GVR Report cover Latin America Ostomy Care Bags Market Size, Share & Trends Report

Latin America Ostomy Care Bags Market Size, Share & Trends Analysis Report By Application (Colostomy Bags, Ileostomy Bags, Urostomy Bags), By Product, By End Use, By Country, And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-2-68038-444-4
  • Number of Report Pages: 100
  • Format: PDF, Horizon Databook
  • Historical Range: 2018 - 2022
  • Forecast Period: 2024 - 2030 
  • Industry: Healthcare

Report Overview

The Latin America ostomy care bags market size was valued at USD 331.4 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.6% from 2024 to 2030. The increasing prevalence of ostomy procedures, primarily due to a rise in colorectal cancer and inflammatory bowel diseases, drives the market. As more patients undergo surgeries requiring ostomy care, the demand for ostomy bags and related products has surged. Advances in medical technology have also contributed to this growth, with new, more comfortable, and user-friendly ostomy bags hitting the market, further stimulating consumer demand.

Brazil ostomy care bags market size

According to the World Cancer Research Fund International, cancer rates are increasing globally, with colorectal cancer being one of the most prevalent forms. In Latin America, healthcare systems are becoming more adept at diagnosing these conditions earlier, leading to an increase in ostomy surgeries. As a result, there is a growing need for ostomy care products, including bags that facilitate recovery and improve patients’ quality of life.

As life expectancy increases due to advancements in healthcare and living standards, there is a corresponding rise in age-related health issues that may necessitate ostomy procedures. Older adults are more susceptible to conditions requiring surgical interventions that lead to ostomies. This demographic shift creates a larger patient base needing ostomy care products, thereby driving demand for various types of ostomy bags tailored to different needs.

Application Insights

Ileostomy bags dominated the market and accounted for the largest market revenue share of 42.3% in 2023. Healthcare infrastructure improvements, including better access to ostomy care and support services, contribute to the market's growth. Enhanced patient education and support systems ensure that individuals undergoing ileostomy procedures are well-informed about their options and how to manage their ostomy care effectively. This increased access to information and resources empowers patients to make informed choices about their ostomy products, thereby driving demand for high-quality ileostomy bags.

Urostomy bags are anticipated to grow significantly over the forecast period. Innovations such as better adhesive systems, leak-proof designs, and more comfortable materials make urostomy bags more effective and user-friendly. For instance, in February 2024, Convatec Group PLC launched the Esteem Body with Leak Defense, a new line of urostomy bags designed to enhance patient comfort and confidence. This innovative product features a unique leak defense system that aims to minimize the risk of leakage, a common concern among individuals living with an ostomy. In Latin America, where healthcare accessibility and quality can vary, these technological improvements are particularly important. They offer significant benefits to patients, including reduced complications and improved quality of life, thereby increasing demand for advanced urostomy products.

Product Insights

One piece bag dominated the market and accounted for the largest market revenue share in 2023. One-piece ostomy bags offer an integrated design where the pouch and the skin barrier are fused into a single unit, simplifying the application and removal process. This design reduces the complexity of changing the ostomy bag. It minimizes the risk of leaks or skin irritation, particularly appealing to patients seeking a more straightforward, hassle-free solution.

Two piece bag is anticipated to grow significantly over the forecast period. The increasing focus on patient comfort and quality of life is another important factor driving the growth of the two-piece ostomy bag segment. Two-piece systems allow patients to change the pouch without removing the skin barrier, which can be particularly beneficial for those with sensitive skin or frequent ostomy changes. This feature enhances patient comfort and minimizes the risk of skin damage and complications. As awareness of the importance of patient-centered care grows, more patients and healthcare providers opt for two-piece systems to improve overall satisfaction and quality of life.

End Use Insights

The home care settings segment dominated the market in 2023. Patients increasingly prefer receiving care at home due to its convenience and comfort compared to traditional hospital settings. This trend has been accelerated by advancements in telemedicine and remote monitoring technologies, which allow healthcare providers to offer support and guidance from a distance. As more patients opt for home-based recovery after ostomy surgeries, the demand for ostomy care bags designed specifically for home use will likely grow.

Latin America ostomy care bags market share

The hospitals segment is projected to experience significant growth during the forecast period. There is a heightened focus on improving patient outcomes and quality of life in the region, which includes providing high-quality ostomy care products. Hospitals increasingly recognize the importance of selecting ostomy bags that enhance patient comfort, reduce complications, and support faster recovery. This shift towards more personalized and effective care leads to greater use of advanced ostomy bags, aligning with enhancing patient satisfaction and overall care quality.

Country Insights

Brazil ostomy care bags market accounted for the largest market revenue share of 37.8% in the region in 2023. The government’s initiatives to improve healthcare access, particularly in underserved regions, have increased the availability of ostomy care products. For instance, the Brazilian Ministry of Health’s programs to enhance support for patients with chronic conditions include provisions for ostomy care. This has led to better distribution of ostomy products through public and private healthcare facilities, meeting the needs of a broader patient base.

Argentina ostomy care bags market is anticipated to register the fastest CAGR over the forecast period. The country has seen advancements in healthcare facilities and medical technologies, leading to better diagnostic and surgical outcomes. As healthcare services become more accessible and advanced, patients are more likely to undergo ostomy procedures, increasing the demand for ostomy care products. The expansion of healthcare networks into rural and underserved areas also plays a role in enhancing market growth.

Key Companies & Market Share Insights

Some of the key companies in the Latin America ostomy care bags market include Coloplast Group, Hollister Incorporated, Convatec Group PLC, and others.

  • Coloplast Group offers a comprehensive range of ostomy care bags designed to meet the diverse needs of individuals with different types of ostomies, including colostomies, ileostomies, and urostomies. Their product line includes one-piece and two-piece systems, which provide flexibility in terms of ease of use and comfort

  • Hollister Incorporated offers ostomy care bags designed to meet the diverse needs of patients with colostomies, ileostomies, and urostomies. These products are engineered with advanced materials and technologies to ensure users' comfort, security, and discretion. Hollister's offerings include one-piece and two-piece systems that cater to different preferences and lifestyles, allowing patients to choose the option that best fits their daily routines.

Key Latin America Ostomy Care Bags Companies:

  • Coloplast Group
  • Hollister Incorporated
  • Convatec Group PLC
  • Salts Healthcare Ltd.
  • B. Braun SE
  • Medline Industries
  • Laboratório São Francisco
  • Fannin

Recent Developments

  • In May 2024, Coloplast Group announced the launch of three innovative products to enhance its ostomy care portfolio. These new offerings include a next-generation ostomy bag designed for improved comfort and discretion, an advanced skin barrier that provides better protection against irritation, and a state-of-the-art adhesive solution that ensures secure attachment while minimizing skin damage.

  • In June 2022, Hollister Incorporated announced advancements in ostomy and continence care, emphasizing a “people-first” approach to innovation. This approach includes enhancing the design of ostomy bags to improve wearability, skin protection, and ease of use. These innovations are designed not only to meet the physical needs of users but also to address their emotional and psychological well-being, recognizing that living with an ostomy can be a challenging experience.

Latin America Ostomy Care Bags Market Report Scope

Report Attribute

Details

Market size value in 2023

USD 331.4 million

Revenue forecast in 2030

USD 518.3 million

Growth rate

CAGR of 6.6% from 2024 to 2030

Base year for estimation

2023

Historical data

2018 - 2022

Forecast period

2024 - 2030

Quantitative units

Revenue in USD Million and CAGR from 2024 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Application, Product, End Use, and Region

Country scope

Brazil and Argentina

Key companies profiled

Coloplast Group, Hollister Incorporated, Convatec Group PLC, Salts Healthcare Ltd., B. Braun SE, Medline Industries, Laboratório São Francisco, Fannin

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Latin America Ostomy Care Bags Market Report Segmentation

This report forecasts revenue growth at regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the Latin America ostomy care bags market report based on application, product, end use, and country:

  • Application Outlook (Revenue, USD Million, 2018 - 2030)

    • Colostomy Bags

    • Ileostomy Bags

    • Urostomy Bags

  • Product Outlook (Revenue, USD Million, 2018 - 2030)

    • One Piece Bag

    • Two Piece Bag

  • End Use Outlook (Revenue, USD Million, 2018 - 2030)

    • Home Care Settings

    • Hospitals

    • Others

  • Country Outlook (Revenue, USD Million, 2018 - 2030)

    • Brazil

    • Argentina

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