Innovation plays a vital role in growth of global ostomy/stoma care market as provision of differentiated products are equipped with better ease-of-use, fitting and odor and leakage control, among others. The report provides coverage on latest industry trends such as 3D custom fitted ostomy wafers, high demand for drainable/reusable ostomy bags and adoption of non-conventional sales channels. The market is primarily driven by demographic factors such ageing population, prevalence of colorectal cancer, inflammatory bowel disease, etc. The report Global Stoma Care/Ostomy Care (Ostomy Bags & Ostomy Accessories) Market Outlook 2022 provides an in-depth analysis of global stoma care/ostomy care market with forecasted market analysis up till 2022.
Geographically, the market has been segmented into Europe, the US and Asia Pacific region in the report. The report provides comprehensive coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. Furthermore, the study encompasses various market specific growth opportunities at the global and regional level.
The report has been segmented as following:
- Market Coverage:
- Ostomy/Stoma Care Market
- Ostomy Bags
- Ostomy Accessories
- Market Segmentation by Region/Country:
- The US
- Asia Pacific
- Key Vendors:
- Coloplast AG
- ConvaTec, Inc.
- C.R. Bard
- B. Braun Melsungen
An ostomy, or stoma refers to the surgically created opening between the intestines and the abdominal wall for the discharge of body wastes. Ostomy can be temporary or permanent depending on the functioning of the organ on which it is performed. The most common conditions that require ostomy surgery consists of cancer, trauma, inflammatory bowel disease, fecal incontinence, etc. Different types of ostomy are performed depending on how much and what part of the intestine or bladder is removed - colostomy (large intestine), ileostomy (small intestine) or urostomy (urinary bladder). In the US itself, there are more than 750,000 people with ostomies.
Growth of global stoma care/ostomy care market is driven by demographics, such as increasing prevalence of colorectal cancer, rising incidence of inflammatory bowel disease (IBD), increasing geriatric population, higher awareness level and increasing healthcare expenditure. These factors are expected to provide further impetus to the market even in the forecasted period 2017-22. Some of the major impediments to global stoma care/ostomy care market includes unstable reimbursement policies, social stigma and increasing pricing pressure of ostomy products and surgery.
The Global Stoma Care/Ostomy Care Market Outlook 2022 report, provides comprehensive market outlook of global stoma care/ostomy care market, focusing on major market sub-segments namely, Ostomy Bags and Ostomy Accessories. In the report stoma care/ostomy care market assessment is done across major markets such as Europe, the US and Asia Pacific. Europe is the world’s largest stoma care/ostomy care market, whereas, Asia Pacific region is poised to grow at fastest rate during forecasted period. In-depth analysis of the industry in the aforementioned market segments and regions is done on the basis of market value and market share.
Global Stoma Care/Ostomy Care is highly consolidated with four leading market players: Coloplast AG, ConvaTec, Inc., C.R. Bard and B. Braun Melsungen, etc. accounting for majority share of the market. These leading market players have been profiled herein based on attributes such as business overview, product segments, financial and business strategies. The report also compiles performance comparison of aforementioned companies and other leading companies in the segment based on various parameters in the competitive landscape section.
In totality, the report provides detailed market analysis, with relevant forecasted data supported by key market dynamics. This information will be helpful in evaluating opportunities in global stoma care/ostomy care market.
1. Executive Summary
2. Research Methodology
3.2 Types of Ostomy
3.3 Major Causes
3.3.1 Colorectal cancer
3.3.2 Inflammatory Bowel Disease (IBD)
4. Global Stoma Care/Ostomy Care Market Analysis
4.1 Market Sizing
4.2 Market Share Analysis
4.2.1 Market Share by Ostomy Bag Type
4.2.2 Market Share by Region
4.3 Regional Analysis
4.3.2 The US
4.3.3 Asia Pacific
5. Global Ostomy Market Segmentation
5.1 Ostomy Bags
5.1.2 Market Sizing (Actual & Forecasted)
5.1.3 Market Share by Use
5.2 Ostomy Accessories
5.2.2 Market Sizing (Actual & Forecasted)
5.2.3 Market Share by Products
6. Global Ostomy Care Market Dynamics
6.1 Industry Trends & Development
6.1.1 Custom Fit 3D Printed Ostomy Wafers
6.1.2 High Demand for Reusable/Drainable bags
6.1.3 Adoption of Non-Conventional Sales Channel
6.2 Growth Drivers
6.2.1 Prevalence of Colorectal Cancer
6.2.2 Rising Incidence of Inflammatory Bowel Diseases (IBD) & Crohn’s Disease
6.2.3 Ageing Population
6.2.4 Higher Awareness Level
6.2.5 Increasing Healthcare Expenditure
6.3.1 Unstable Reimbursement Policies
6.3.2 Social Stigma
6.3.3 Increasing Pricing pressure
7. Competitive Landscape
8. Company Profiles
8.1 B. Braun Melsungen AG (Germany)
8.2 Coloplast AG (Denmark)
8.3 ConvaTec, Inc. (US)
8.4 C.R. Bard