From a market worth of roughly US$ 1.62 Bn in 2021, the demand for ostomy drainage bags is expected to expand steadily at a CAGR of 3.5% from 2021 to 2031. According to forecasts from Persistence Market Research, colostomy drainage bags currently account for a sizable 60% of the global market. The Ostomy drainage bags market made up over 56% of the global ostomy care industry, which is expected to reach US$ 2.8 Bn in 2020.

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Over the previous five years, the ostomy drainage bags market grew at a CAGR of 2%. Since a few years ago, there has been a noticeable rise in demand for ostomy drainage bags due to the rising frequency of chronic diseases among the elderly population.

Worldwide, the number of chronic diseases requiring medical management is rising, both in hospital settings and in settings for home care. These require procedures including colostomies, ileostomies, and ureostomies as well as the usage of either single-use or reusable drainage bags. The market for ostomy care products is benefiting from all of these factors.

Companies

• • Hollister Incorporated
  • Alcare Co. Ltd.
  • Coloplast Group
  • ConvaTec, Inc
  • Braun Melsungen AG
  • Torbot Group Inc.
  • Flexicare Medical Ltd
  • Marlen Manufacturing & Development
  • Pelcin Healthcare Ltd
  • Salts Healthcare Ltd
  • Welland Medical Ltd
  • Prowess Care
  • Oakmed Healthcare
  • Goodhealth Inc.

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What’s Restraining Demand Growth of Ostomy Drainage Bags?

Although application of ostomy drainage bags is beneficial to patients who suffer from colorectal injuries due to trauma, or patients suffering from colorectal cancers, inflammatory bowel disease, etc., there have been various recorded cases of ostomy drainage bag complications such as skin irritation around the surgical site, leakage from the surgical site, and dehydration.

Unfavourable reimbursement policies by insurance companies also hamper ostomy drainage bags market growth. The tendency of patients and caregivers to go for alternative treatments to ostomy decreases the overall usage of ostomy care bags and accessories.

Main Segments Covered in Ostomy Drainage Bags Market Industry Research

By Product

• • Colostomy Drainage Bags
  • Ileostomy Drainage Bags
  • Urostomy Drainage Bags

By Modality

• • Single-Use Ostomy Drainage Bags
  • Multi-Use Ostomy Drainage Bags

By End User

• • Ostomy Drainage Bags for Hospitals
  • Ostomy Drainage Bags for Clinics
  • Ostomy Drainage Bags for Surgical Centres
  • Ostomy Drainage Bags for Home Care Settings
  • Ostomy Drainage Bags for Diagnostic Laboratories
  • Ostomy Drainage Bags for Research and Academic Institutes

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