Global Ostomy Drainage Bags Market by Ostomy Type, Application, End-User and Geography - Forecast to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 27, 2018--The “Global Ostomy Drainage Bags Market - Segmented by Ostomy Type, Application, End-User and Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The Ostomy Drainage Bags Market is expected to register a CAGR of about 3.6% during the forecast period (2018-2023).
Rapidly Growing Aging Population
The global population of geriatric population is increasing rapidly. According to statistics, in countries like Singapore, Malaysia, Sweden, and Germany, the number of older adults has gone up substantially. This expanding pool of geriatric population across the world is also fuelling the market as the elderly population is considered to be more vulnerable to different types of cancers.
During and after surgery ostomy drainage bags are used extensively for controlling incontinence. This will allow substantial growth in the ostomy drainage bags market.
Other factors such as increased incidence of inflammatory bowel disease and Crohn’s disease and rising colorectal and bladder cancer cases will lead to the rise in demand for ostomy drainage bags.
Key HighlightsAlternative Surgical Procedures Europe to Maintain Dominance in the Forecast Period
Developments in the MarketConvatec has agreed to buy Woodbury Holdings for enterprise value of 120.5 million pounds this acquisition will create a new home distribution business unit in the U.S. for catheter and incontinence related products
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
7. Market Segmentation
8. Competitive Landscape
9. Key PlayersAlcare Co. Ltd. B Braun Melsungen AG Coloplast A/S Convatec Inc. Flexicare Medical Ltd. Marlen Manufacturing & Development Pelcin Healthcare Ltd. Salts Healthcare Ltd. Torbot Group Inc. Welland Medical Ltd.
10. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/jnbqd7/global_ostomy?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180827005424/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Medical Devices
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/27/2018 11:40 AM/DISC: 08/27/2018 11:40 AM