Global Colostomy Bags Market Share, Size, Price, Trends And Forecast (2018-2023)

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Global Colostomy Bags Market Catalyzed by
Technological Developments
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Report Description and Highlights
Report Description
Global Colostomy Bags Market Catalyzed by
Technological Developments At present, the
global colostomy bags market is growing at a
moderate rate. Some of the factors which are
giving boost to the market include rising cases
of bowel cancer, advancements in the technology
and several initiatives undertaken by the
government. Colostomy refers to a surgical
procedure in which a surgeon diverts one end of
the large intestine towards a visible opening,
often known as stoma, on the abdomen of the
patient. The condition of colostomy can be
temporary as well as permanent, depending upon
the severity of the disease. Some of the diseases
that can lead to colostomy are bowel cancer,
obtrusion, ischemia, diverticulitis, IBDs like
Crohns colitis and traumatic injury. For
collecting waste products, a colostomy bag which
physically appears like a small pouch, is placed
over the stoma. The objective of a colostomy bag
is to allow the irritated and inflamed areas of
the colon to heal while the waste is diverted
away through colostomy bags. A new research
report titled Colostomy Bags Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2018-2023 by IMARC Group estimates
that the global colostomy bags market was worth
US 1.3 Billion in 2017. The report further
expects the market to cross US 1.8 Billion by
2023, at a projected CAGR of 5.6 over the
forecast period.
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Report Description and Highlights
Report Description

• Global Colostomy Bags Market Drivers/Constraints
• Over the years, the rising cases of colorectal
  cancer and crohns diseases worldwide,
  particularly in the geriatric population has been
  witnessed. This has added to the overall growth
  of the global colostomy bags market.
• Technological advancements have facilitated the
  production of colostomy bags which are durable,
  unbreakable, waterproof as well as skin-friendly
  in nature. Owing to these properties, the demand
  for colostomy bags has augmented worldwide.
• Governments of several countries are undertaking
  initiatives to create awareness about colostomy
  procedures that are done for treating various
  diseases, thereby influencing the market growth.
• However, the medical risk of skin irritation and
  infection due to the constant use of colostomy
  bag acts as one of the major factors impeding the
  growth of the market.
• Read more here https//www.imarcgroup.com/colosto
  my-bags-market

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Report Description and Highlights
Report Description
Product Insights On the basis of product, the
market is segmented as drainable stoma bags, care
accessories, and others. At present, drainable
stoma bags dominate the market, representing the
most popular product type.   End-User In
sights Based on end-user, the market is
classified as retail pharmacies, hospitals,
outpatient clinics, community healthcare centres
and others. Amongst these, retail pharmacies
exhibit a clear dominance in the
market. Request Sample Of The Report
https//www.imarcgroup.com/request?typereportid
916flagB
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Report Description and Highlights

• Regional Insights
• On a geographical front, North America enjoys a
  leading position in the global colostomy bags
  market, accounting for the largest market share.
  North America is followed by Europe, Asia
  Pacific, Middle East and Africa, and Latin
  America.
• Competitive Landscape
• The market is concentrated in nature with four
  manufacturers which account for nearly 80 of the
  market share. There is a rigid competition in the
  market which makes it tough for small players to
  enter. Some of the leading players operating in
  the market are
• Coloplast
• B. Braun
• ConvaTec
• Hollister
• Marlen
• Oakmed
• TG Eakin
• Welland Medical

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Report Description and Highlights
Report Description

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