The Ostomy Drainage Bags Market To Keep The Momentum Going With Top Key-Players

Posted by Merin John on May 3rd, 2021

Ostomy, also recognized as stoma, is a surgically created opening in the body. The opening is made to collect waste products in the body, including urine, stool, excreta, and mucus, which can be collected either from the urinary bladder or from the intestine externally.

Varying hospital data on the usage of ostomy drainage bags provides an opportunity for the manufacturers to identify and improve the quality practices, which could proliferate product usage in future. In 1996, the National Home and Hospice Survey of care reported that almost one-third of 2.4 million home care patients and one-fourth of 7.8 million discharged home care patients had post-ostomy complications, such as surgical urinary incontinence.

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Company Profiles

Alcare Co., Ltd.

Nu-Hope Laboratories INC

B. Braun Melsungen AG.

Coloplast Group

ConvaTec Group PLC

Hollister Incorporated

Torbot Group, Inc

Marlen Manufacturing & Development Co.

Salts Healthcare Ltd

Securi-T USA.

Out of which, two-third of all the home care patients were female. Although these data are significant in the quest to define the problem, they still remain nebulous.

Based on the type of condition and requirement of surgical intervention, an ostomy can be either permanent or temporary. Some of the ostomy products are ostomy drainage bags, closed bags and their accessories. Ostomy drainage bags are specialty bags that are mounted outside the patient’s body to collect waste products, such as stool, mucus, and urine.

Over the years, the trend of using ostomy drainage bags due to rise in prevalence of ulcerative colitis and inflammatory bowel disease among aging population, increase in prevalence of various diseases requiring usage of ostomy products, increase in demand for ostomy products in certain types of trauma cases and innovations and advancements are some of the key factors expected to drive the growth of the global ostomy drainage bags market.

In addition, growing awareness regarding ostomy drainage bags in emerging countries is also expected to drive the growth of the global ostomy drainage bags market. However, varied complications associated with the ostomy products and reported cases of dehydration amongst patients after ostomy creation are some of the key factors projected to restrain the growth of the global ostomy drainage bags market.

In addition, unfavorable reimbursement policies are also negatively expected to impact the growth of the global ostomy drainage bags market.

Macroeconomic indicators such as access to critical care facilities across developed and emerging markets is projected to propel demand of ostomy drainage bags market.