Ostomy Drainage Bags Market

Market Study on Ostomy Drainage Bags: Usage of Single-use Bags to Steadily Increase Over Decade

Ostomy Drainage Bags Market Segmented By Colostomy Drainage Bags, Ileostomy Drainage Bags, Urostomy Drainage Bags Product in Single-Use, Multi-Use Ostomy Drainage Bags Modality

  • November-2021
  • PMRREP3650
  • 274 Pages
  • Healthcare
  • PPT, PDF, WORD, EXCEL

Market Snapshot

Global ostomy drainage bag demand is set to experience steady growth at 3.5% CAGR from 2021 to 2031, up from a market valuation of around US$ 1.62 Bn in 2021. As per Persistence Market Research’s projections, colostomy drainage bags hold a substantial share of 60% in the global market.

The ostomy drainage bags market contributed approximately 56% share to the global ostomy care market, which valued at US$ 2.8 Bn in 2020.

Ostomy Drainage Bags Market Size (2020)

US$ 1.57 Bn

Forecasted Sales of Ostomy Drainage Bags (2031)

US$ 2.29 Bn

Global Market Growth (2021-2031)

3.5% CAGR

Share of Top 5 Countries

58%

Find Out More about the Report Coverage

Companies

  • Hollister Incorporated
  • Alcare Co. Ltd.
  • Coloplast Group
  • ConvaTec, Inc
  • B.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.

Sales Analysis of Ostomy Drainage Bags from 2016 to 2020 Vs Market Outlook for 2021 to 2031

The global ostomy drainage bags market expanded at 2% CAGR over the past 5 years. With growing prevalence of chronic diseases amongst the geriatric population, ostomy drainage bags product demand has increased significantly over the past few years.

Chronic diseases that need medical management at hospitals as well as in home care settings are increasing in number across the world. These need surgeries such as colostomy, ileostomy, urostomy, and use of either single-use drainage bags or multiple-use drainage bags. All these factors are positively impacting the ostomy care products market.

Ostomy drainage bags are primarily used to collect urine or stool post-surgery, depending on the type of surgery a patient undergoes. Chronic diseases such as cancer, inflammatory bowel disease, ulcerative colitis, colorectal trauma, etc., demand the use of ostomy drainage bags for a longer duration. This is positively influencing the demand outlook of medical accessories for ostomy management, such as multi-pleuse drainage bags and close-end drainage bags, to name a few.

Increasing investments in the healthcare sector in emerging economies, significant shift in value across healthcare leading to manufacturers investing in this market, high healthcare spending, increasing per capita income, and constantly rising awareness about the availability of new medical procedures and products are some of the major factors that are set to propel ostomy drainage bags consumption over the coming years.

Through 2031, the ostomy drainage bag sales are expected to expand at a CAGR of around 3.8%.

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What Opportunities Await Ostomy Drainage Bag Manufacturers?

The global ostomy drainage bags industry is expected to witness a fair share of opportunities over the forecast period. The industry is consolidated due to the presence of key players. However, product innovation and cost-effective pricing adopted by smaller regional players are translating to a larger market presence for many companies. This creates intense competition for major players in the market.

Manufacturers are focusing on developing more effective skin protection and skin barriers ostomy products. Companies such as Coloplast are investing significantly in R&D activities to increase their ostomy drainage bags product sales.

  • For instance, in May 2016, B. Braun Medical Inc. announced the launch of its product line Flexima™ 3S Ostomy Appliances, for customers in North America.

ostomy-drainage-bags-market

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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.

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Country-wise Insights

What Makes the U.S. a Huge Market for Ostomy Drainage Bags?

The U.S. dominated the North American region with a market share of approximately 92.9% in 2020, and is projected to continue experiencing high growth throughout the forecast period.

Growth of this market is driven by increasing geriatric population. Old age brings along various chronic diseases such as inflammatory bowel disease, which requires surgery as well as ostomy drainage products.

Extensive approach to R&D regarding innovative product launches has resulted in increased investments in the industry, and is bound to support market expansion in the country over the coming years.

Why is Germany a Lucrative Market for Ostomy Drainage Bag Suppliers in Europe?

Germany dominates the European market for ostomy drainage bags with a share of over 25%. Germany has the presence of many well-known medical device manufacturers.

In Germany, 100% reimbursement is available to patients requiring ostomy drainage bags. Thus, there is increased adoption of these products as there are no out-of-pocket expenses. This is one key driver that will positively boost market growth in the country.

How is China Emerging as a Prominent Market Ostomy Drainage Bag Consumption?

China holds 46.9% share in the Asia Pacific market, and is projected to expand at a CAGR of more than 4% over the forecast period.

Growing elderly population coupled with increased prevalence of colon, lung, and urinary tract cancer is contributing positively to market growth. In addition, increased incidence of inflammatory bowel disease and Crohn's disease is expected to continue to drive growth of the stoma drainage bag market in the country.

Category-wise Insights

Why are Colostomy Drainage Bags Driving High Market Growth?

By product, colostomy drainage bags project steady growth at a CAGR of 3.6% through the forecast period.

High demand for this product is due to high number of colostomy surgeries amongst patients undergoing ostomy procedures.

Which Modality is Widely Used in Ostomy Drainage Bags?

Single-use ostomy drainage bags hold a revenue share of 63% in the market.

High prevalence of chronic diseases such as cancer, inflammatory bowel disease, and renal dystrophy has increased demand for ostomy surgeries among patients, and this has led to increased adoption of single-use ostomy drainage products that ensure patient safety.

Impact of COVID-19

Impact of the COVID-19 pandemic has resulted in transformative growth of several industries, whereas, decline in demand for several products and services by various industries was observed. However, the biotechnology and pharmaceutical industry are expected to show promising growth opportunities.

The ostomy drainage bags sector witnessed slow and restrictive growth during the COVID-19 pandemic. Although, throughout the forecast period, the market is expected to experience additional rise in terms of growth. This growth is supported by increasing use of ostomy bags due to rising demand in the treatment of certain trauma cases.

Negative impact on sales was because of halted research activities during peak lockdowns. However, research activities went back to normal after most lockdowns were lifted.

Competitive Landscape

Key players are focusing on novel and innovative approaches for the development of new techniques driven by emerging cases of different diseases and lack of advanced methods for efficient detection.

The strategy of expansion, new product launches, and approvals by key manufacturers is further strengthening their market presence.

  • In June 2021, Welland Medical announced a product launch to its ostomy pouch range called Aurum® Plus. This new innovative product was made in order to increase patient comfort in every way possible.
  • In November 2017, Salt Healthcare announced the launch of its new product Confidence BE®, which is a stoma bag made to offer maximum comfort and confidence to patients.

Ostomy Drainage Bags Industry Report Scope

Attribute

Details

Forecast Period

2021-2031

Historical Data Available for

2016-2020

Market Analysis

  • USD Million for Value
  • Units for Volume

Key Countries/Regions Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • BENELUX
  • Russia
  • China
  • Japan
  • South Korea
  • India
  • Thailand
  • Malaysia
  • Indonesia
  • Australia
  • New Zealand
  • GCC Countries
  • Turkey
  • South Africa

Key Market Segments Covered

  • Product
  • Modality
  • End User
  • Region

Key Companies Profiled

  • Hollister Incorporated
  • Alcare Co. Ltd
  • Coloplast Group
  • ConvaTec, Inc.
  • B. 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.

Report Coverage

  • Market Forecast
  • Competition Intelligence
  • DROT Analysis
  • Market Dynamics and Challenges
  • Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Main Segments Covered in Ostomy Drainage Bags 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

Media Release

- FAQs -

The global ostomy drainage bags market is worth US$ 1.57 Bn at present, and is set to expand 1.4X over the next ten years.

The market for ostomy drainage bags is expected to reach US$ 2.29 Bn by the end of 2031, with sales revenue expected to register 3.5% CAGR.

From 2016-2020, the market expanded at the rate of 2%, owing to rising prevalence of chronic diseases that need ostomy surgeries.

The U.S., Brazil, Japan, China, and India are expected to drive most demand for ostomy drainage bag products.

North America is one of the key markets for ostomy drainage bags, with the U.S. accounting for 92.8% of this regional market.

Demand for ostomy drainage bags in Europe is expected to register 3.5% CAGR over the next ten years.

The U.S., U.K., India, and Japan are key producers of ostomy drainage products.

The China market holds a share of 46.9% in East Asia, and Japan holds a revenue share of 49.7% in the region.

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