Surgical Drainage Bags Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026
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Introduction
Surgical drainage bags are a part of surgical drainage devices that are used in surgical procedures. These bags are attached to the artificial opening to collect wastes and are available in both disposable and reusable forms. The market for surgical drainage bags has witnessed significant growth due to increase in disposable income of people for sophisticated and advance treatments coupled with the rising demand from healthcare industry.
Market Dynamics
The increase in geriatric population with colorectal cancer, rapidly growing aging population, technological advancements, rise in consumer awareness towards the use of surgical drainage bags, and increase in use of waterproof, unbreakable and durable drainage bags used by patients post-surgery fuel the growth of surgical drainage bags globally. The major challenges can be attributed to the stringent government regulations and threat of substitutes.
Market Classification and Overview
The surgical drainage bags market is bifurcated on the basis of material, type, application, end use industry, and geography. The surgical drainage bags market by type is segmented into colostomy bags, ileostomy bags, urostomy bags, continent ileostomy bags and continent urostomy bags. The increase in geriatric population with colorectal, bladder, and urinary tract cancer has increased the use of colostomy, urostomy and ileostomy bags globally. Also, the increase in occurrences of incontinence conditions, rise in the population of obese and diabetes prone individuals has increased use of continent ileostomy and continent urostomy bags in the application market. Based on application, the market is segmented into hospitals and clinics among others. Hospitals dominate the application market for surgical drainage bags owing to the rising number of surgeries performed globally that leads to the increase in use of drainage bags by inpatients. Based on end use industry, the market is further segmented into healthcare and homecare among others. Healthcare accounts for majority of global consumption of surgical drainage bags and led the global market followed by homecare. The growth in number of hospitals and diagnostic centers to meet the increasing unmet patients’ needs and perform surgeries is the major factor that boosts the growth of surgical drainage bags in healthcare sector, globally.
Regional Overview
The market for surgical drainage bags is segmented into regions such as North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa (MEA). North America was the major contributors to the growth of surgical drainage bags in 2015. Europe was the second biggest market followed by Asia-Pacific. The market for surgical drainage bags in Asia-Pacific is further projected to witness highest growth in coming years owing to increase in healthcare expenditure in the region.
Report Coverage
Market |
Surgical Drainage Bags Market |
Analysis Period |
2015 – 2026 |
Historic Data |
2015 – 2016 |
Base Year |
2017 |
Forecast Data |
2018 – 2026 |
Market Stratification |
Material, Type, Application, End-Use Industry, Geography |
Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
Adams Plastics, Coloplast Corp., Medline, Cardinal Health, Uresil LLC, Argon Medical Devices Inc, Tidi Products, Hollister, Medtronic USA, and Steris Corp are the key players in the surgical drainage bags market. These players involved have adopted the strategies including mergers and acquisitions with local as well as established players.
Market Segmentation
Market By Material
- Plastic
- Polyethylene Terephthalate (PET)
- Rubber
- Others
Market By Type
- Colostomy Bags
- Ileostomy Bags
- Urostomy Bags
- Continent Ileostomy Bags
- Continent Urostomy Bags
Market By Application
- Hospitals
- Clinics
- Others
Market By End-Use Industry
- Healthcare
- Homecare
- Others
Market By Geography
-
North America
- US
- Canada
- Mexico
-
Europe
- UK
- Germany
- France
- Rest of Europe
-
Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
-
Latin America
- Brazil
- Rest of Latin America
-
Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA