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Ostomy Devices Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Ostomy Devices Market Report
The ostomy devices market has seen steady growth in recent years. It will increase from $2.8 billion in 2024 to $2.93 billion in 2025, at a CAGR of 4.8%. The growth can be attributed to the prevalence of gastrointestinal disorders, a rise in colorectal cancer cases, advancements in surgical techniques, improved ostomy products, increased patient education, and supportive healthcare policies.
The ostomy devices market is projected to see steady growth, reaching $3.56 billion by 2029 at a CAGR of 5.0%. The growth is driven by an aging population, chronic diseases, a focus on patient-centric products, advancements in materials and design, increased awareness, telehealth, and healthcare system modernization. Key trends include environmentally friendly products, customization, awareness initiatives, cost containment, and global market expansion.
What Key Elements Are Boosting Growth in the Ostomy Devices Market?
The growing prevalence of colorectal cancer is anticipated to boost the ostomy device market. Colorectal cancer arises in the colon due to the abnormal growth of cells, which may spread if not detected and treated early. Ostomy devices are crucial for patients undergoing surgical procedures for colorectal cancer, enabling waste collection and post-surgical bodily function management. For example, in January 2023, the American Cancer Society reported that colorectal cancer cases increased from 149,500 in 2021 to 153,020 in 2023, reflecting a 2.35% growth. Consequently, the rising occurrence of colorectal cancer is propelling the expansion of the ostomy device market.
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Who Are the Major Industry Players Fueling Ostomy Devices Market Expansion?
Major companies operating in the ostomy devices market report are 3M Company, Henkel AG And Co. KGaA, Avery Dennison Corporation, B. Braun Melsungen AG, Smith & Nephew PLC, Coloplast Corp., ConvaTec Group PLC, Hollister Incorporated, Porex Corporation, Perma-Type Company Inc., Dansac UK, Salts Healthcare, Zhejiang Longterm Medical Technology Co. Ltd., Vonco Products LLC, Angiplast Pvt. Ltd., Scapa Healthcare Ltd., Welland Medical Limited, Flexicare (Group) Limited, Marlen Manufacturing And Development Company, Advacare Pharma USA LLC., Nu-Hope Laboratories Inc., Torbot Group Inc., Genairex Inc., ALCARE Co. Ltd., OxMed International GmbH, Cymed Inc., Schena Ostomy Technologies Inc., Sarasota Medical Products, Safe N' Simple LLC, Wuhan Sitaili Medical Apparatus Development Co. Ltd
Which Key Developments Are Influencing the Ostomy Devices Market?
Leading companies in the ostomy device market are integrating skin-friendly materials into their products to minimize skin irritation and enhance patient comfort, gaining a competitive advantage. Skin-friendly materials in ostomy devices reduce the risk of irritation, allergies, and discomfort from prolonged device use. For instance, in February 2024, Convatec Group plc, a UK-based medical products company, introduced Esteem Body with Leak Defense, a new one-piece soft convex ostomy system designed to improve patient care. This innovative product features advanced adhesives that adapt to various body shapes, reducing the likelihood of leaks. Additionally, it includes an 8-shaped pouch that minimizes sagging and water-repellent materials, ensuring discretion during activities such as swimming.
How Is the Segmentation of the Ostomy Devices Market Defined?
The ostomy devices market covered in this report is segmented -
1) By Product: Bags, Accessories
2) By System Type: One-Piece System, Two-Piece System
3) By Surgery Type: Colostomy, Urostomy, Ileostomy
4) By End Users: Ambulatory Surgical Centers, Hospitals, Home Care, Other End-Users
Subsegments:
1) By Bags: Colostomy Bags, Ileostomy Bags, Urostomy Bags
2) By Accessories: Skin Barriers, Adhesives And Pastes, Deodorants And Cleansing Products, Belts And Support Garments
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What Is the Leading Region in the Ostomy Devices Market?
North America was the largest region in the ostomy devices market in 2024. The regions covered in the ostomy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Is Covered In The Ostomy Devices Global Market Report?
- Market Size Analysis: Analyze the Ostomy Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Ostomy Devices Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Ostomy Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Ostomy Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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