Ostomy Drainage Bags Market By Product (Colostomy Bags, Urostomy Bags, Ileostomy Bags), By Usage (Single-Use (Disposable) Ostomy Bags, Multi-Use (Reusable) Ostomy Bags) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2022

Ostomy refers to a surgical procedure wherein artificial opening is created for elimination of body wastes. Body wastes such as urine, feces and mucus are collected in artificial bags attached to the artificial orifice and these products are called ostomy drainage bags. Ostomy drainage bags are used in treating various gastrointestinal conditions. Growing prevalence of such conditions across geographies that require ostomy procedures is the key driver for the growing demand for ostomy drainage bags.

Based on product types, the ostomy drainage bags market is classified into urostomy bags, ileostomy bags and colostomy bags segments. Technological advancements in urostomy and ileostomy procedures and the nature of related products significantly contribute to the growth of this market.

On the basis of usage pattern, the global ostomy drainage bags market is categorized into single-use (disposable) ostomy drainage bags and multi-use (reusable) ostomy drainage bags. Extended use of ostomy bags beyong their recommended shelf life is observed to be a key hindrance to the market growth.

In terms of geography, the global ostomy drainage bags market is studied for North America, Europe, Asia-Pacific, Middle East and Africa and Latin America markets. This regional demarcation cumulatively make the global ostomy drainage bags market. These regional markets are further studied for key national markets respectively. The regional distribution of the global ostomy drainage bags market is elucidated as follows:

  •  North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • Rest of Asia-Pacific
  • Middle East and Africa
  • Latin America

Each segment thus mentioned in the above segmentation is analyzed in terms of market size and forecast for the period 2014-2022. The compounded annual growth rate (CAGR %) of every segment is provided for the period 2016-2022, considering 2015 as the base year.

Apart from the quantitative attributes, this report also presents key information of the overall current and future market trends, the drivers, challenges and future prospects of the global ostomy drainage bags market. Competitive analysis through tools such as fractal map analysis and attractive investment proposition. This report concludes with company profiles section that highlights key information of the major market players engaged in development, manufacture and sales of ostomy drainage bags.

Geography Segmentation Investigation

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America together make for the global ostomy drainage bags market.

Ostomy Drainage Bags Market

Among the regions, Europe holds the largest market share of approximately 48% of the global ostomy drainage bags market. Defined and favorable reimbursement structure for ostomy procedures and higher awareness among the patients and caregivers about ostomy and related benefits are the prime factors contributing to the dominance of European ostomy drainage bags market. In addition, Asia-Pacific is the fastest growing market for ostomy drainage bags. Well placed policies for ostomy procedure in countries such as Australia and Japan and corresponding adoption of ostomy and related products in the national markets of Philippines, South Korea and others characterize the growth of Asia-Pacific ostomy drainage bags market during the forecast period.

The detailed demarcation of the global ostomy drainage bags market is as follows:

  • North America (U.S. & Canada)
  • Europe (U.K., Germany and Rest of Europe)
  • Asia-Pacific (Japan, China and Rest of Asia-Pacific)
  • Middle East and Africa
  • Latin America

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Published Date:  Apr 2016
Category:  Medical Devices
Report ID:   57786
Report Format:   PDF
Pages:   120
Rating:    4.4 (60)
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