Ostomy Drainage Bags Market : By Industry Trends, Leading Players, Size, Share, Growth, Opportunity And Forecast 2024-2033

Overview and Scope
An ostomy urinary drainage bag is an appliance connected to a catheter that helps to drain and collect urine. It is used when there is a problem that involves the bladder and urine. Ostomy bags are usually coated in liquid-impervious material that allows urine to pass through them.

Sizing and Forecast
The ostomy drainage bags market size has grown steadily in recent years. It will grow from $2.17 billion in 2023 to $2.26 billion in 2024 at a compound annual growth rate (CAGR) of 3.8%.  The  growth in the historic period can be attributed to rising incidence of ostomy procedures, improvements in material technologies, healthcare expenditure, healthcare reimbursement policies..

The ostomy drainage bags market size is expected to see steady growth in the next few years. It will grow to $2.67 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%.  The growth in the forecast period can be attributed to increasing prevalence of chronic diseases, patient education and awareness programs, investment on healthcare research. Major trends in the forecast period include rising preference for eco-friendly ostomy products, expanding range of pediatric ostomy products, increased focus on patient education and support, integration of smart technologies..

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Segmentation & Regional Insights
The ostomy drainage bags market covered in this report is segmented –

1) By Type: Colostomy Bags, Ileostomy Bags, Urostomy Bags, Continent Ileastomy Bags, Continent Urostomy Bags
2) By Clinical Application: Colorectal Cancer, Bladder Cancer, Colonic Diverticulitis, Inflammatory Bowel Disease, Other Diseases
3) By Usage Type: Single-Use Ostomy Drainage Bags, Multi-Use Ostomy Drainage Bags
4) By End User: Hospitals, Home Care Setups

North America was the largest region in the ostomy drainage bags market share in 2023.  Asia-Pacific is expected to be the fastest-growing region in the forecast period The regions covered in the ostomy drainage bags market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
Increasing in bladder cancer is expected to propel the demand for the ostomy drainage bags market going forward. Bladder cancer develops when the cells that make up the urinary bladder begin to proliferate uncontrollably. As more cancer cells proliferate, they form a tumor and spread to other parts of the body over time. Drainable ostomy bags allow users to empty and reuse their pouch contents. Drainable bags may be preferable for people who have urine-based diseases. For instance, according to the American Cancer Society, a US-based voluntary health organization dedicated to eliminating cancer, in 2022, in the USA, there were about 81,180 new cases of bladder cancer (about 61,700 in men and 19,480 in women) and there were about 17,100 deaths from bladder cancer (about 12,120 in men and 4,980 in women). Therefore, increasing in bladder cancer is driving the demand for the ostomy drainage bags market.

Key Industry Players
Major companies operating in the ostomy drainage bags market report are 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.

The ostomy drainage bags market report table of contents includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

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