Persistence Market Research

Ostomy Drainage Bags Market - Industry Size, Share, Trends Analysis and Global Forecast to 2020

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New York, NY -- (SBWIRE) -- 01/20/2015 -- Ostomy is a surgically created opening, called as stoma, in the body. It is a surgical opening for the collection of waste products, such as urine, stool and mucus, from urinary bladder and intestine externally. Depending on the type of condition and needs of the patient an ostomy can be permanent or temporary. Different kinds of ostomies are named according to the organ involved such as urostomy, colostomy and ileostomy. Some of the ostomy products are ostomy care accessories and ostomy drainage bags. Ostomy drainage bags are specialty bags sited outside the patient's body for waste collection such as stool, mucus and urine. It is used in conditions such as inflammatory bowel disease, colorectal cancer, prostate cancer and other kidney and digestive diseases. Depending on the type of surgery ostomy bags are classified as urostomy bags, colostomy bags and ileostomy bags. Colostomy bags and ileostomy bags are further of two types: closed and drainable ostomy drainage bags. Ostomy drainage bag has one-piece system or two-piece system pouches. It is attached to the abdomen by the skin barrier over and around the stoma to collect the waste. It is usually attached away from the belt line. Some of the complications associated with use of ostomy drainage bags are prolapsed stoma, sore skin, food bolus blockage, stoma retention and parastomal hernia.

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North America dominates the global market for ostomy drainage bags due to large number of aging population and high patient awareness. Asia is expected to show high growth rates in the next five years in global ostomy drainage bags market. China and India are expected to be the fastest growing ostomy drainage bags markets in Asia-Pacific region. Some of the key driving forces for ostomy drainage bags market in emerging countries are large pool of patients and increasing healthcare expenditure.

In recent times there is increased use of ostomy drainage bags due to increasing aging population. Increasing prevalence of chronic diseases such as ulcerative colitis and crohn's disease, increase in healthcare expenditure and rise in awareness programs are some of the key factors driving the growth for global ostomy drainage bags market. In addition, increasing healthcare awareness is also fuelling the growth of global ostomy drainage bags market. However, strict regulatory requirements, availability of alternative procedure are some of the major factors restraining the growth for global ostomy drainage bags market. In addition, unfavorable reimbursement policies would also inhibit the growth of the global ostomy drainage bags market.

Technological advancement in ostomy bags would develop opportunity for the global ostomy drainage bags market. However, complications of ostomy procedures and discomfort of carrying an external pouch could lead a challenge for the global ostomy drainage bags market. Rise in online marketing of ostomy drainage bags is the trend for the global ostomy drainage bags market. Some of the major companies operating in the global ostomy drainage bags market are Attends Healthcare Products, Inc., Coloplast A/S, Hollister Incorporated, B. Braun Melsungen AG, ALCARE Co. Ltd., Flexicare Medical Ltd., Salt Healthcare Ltd., Cymed Ostomy co., Peak Medical Ltd., Marlen Manufacturing and Development Co. and ConvaTec, Inc.

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Key points covered in the report:

1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)

2) The report covers geographic segmentation

North America

3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020

4) The report provides company profiles of some of the leading companies operating in the market
The report also provides porters five forces analysis of the market.

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