Wilmington, Delaware, USA, June 17, 2022 (GLOBE NEWSWIRE) — Growing clinical indications for ostomy systems underpin rising demand for colostomy bags, ileostomy bags and urostomy bags , driving the revenue growth of the global Ostomy Drainage Bags Market. A series of technological advancements in these systems have led to products offering improved comfort and ease of use for the patient, thereby expanding the growth prospects of ostomy drainage bags. The market for ostomy drainage bags, according to a study by TMR, is forecast to exceed US$3.6 billion by 2031.

Growing awareness of the reduced risk factors of ostomy procedures has catalyzed the creation of ostomy. They have been commonly used to manage colorectal cancer, inflammatory bowel disease, and faecal incontinence, which has driven the demand for ostomy drainage bags, especially after intestinal stomas. Colostomy bags are increasingly seen as a lucrative segment by many ostomy drainage bag manufacturers.

The growth opportunities of ostomy drainage bags are fueled by the pressing need to reduce the risk of pouch leakage, bleeding, infection, and skin irritation on the one hand. Major players in the ostomy drainage bag market are therefore increasingly turning to products that reduce short and long-term complications to cement patient confidence in ostomy procedures.

Request the Ostomy Drainage Bags Market Research Report Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=325

Key Findings of the Ostomy Drainage Bags Market Research

  • medical technology Companies taking advantage of technological advances in ostomy systems to improve patient comfort: Medical technology companies in the ostomy drainage bag market focused on improving patient comfort are incorporating innovative features into ostomy systems. A good example is the use of sensor-based technology. Such features alert the user or caregiver to the correct time to empty the bags to prevent overflows and leaks.
    • Ease of use and movement drives adoption of disposable ostomy drainage bags: The study revealed that disposable bags are gaining more and more customer preference in the ostomy drainage bag market. The product attributes of ease of changing and carrying for the user have boosted their demand thus making the product segment lucrative for the companies in the Ostomy Drainage Bag market.
    • Increasing number of ostomy procedures for diseases leading to increased sales: The prevalence of Crohn’s disease, ulcerative colitis, and colorectal, pancreatic, and bladder cancer has increased the indications for ostomy procedures for the management of these diseases. The use of ostomy drainage bags has helped patients return to normal after the procedure. This propelled the demand for products in ostomy drainage bags. It should be noted that the demand for colostomy bags is massive.

Demand for COVID-19 Impact Analysis on Ostomy Drainage Bags Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=325

Ostomy Drainage Bag Market: Key Drivers

  • The rapid aging of the population increases the risks of various gastrointestinal diseases, including inflammatory bowel disease (IBD). This is a key factor for ostomy procedures, resulting in the creation of ostomy drainage bags. The procedures are considered life-saving emergency procedures for the target population worldwide.
  • Continuous technological advancements in ostomy systems have improved the quality of life and independence of people with ostos, thus constantly expanding the possibilities for industry players in the ostomy drainage bag market.

Get Exclusive Sample PDF Copy of Ostomy Drainage Bags Market Reporthttps://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=325

Ostomy Drainage Bags Market: Regional Growth Dynamics

North America is a highly lucrative region in the global ostomy drainage bag market. Demand for advanced products for the management of IBD and Crohn’s disease drove revenue growth. The presence of prominent players globally eager to launch new products has enriched the landscape of the North American Ostomy Drainage Bag market. In recent years, the study revealed that many pharmaceutical companies have turned to Asia-Pacific to tap into latent opportunities in the regional market.

Ostomy Drainage Bag Market: Key Players

Some of the well-established players in the ostomy drainage bag market are Goodhealth, Inc., Prowess Care, Welland Medical Ltd., Torbot Group, Inc., Salts Healthcare Ltd., Flexicare Medical Ltd., ConvaTec, Inc., ConvaTec , Inc., B. Braun Melsungen AG and Alcare Co. Ltd.

Inquire Before You Buy – https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=325

Ostomy Drainage Bag Market Segmentation

  • Type
    • colostomy bags
    • Ileostomy bags
    • Urostomy bags
    • Others Ostomy Bags
  • Use

Regions covered

  • North America
  • Latin America
  • Europe
  • Latin America
  • Middle East and Africa

Countries covered

  • WE
  • Canada
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • China
  • India
  • Japan
  • Australia and New Zealand
  • Brazil
  • Mexico
  • GCC countries
  • South Africa

Modernization of healthcare in terms of infrastructure and services has pushed the healthcare industry to new heights, stay updated with Health Care Research Reports by Transparency Market Research:

Ileostomy Market: The global ileostomy market will grow from ~US$1.3 billion in 2018 to ~US$2.2 billion by 2027, and this is largely attributable to growing confidence of consumers towards ostomy care.

Interventional Radiology Drainage Procedures Market: The growth of the Interventional Radiology Drainage Procedures market can be attributed to the increase in the ubiquity of diseases, global awareness of diagnosis, and new technologies available for treatment.

Surgical Drainage Devices Market: The global surgical drainage devices market was valued at US$2.9 billion in 2018 and is expected to grow at a CAGR of 3.9% from 2019 to 2027. Aging population, increasing In the number of surgeries, increasing incidence of target diseases are expected to drive the global surgical drainage devices market over the forecast period.

Chest Drainage Devices Market: The global chest drainage devices market was valued at ~US$615 million in 2018. The global chest drainage devices market is expected to grow at a CAGR of ~5% from 2019 to 2027.

Drug Device Combination Products Market: The increasing incidence of chronic diseases such as chronic diseases and disorders including cancer, diabetic retinopathy, cardiovascular disease, colorectal cancer, asthma and obesity, heart disease , multiple sclerosis, etc. is a major factor expected to drive the global drug-device combination products market.

Glioblastoma Multiforme Treatment Market: Rising approvals for novel and combination therapies are expected to propel the global glioblastoma multiforme (GBM) treatment market over the forecast period. Glioblastoma multiforme (GBM) is the most common and aggressive form of primary brain cancer.

Coronary Stents Market: New technologies in clinical trials to address unmet needs and emerging economies such as China, India, Brazil and others are likely to provide significant opportunities for manufacturers operating in the market coronary stents.

Urinary Catheters Market: Rising incidence of neurological disorders, urinary incontinence, diabetes and increase in surgical procedures is driving the demand for catheters. Urinary catheters market players are increasing the production of urinary catheters to gain a competitive edge in the healthcare sector.

About Us

Transparency Market Research is a global market information company that provides market research reports and services. Our proprietary blend of quantitative forecasting and trend analysis delivers forward-looking insights to thousands of decision makers. Our experienced team of analysts, researchers and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With broad research and analytical capability, Transparency Market Research uses rigorous primary and secondary research techniques to develop distinctive datasets and research material for trade reports.

For more information on research on leading industries, visit our YouTube channel and click subscribe for future update – https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact us:

Rohit Bhisey

Transparency Market Research Inc.
HEADQUARTERS IN THE CITY CENTER,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: http://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: [email protected]