An ostomy is a surgically formed opening from the urinary tract or intestines, where effluent is redirected to the outside of the body employing an artificially created opening called a stoma. Depending on the severity of the patient, the ostomy can be temporary or permanent. The most common application of ostomies include colostomy, ileostomy, urostomy. The high incidence of inflammatory bowel disease coupled with the rising geriatric population are some of the factors driving the growth of the ostomy care market.
Ostomy Care Market Outlook
- Increasing prevalence of inflammatory bowel diseases such as Crohn’s disease or ulcerative colitis, intestinal cancer, fecal incontinence, and diverticular disease supports the growth of the market These diseases appears to be becoming more common in the U.S. and other parts of the world, according to NIDDK. The Centers for Disease Control and Prevention (CDC) report that doctors diagnose 3.1–14.6 new cases of Crohn’s per 100,000 person-years
- Innovative headways in ostomy care products should support is also the prominent factor for the growth of the market. The manufacturers have embraced advanced technology, and integration of such innovation has empowered ease of usage of ostomy care products that will drive industry development.
- On the downside, discomfort and other issues associated with the use of ostomy bags and social stigma associated with it are factors expected to negatively affect the global ostomy care market during the forecast period.
Ostomy Care Market Segmental Highlights
The report analyses the global ostomy care market based on product, system, usability, end user, and geography.
- Based on the product, the ostomy care market is categorized into ostomy care system and ostomy accessories. Ostomy care bags include one-piece system, two-piece system and skin barrier. Ostomy care accessories consist of Cream, Cleansers, Pastes & Powders, deodorants and other accessories. Currently, drainable stoma bags dominate the market, demonstrating the most popular product type.
- Ostomy care systems segment is categorised into drainable and closed-end ostomy bags. Drainable bags segment will observe high growth in forecast period owing to their increasing preference over the closed pouches as such pouches are easy to clean and dispose
- The ostomy care market finds application in Ileostomy, colostomy and urostomy. A colostomy is an operation that creates an opening for the colon, or large intestine, through the abdomen. The colostomy held the major market share due to rising patient population and growing awareness about ostomy care.
- The major end users of the market are home care settings, hospitals and others. The homecare settings segment will grow at significant CAGR owing to the increasing geriatric population that requires ostomy care coupled with growing trend of home healthcare.
- The ostomy care market is studied for the key regions including North America, Europe, Asia Pacific and Rest of the World. North America represented the largest regional market owing to increasing rates of technology adoption and growing awareness amongst the adult population regarding the availability of drainable pouches that are easy to use have surged the industry growth
Ostomy Care Market Key Players
- Coloplast A/S
- B. Braun
- 3M
- Alcare co., Ltd.
- Convatec Group Plc
- Baohe Ostomy Care
- Hollister Incorporated
- Salts Healthcare Ltd
- Cymed
- Flexicare Medical Limited
- Marlen Manufacturing & Development Company
- Nu-hope Laboratories, Inc.
- Perma-type Company, Inc.
- Schena Ostomy Technologies, Inc.
- Smith & Nephew
- Welland Medical Limited
The key players are launching technologically enhanced products and focusing on strengthening their distribution networks in Asia Pacific markets to capitalize on the growth opportunities in this region. For instance, in 2017, ConvaTec, Inc. launched Natura Convex Cut-to-Fit Accordion Flange for easy application of two-piece ostomy pouch
The report analyses the global ostomy care market based on product, system, usability, end user, and geography.
Based on the product, the ostomy care market is categorized into ostomy care system and ostomy accessories. Ostomy care bags include one-piece system, two-piece system and skin barrier. Ostomy care accessories consist of Cream, Cleansers, Pastes & Powders, deodorants and other accessories. Ostomy care systems segment is categorised into drainable and closed-end ostomy bags. The major end users of the market are home care settings, hospitals and others. The ostomy care market is studied for the key regions including North America, Europe, Asia Pacific and Rest of the World.
Key players in the global Ostomy Care market include Coloplast A/S, B. Braun, 3M, Alcare co., Ltd., Convatec Group Plc, Baohe Ostomy Care, Hollister Incorporate, Salts Healthcare Ltd, Cymed, Flexicare, Medical Limited, Marlen Manufacturing & Development Company, Nu-hope Laboratories, Inc., Perma-type Company, Inc., Schena Ostomy Technologies, Inc., Smith & Nephew and Welland Medical Limited.
Why to buy this report:
- The report offers changing market dynamics in the Ostomy Care market, presenting historical, current and projected market size in terms of value (USD Million)
- The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of Ostomy Care market
- It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the Ostomy Care market performance
- The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of Ostomy Care market
