Europe Ostomy Drainage Bags Market By Product Type (Colostomy Bags, Ileostomy Bags, Urostomy Bags, Continent Ileostomy Bags, Continent Urostomy Bags, Others), Procedure (Colostomy, Urostomy, Ileostomy), Usability (Single-use, Multi-use), System Type (One-piece System, Two-piece System), End User (Hospitals, Clinics, Ambulatory Surgical Centers, Homecare and Others), Country (Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe) - Industry Trends and Forecast to 2026
Market Analysis: Europe Ostomy Drainage Bags Market
Europe ostomy drainage bags market is registering a substantial CAGR in the forecast period of 2019-2026. This rise in the market value can be attributed to the rise in elderly population, rising incidence of cancer and technical developments in ostomy products.
Market Definition: Europe Ostomy Drainage Bags Market
Ostomy is an operation in which abnormal stomach space in the human body section is created to avoid body waste, such as sweating, mucus, and stools. Plastic / rubber bottles or compartments, known as ostomy sewage containers, are used for the storage of such trash. There are two types of packing: one and two-piece presses. One unit mechanism is a skin and collection bag that has to be removed when switching, and two-piece systems have a hide and disposal bag compared to each unit that left the hide when changed, leaving the collection bag behind.
- Growing elderly population, is driving the growth of the market
- Rising incidences of colorectal cancer, lung cancer, urinary tract cancer, is contributing to the growth of the market
- Technical developments in ostomy products, is propelling the growth of the market
- Growing occurrence of inflammatory bowel disease and Chron's disease, is boosting the growth of the market
- Utilization of alternate surgical interventions, is hampering the growth of the market
- Absence of awareness of emerging economies, is hindering the growth of the market
- Compensation issues, are restricting the growth of the market
Segmentation: Europe Ostomy Drainage Bags Market
By Product Type
- Colostomy Bags
- Ileostomy Bags
- Urostomy Bags
- Continent Ileostomy Bags
- Continent Urostomy Bags
- Single-use Ostomy Drainage Bags
- Multiple-use Ostomy Drainage Bags
By System Type
- One-piece System
- Two-piece System
By End User
- Ambulatory Surgical Centers
- Rest of Europe
Key Developments in the Market:
- In December 2017, Coloplast A / S purchases SAS Lilial (Lilial), private French, direct- to consumer-home supplier with domestic distributors of catheter and ostomy equipment. The purchase is a part of the Coloplast general objective to ensure that its end-customers are able to offer creative products and facilities and hopes to precede working tightly with health care experts and stream associates wireless.
- In November 2016, Hollister Incorporated, a global healthcare goods and utilities firm, was given two competitive-bid group-purchase agreements with Premier Inc. The agreements include a dual-source contract for the sale of ostomy products in the Premier Enterostomal Therapy Products range and a sole-source contract for the supply of Hollister ostomy products to Premier's ASCEND participants.
Europe ostomy drainage bags market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of ostomy drainage bags market for Europe.
Key Market Competitors:
Few of the major market competitors currently working in the Europe ostomy drainage bags market are ConvaTec Inc., Flexicare (Group) Limited, B. Braun Melsungen AG, ALCARE Co., Ltd, Pelican Healthcare Limited, Salts Healthcare Ltd, Welland Medical Limited., Hollister Incorporated, Coloplast, Torbot Group, Inc., Marlen Manufacturing & Development Company, Nu-Hope Laboratories, Inc., Perfect Choice Medical Technologies, Prowess Care, Goodhealth Inc.. Romsons, 3M, SimplyMedical.com, Oakmed Healthcare, among others.
Research Methodology: Europe Ostomy Drainage Bags Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others
Reasons to Purchase this Report
- Current and future of Europe ostomy drainage bags market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)