The global Ostomy Care Market is expected to foresee significant growth. Europe to lead the growth!

• Vikas Kumar
• January 14, 2023
• HEALTHCARE, NEWS
• Asia Ostomy Care Market, Europe Ostomy Care Market, Middle east Ostomy Care Market, Ostomy Care, Ostomy Care Market, Ostomy Care Market analysis, Ostomy Care Market forecast, Ostomy Care Market growth, Ostomy Care Market share, Ostomy Care Market size, Ostomy Care Market trends, US Ostomy Care Market
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The global ostomy care market is expected to register a CAGR of approx. 5% over the period of 2022-2028. An ostomy is a surgical procedure that opens your abdominal wall. This opening connects an area within your body to the outside world, typically through your abdominal muscles and skin. Ostomy surgery alters the way waste exits your body. Ostomy procedures frequently remove fecal waste (poop), but they can also remove urine (pee).  The global ostomy care market is rising due to the increasing prevalence of Crohn’s disease around the globe.  For instance, according to very Crohn’s Colitis Foundation, the total number of new cases of Crohn’s disease diagnosed each year (incidence) was 10.7 per 100,000 people or approximately 33,000 new cases per year. Owing to the glaring statistics, the increasing number of patients suffering from colorectal cancer is leading to the growing demand for ostomy care and would contribute to the growth of the market in the forthcoming period as well.Moreover, rising investment in both public and private sectors and a surge in number of surgeries performed are fueling the demand for the ostomy care market. Furthermore, the rise in internet usage for online sales of ostomy products is expected to drive the market in the coming years.

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Based on the products, the ostomy care market is segmented into ostomy bags and ostomy accessories. The ostomy bags segment accounted for a significant market share. It is estimated that it will grow rapidly during the projected timeframe owing to an upsurge of temporary as well as permanent stoma surgeries among people suffering from Inflammatory Bowel Disease, and small and large intestine cancer.

Based on the application, the market is fragmented into colostomy, ileostomy, and urostomy. The colostomy segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period. The elderly population and the high frequency of colon cancer are the major factors driving the segment.

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For a better understanding of the market adoption of ostomy care market, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Europe constitutes a major market for the ostomy care industry owing to an increased number of stoma patients due to Crohn’s disease and ulcerative colitis or Inflammatory Bowel Disease.

 Some of the major players operating in the market include Coloplast, B. Braun Melsungen AG, Hollister Incorporated, ConvaTec Inc., Salts Healthcare, Marlen Manufacturing, Flexicare Medical Limited, 3M, Smith & Nephew, Welland Medical Limited.

Global Ostomy Care Market Segmentation

Market Insight, by Products

• Ostomy Bags     
  • One-piece Bag
  • Two-piece Bag
• Ostomy Accessories       
  • Stoma Rings
  • Ostomy Flanges
  • Flange Extenders
  • Barriers
  • Others

Market Insight, by Application

• Colostomy
• Ileostomy
• Urostomy

Market Insight, by End-Users

• Homecare Settings
• Hospitals
• Others

Market Insight, by Region

• North America
  • United States
  • Canada
  • Rest of North America
• Europe
  • France
  • Germany
  • Italy
  • Spain
  • United Kingdom
  • Rest of Europe
• Asia-Pacific
  • China
  • India
  • Australia
  • Japan
  • Rest of Asia-Pacific
• Rest of the World

Top Company Profiles

• Coloplast
• B. Braun Melsungen AG
• Hollister Incorporated
• ConvaTec Inc.
• Salts Healthcare
• Marlen Manufacturing
• Flexicare Medical Limited
• 3M
• Smith & Nephew
• Welland Medical Limited