Press release
U.S. Stoma/Ostomy Care Market to reach USD 2,641.02 million by 2029
Being a proficient and comprehensive, U.S. Stoma/Ostomy Care Market survey report puts a light on primary and secondary drivers, market share, leading segments, possible sales volume, and geographical analysis. This market research report contains thorough analysis of the market structure along with forecast of the various segments and sub-segments of the market. A numerous markets, marketing strategies, trends, future products and rising opportunities are taken into consideration while studying market and preparing this report. The chief areas covered in the wide ranging U.S. Stoma/Ostomy Care market report include market definition, market segmentation, competitive analysis and research methodology.U.S. stoma/ostomy care market is expected to gain market growth in the forecast period of 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.4% in the forecast period of 2029 and is expected to reach USD 2,641.02 million by 2029. The rise in FDA approval and the presence of major market players are rising the market growth. The rising government investments with the rising awareness among the population can give the market an opportunity to enhance the treatment.
Ostomy or stoma is a surgery to create an opening (stoma) from an area inside the body to the outside. It treats certain diseases of the digestive or urinary systems. It can be permanent when an organ must be removed. It can be temporary when the organ needs time to heal. The increase in the geriatric population and rise in prevalence of bowel and bladder cancer may accelerate the growth of the market. The adaptation of advanced technologies in the industry has been stimulated market growth. Consequently, the growing demand for stoma/ostomy care in health care is likely to drive the market growth in the projected period.
Segmentation:
The stoma/ostomy care market is segmented into two notable segments based on end use setting and point of sale. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
The U.S. stoma/ostomy care market is categorized into two segments based on end use setting and point of sale.
On the basis of end use setting, the U.S. stoma/ostomy care market is segmented into at home care, hospitals, nursing homes, old age care settings. In 2022, at home care setting segment is expected to dominate the U.S. stoma/ostomy care market due to increase in geriatric population in the U.S.
On the basis of point of sale, the U.S. stoma/ostomy care market is segmented into pharmacies, mail order companies, medical surgical supply houses, and E-pharmacy. In 2022, the pharmacies segment is expected to dominate the U.S. stoma/ostomy care market with the increasing technological advancement and healthcare expenditure by government across the U.S.
What benefits does DBM research study is going to provide?
Latest industry influencing trends and development scenario
Open up New Markets
To Seize powerful market opportunities
Key decision in planning and to further expand market share
Identify Key Business Segments, Market proposition & Gap Analysis
Assisting in allocating marketing investments
Key Market Players:
Some of the major companies which are dealing in the stoma/ostomy care are Hollister Incorporated, ConvaTec Inc., Coloplast Corp, B. Braun Melsungen AG, 11 Health and Technologies, Inc., 3M, Cymed Micro Skin, Nu-Hope Laboratories, Inc., Smith+Nephew, ALCARE Co., Ltd., Marlen Manufacturing & Development Company., Flexicare (Group) Limited, Schena Ostomy Technologies, Inc., PERMA-TYPE COMPANY, INC. Torbot Group, Inc., Triad Medical, LLC, Safe n' Simple., Tytex A/S, North American Latex Corporation., Genesis Plastics Welding, Austin Medical Products, Inc., Trio Ostomy USA, among others domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Attractions of The U.S. Stoma/Ostomy Care Market Report: -
Latest market dynamics, development trends and growth opportunities are presented along with industry barriers, developmental threats and risk factors
The forecast S. Stoma/Ostomy Care Market data will help in the feasibility analysis, market size estimation and development
The report serves as a complete guide which micro monitors all vital U.S. Stoma/Ostomy Care Market
A concise market view will provide ease of understanding.
Nut Oil Market Competitive market view will help the players in making a right move
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