Ostomy Care Accessories Market Reflecting a US$ 503.7 Mn by 2021

According to the latest market report published by Persistence Market Research titled “Global Market Study on Ostomy Care Accessories: High Demand for Safety and Ease Of Use Accessories to Drive the Market During the Forecast Period ”, the ostomy care accessories market has been estimated to be valued at US$ 347.2 Mn by the end of 2015, and is expected to expand at a CAGR of 6.8% during the forecast period (2015-2021) to account for US$ 503.7 Mn by 2021.

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By region, Europe has been estimated to dominate the ostomy care accessories market with over 42.1% share by 2015 end and is expected to remain dominant throughout the forecast period. Skin protection and skin barriers are the largest segment in global ostomy care accessories market. The global skin protection and skin barriers segment are expected to increase at a CAGR of 6.6% in terms of value during the forecast period. Belt, tapes and adhesives are the second-largest segment in the global ostomy care accessories market and is expected to expand at a CAGR of 6.8% in terms of value during the forecast period.

Report Overview @ https://www.persistencemarketresearch.com/market-research/ostomy-care-accessories-market.asp

Asia-Pacific represents the most lucrative market, followed by North America for ostomy care accessories This is primarily due to increase awareness about ostomy care accessories available in the market, growing operational activities by key players and rising demand for better healthcare facilities in India, China, Bangladesh, Philippines and Indonesia. Asia Pacific has been estimated to account for 15.1% market share in the global ostomy care accessories market in 2015, which is expected to increase to 15.6% market share by 2021.

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