Ostomy drainage bags are medical devices that provides a means for the collection of waste from a surgically diverted biological system and the creation of a stoma. All urostomy pouches or bags are drainable and have a special valve inside the pouch that prevents the urine from backing up around the stoma.
Market players are adopting various inorganic strategies, such as mergers and acquisitions, for the development and commercialization of ostomy drainage bags to meet the growing demand. This in turn is expected to aid in the growth of the global ostomy drainage bags market. For instance, in July 2017, ConvaTec Group agreed to acquire Woodbury Holdings, a U.S.-based distributor of incontinence and catheter-related supplies. With this acquisition ConvaTec will create a new home distribution business unit for catheter and incontinence related products.
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Moreover, in December 2017, Coloplast acquired the French direct-to-consumer home delivery company SAS Lilial (Lilial) to secure its end users innovative products and services and to strengthen its position and offering in France.
Asia Pacific is expected to witness robust growth in the global ostomy drainage bags market due to the increasing prevalence of cancer (such as colorectal cancer and bladder cancer) and introduction of novel products in the region, especially in the India and China. For instance, according to BMC Cancer, a peer-reviewed open access medical journal, in 2012, over 139,000 people died due to colorectal cancer in China. Colorectal cancer was the fourth-most common cancer in China. Moreover, Coloplast A/S planned to expand its manufacturing facilities and distribution sites in China to meet the growing demands of the patient population.
Key players operating in the global ostomy drainage bags market are Welland Medical Ltd., Coloplast A/S, B. Braun Melsungen AG, Salts Healthcare Ltd., ConvaTec Group plc, Hollister Incorporated, Pelcin Healthcare Ltd., ALCARE Co., Ltd., Torbot Group Inc., and Flexicare Medical Ltd., among others.
Reasons To buy The Ostomy Drainage Bags Market Report:
➛ In-depth analysis of the market on the global and regional levels.
➛ Major changes in market dynamics and competitive landscape.
➛ Segmentation on the basis of type, application, geography, and others.
➛ Historical and future market research in terms of size, share growth, volume, and sales.
➛ Major changes and assessment in market dynamics and developments.
➛ Emerging key segments and regions
➛ Key business strategies by major market players and their key methods.
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Points cover in Global Ostomy Drainage Bags Market Research Report:
Chapter 1: Overview of Global Ostomy Drainage Bags Market (2022-2028)
Chapter 2: Market Competition by Players/Suppliers 2022 and 2028
- Manufacturing Cost Structure
- Manufacturing Process
- Industry Chain Structure
Chapter 3: Sales (Volume) and Revenue (Value) by Region (2022-2028)
- Revenue and market share
Chapter 4, 5 and 6: Global Ostomy Drainage Bags Market by Type, Application & Players/Suppliers Profiles (2022-2028)
- Market Share by Type & Application
- Growth Rate by Type & Application
- Drivers and Opportunities
- Company Basic Information
Chapter 7, 8 and 9: Global Ostomy Drainage Bags Manufacturing Cost, Sourcing & Marketing Strategy Analysis
- Key Raw Materials Analysis
- Upstream Raw Materials Sourcing
- Marketing Channel
Chapter 10 and 11: Ostomy Drainage Bags Market Effect Factors Analysis and Market Size (Value and Volume) Forecast (2022-2028)
- Technology Progress/Risk
- Sales Volume, Revenue Forecast (by Type, Application & Region)
Chapter 12, 13, 14 and 15: Global Ostomy Drainage Bags Market Research Findings and Conclusion, appendix and data source
- Methodology/Research Approach
- Data Source (Secondary Sources & Primary Sources)
- Market Size Estimation
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