Global Ostomy Drainage Bags Market, By Product Type (Colostomy Bags, Ileostomy Bags, Urostomy Bags, Continent Ileostomy Bags and Continent Urostomy Bags), Procedure (Colostomy, Urostomy and Ileostomy), Usage (Reusable and Disposable), System Type (One-piece System and Two-piece System), End User (Hospitals, Clinics, Ambulatory Surgical Centres, Homecare and Others)-Industry Trends and Forecast to 2029
Market Analysis and Size
Due to an increase in the geriatric population with colorectal, bladder, and urinary tract cancer, colostomy, ileostomy, and urostomy bags have seen widespread adoption. Furthermore, the rise in advanced technologies aimed at providing patient comfort and need fuels the demand for ostomy bags.
Colostomy bags are estimated to have a significant share among the type segment due to the increasing prevalence of colorectal cancer. Data Bridge Market Research analyses that the ostomy drainage bags market was valued at USD 1.63 billion in 2021 and is further estimated to reach USD 2.25 billion by 2029, and is expected to grow at a CAGR of 4.1% during the forecast period of 2022 to 2029.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Colostomy Bags, Ileostomy Bags, Urostomy Bags, Continent Ileostomy Bags and Continent Urostomy Bags), Procedure (Colostomy, Urostomy and Ileostomy), Usage (Reusable and Disposable), System Type (One-piece System and Two-piece System), End User (Hospitals, Clinics, Ambulatory Surgical Centres, Homecare and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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ALCARE Co., Ltd. (Japan), B. Braun Melsungen AG (Germany), Coloplast (Denmark), ConvaTec Inc. (UK), Flexicare (Group) Limited (UK), Pelican Healthcare Limited (UK), 3M (US), Salts Healthcare (UK), Hollister Incorporated. (US), Welland Medical Limited. (UK), Torbot Group, Inc. (US), Marlen Manufacturing & Development Company. (US), Nu-Hope Laboratories, Inc. (US), Perfect Choice Medical Technologies (US), Prowess Care (India), GOOD HEALTH INC. (India), Romsons Group Private Limted (India), Simply Medical (US), Oakmed Healthcare (UK) and Abbott (US).
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Market Opportunities
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Market Definition
Ostomy is a surgical procedure that creates an artificial opening, known as a stoma, in the human colon to eliminate wastes such as urine, mucus, and stools. These wastes are collected in plastic/rubber bags or pouches known as ostomy drainage bags. There are two types of bags: one-piece systems and two–piece systems.
Ostomy Drainage Bags Market Dynamics
Drivers
- Rise in the incidence of inflammatory bowel diseases
The most common conditions that necessitate ostomy surgery are colorectal cancer, bladder cancer, and inflammatory bowel disease. The surgical removal of the malignant tumor/part of the intestine is used to treat colorectal cancer and inflammatory bowel disease (IBD) is further anticipated to propel the growth of the market growth.
- Increasing of the elderly population
The increasing elderly population with colorectal cancer will increase the demand for ostomy drainage bags. The elderly population base, aged 80 and up, is expected to grow at a much faster rate than the younger population which will further accelerate the growth of the market.
- Technological developments
Increasing research and development activities in the development of novel products is helping to drive market growth.
Opportunities
In addition, the rise in the internet usage for online sales and increasing medical tourism is further estimated to provide potential opportunities for the growth of the ostomy drainage bags market in the coming years.
Restraints/Challenges
On the other hand, the difficulties regarding ostomy and increasing adoption of substitute treatments is further projected to impede the growth of the ostomy drainage bags market in the targeted period. However, the differences in the reimbursement for ostomy supplies in the advancing countries might further challenge the growth of the ostomy drainage bags market in the near future.
This ostomy drainage bags market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ostomy drainage bags market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Ostomy Drainage Bags Market
The pandemic of COVID-19 has had a huge impact on the ostomy drainage bags market. The major challenges faced by healthcare systems around the world are logistical issues, managing patients with the disease, prioritising patients with comorbidities and pre-existing conditions, and protecting the public and hospital frontline workers from COVID-19 infection. However, there is a rise in the use of ostomy bags due to the growing need for the treatment of certain trauma situations in the post-COVID scenario.
Recent Development
- In June 2021, under the brand name Aurum Plus, Welland Medical Limited introduced a new innovative ostomy bag. It comes in both closed and drainable varieties.
Global Ostomy Drainage Bags Market Scope and Market Size
The ostomy drainage bags market is segmented on the basis of product type, procedure, usage, system type and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Colostomy Bags
- Ileostomy Bags
- Urostomy Bags
- Continent Ileostomy Bags
- Continent Urostomy Bags
On the basis of product type, the ostomy drainage bags market is segmented into colostomy bags, ileostomy bags, urostomy bags, continent ileostomy bags and continent urostomy bags.
Procedure
- Colostomy
- Urostomy
- Ileostomy
On the basis procedure, the ostomy drainage bags market is segmented into colostomy, urostomy and ileostomy.
Usage
- Reusable
- Disposable
On the basis of usage, the ostomy drainage bags market is segmented into reusable and disposable.
System Type
- One-piece System
- Two-piece System
On the basis of system type, the ostomy drainage bags market is segmented into one-piece system and two-piece system.
End user
- Hospitals
- Clinics
- Ambulatory Surgical Centres
- Homecare
- Others
On the basis of end user, the ostomy drainage bags market is segmented into hospital, clinics, ambulatory surgical centers, homecare and others.
Ostomy Drainage Bags Market Regional Analysis/Insights
The ostomy drainage bags market is analysed and market size insights and trends are provided by country, product type, procedure, usage, system type and end user as referenced above.
The countries covered in the ostomy drainage bags market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the ostomy drainage bags market due to the prevalent advanced healthcare technologies. Furthermore, the increase in the cases of cancer will further boost the growth of the ostomy drainage bags market in the region during the forecast period.
Asia-Pacific is projected to observe significant amount of growth in the ostomy drainage bags market due to the rise in the incidence of inflammatory bowel diseases. Moreover, the growing of the elderly population and growing expenses for the development of healthcare infrastructure is further anticipated to propel the growth of the ostomy drainage bags market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The ostomy drainage bags market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for ostomy drainage bags market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the ostomy drainage bags market. The data is available for historic period 2010-2020.
Competitive Landscape and Ostomy Drainage Bags Market Share Analysis
The ostomy drainage bags market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ostomy drainage bags market.
Some of the major players operating in the ostomy drainage bags market are:
- ALCARE Co., Ltd. (Japan)
- B. Braun Melsungen AG (Germany)
- Coloplast (Denmark)
- ConvaTec Inc. (UK)
- Flexicare (Group) Limited (UK)
- Pelican Healthcare Limited (UK)
- 3M (US)
- Salts Healthcare (UK)
- Hollister Incorporated. (US)
- Welland Medical Limited. (UK)
- Torbot Group, Inc. (US)
- Marlen Manufacturing & Development Company. (US)
- Nu-Hope Laboratories, Inc. (US)
- Perfect Choice Medical Technologies (US)
- Prowess Care (India)
- GOOD HEALTH INC. (India)
- Romsons Group Private Limted (India)
- Simply Medical (US)
- Oakmed Healthcare (UK)
- Abbott (US)
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