North America 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 (U.S., Canada. Mexico) - Industry Trends and Forecast to 2026
Market Analysis: North America Ostomy Drainage Bags Market
North America 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: North America Ostomy Drainage Bags Market
Ostomy has been performed to prevent body waste like sweats, mucus and stools by creating an unusual stomach in the human body. For the transport of such waste plastic / rubber cans or compartments are used, recognized as ostomy waste containers. There are two packaging kinds: one press and two pushes. One unit is a skin and packing bag which must be removed when changing and two-part systems have a hide and disposing bag in comparison with each unit which has left the hide when changed and has the packing bag behind them.
- 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: North America 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
Key Developments in the Market:
- In August 2019, the 7th National Conference of the UOAA was conducted on 8th and 9th August 2019 in Pennsylvania on discovering the world of ostomy products. Ostomy manufacturers, clothing manufacturers, distributors, clothing experts and related support organizations attended the meeting. Visitors often find on-site enthusiasts and innovators of unique ostomy products to introduce their products to you.
- In January 2017, ConvaTec Group Plc has announced the worldwide release of the Esteem + Flex convex single-piece scheme for individuals with colostomy, ileostomy and Urostomy. The The system incorporates convenience and efficiency with convexity, stability and fits the contours of the body, moves with the wearer and helps to give people with a stoma and the confidence to live the life they want.
North America 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 North America.
Key Market Competitors:
Few of the major market competitors currently working in the North America ostomy drainage bags market are ConvaTec Inc., Flexicare (Group) Limited, B. Braun Melsungen AG, Salts Healthcare Ltd, Holister Incorporated, Coloplast, Torbot Group, Inc., Marlen Manufacturing & Development Company, Nu-Hope Laboratories, Inc., Perfect Choice Medical Technologies, Prowess Care, 3M, among others.
Research Methodology: North America Ostomy Drainage Bags Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed 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 North America 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)