openPR Logo
Press release

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

03-06-2017 07:17 AM CET | Health & Medicine

Press release from: Allied Market LLP

Global Ostomy Drainage Bags Market Expected to Reach $3,524

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.

More info: https://www.alliedmarketresearch.com/connect-to-analyst/408

About Us:
Allied Market Research (AMR) is a full-service 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.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Direct: +1-503-894-6022
Toll Free: +1 (800) 792-5285 (U.S. & Canada)
Fax: +1 (855) 550-5975
E-mail: sales@alliedmarketresearch.com
Website: https://www.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 Global Ostomy Drainage Bags Market Expected to Reach $3,524 Million by 2022 here

News-ID: 457374 • Views: 469

More Releases from Allied Market LLP

Polyethylene Films Market 2023 Analysis of Key Trends and Drivers Shaping Future …
According to the report published by Allied Market Research, the global Polyethylene Films Market garnered $73.50 billion in 2017 and is expected to reach $90.91 billion by 2022, registering a CAGR of 3.6% from 2017 to 2023. The report has been prepared based on an in-depth market analysis with inputs from industry experts. It includes a study of the market size and share, market dynamics, market classification, and its growth prospects
Butadiene Market Statistics 2027: Major Factors that can Increase the Global Dem …
Allied Market Research published a new report, titled, "Butadiene Market." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage. The report offers key drivers that
Traction Motor Market Analysis, Key Players, Challenges, Segmentation and Foreca …
Allied Market Research published a report titled, “Traction Motor Market by Application (Railways, Electric Vehicle and Industrial Vehicles), Type (DC Traction Motor, AC Traction Motor and Synchronous Motor) and Power Rating (Less than 200 kW, 200-400 kW and More than 400 kW): Global Opportunity Analysis and Industry Forecast, 2020–2027.”According to the report, the global traction motor industry was estimated at $10.78 billion in 2019, and is expected to hit $30.06
Flip Chip Market registering a CAGR of 9%; Powered by High Demand from IoT Devic …
Flip Chip Market Report by Allied Market Research, forecasts that the global market is expected to garner $46 billion by 2022, registering a CAGR of 9% during the period 2016-2022. Asia-Pacific dominated the global flip chip market and contributed over half of the market share owing to thriving market for semiconductors and electronic devices. The exclusive advantages of flip chip such as less space consumption, better efficiency, more I/O options as

All 5 Releases


More Releases for Ostomy

United Kingdom Ostomy Procedures Outlook to 2024
GlobalData's new report, United Kingdom Ostomy Procedures Outlook to 2024, provides key procedures data on the United Kingdom Ostomy Procedures. The report provides procedure volumes within market segments-Conventional Colostomy Procedures, Conventional Ileostomy Procedures and Conventional Urostomy Procedures. The data in the report is derived from dynamic market forecast models. GlobalData uses epidemiology based models to estimate and forecast the procedure volumes. The objective is to provide information that represents the most
China Ostomy Procedures - Future Outlook to 2024
WiseGuyReports.com with their unique quality of simplifying the market research study, presents a deep diving study report “China Ostomy Procedures Outlook to 2024” China Ostomy Procedures Overview China Ostomy Procedures Outlook to 2024, provides key procedures data on the China Ostomy Procedures. The report provides procedure volumes within market segments - Conventional Colostomy Procedures, Conventional Ileostomy Procedures and Conventional Urostomy Procedures. The data in the report is derived from dynamic market forecast models. This
Italy Ostomy Procedures Outlook to 2024
Summary: ReportsWeb.com published “Italy Ostomy” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Original Content: Global Data's new report, Italy Ostomy Procedures Outlook to 2024, provides key procedures data on the Italy Ostomy Procedures. The report provides procedure volumes within market segments-Conventional Colostomy Procedures, Conventional Ileostomy Procedures and Conventional Urostomy
Spain Ostomy Procedures Outlook to 2024
Summary: ReportsWeb.com published “Spain Ostomy” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Original Content: Global Data's new report, Spain Ostomy Procedures Outlook to 2024, provides key procedures data on the Spain Ostomy Procedures. The report provides procedure volumes within market segments-Conventional Colostomy Procedures, Conventional Ileostomy Procedures and Conventional Urostomy
Russia Ostomy Procedures Outlook to 2024
Summary: ReportsWeb.com published “Russia Ostomy” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Original Content: Global Data's new report, Russia Ostomy Procedures Outlook to 2024, provides key procedures data on the Russia Ostomy Procedures. The report provides procedure volumes within market segments-Conventional Colostomy Procedures, Conventional Ileostomy Procedures and Conventional Urostomy
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