainage Bags Industry Share Report
Global Ostomy Drainage Bags Market: Snapshot  The rising prevalence of bladder, colorectal, and urinary tract cancer is the foremost factor stoking the growth of the global ostomy drainage bags market. The widening pool of aged population across the globe is also working in favor of the market, since aged people are more susceptible to different types of cancers. Besides this, the increasing incidence of lifestyle-related disorders is augmenting the demand for
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