Press release
Stoma/Ostomy Care Market 2020 Industry Size, Share, Growth by Manufacturers, Revenue, Demand, Segments and Forecast 2025
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#Download Free PDF Sample Brochure of report Global Stoma/Ostomy Care Market 2020 across with 193 Pages and in-depth TOC Analysis @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=623378
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 care market projected to grow at a CAGR of 4.4% over the forecast period of 2020-2025."
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 withthe 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.
"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.
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"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.
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.
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List of Tables
Table 1 Medicare Product Allowables On Selected Products*
Table 2 Ostomy Care Market, By Product, 2018-2025 (Usd Million)
Table 3 Ostomy Bags Market, By Country, 2018-2025 (Usd Million)
Table 4 Ostomy Bags Market, By Surgery Type, 2018-2025 (Usd Million)
Table 5 Ostomy Bags Market, By Surgery Type, 2018-2025 (Million Units)
Table 6 Types Of Colostomy On The Basis Of Stoma Location
Table 7 Ostomy Bags Market For Colostomy, By Country, 2018-2025 (Usd Million)
Table 8 Types Of Ileostomy Procedures
Table 9 Ostomy Bags Market For Ileostomy, By Country, 2018-2025 (Usd Million)
Table 10 Ostomy Bags Market For Urostomy, By Region, 2018-2025 (Usd Million)
Table 11 Ostomy Bags Market, By Type, 2018-2025 (Usd Million)
Table 12 Ostomy Bags Market, By Type, 2018-2025 (Units Million)
Table 13 Skin Barriers Market, By Country, 2018-2025 (Usd Million)
Table 14 Two-Piece Systems Market, By Country, 2018-2025 (Usd Million)
Table 15 One-Piece Systems Market, By Country, 2018-2025 (Usd Million)
Table 16 Ostomy Bags Market, By Usability, 2018-2025 (Usd Million)
Table 17 Ostomy Bags Market, By Usability, 2018-2025 (Units Million)
Table 18 Drainable Bags Market, By Country, 2018-2025 (Usd Million)
Table 19 Closed-End Bags Market, By Country, 2018-2025 (Usd Million)
Table 20 Ostomy Bags Market, By Shape Of Skin Barrier, 2018-2025 (Usd Million)
Table 21 Flat Base Bags Market, By Region, 2018-2025 (Usd Million)
Table 22 Convex Bags Market, By Region, 2018-2025 (Usd Million)
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