Disposable Ostomy Bags Market size was valued at USD 0.9 billion in 2022, and it is projected to reach USD 2 billion by the end of 2030, with growth at a CAGR of 10.5% during the forecast period 2022-2030.
The disposable ostomy bags market is defined as the sector that manufactures and distributes one-time-use pouches intended to gather waste from ostomy procedures. Ostomy is a surgical intervention that produces an aperture in the abdominal area to reroute the discharge of bodily waste from the urinary or digestive system to an external bag. These bags are commonly crafted from robust, leak-resistant, and hypoallergenic materials.
The demand for disposable ostomy bags is fueled by the escalating number of individuals living with ostomies, including those affected by inflammatory bowel disease, colorectal cancer, or bladder cancer. Furthermore, the ongoing progress in technology and materials has boosted the appeal of ostomy bags among patients, as they now offer enhanced comfort, durability, and reliability.
Moreover, the COVID-19 outbreak has affected the demand for disposable ostomy bags as patients with ostomies may require extra supplies and attention during the pandemic. Consequently, there has been an upsurge in the demand for home healthcare services and doorstep delivery of ostomy products.
The demand for disposable ostomy bags can vary depending on the region, with developed nations like the United States and Europe experiencing more significant demand due to their aging populations and better healthcare accessibility. Conversely, developing countries may have a lower demand due to limited healthcare access and lower rates of ostomy procedures.
In general, the demand for disposable ostomy bags is projected to increase in the upcoming years as the prevalence of ostomy procedures rises and technological advancements make these items more available and user-friendly for patients. Nonetheless, the market faces challenges like regulatory compliance, competition, and pricing pressures, compelling manufacturers to strike a balance between quality, innovation, and affordability for patients.
Disposable Ostomy Bags Market
Disposable Ostomy Bags Market size is projected to reach USD 2 billion by the end of 2030, with growth at a CAGR of 10.5% during the forecast period 2022-2030
B. Braun Melsungen AG, Torbot Group Inc., Pelcin Healthcare, Welland Medical Ltd., Salts Healthcare Ltd., ALCARE Co. Ltd., Coloplast, ConvaTec Inc., and Hollister Incorporated are some of the major players in the disposable ostomy bags market.