Ostomy Drainage Bags Market Size, Share, Trends, Growth, Regional Outlook and Forecast 2025

Credence Research’s report, "Ostomy Drainage Bags  market: Global Industry Analysis, Segmentation, Competitors Analysis, Organization Size, Vertical, Geography, and Forecast to 2026" presents the market, competitive aspect, and trends for three Ostomy Drainage Bags  market fragments: High-field, Mid-field, and Low-field Ostomy Drainage Bags market. It provides comprehensive information on the key trends affecting these segments, and key analytical content on the dynamics of the market. [Continue reading…]
The report also reviews the competitive landscape, analyzes each segments pipeline products and gives details of important merger and acquisition deals. It is created using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by Credence Research’s team of industry experts.
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Market Insight:

High prevalence of colorectal cancer, rapidly growing geriatric population pool and gradual adoption of ostomy procedures have together rendered a steady growth to the global ostomy drainage bags market. Ostomy is a surgical procedure for creating an opening (stoma) for body waste expulsion. The exact statistics regarding the number of ostomates could not be done, however it is estimated that this number ranges between 450,000 to 800,000, whereas the average age of patients undergoing ostomy is 68. With the overall growth in geriatric population, the number of ostomy procedures is anticipated to augment significantly. Adoption of novel ostomy drainage products covered under reimbursement policies would further encourage patients to improvise in terms of product usage and also adopt disposable product options.

Among the different product types, colostomy drainage bags are the largest product segment standing at almost half of the market share in 2015. High prevalence of colorectal cancer and rising awareness about colostomy as an convenient treatment and disease management option facilitate the dominance of this segment. Also establishment of several ostomy advocacy groups and organizations about life with ostomy further adds future prospects to the market. Patient education and propagation of availability of advanced colostomy products thereby boost the demand for colostomy drainage bags in the global market.

In terms of geographical distribution, North America and Europe together capture more than 60% share of the global ostomy drainage bags market. Here again, high awareness among both caregivers and patients play a vital role in widespread adoption of ostomy drainage bags in these regions. Additionally, Latin America and Asia-Pacific are anticipated to be the fastest developing regional markets during the forecast period. Rising incidence of colorectal cancer in the region, growing prevalence of sedentary lifestyle in emerging economies facilitate the growth of number of ostomies being performed and thus the demand for ostomy drainage bags.

The ostomy drainage bags market, is moderately competitive and is characterized with presence of several region specific market players. Though the market is experience is steadily progressing in terms of revenue generation, the volume growth of the same relatively slacks. Pelican Healthcare, Alcare Co., Coloplast A/S, ConvaTec, Inc. are some of the notable players in the global ostomy drainage bags market.

Scope:
The report examines the Ostomy Drainage Bags market, the major driving forces and potential challenges that could restrict growth. Its scope includes
-Key geographies: US, Canada, Germany, France, UK, Italy, Spain, Brazil, Japan, China, India, and Australia.
-Information on market size for three Ostomy Drainage Bags market segments: High-field, Mid-field, and Low-filed.
-Annualized market revenue data forecast to 2026 and company share data for 2017.
-Qualitative analysis of key trends in the Ostomy Drainage Bags market.
-Information on the competitive landscape and the leading technologies of leading players:
Reasons to buy
The report will enhance your decision-making ability by allowing you to
-Develop business strategies by understanding the trends and developments driving the global Ostomy Drainage Bags market.
-Design and improve your product development, marketing, and sales strategies.
-Exploit merger and acquisition possibilities by identifying the market players with the most innovative pipelines.
-Develop market-entry and market-expansion strategies.
-Identify the key players best positioned to take advantage of the emerging market opportunities.
-Exploit in-licensing and out-licensing opportunities by identifying the products most likely to ensure a robust return.
-Identify, understand and capitalize on emerging blockbusters of the Ostomy Drainage Bags market landscape.
-Make more informed business decisions from insightful and in-depth analysis of the global Ostomy Drainage Bags market and the factors shaping it.
Company Profiles
7.1 ALCARE Co., Ltd.
7.1.1 Business Description
7.1.2 Financial Health and Budget Allocation
7.1.3 Product Positions/Portfolio
7.1.4 News Coverage
7.2 B. Braun Melsungen AG
7.2.1 Business Description
7.2.2 Financial Health and Budget Allocation
7.2.3 Product Positions/Portfolio
7.2.4 News Coverage
7.3 Coloplast A/S
7.3.1 Business Description
7.3.2 Financial Health and Budget Allocation
7.3.3 Product Positions/Portfolio
7.3.4 News Coverage
7.4 ConvaTec, Inc.
7.4.1 Business Description
7.4.2 Financial Health and Budget Allocation
7.4.3 Product Positions/Portfolio
7.4.4 News Coverage
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