Product Code: OMR2024039
Global Ostomy Drainage Bags Market Size, Share &Trends Analysis Report by Type (Colostomy Bags, Ileostomy Bags, Urostomy Bags, and Others) By Use (Single-Use, and Multi-Use), By End-User (Hospitals &Clinics and) Forecast 2021-2027
The global market for Ostomy Drainage Bags is projected to have a considerable CAGR of around 4.2% during the forecast period. The demand for ostomy drainage bags will increase as the elderly population with colorectal cancer grows. The aging population base, which includes those aged 80 and more, is expected to grow at a significantly quicker rate than the younger population. The immune system of the geriatric population is weaker than that of adults, making them more prone to chronic illnesses. Various diseases, like diabetes and obesity, can also increase the demand for ostomy bags. Therefore, the wide availability and increasing demand for drainage bags at home care settings will drive the market growth during the forecast period. Furthermore, due to the rising incidence of Inflammatory Bowel Diseases (IBD) also, the need for these bags has increased over time. For instance, according to a study published in the BMC Journal in August 2020 by Thomas Joshua Pasvol et al., the incidence of inflammatory bowel disease (IBD), Crohn's disease (CD), and ulcerative colitis (UC) in the UK was found to be 28.6, 10.2, and 15.7 per 100 000 population, respectively.
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 home care
Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is estimated to dominate the market owing to the increasing burden of colorectal and bladder cancer in the region. For instance, according to GLOBOCAN data, it was estimated that there will be around 155,008 (6.8%) new colorectal cancer cases in the US year 2020.
The key players of the market include ConvaTec Group Plc., Flexicare (Group) Limited, B. Braun Melsungen AG, ALCARE Co., Ltd, Salts Healthcare Ltd, and Welland Medical Ltd, among others. These market players adopt various strategies such as product launches, partnerships, collaborations, mergers, and acquisitions to sustain a strong position in the market. In November 2020, Coloplast A/S announced that it has completed the acquisition of Nine Continents Medical, Inc. an early-stage business pioneering an implantable tibial nerve stimulation treatment for overactive bladder. Coloplast's acquisition of Nine Continents and entry into the OAB segment is the company's strategy of pursuing organic and inorganic growth opportunities in the Interventional Urology business along with its strategic direction of bringing innovative solutions to market.
Research Methodology
The market study of the global Ostomy Drainage Bags market is incorporated by extensive primary and secondary research conducted by the research team at OMR Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
Financial reports of companies involved in the market
Whitepapers, research papers, and news blogs
Company websites and their product catalog
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
Global Ostomy Drainage Bags Market Research and Analysis by Type
Global Ostomy Drainage Bags Market Research and Analysis by Use
Global Ostomy Drainage Bags Market Research and Analysis by End-User
The Report Covers
Comprehensive research methodology of the global Ostomy Drainage Bags market
This report also includes a detailed and extensive market overview with key analyst insights
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations
Analysis of regional regulations and other government policies impacting the global Ostomy Drainage Bags market
Insights about market determinants that are stimulating the global Ostomy Drainage Bags market
Detailed and extensive market segments with the regional distribution of forecasted revenues
Extensive profiles and recent developments of market players
Table of Contents
1. Report Summary
- 1.1. Research Methods and Tools
- Current Industry Analysis and Growth Potential Outlook
- Impact of COVID-19 on the Global Ostomy Drainage Bags Industry
- Recovery Scenario of Global Ostomy Drainage Bags Industry
- 1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Geography
2. Market Overview and Insights
- 2.1. Scope of the Report
- 2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion
- 2.3. Regulations
3. Competitive Landscape
- 3.1. Key Company Analysis
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
- 3.2. Key Strategy Analysis
- 3.3. Impact of COVID-19 on key players
4. Market Determinants
- 4.1. Motivators
- 4.2. Restraints
- 4.3. Opportunities
5. Market Segmentation
- 5.1. Global Ostomy Drainage Bags Market by Type
- 5.1.1. Colostomy Bags
- 5.1.2. Ileostomy Bags
- 5.1.3. Urostomy Bags
- 5.1.4. Others (J-Pouch, Continent Bags)
- 5.2. Global Ostomy Drainage Bags market by Use
- 5.2.1. Single-Use (Closed-End)
- 5.2.2. Multi-Use (Drainable)
- 5.3. Global Ostomy Drainage Bags market by End-User
- 5.3.1. Hospitals and Clinics
- 5.3.2. Homecare
6. Regional Analysis
- 6.1. North America
- 6.1.1. United States
- 6.1.2. Canada
- 6.2. Europe
- 6.2.1. UK
- 6.2.2. Germany
- 6.2.3. Italy
- 6.2.4. Spain
- 6.2.5. France
- 6.2.6. Rest of Europe
- 6.3. Asia-Pacific
- 6.3.1. China
- 6.3.2. India
- 6.3.3. Japan
- 6.3.4. South Korea
- 6.3.5. Rest of Asia-Pacific
- 6.4. Rest of the World
7. Company Profiles
- 7.1. Alcare Co. Ltd.
- 7.2. Allegro Medical Supplies Inc.
- 7.3. B. Braun Melsungen AG
- 7.4. Duke Medical Supply, Inc.
- 7.5. Coloplast Corp.
- 7.6. ConvaTec Group Plc
- 7.7. Cymed Micro Skin
- 7.8. Flexicare (Group) Ltd.
- 7.9. Hollister Inc.
- 7.10. Marlen Manufacturing & Development Co.
- 7.11. Nu-Hope Laboratories, Inc.
- 7.12. Pelican Healthcare Ltd.
- 7.13. Salts Healthcare Ltd.
- 7.14. Schena Ostomy Technologies, Inc.
- 7.15. Torbot Group, Inc.
- 7.16. Vogt Medical Vertrieb GmbH
- 7.17. Welland Medical Ltd.
- 7.18. Romsons
LIST OF TABLES
- 1. GLOBAL OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY TYPE,2020-2027 ($ MILLION)
- 2. GLOBAL COLOSTOMY BAGS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
- 3. GLOBAL ILEOSTOMY BAGS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
- 4. GLOBAL UROSTOMY BAGS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
- 5. GLOBAL OTHER OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
- 6. GLOBAL OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY USE, 2020-2027 ($ MILLION)
- 7. GLOBAL OSTOMY DRAINAGE BAGS MARKET FOR SINGLE-USE (CLOSED-END) MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
- 8. GLOBAL OSTOMY DRAINAGE BAGS MARKET FOR MULTI-USE (DRAINABLE) MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
- 9. GLOBAL OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
- 10. GLOBAL OSTOMY DRAINAGE BAGS MARKET FOR HOSPITALS & CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
- 11. GLOBAL OSTOMY DRAINAGE BAGS MARKET FOR HOMECARE MARKET RESEARCH AND ANALYSIS BY REGION 2020-2027 ($ MILLION)
- 12. GLOBAL OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
- 13. NORTH AMERICAN OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
- 14. NORTH AMERICAN OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
- 15. NORTH AMERICAN OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY USE, 2020-2027 ($ MILLION)
- 16. NORTH AMERICAN OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
- 17. EUROPEAN OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
- 18. EUROPEAN OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
- 19. EUROPEAN OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY USE, 2020-2027 ($ MILLION)
- 20. EUROPEAN OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
- 21. ASIA-PACIFIC OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
- 22. ASIA-PACIFIC OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
- 23. ASIA-PACIFIC OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY USE, 2020-2027 ($ MILLION)
- 24. ASIA-PACIFIC OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
- 25. REST OF THE WORLD OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
- 26. REST OF THE WORLD OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY TYPE 2020-2027 ($ MILLION)
- 27. REST OF THE WORLD OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY USE, 2020-2027 ($ MILLION)
- 28. REST OF THE WORLD OSTOMY DRAINAGE BAGS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
LIST OF FIGURES
1. IMPACT OF COVID-19 ON GLOBAL OSTOMY DRAINAGE BAGS MARKET, 2020-2027 (% MILLION)
2. IMPACT OF COVID-19 ON GLOBAL OSTOMY DRAINAGE BAGS MARKET BY SEGMENT, 2020-2027 (% MILLION)
- 3. RECOVERY OF GLOBAL OSTOMY DRAINAGE BAGS MARKET, 2020-2027 (%)
- 4. GLOBAL OSTOMY DRAINAGE BAGS MARKET SHARE BY TYPE, 2020 VS 2027 (%)
- 5. GLOBAL OSTOMY DRAINAGE BAGS MARKET SHARE BY USE, 2020 VS 2027 (%)
- 6. GLOBAL OSTOMY DRAINAGE BAGS MARKET SHARE BY END-USER 2020 VS 2027 (%)
- 7. GLOBAL OSTOMY DRAINAGE BAGS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
- 8. GLOBAL COLOSTOMY BAGS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
- 9. GLOBAL ILEOSTOMY BAGS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
- 10. GLOBAL UROSTOMY BAGS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
- 11. GLOBAL OTHER OSTOMY DRAINAGE BAGS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
- 12. GLOBAL SINGLE-USE (CLOSED-END) MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
- 13. GLOBAL MULTI-USE (DRAINABLE) MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
- 14. GLOBAL OSTOMY DRAINAGE BAGS FOR HOSPITALS & CLINICS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
- 15. GLOBAL OSTOMY DRAINAGE BAGS FOR HOMECARE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
- 16. US OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
- 17. CANADA OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
- 18. UK OSTOMY DRAINAGE BAGS AND ILEOSTOMY BAGSMARKET SIZE, 2020-2027($ MILLION)
- 19. FRANCE OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
- 20. GERMANY OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
- 21. ITALY OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
- 22. SPAIN OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
- 23. REST OF EUROPE OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
- 24. INDIA OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
- 25. CHINA OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
- 26. JAPAN OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
- 27. SOUTH KOREA OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
- 28. REST OF ASIA-PACIFIC OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)
- 29. REST OF THE WORLD OSTOMY DRAINAGE BAGS MARKET SIZE, 2020-2027($ MILLION)