Ostomy Drainage Bags Market Scope
Ostomy is a surgical procedure in which an artificial opening, known as stoma, is made from the colon of the human body to eliminate body wastes such as urine, mucus, and stools. Plastic/rubber bags or pouches, known as ostomy drainage bags, are used to collect these wastes. Plastic/rubber cans or pockets, recognized as Ostomy sewage containers, are used for the collection of such garbage. According to the American Cancer Society (ASC) 2017, colorectal cancer is the third-most common cancer diagnosed in the U.S., estimating around 97,220 new cases of colon cancer and 43,030 new cases of rectal cancer in the country in 2017. Increasing prevalence of colostomy and rectal cancer would necessitate ostomy procedures, which in turn is expected to drive growth of the global ostomy drainage bags market.
The market study is being classified by Type (Colostomy Bags, Ileostomy Bags, Urostomy Bags, Continent Ileostomy Bags and Continent Urostomy Bags) and major geographies with country level break-up.
The respective firms associated with ostomy healthcare products have set their positions in the market by launching innovative products meeting patients’ needs and comfort. The demand for ostomy bags as a life-saving opportunity has increased among people as they offer features such as skin-friendliness, waterproof, unbreakable, and long durability, thus affecting the adoption of these bags. Research Analyst at AMA predicts that United Kingdom Players will contribute to the maximum growth of Global Ostomy Drainage Bags market throughout the predicted period.
Welland Medical (United Kingdom), Salts Healthcare (United Kingdom), Coloplast A/S (Denmark), ConvaTec (United Kingdom), Hollister Incorporated (United States), Pelcin Healthcare (United Kingdom), B. Braun Melsungen AG (Germany) and Flexicare Medical (United Kingdom) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global Ostomy Drainage Bags market by Type, Application and Region.
On the basis of geography, the market of Ostomy Drainage Bags has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Leaders and their expansionary development strategies
In August 2019, UOAA’s 7th National Conference was held on 8 and 9 August 2019 at Pennsylvania on ‘discover a world of ostomy product’. The conference was visited by ostomy producers, accessories producers, retailers, fashion specialists, and associated assistance organizations. Visitors often discover enthusiastic holders and innovators of distinctive ostomy products on the side to present their products to you.
- Increasing Incidence of Inflammatory Bowel Disease and Chron's Disease
- Rapidly Growing Aging Population
- Rising Colorectal and Bladder Cancer Cases
- Technical developments in ostomy products
- Growing occurrence of inflammatory bowel disease and Chron's disease
- Reimbursement Issues
- Utilization of alternate surgical interventions
- Absence of awareness of emerging economies
Key Target AudienceOstomy Drainage Bags Manufacturer, Suppliers, Distributors, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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