The study is given to the analysis of the latest growth trends and prospects for the Ostomy Drainage Bags market.
The section “Ostomy Drainage Bags Market” includes an examination of the situation in major sections of the Ostomy Drainage Bags market. The markets in European Union countries are examined in more detail, giving a timeline of financial results reported by major 3PL providers in 2017.
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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.
“Ostomy Drainage Bags Market” is a new report by us that explains how companies’ acquisition expenditures, media spend, business strategies, marketing and sales strategies and practices, and business plan are set to change in 2017-2018. This paper gives you access to the category-level spending forecasts, business challenges, budgets, supplier selection criteria, the current size of the marketing and promotion budgets and investment opportunities for senior-level officials. The report also identifies the expected growth of buyers and suppliers, capital expenditure, staff hiring, M and A, and e-procurement. This report not only gives access to the views and strategies of business decision makers and rivals but also examines their actions circling business priorities. The report also provides access to information categorized by company type and sizes, region,
Introduction and Landscape
Ostomy Drainage Bags Market: Market Dynamics and Outlook
3.1 Introduction, Facts and Figures
3.1.1 Gastrointestinal Disease Statistics, Worldwide
3.1.2 Gastrointestinal Cancer Statistics, Worldwide
3.4 Future Prospects
3.5 Attractive Investment Proposition
3.1 Competitive Analysis: Fractal Map Investigation, by Key Market Players
Chapter 4 Global Ostomy Drainage Bags Market Analysis, by Product Type
4.2 Colostomy Bags
4.3 Urostomy Bags
4.4 Ileostomy Bags
Chapter 5 Global Ostomy Drainage Bags Market Analysis, by Usage
5.2 Single-use (Disposable) Ostomy Bags
5.3 Multi-use (Reusable) Ostomy Bags
Chapter 6 Global Ostomy Drainage Bags Market, by Geography
6.2 North America
6.5 Middle East and Africa (MEA)
6.6 Latin America
Chapter 7 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
7.5 Cymed Ostomy Co
7.5.1 Business Description
7.5.2 Financial Health and Budget Allocation
7.5.3 Product Positions/Portfolio
7.5.4 News Coverage
7.6 Torbot Group, Inc.
7.6.1 Business Description
7.6.2 Financial Health and Budget Allocation
7.6.3 Product Positions/Portfolio
7.6.4 News Coverage
7.7 Hollister Incorporated
7.7.1 Business Description
7.7.2 Financial Health and Budget Allocation
7.7.3 Product Positions/Portfolio
7.7.4 News Coverage
7.8 Pelican Healthcare Limited
7.8.1 Business Description
7.8.2 Financial Health and Budget Allocation
7.8.3 Product Positions/Portfolio
7.8.4 News Coverage
7.9 Salts Healthcare Limited
7.9.1 Business Description
7.9.2 Financial Health and Budget Allocation
7.9.3 Product Positions/Portfolio
7.9.4 News Coverage
7.10 Welland Medical Limited
7.10.1 Business Description
7.10.2 Financial Health and Budget Allocation
7.10.3 Product Positions/Portfolio
7.10.4 News Coverage
Why was the report written?
This report is the result of an extensive survey drawn from Our Research’s elite panel of leading global senior level executives from enterprises such as such as medical devices, mining, packaging, power, oil, and gas, food and beverage, airports and pharmaceutical. The report covers key topics such as appropriation behaviors and strategies, the current size of the marketing and advertising budgets. Besides the report also recognizes the threats and possibilities, economic outlook trends, media channel spending outlooks, M and A expectations, marketing agency selection models, media budgets, business challenges and confidence among senior-level executives across various industries. Most secondary research papers are based on general industry drivers and do not understand the industry officials’ attitude and changing behaviors, creating a gap in showing the business opportunity of the industry. In an effort to bridge this gap, Our Research created this primary-research based report by selecting the opinions of various stakeholders in the value-chain of the industry
This report offers:
- Analysis of several products, and regions that would provide the clear understanding of the ongoing and future trends in the global Ostomy Drainage Bags market
- Assessment of market dynamics such as drivers, restraints, and opportunities prevalent in the market
- Quantitative assessment of the current market size and future estimations for the period from 2016 to 2026, along with CAGRs for the period from 2018 to 2026
- Company profiles that will highlight key information about the imperative players operating in the global Ostomy Drainage Bags devices market
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