Stoma/Ostomy Care Market 2021 Is Booming Across the Globe by Top Players – Coloplast A/S (Denmark), Hollister Incorporated (US), ConvaTec Group plc (UK), B. Braun (Germany)

Stoma/Ostomy Care Market by Product (Bags (Surgery Type (Ileostomy, Colostomy, Urostomy), System (One, Two-Piece), Usability (Drainable, Closed), Shape (Flat, Convex)), Accessories (Powder, Deodorant)), End User and Region – Global Forecast to 2025

The ostomy care market is projected to reach USD 3.5 billion by 2025 from USD 2.8 billion in 2020, at a CAGR of 4.4% during the forecast period. Globally, the population of individuals aged 60 years and above is expected to increase from 962 million in 2017 to 2.1 billion by 2050 (Source: UN Population Division). The rising geriatric population is considered as one of the major factors driving the growth of the ostomy care industry, as the incidence of bladder cancer and colorectal cancer is high among geriatric individuals. Thus, the rising geriatric population, coupled with the growing number of awareness programs to educate patients regarding the use of ostomy products,are the major factors driving the growth of this market. However, discomfort and other issues associated with the use of ostomy bags and the growing adoption of alternative treatments are the key factors limiting the growth of this market.

Stoma/Ostomy Care Market research report encourage businesses with intelligent decision making and better manage the marketing of goods which ultimately leads to growth and success. This market report encompasses six major parameters namely market analysis, market definition, market segmentation, key developments in the market, competitive analysis, and research methodology. It indicates that the rise in market value is generally attributed to the rising growth of the applicable industries and the successive rise in demand of applications. Businesses can accomplish knowledge about complete background analysis of the industry which contains an assessment of the parental market.

The major players in the ostomy care market include:

Coloplast A/S (Denmark),

Hollister Incorporated (US),

ConvaTec Group plc (UK),

B. Braun (Germany),

ALCARE Co., Ltd. (Japan),

Nu-Hope (US),

Marlen Manufacturing & Development Company (US),

Welland Medical Limited (UK),

Baohe Ostomy Care (China),

Flexicare Medical Limited (UK),

Cymed (US),

Schena Ostomy Technologies, Inc. (US),

Perma-Type Company Inc. (US),

3M (US),

Smith & Nephew (US),

and Salts Healthcare (UK), among others.

“The ostomy accessories segment is expected to be the fastest-growing segment during the forecast period.”

The ostomy accessories market is expected to grow at the highest CAGR during the forecast period owing to the growing skin problems due to frequent removal and re-application of skin barrier of ostomy bags and rising awareness about the care of peristomal skin.

“The two-piece bags segment expected to be the largest segment in 2019.”

By ostomy bag type, the ostomy care market is segmented into one-piece, two-piece, and skin barrier. Two-piece bags are expected to hold the largest share of the market in terms of volume in 2019.The major share of the segment is attributed to the advantages of these bags over one-piece bags and a rising number of ileostomy procedures.

“Asia Pacific expected to register the highest growth rate in the ostomy care market.”

The ostomy care industry is segmented into five major regions, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. Awareness initiatives by public and private organizations, a large patient population base for target diseases, and the rising geriatric population are the key factors driving the market growth. In addition, several market players are focusing on strengthening their distribution networks in APAC markets to capitalize on the growth opportunities in this region, are expected to boost the growth of this region.

A breakdown of the primary participants referred to for this report is provided below:

  • By Company Type: Tier 1–45%, Tier 2–34%, and Tier 3– 21%
  • By Designation: C-level–47%, Director-level–33%, and Others–20%
  • By Region: North America–35%, Europe–32%, Asia Pacific–25%, Latin America–6%, and the Middle East & Africa–2%

Research Coverage

This report studies the stoma/ostomy care market based on the product, end user,and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting the market growth. It analyzes the opportunities and challenges in the market and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to five main regions(and the respective countries in these regions).

Reasons to Buy the Report

The report will enable established firms as well as entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a larger market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies for strengthening their market presence.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios offered by the top players in the ostomy care market
  • Product Development/Innovation: Detailed insights on research and development activities and new product launches in the ostomy care industry
  • Market Development: Comprehensive information about lucrative emerging markets, by product, end user, and region
  • Market Diversification: Exhaustive information about new products, growing geographies, recent developments in the ostomy care market
  • Competitive Assessment: In-depth assessment of growth strategies, products, and manufacturing capabilities of leading players in the ostomy care market

Table of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered For The Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown Of Primaries
2.1.2.2 Key Data From Primary Sources
2.2 Market Size Estimation
2.2.1 Product-Based Market Estimation
2.2.2 Epidemiology-Based Market Size Estimation
2.2.3 Primary Research Validation
2.3 Market Breakdown And Data Triangulation
2.4 Research Limitations And Assumptions
2.4.1 Assumptions For The Study
2.5 Research Limitations

3 Executive Summary

4 Premium Insights
4.1 Ostomy Care Market Overview
4.2 North America: Ostomy Care Bags Value Market, By Surgery Type, 2020 Vs. 2025 (Usd Million)
4.3 Asia Pacific: Ostomy Accessories Value Market Share, By Type, 2020 Vs. 2025
4.4 Ostomy Care Market: Geographic Growth Opportunities

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Target Patient Population
5.2.1.2 Rising Geriatric Population
5.2.1.3 Growing Number Of Awareness Programs To Educate Patients Regarding The Use Of Ostomy Products
5.2.1.4 Favorable Reimbursement System In Developed Countries
5.2.2 Restraints
5.2.2.1 Discomfort And Other Issues Associated With The Use Of Ostomy Bags
5.2.2.2 Growing Adoption Of Alternative Treatments
5.2.3 Opportunities
5.2.3.1 Growth Opportunities Offered By Emerging Markets
5.2.3.2 Growing Internet Usage For Online Sales Of Ostomy Products
5.2.3.3 Growing Medical Tourism In Asian Countries
5.2.4 Challenges
5.2.4.1 Disparities In Reimbursement For Ostomy Supplies In Emerging Countries

6 Ostomy Care Market, By Product
6.1 Introduction
6.2 Ostomy Bags
6.2.1 Ostomy Bags Market, By Surgery Type
6.2.1.1 Colostomy
6.2.1.1.1 A Large Number Of Colostomies Performed To Drive Market Growth
6.2.1.2 Ileostomy
6.2.1.2.1 Increasing Incidence Of Ulcerative Colitis And Crohn’s Disease To Support Market Growth
6.2.1.3 Urostomy
6.2.1.3.1 Urostomies Are Commonly Performed For The Treatment Of Bladder Cancer
6.2.2 Ostomy Bags Market, By Type
6.2.2.1 Skin Barriers
6.2.2.1.1 New Product Developments To Support Market Growth
6.2.2.2 Two-Piece Systems
6.2.2.2.1 High Cost Of Two-Piece Systems To Hamper Market Growth
6.2.2.3 One-Piece Systems
6.2.2.3.1 Issues Associated With The Use Of These Products To Hamper The Market Growth
6.2.3 Ostomy Bags Market, By Usability
6.2.3.1 Drainable Bags
6.2.3.1.1 Advantages Offered By These Products Are Contributing To The Large Share Of This Segment
6.2.3.2 Closed-End Bags
6.2.3.2.1 Closed-End Bags Are Designed For One-Time Use
6.2.4 Ostomy Bags Market, By Shape Of Skin Barrier
6.2.4.1 Flat Base Bags
6.2.4.1.1 Flat Base Bags Segment Accounted For The Largest Market Share In 2019
6.2.4.2 Convex Bags
6.2.4.2.1 These Bags Are Recommended For Patients With An Irregular Stoma
6.3 Ostomy Care Accessories
6.3.1 Pastes & Powders
6.3.1.1 These Products Protect The Skin, Fill In Any Uneven Surface, And Increase The Wear Time Of Ostomy Products
6.3.2 Creams
6.3.2.1 Creams Help In Adding Moisture To Dry Skin Caused Due To The Application And Removal Of Skin Barriers
6.3.3 Cleansers
6.3.3.1 Cleansers Are Designed To Clean The Skin Around The Stoma
6.3.4 Deodorants
6.3.4.1 Deodorants Help In Reducing Odor Emanation
6.3.5 Other Accessories

7 Ostomy Care Market, By End User
7.1 Introduction
7.2 Home Care Settings
7.2.1 Home Care Settings Are The Largest End Users Of Ostomy Products
7.3 Hospitals & Specialty Clinics
7.3.1 Large Number Of Ostomy Procedures Performed In Hospitals Is Supporting The Growth Of This Segment

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