Ostomy refers to a surgical procedure wherein artificial opening is created for elimination of body wastes. Body wastes such as urine, feces and mucus are collected in artificial bags attached to the artificial orifice and these products are called ostomy drainage bags. Ostomy drainage bags are used in treating various gastrointestinal conditions. Growing prevalence of such conditions across geographies that require ostomy procedures is the key driver for the growing demand for ostomy drainage bags.

Based on product types, the ostomy drainage bags market is classified into urostomy bags, ileostomy bags, and colostomy bags segments. Technological advancements in urostomy and ileostomy procedures and the nature of related products significantly contribute to the growth of this market.

On the basis of usage pattern, the global ostomy drainage bags market is categorized into single-use (disposable) ostomy drainage bags and multi-use (reusable) ostomy drainage bags. Extended use of ostomy bags beyong their recommended shelf life is observed to be a key hindrance to market growth.

In terms of geography, the global ostomy drainage bags market is studied for North America, Europe, Asia-Pacific, Middle East and Africa and Latin America markets. This regional demarcation cumulatively make the global ostomy drainage bags market. These regional markets are further studied for key national markets respectively. 

Each segment thus mentioned in the above segmentation is analyzed in terms of market size and forecast for the period 2014-2023. The compounded annual growth rate (CAGR %) of every segment is provided for the period 2016-2023, considering 2015 as the base year.

Apart from the quantitative attributes, this report also presents key information of the overall current and future market trends, the drivers, challenges and future prospects of the global ostomy drainage bags market. Competitive analysis through tools such as fractal map analysis and attractive investment proposition. This report concludes with company profiles section that highlights key information of the major market players engaged in development, manufacture and sales of ostomy drainage bags.

Product Type Segmentation Investigation

Colostomy bags, ileostomy bags, and urostomy bags cumulative make the overall ostomy drainage bags market. Such pouching systems may include one-piece or two-piece systems, these systems incorporate a skin barrier and collection pouch.

Ileoanal Reservoir is the most common alternative to conventional ileostomy procedure ans is technically not considered as ostomy since no stoma is formed. On the other hand, continent ileostomy (Kock Pouch) is another surgical variant of ileostomy where a pouch is created inside the abdomen through terminal ileum. This procedure has greatly replaced ileonal reservoir procedure.

Urostomy is among the most common ostomy procedures performed and could be further classified into continent urostomy and Indiana pouch. In both the mentioned procedures a valve is located on the pouch to hold the urine until a catheter in inserted for discharge.

Usage Segmentation Investigation

In terms of usage pattern, the ostomy drainage bags market is classified into single-use (disposable) and multi-use (reusable) ostomy bags segments.
With the phenomenal increase in geriatric population pool, the number of ostomy procedures is anticipated to augment in the future. Also, the acceptance of ostomy is anticipated to further grow in terms of number of procedures in the emerging markets with the development of reimbursement systems in such regions, thus facilitating the demand for ostomy drainage bags. It is estimated that compared to multi-use ostomy bags, the market size of single-use ostomy drainage bags is significantly small, sue to their applicability in limited cases. However, despite the growth of market in term of market revenue, the sales volume of these products still pose a challenge, as there is a frequent reporting of over-use of ostomy bags beyond the prescribed period. This factor is observed to prove a hindrance to the overall growth of ostomy drainage bags market.

Geography Segmentation Investigation

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America together make for the global ostomy drainage bags market.

Among the regions, Europe holds the largest market share of approximately 48% of the global ostomy drainage bags market. Defined and favorable reimbursement structure for ostomy procedures and higher awareness among the patients and caregivers about ostomy and related benefits are the prime factors contributing to the dominance of European ostomy drainage bags market. In addition, Asia-Pacific is the fastest growing market for ostomy drainage bags. Well placed policies for ostomy procedure in countries such as Australia and Japan and corresponding adoption of ostomy and related products in the national markets of Philippines, South Korea and others characterize the growth of Asia-Pacific ostomy drainage bags market during the forecast period.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Ostomy Drainage Bags market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Ostomy Drainage Bags market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Ostomy Drainage Bags market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Ostomy Drainage Bags market?
• Which is the largest regional market for Ostomy Drainage Bags market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Ostomy Drainage Bags market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Ostomy Drainage Bags market worldwide?