As per the latest publication by Credence Research,
Inc. “Global Ostomy Drainage Bags Market - Growth, Share, Opportunities,
Competitive Analysis, and Forecast, 2016 - 2022,” the ostomy drainage
bags market was valued at USD 1,936 Mn in 2015, and is expected to reach USD
2,958 Mn by 2022, expanding at a CAGR of 6.2% from 2016 to 2022.
Browse the
full report Global Ostomy Drainage Bags Market - Growth, Share,
Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 at http://www.credenceresearch.com/report/ostomy-drainage-bags-market
Market Insights
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.
ToC:
Chapter
1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
Chapter 2 Executive Summary
2.1 Ostomy Drainage Bags Market, by Products, 2015 (USD Mn)
2.2 Ostomy Drainage Bags Market Share, by Usage, 2015 & 2022 (Value %)
2.3 Ostomy Drainage Bags Market Share, by Geography, 2015 (Value %)
2.1 Ostomy Drainage Bags Market, by Products, 2015 (USD Mn)
2.2 Ostomy Drainage Bags Market Share, by Usage, 2015 & 2022 (Value %)
2.3 Ostomy Drainage Bags Market Share, by Geography, 2015 (Value %)
Chapter 3 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
3.2 Drivers
3.3 Challenges
3.4 Future Prospects
3.5 Attractive Investment Proposition
3.1 Competitive Analysis: Fractal Map Investigation, by Key Market Players
3.1 Introduction, Facts and Figures
3.1.1 Gastrointestinal Disease Statistics, Worldwide
3.1.2 Gastrointestinal Cancer Statistics, Worldwide
3.2 Drivers
3.3 Challenges
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
4.1 Preface
4.2 Colostomy Bags
4.3 Urostomy Bags…
4.1 Preface
4.2 Colostomy Bags
4.3 Urostomy Bags…
Browse the
full report Global Ostomy Drainage Bags Market - Growth, Share,
Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 at http://www.credenceresearch.com/report/ostomy-drainage-bags-market
About Us:
Credence Research is a worldwide Market research and
counseling firm that serves driving organizations, governments, non-legislative
associations, and not-for-benefits. We offer our customers some assistance with
making enduring enhancements to their execution and understand their most
imperative objectives. Over almost a century, we’ve manufactured a firm
extraordinarily prepared to this task.
Our Blogs:
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290
No comments:
Post a Comment