High prevalence of colorectal cancer owing to the increase in geriatric population drives the market growth. Increase in population prone to colon cancer, urinary tract cancer, bladder cancer, colorectal cancer, inflammatory bowel disease, and chronic diseases such as ulcerative colitis and Crohn’s disease that require ostomy surgery, further boosts the market growth.
“Launch of new ostomy products with desirable features and technological advancements would propel adoption of these products.“ says Hemali Narkhede, Manager, Healthcare Research at Allied Market Research.
North America was the largest regional market, followed by Europe due to moderate reimbursement scenario in these regions. Asia-Pacific is estimated to grow at the highest CAGR of 6.7% during the forecast period.
The ostomy drainage bags market was valued at $1,658.38 million in 2020, and is estimated to reach $2.4 Billion by 2030, growing at a CAGR of 3.8% from 2021 to 2030.
Surge in innovations in advanced level of healthcare product offerings and increase in cases of inflammatory bowel disease further generate lucrative market growth opportunities. In addition, various conditions such as diabetes and obesity rise the demand for ostomy bags, driving the ostomy drainage bags market size.
Alarming rise in prevalence of disorders such as colorectal cancer, inflammatory bowel diseases, rise in government & private funds for development of healthcare sectors, and increase in number of key players for ostomy drainage bags are expected to notably contribute toward the growth of the global ostomy drainage bags market during the forecast period.
๐๐ฒ๐ ๐ฑ๐ฒ๐๐ฎ๐ถ๐น๐ฒ๐ฑ ๐๐ข๐ฉ๐๐-๐ญ๐ต ๐ถ๐บ๐ฝ๐ฎ๐ฐ๐ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐@ ๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐๐ผ๐ฟ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป:
Table of Content
CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING
3.4. PORTERโS FIVE FORCES ANALYSIS
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunitiesโฆ
๐๐ป๐๐ฒ๐ฟ๐ฒ๐๐๐ฒ๐ฑ ๐ถ๐ป ๐ฃ๐ฟ๐ผ๐ฐ๐๐ฟ๐ถ๐ป๐ด ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐? ๐ฉ๐ถ๐๐ถ๐ ๐๐ฒ๐ฟ๐ฒ
FREQUENTLY ASKED QUESTIONS?
Q1. What is the market value of Ostomy Drainage Bags Market report in forecast period?
Q2. What would be forecast period in the market report?
Q3. What is the market value of Ostomy Drainage Bags Market in 2021?
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