Press release
Ostomy/Stoma Care Market Projected to Reach USD 6.40 Billion by 2034, Growing at a CAGR of 5.5%
Ostomy/Stoma Care Market
Report Scope:
This comprehensive study provides an accurate overview of the worldwide ostomy/stoma care industry. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by surgery type, product, end users, and region in the study, which offers a comprehensive picture of the state of the market.
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Market Definition:
An ostomy is a surgery that assists the body in discarding waste when one has injured the digestive or urinary system. In this procedure, the surgeon generates a small incision in the belly. This opening goes from a space inside the body to the exterior of the abdomen. The objective of this surgery is to alter the way the waste leaves the body.
Drivers and Trends:
The market has seen notable progressions in product outline especially concentrating on improving user ease and convenience. Inventions have introduced more cautious, skin-friendly, and user-friendly bags and accessories.
An ostomy care needs continuous handling and acquisition; several healthcare donors are concentrating on patient education initiatives to sanction appropriate care and decrease intricacies. The training involves ostomy bag application, skincare, and lifestyle management.
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Top Companies:
The firms function globally by providing commodities that handle the requirements of patients undergoing colostomy, ileostomy, and urostomy procedures. Here are the top companies in the ostomy/stoma care market:
• Hollister Incorporated
• Coloplast A/S
• Convatec Group PLC
• Smith & Nephew
• B. Braun Melsungen AG
• Flexicare Medical Ltd
• Marlen Manufacturing & Development, Inc.
• Cymed Ostomy, Inc.
• ConvaTec, Inc.
• 3M Health Care
• Medtronic PLC
Ostomy/Stoma Care Market Report Highlights
• Based on surgery type, the colostomy segment holds the largest market share due to the high prevalence of colorectal cancer and related surgeries. The ileostomy segment is registering the notable growth, driven by rising cases of Crohn's disease and ulcerative colitis.
• By prdouct, the ostomy bags segment dominates the ostomy/stoma care market, driven by their essential role in daily ostomy care. The ostomy accessories segment is witnessing the highest CAGR, as it enhances the performance of ostomy bags and improves patient comfort through complementary products.
• In terms of end users, hospitals & specialty clinics hold the largest market share due to the high volume of surgeries performed and the need for specialized care. Homecare settings are experiencing the fastest growth, with patients increasingly managing their care independently using advanced products and digital tools.
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Segmental Outlook
By Surgery Type Outlook (Revenue-USD Billion, 2020-2034)
• Colostomy
• Ileostomy
• Urostomy
By Product Outlook (Revenue-USD Billion, 2020-2034)
• Ostomy Bags
• Ostomy Accessories
By End Users Outlook (Revenue-USD Billion, 2020-2034)
• Hospitals & Speciality Clinics
• Homecare Settings
• Ambulatory Surgery Centers
Country-Wise Insights
According to regional research, North America dominated the market. The region's growth is aided by the high existence of colorectal cancer, gastrointestinal diseases, and other conditions that require ostomy surgeries. Also, Europe is anticipated to emerge as the fastest-growing region in the ostomy/stoma care market.
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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