Ostomy Drainage Bags Market 2022-2028

Ostomy Drainage Bags Market 2022-2028

Global ostomy drainage bags market is projected to reach $XXX billion in 2028 from $2.5 billion in 2021, growing at a CAGR of 4.2% during the forecast period (2022-2028). The market size is primarily impacted by the prevalence of colorectal and bladder cancer and inflammatory bowel diseases (IBD). Another significant driver is the availability of reimbursement for ostomy products across different geographies. The ostomy market is a chronic market, with the majority of product usage happening in the community, that is after users have been discharged from the hospital.

Some other factors driving the growth of the market include the increasing geriatric population, rising incidence of inflammatory bowel disease, Crohn's disease, and colorectal and bladder cancer cases. The American Cancer Society’s estimates for the number of colorectal cancer cases in the US for 2021 are 104,270 new cases of colon cancer and 45,230 new cases of rectal cancer. The increased risk of colorectal cancer has increased the demand for ostomy care products. Further, bladder cancer accounted for 573,278 new incidences across the globe in 2021. This tends to drive the demand for urostomy pouches which are special bags utilized for the collection of urine after bladder surgery.

Segmental Analysis

The global ostomy drainage bags market is segmented based on type, use, and end-user. Based on type, the market is segmented into colostomy bags, ileostomy bags, and urostomy bags. Based on use, the market is segregated into single-use (closed-end), and multi-use (drainable). Further, based on end-user, the market is classified into hospitals & clinics, and home care.