Press release
Global Ostomy Market Size and Key Trends in Terms Of Volume and Value 2021
Ostomy is an opening surgery from the abdomen for the removal of the waste of body. An ostomy can be temporary or permanent depending upon the medical requirement. Conditions that require ostomy surgeries include cancer, trauma, inflammatory bowel disease, infection, fecal inconsistence and diverticulitis. Ostomy is classified into three types namely colostomy, ileostomy and urostomy. The market for ostomy is commonly called ostomy care and includes ostomy bags and accessories.
Colostomy segment contributed significantly in the growth of ostomy market due to rise in awareness of ostomy care products and increased spending on health. Rising patient volume was attributable to increasing survival rate of bladder cancer patients as they require continuous ostomy care.
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Europe is the main contributor to the ostomy market with technological advancements and increasing cases of urinary bladder cancer and ageing population. The U.S. has great potential in the years ahead with rising awareness about treatment options of ostomy. In addition, favorable reimbursement policies would help in fuelling the market growth for ostomy in this region.
The global ostomy market is expected to grow in future due to increasing ageing population, rise in health care expenditure, growing online sales, increasing life expectancy and rising prevalence of inflammatory bowel diseases. Key trends of this market include healthy reimbursement landscape of developed countries, launch of new products and awareness regarding ostomy treatments. However, there are some factors which can hinder the growth of ostomy market which includes reimbursement system in emerging countries and complications related to ostomy bags.
The report “Global Ostomy Market: Industry Analysis & Outlook (2017-2021)” by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the market, covering Europe and North America region along with the global market. The report profiles the key players of the market including Coloplast, ConvaTec, B.Braun and C.R. Bard.
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Table of Content
1. Market Overview
1.1 Introduction
1.2 Ostomy Care
2. Global Ostomy Market
2.1 Global Ostomy Market by Value
2.2 Global Ostomy Market Forecast by Value
2.3 Global Ostomy Market by Stoma Type
2.3.1 Global Colostomy Market Forecast by Value
2.3.2 Global Colostomy Market by Region
2.3.3 Global Ileostomy Market Forecast by Value
2.3.4 Global Ileostomy Market by Region
2.3.5 Global Urostomy Market Forecast by Value
2.3.6 Global Urostomy Market by Region
2.4 Global Ostomy Market by Region
2.5 Global Ostomy Market by Product Type
2.6 Global Ostomy Patient Volume
2.6.1 Global Ostomy Market by Patient Volume
2.6.2 Global Ostomy Market Forecast by Patient Volume
2.6.3 Global Ostomy Patient Volume by Segment
2.6.4 Global Ostomy Patient Volume by Region
3. Regional Markets
3.1 Europe
3.1.1 Europe Ostomy Market by Value
3.1.2 Europe Ostomy Market Forecast by Value
3.2 North America
3.2.1 North America Ostomy Market by Value
3.2.2 North America Ostomy Market Forecast by Value
3.3 Rest of the World
3.3.1 ROW Ostomy Market by Value
3.3.2 ROW Ostomy Market Forecast by Value
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4. Market Dynamics
4.1 Growth Drivers
4.1.1 Rising Ageing Population
4.1.2 Increasing Healthcare Spending
4.1.3 Increasing Online Sales
4.1.4 Increasing Life Expectancy
4.1.5 Rising Prevalence of Inflammatory Bowel Diseases
4.2 Key Trends
4.2.1 Reimbursement Landscape
4.2.2 Launch of New Products
4.2.3 Increasing Awareness about Ostomy Treatment
4.3 Challenges
4.3.1 Reimbursement as a Challenge in Emerging Economies
4.3.2 Complications with Ostomy Bags
5. Competitive Landscape
5.1 Global Market
5.1.1 Revenue and Market Cap Comparison
5.1.2 Global Ostomy Market Share by Company
5.2 Regional Markets
5.2.1 Europe Ostomy Market by Company
5.2.2 North America Ostomy Market by Company
6. Company Profiles
6.1 Coloplast
6.1.1 Business Overview
6.1.2 Financial Overview
6.1.3 Business Strategies
6.2 ConvaTec
6.2.1 Business Overview
6.2.2 Financial Overview
6.2.3 Business Strategies
6.3 B.Braun
6.3.1 Business Overview
6.3.2 Financial Overview
6.3.3 Business Strategies
6.4 C.R. Bard
6.4.1 Business Overview
6.4.2 Financial Overview
6.4.3 Business Strategies
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