The global ostomy drainage bags market size was US$ 1723.05 million in 2021. The global ostomy drainage bags market size is forecast to reach US$ 2,429.38 million by 2030, growing at a compound annual growth rate (CAGR) of 3.9% during the forecast period from 2022 to 2030.

An ostomy is a surgical procedure that involves the creation of an artificial opening, known as a stoma. The stoma is a tube that is made from the human colon to remove waste products, such as stools, mucus, and urine. After surgery, an ostomy drainage bag use to collect urine or stool, depending on the type of surgery. Among its types are urostomy bags, ileostomy bags, and colostomy bags. Stoma bags, or colostomy bags, are small waterproof pouches used to collect waste from the body. 

Factors Influencing Market Growth

• Among the factors driving the growth of the global ostomy drainage bags market is their increased inapplicability to hospitals, clinics, and consumers, regardless of whether they are clients or investors. 
• Increasing demand for ostomy drainage bags among the geriatric population and people with sedentary lifestyles, and government regulations for reducing the complications and risks associated with ostomy surgery, are driving the global market.
• Large-scale production and the presence of untapped markets in emerging economies provide lucrative growth opportunities for the global market.

Impact Analysis of COVID-19

The COVID-19 outbreak had a negative impact on the market growth for ostomy drainage bags. Following the COVID-19 pandemic, hospitals have reported a reduction in the number of patients diagnosed with colorectal cancer and treated. The patients with COVID-19 were given high priority over those with colorectal cancer (CRC). During the pandemic, CRC experienced adverse impacts due to this major delay. Since there were no surgeries, the need for ostomy drainage bags declined, which affected the global market growth.

Regional Insights

North America accounted for the major share in the ostomy drainage bags market in 2021 and is forecast to remain dominant in the ostomy drainage bags market during the forecast period. The increase in the number of life-threatening diseases, like inflammatory bowel disease, the development of the healthcare sector, and the introduction of new ostomy bags products contributed to market growth in the region. 

The Asia Pacific region is forecast to grow at the fastest rate during the forecast period. The rising prevalence of colorectal cancer in emerging countries such as Indonesia, Turkey, the Philippines, and South Korea is fueling market growth. Additionally, in some developed nations, like Australia and Japan, favorable reimbursement schemes and increased medical device spending drive the market in the region.

Leading Competitors

The leading prominent companies profiled in the global ostomy drainage bags market are:

• ALCARE Co. Limited
• B. Braun Melsungen AG
• Coloplast A/s
• ConvaTec Incorporated
• Flexicare Limited
• Hollister Incorporated
• Oakmed Healthcare
• Pelcin Healthcare Limited
• Salts Healthcare Limited
• Welland Medical Limited
• Other Prominent Players

Scope of the Report

The global ostomy drainage bags market segmentation focuses on Type, End-User, and Region.

Segmentation based on Type

• Colostomy Bags
• Ileostomy Bags
• Urostomy Bags
• Continent Ileostomy Bags
• Continent Urostomy Bags

Segmentation based on End-User

• Hospitals
• Home care setups

Segmentation based on Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America