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North America Ostomy Drainage Bags Market – Industry Trends and Forecast to 2028

Healthcare

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North America Ostomy Drainage Bags Market – Industry Trends and Forecast to 2028

  • Healthcare
  • Upcoming Report
  • Sep 2021
  • North America
  • 150 Pages
  • No of Tables: 220
  • No of Figures: 60

North America Ostomy Drainage Bags Market – Industry Trends and Forecast to 2028

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2028
Diagram Market Size (Base Year) USD MILLION
Diagram Market Size (Forecast Year) USD 564.67 USD Billion
Diagram CAGR %

Major Markets Players

  • Coloplast Corp.
  • ConvaTec
  • Flexicare Limited
  • B. Braun Melsungen AG
  • Salts Healthcare Ltd

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, Others), Country (U.S., Mexico, Canada) Industry Trends and Forecast to 2028

North America Ostomy Drainage Bags MarketMarket Analysis and Insights of North America Ostomy Drainage Bags Market

Data Bridge Market Research analyses that the North America ostomy drainage bags market to account to grow at a CAGR of 3.60% in the forecast period of 2021-2028.

Ostomy has been performed for the prevention of body waste such as mucus, sweats and stools through the creation of unusual stomach in the human body. Ostomy waste containers are used for the transportation purpose and transport the waste plastic/ rubber cans or compartments. There are two type of packaging, one press and two-pushes. In one press, one unit is a skin and packaging bag which must be removed while changing and the two part system contain a hide and disposing bag in comparison with each unit that has left the hide when replaced and has the packing bag behind them.

Rise in the incidences of colorectal cancer, lung cancer and urinary tract cancer is the major factor that will influence the growth of ostomy drainage bags market. Furthermore, rising geriatric population and growing occurrence of inflammatory bowel disease and Chron’s disease are the factors that will enhance the market growth.

Technical advancement in ostomy products along with the emerging new market will further provide beneficial opportunities for the market growth.

However, utilization of alternate surgical interventions and compensation issues will obstruct the market growth. Lack of awareness about the emerging economies will challenge the ostomy drainage bags market.  

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 localised 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 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.

North America Ostomy Drainage Bags Market Scope and Market Size

The ostomy drainage bags market is segmented on the basis of product type, procedure, usability, service system type and end users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

The ostomy drainage bags market is segmented on the basis of product type, into colostomy bags, ileostomy bags, urostomy bags, continent ileostomy bags, continent urostomy bags and others.

  • On the basis of procedure, the ostomy drainage bags market is segmented into colostomy, urostomy and ileostomy.
  • On the basis of usability, the ostomy drainage bags market is segmented into single-use and multi-use.
  • On the basis of system type, the ostomy drainage bags market is segmented into one-piece system and two-piece system.
  • On the basis of end users, the ostomy drainage bags market is segmented into hospitals, clinics, ambulatory surgical centers, homecare and others.

North America Ostomy Drainage Bags Market Country Level Analysis

The ostomy drainage bags market is analysed and market size insights and trends are provided by country, product type, procedure, usability, service system type and end users as referenced above.

The countries covered in the ostomy drainage bags market report are U.S., Canada and Mexico in North America.

The country section of the ostomy drainage bags market 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 such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 digital health technologies 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 to 2019.

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.

The major players covered in the ostomy drainage bags market report are Coloplast Corp., ConvaTec Inc., Flexicare (Group) Limited, B. Braun Melsungen AG, Salts Healthcare Ltd, Holister Incorporated, Torbot Group, Inc., Marlen Manufacturing & Development Company, Nu-Hope Laboratories, Inc., Perfect Choice Medical Technologies, Prowess Care, 3M, among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.

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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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