ColostomyBags Market - Global Industry Insights, Trends, Size, Share, Outlook, and OpportunityAnalysis, 2018-2026
Colostomy is a surgical procedurein which an opening is formed by drawing the healthy end of the large intestineor colon by an incision in the anterior abdominal wall and then suturing andsetting it into place. This helps the patient in better bowel motions throughthe stoma and collected in special disposable colostomy bag, which fits over thestoma and sticks to the skin. Colostomy can be permanent or temporary, ascolostomy can be reversed by joining two ends together. Colostomy bags marketis gaining traction due to increasing prevalence of diseases such as irritablebowel syndrome, multiple sclerosis, Crohn’s disease and cancer. Besides thesecolostomy can be performed due to birth defects or accidental injury. The broadspectrum regarding the causes for the disease is expected to favor the growthin colostomy bags market in the near future.
Colostomy bags market is backedby some of the factors as they does not bring significant changes in lifestyleas most of the people are allowed to follow the diet as earlier and performtheir daily routine after the surgery. Furthermore, to avoid infections aroundcolostomy bag due to spillage of stool, sweating, dislocation of colostomy bagswide range of accessories are provided, which includes support belts, girdles,deodorizers, skin protective wipes and stoma paste. Moreover, there aredifferent types of colostomy bags such as closed bags, drainable bags, onepiece system and two-piece system that are designed according to patients need.
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Rise in incidence of Crohn’sdisease and bowel cancer is expected to fuel the growth of colostomy bagsmarket in the near future
Crohn’s disease is a type ofinflammatory bowel disease (IBD) which can affect any part of gastrointestinaltract from mouth to anus which increase the market of colostomy bags. Accordingto Centers for Disease Control and Prevention (CDC), 1.0-1.3 million peoplesuffer from inflammatory bowel disease (IBD) as Crohn’s disease is more commonin smokers. Whereas each year in the U.S. around 54,000 men and 17,000 womenget bladder cancer according to Centers for Disease Control and Prevention(CDC), which significantly supports the rise in growth percentage of colostomybags industry. The statistics provided above are expected to be a set ofcrucial factors that supports the growth in colostomy bags market over theforecast period.
Regional growth engines of thecolostomy bags market
On the basis of regionalsegmentation, the global colostomy bags market can be segmented into NorthAmerica, Europe, Asia Pacific, Latin America, Middle East, and Africa. Theglobal market is projected to show growth expansion in Asia Pacific due to therise in incidence of colorectal cancer, increase in aging population andincrease in medical tourism. According to Centers for Disease Control andPrevention (CDC) report in 2014, the highest incidence of colorectal cancer wasreported in Asia Pacific and Hispanic with approximately 35 people out of100,000 in 2013.
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The key players dominating theglobal colostomy bags market
Providers in the market offer abroad range of colostomy bags and accessories and in increase in adoption ofmarket strategies such as online marketing due to advanced technology tomanufactures innovation in product competition in market is increasing. The keyplayers operating the market of colostomy bag includes, Coloplast, ConvaTec, TGEakin Hollister, Marlen, B. Braun Oakmed, and Welland Medical.
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