What Is The Market Size And Projection For The Global Ostomy Drainage Bags Market?
The ostomy drainage bags market has seen steady growth in recent years. It is set to grow from $2.2 billion in 2024 to $2.26 billion in 2025 at a compound annual growth rate (CAGR) of 3.0%. This growth during the historic period can be attributed to rising incidence of ostomy procedures, improvements in material technologies, and changes in healthcare expenditure and reimbursement policies.
The market is expected to see robust growth in the next few years, predicted to reach $2.8 billion in 2029 at a CAGR of 5.5%. The forecast period growth can be attributed to increasing prevalence of chronic diseases, patient education and awareness programs, and investment on healthcare research. Key trends include rising preference for eco-friendly ostomy products, expanding range of pediatric ostomy products, and increased focus on patient education and support, as well as the integration of smart technologies.
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What Are The Key Drivers For The Ostomy Drainage Bags Market?
The increase in bladder cancer cases is a critical driver for the ostomy drainage bags market. Bladder cancer occurs when urinary bladder cells proliferate uncontrollably. As more cancer cells accumulate, they form a tumor and gradually spread to other body parts. Drainable ostomy bags, which allow users to empty and reuse their pouch contents, may be preferable for people with urine-related diseases. For instance, the American Cancer Society reported about 81,180 new cases of bladder cancer and approximately 17,100 deaths from bladder cancer in the USA in 2022. Hence, the increase in bladder cancer cases is propelling demand for the ostomy drainage bags market.
What Are The Segments Within The Global Ostomy Drainage Bags Market?
The ostomy drainage bags market covered in this report is segmented by:
1) Type: Colostomy Bags, Ileostomy Bags, Urostomy Bags, Continent Ileostomy Bags, Continent Urostomy Bags
2) Clinical Application: Colorectal Cancer, Bladder Cancer, Colonic Diverticulitis, Inflammatory Bowel Disease, Other Diseases
3) Usage Type: Single-Use Ostomy Drainage Bags, Multi-Use Ostomy Drainage Bags
4) End User: Hospitals, Home Care Setups.
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Who Are The Major Players In The Ostomy Drainage Bags Market?
Key players in the ostomy drainage bags market include Alcare Co. Ltd., B. Braun Melsungen AG, Coloplast A/S, Hollister Inc., Pelcin Healthcare Ltd., Salts Healthcare Ltd., Welland Medical Ltd., Marlen Manufacturing and Development Co., Torbot Group Inc., Cymed Ostomy Co., Prowess Care, Goodhealth Inc., Genairex Inc., EuroMed Inc., Safe n’ Simple LLC, 3M Company, Smith & Nephew PLC, BSN Medical GmbH, Flexicare Medical Ltd., C.R. Bard Inc., Medline Industries Inc., Nu-Hope Laboratories Inc., Peak Medical Products Inc., Rusch Inc., Securi-T USA, Delta A Healthcare, Hubei Hendry Medical Appliance Co. Ltd., ConvaTec Inc., Command Medical Products Inc., Fortis Medical Products, Genesis Plastics Welding Inc., Moore Medical LLC, North American Latex Corp., Perma-Type Company Inc., Schena Ostomy Technologies Inc.
What Are The Emerging Trends In The Ostomy Drainage Bags Market?
Prominent companies in the ostomy drainage bag market are focusing on product innovation such as advanced leak prevention technologies and customizable designs to enhance comfort and quality of life for ostomy patients. For example, in February 2024, Convatec Group plc launched new Esteem Body with Leak Defense, a comprehensive, one-piece, soft convexity ostomy system portfolio designed to fit a full range of body types and stoma shapes. It includes drainable, closed-end, and urostomy pouching solutions.
Which Region Shows The Fastest Growth In The Ostomy Drainage Bags Market?
In 2024, North America had the largest share in the ostomy drainage bags market. However, Asia-Pacific is expected to emerge as the fastest-growing region during the forecast period. The ostomy drainage bags market report covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Ostomy Drainage Bags Market Report 2025 Offer?
An ostomy urinary drainage bag is a device connected to a catheter to help drain and collect urine. It is used when there is an issue with the bladder and urinary system. Ostomy bags are often coated in a liquid-impervious substance that allows urine to pass through. The Ostomy Drainage Bags Market research report from The Business Research Company provides global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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