Stoma or Ostomy Care Market Research Report: Information by Type (Two-Piece Systems and One-Piece Systems), by Facility of Use (Homecare and Hospitals & Ambulatory Surgical Centers) and by Region (Americas, Europe, Asia-Pacific, Middle East & Africa) - Forecast till 2027
ID: MRFR/HC/6720-CR | August 2019 | Region: Global | 90 Pages
1 Executive Summary
2 Market Introduction
2.1 Scope Of The Study 13
2.2 Research Objective 13
2.3 List Of Assumptions 14
3 Research Methodology
3.1 Primary Research 16
3.2 Secondary Research 17
3.3 Market Size Estimation 18
4 Market Dynamics
4.1 Introduction 19
4.2 Drivers 20
4.2.1 Increasing Prevalence Of Inflammatory Bowel Disease (IBD) 20
4.2.2 Rising Prevalence Of Colorectal Cancer 20
4.2.3 Increasing Awareness About Ostomy/Stoma Care And Availability Of Accessories In The Market 20
4.2.4 Stable Reimbursement Policies 21
4.3 Restraints 21
4.3.1 Post-Operative Complications 21
4.3.2 Negative Psychological And Emotional Impacts Of Having Ostomy/Stoma 21
4.3.3 Risks Associated With Ostomy Surgery 21
4.4 Opportunities 22
4.4.1 Increasing Technological Development In Ostomy Market 22
5 Market Factor Analysis
5.1 Overview 23
5.1.1 Raw Material 23
5.1.2 Supplier 23
5.1.3 Manufacturer 24
5.1.4 Distributer 24
5.1.5 Customer-Retailer 24
5.1.6 Consumer 24
5.2 Porter’s Five Forces Model 25
5.2.1 Overview 25
5.2.2 Bargaining Power Of Suppliers 26
5.2.3 Bargaining Power Of Buyers 26
5.2.4 Threat Of New Entrants 26
5.2.5 Threat Of Substitutes 26
5.2.6 Intensity Of Rivalry 26
6 Stoma Or Ostomy Care Market, By Type
6.1 Introduction 27
6.2 Two-Piece Systems 28
6.3 One-Piece Systems 29
7 Stoma Or Ostomy Care Market, By Facility Of Use
7.1 Introduction 30
7.2 Homecare 31
7.3 Hospitals And Ambulatory Surgical Centers 32
8 Global Stoma Or Ostomy Care Market, By Region
8.1 Introduction 33
8.2 Americas 35
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.2.1 North America 36
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.2.1.1 US 38
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.2.1.1 Canada 39
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.2.2 South America 40
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.3 Europe 41
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.3.1 Western Europe 42
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.3.1.1 Germany 44
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.3.1.2 UK 45
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.3.1.3 France 46
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.3.1.4 Italy 47
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.3.1.5 Spain 48
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.3.1.6 Rest Of Western Europe 49
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.3.2 Eastern Europe 50
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.4 Asia-Pacific 51
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.4.1 Japan 53
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.4.2 China 54
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.4.3 India 55
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.4.4 Australia 56
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.4.5 South Korea 57
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.4.6 Rest Of Asia-Pacific 58
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.5 Middle East & Africa 59
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.5.1 Middle East 60
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
8.5.2 Africa 61
Stoma Or Ostomy Care Market, By Type
Stoma Or Ostomy Care Market, By Facility Of Use
9 Competitive Landscape
9.1 Introduction 63
10 Company Profiles
10.1 Coloplast Corp. 65
10.1.1 Company Overview 65
10.1.2 Financial Overview 65
10.1.3 Products/Services Offered 66
10.1.4 Key Developments 69
10.1.5 SWOT Analysis 69
10.1.6 Key Strategies 69
10.2 ConvaTec Inc. 70
10.2.1 Company Overview 70
10.2.2 Financial Overview 70
10.2.3 Products/Services Offered 71
10.2.4 Key Developments 71
10.2.5 SWOT Analysis 72
10.2.6 Key Strategies 72
10.3 3M 73
10.3.1 Company Overview 73
10.3.2 Financial Overview 73
10.3.3 Products/Services Offered 74
10.3.4 Key Developments 74
10.3.5 SWOT Analysis 74
10.3.6 Key Strategies 74
10.4 Smith & Nephew 75
10.4.1 Company Overview 75
10.4.2 Financial Overview 75
10.4.3 Products/Services Offered 76
10.4.4 Key Developments 76
10.4.5 SWOT Analysis 76
10.4.6 Key Strategies 76
10.5 B. Braun Melsungen AG 77
10.5.1 Company Overview 77
10.5.2 Financial Overview 77
10.5.3 Products/Services Offered 78
10.5.4 Key Developments 78
10.5.5 SWOT Analysis 78
10.5.6 Key Strategies 78
10.6 Hollister Incorporated 79
10.6.1 Company Overview 79
10.6.2 Financial Overview 79
10.6.3 Products/Services Offered 79
10.6.4 Key Developments 79
10.6.5 SWOT Analysis 80
10.6.6 Key Strategies 80
10.7 Flexicare Medical Limited 81
10.7.1 Company Overview 81
10.7.2 Financial Overview 81
10.7.3 Products/Services Offered 81
10.7.4 Key Developments 81
10.7.5 SWOT Analysis 82
10.7.6 Key Strategies 82
10.8 Welland Medical Limited 83
10.8.1 Company Overview 83
10.8.2 Financial Overview 83
10.8.3 Products/Services Offered 83
10.8.4 Key Developments 83
10.8.5 SWOT Analysis 84
10.8.6 Key Strategies 84
10.9 Marlen Manufacturing & Development Co. 85
10.9.1 Company Overview 85
10.9.2 Financial Overview 85
10.9.3 Products/Services Offered 85
10.9.4 Key Developments 85
10.9.5 SWOT Analysis 86
10.9.6 Key Strategies 86
10.10 Tytex A/S 87
10.10.1 Company Overview 87
10.10.2 Financial Overview 87
10.10.3 Products/Services Offered 87
10.10.4 Key Developments 87
10.10.5 SWOT Analysis 88
10.10.6 Key Strategies 88
11 Appendix
11.1 References 89
11.2 Related Reports 89
12 List Of Tables
TABLE 1 LIST OF ASSUMPTIONS 14
TABLE 2 PRIMARY INTERVIEWS 16
TABLE 3 GLOBAL STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 27
TABLE 4 GLOBAL STOMA OR OSTOMY CARE MARKET, FOR REGION, BY TWO-PIECE SYSTEMS, 2020-2027 (USD MILLION) 28
TABLE 5 GLOBAL STOMA OR OSTOMY CARE MARKET, FOR REGION, BY ONE-PIECE SYSTEMS, 2020-2027 (USD MILLION) 29
TABLE 6 GLOBAL STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 30
TABLE 7 GLOBAL STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020 & 2027 (USD MILLION) 31
TABLE 8 GLOBAL STOMA OR OSTOMY CARE MARKET, FOR REGION, BY HOMECARE, 2020-2027 (USD MILLION) 31
TABLE 9 GLOBAL STOMA OR OSTOMY CARE MARKET, FOR REGION, BY HOSPITALS & AMBULATORY SURGICAL CENTERS, 2020-2027 (USD MILLION) 32
TABLE 10 GLOBAL STOMA OR OSTOMY CARE MARKET, BY REGION, 2020–2027 (USD MILLION) 34
TABLE 11 AMERICAS: STOMA OR OSTOMY CARE MARKET, BY REGION, 2020–2027 (USD MILLION) 35
TABLE 12 AMERICAS: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 35
TABLE 13 AMERICAS: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 36
TABLE 14 NORTH AMERICA: STOMA OR OSTOMY CARE MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 36
TABLE 15 NORTH AMERICA: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 37
TABLE 16 NORTH AMERICA: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 37
TABLE 17 US: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 38
TABLE 18 US: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 38
TABLE 19 CANADA: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 39
TABLE 20 CANADA: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 39
TABLE 21 SOUTH AMERICA: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 40
TABLE 22 SOUTH AMERICA: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 40
TABLE 23 EUROPE: STOMA OR OSTOMY CARE MARKET, BY REGION, 2020–2027 (USD MILLION) 41
TABLE 24 EUROPE: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 41
TABLE 25 EUROPE: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 42
TABLE 26 WESTREN EUROPE: STOMA OR OSTOMY CARE MARKET, BY REGION, 2020–2027 (USD MILLION) 42
TABLE 27 WESTREN EUROPE: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 43
TABLE 28 WESTREN EUROPE: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 43
TABLE 29 GERMANY STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 44
TABLE 30 GERMANY : STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 44
TABLE 31 UK: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 45
TABLE 32 UK: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 45
TABLE 33 FRANCE: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 46
TABLE 34 FRANCE: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 46
TABLE 35 ITALY: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 47
TABLE 36 ITALY: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 47
TABLE 37 SPAIN: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 48
TABLE 38 SPAIN: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 48
TABLE 39 REST OF WESTERN EUROPE: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 49
TABLE 40 REST OF WESTERN EUROPE: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 49
TABLE 41 EASTERN EUROPE: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 50
TABLE 42 EASTERN EUROPE: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 50
TABLE 43 ASIA-PACIFIC: STOMA OR OSTOMY CARE MARKET, BY REGION, 2020–2027 (USD MILLION) 51
TABLE 44 ASIA-PACIFIC: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 52
TABLE 45 ASIA-PACIFIC: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 52
TABLE 46 JAPAN: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 53
TABLE 47 JAPAN: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 53
TABLE 48 CHINA: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 54
TABLE 49 CHINA: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 54
TABLE 50 INDIA: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 55
TABLE 51 INDIA: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 55
TABLE 52 AUSTRALIA: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 56
TABLE 53 AUSTRALIA: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 56
TABLE 54 SOUTH KOREA: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 57
TABLE 55 SOUTH KOREA: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 57
TABLE 56 REST OF ASIA-PACIFIC: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 58
TABLE 57 REST OF ASIA-PACIFIC: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 58
TABLE 58 MIDDLE EAST & AFRICA: STOMA OR OSTOMY CARE MARKET, BY REGION, 2020–2027 (USD MILLION) 59
TABLE 59 MIDDLE EAST & AFRICA: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 59
TABLE 60 MIDDLE EAST & AFRICA: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 60
TABLE 61 MIDDLE EAST: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 60
TABLE 62 MIDDLE EAST: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 61
TABLE 63 AFRICA: STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020–2027 (USD MILLION) 61
TABLE 64 AFRICA: STOMA OR OSTOMY CARE MARKET, BY FACILITY OF USE, 2020–2027 (USD MILLION) 62
13 List Of Figures
FIGURE 1 MARKET SYNOPSIS 12
FIGURE 2 GLOBAL STOMA OR OSTOMY CARE MARKET: STRUCTURE 14
FIGURE 3 RESEARCH PROCESS 15
FIGURE 4 TOP-DOWN AND BOTTOM-UP APPROACHES 18
FIGURE 5 SUPPLY CHAIN: GLOBAL STOMA OR OSTOMY CARE MARKET 23
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS: GLOBAL STOMA OR OSTOMY CARE MARKET 25
FIGURE 7 GLOBAL STOMA OR OSTOMY CARE MARKET, BY TYPE, 2020 & 2027 (USD MILLION) 28
FIGURE 8 GLOBAL STOMA OR OSTOMY CARE MARKET SHARE, BY REGION, 2020 (%)) 34
FIGURE 9 AMERICAS: STOMA OR OSTOMY CARE MARKET SHARE, BY REGION, 2020 (%)) 35
FIGURE 10 NORTH AMERICA: STOMA OR OSTOMY CARE MARKET SHARE, BY COUNTRY, 2020 (%)) 36
FIGURE 11 EUROPE: STOMA OR OSTOMY CARE MARKET SHARE, BY REGION, 2020 (%)) 41
FIGURE 12 WESTREN EUROPE: STOMA OR OSTOMY CARE MARKET SHARE, BY REGION, 2020 (%)) 43
FIGURE 13 ASIA-PACIFIC: STOMA OR OSTOMY CARE MARKET SHARE, BY REGION, 2020 (%)) 51
FIGURE 14 MIDDLE EAST & AFRICA: STOMA OR OSTOMY CARE MARKET SHARE, BY REGION, 2020 (%)) 59
FIGURE 15 MAJOR MANUFACTURERS IN THE GLOBAL STOMA OR OSTOMY CARE MARKET 2020 (%) 64
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Stoma or Ostomy Care Market Overview
According to the reports, the stoma or ostomy care market is anticipated to reach USD 1,210.9 million with a growth rate of CAGR of 7.2%, by the end of 2024. The stoma is an artificial opening that allows farces to pass from the urinary tract or from the intestine. It is created with the help of the surgery tools at the lower part of the abdomen to release the waste linked with the digestive system. The different segments of ostomy include colostomy, urostomy, and ileostomy. These surgeries are performed over the patients according to the demand of the disease. The ostomy surgeries are performed on the patients who are suffering from inflammatory bowel diseases (IBD) which includes ulcerative colitis or Crohn’s disease, infection, malfunctioning or blockage of the intestine or urinary tract, intestinal cancer, and any damages in the specific part due to accident. The ostomy surgery allows the patients to discharge the biological waste through the small or large intestine, the end opening of the intestine is brought to the skin surface through the surgical process, where an external accessory like a pouch or bag is placed outside of the body. Near about 1.6 million people are suffering from inflammatory bowler disease in the United States and according to the reports currently in the US, 97,220 cases of colon cancer and about 26,240 cases of stomach cancer, which are continuously increasing the demand for stoma or ostomy which is therefore stimulating the growth of the market. There is a number of factors, boosting the growth of the stoma or ostomy care market which include, the advancement of the ostomy products, the contribution of the manufacturing companies in the advanced technologies, ease the usage of the products, will drive the market growth. Ostomy products provide control over the pH, which prevents skin infection, is likely to boost the market growth. This report contains all the information on the stoma or ostomy care market and the market strengths. The report also contains the culmination of dynamics, segmentation, key players, regional analysis, and other important factors. And a detailed analysis of the stoma or ostomy and forecast to 2024 is also included in the report.
Covid 19 Analysis Of Stoma or Ostomy Care Market
On the flip side, the outbreak of covid 19 pandemics, the global market of stoma or ostomy market size fluctuates, from import, flexibly chain, future impact on the business and to the strategies of fare control provincial government. Improvement patterns of the industry (2021-2025), macroeconomic approaches and modern traditional format attributes, and the mechanical arrangement has been incorporated. According to the reports, the global market of stoma or ostomy care market will rise because of the covid 19 outbreak and it will provide a moderate growth rate during the forecast period 2020 to 2028. Considering the covid 19 facts, this report is a thorough investigation about how the pandemic whipped the industry from top to bottom.
Market Dynamic
- Drivers
The increasing generality of inflammatory bowel disease (IBD), awareness about ostomy/stoma care among the people, colorectal cancer and the availability of the equipment used for the treatment in the market, and the fixed reimbursement policies of the private and government organizations are the major factors driving the growth of the stoma or ostomy care market.
On the other hand, the risk involves with the surgery, complications of the post-hospital care, the pessimistic emotional and psychological impacts of having stoma or ostomy are predicted to hamper the growth of the stoma or ostomy care market report.
- Opportunities
The growing awareness among the patients through education programs regarding the usage of the ostomy product is the most essential factor to shoot up the growth of the market, the developing countries are able to raise the reimbursement systems, it can be considered as a second major factor. Apart from this, the increasing geriatric populations which ultimately give rise to the number of patients who are suffering from defective bladder and colorectal cancer, rising ostomy surgeries of the bowel, are the other major factors for the stoma or ostomy care market growth.
With the rising online sales of ostomy products with the help of the internet, the emerging markets are creating growth opportunities, and medical tourism in the Asian countries is expected to create new opportunities for the stoma/ostomy care market in the forecast period 2021-2028. According to the ostomy life study from the demographic data of the Coloplast ostomy in 2016, there are about 53% female and 47% male patients have regular peristomal body profile.
- Restraints
The weak economic condition of the developing countries, lack of indemnification for the ostomy care bags, a postoperative complication of the surgery, high risks linked with ostomy surgeries, unfavorable psychological and emotional impact of the ostomy or stoma are predicted to hinder the growth of the stoma or ostomy care market.
- Challenges
The availability of substitutes in the market and the lack of awareness among the people are the major hurdles in the growth of the market.
- Cumulative Growth Analysis
The rising of inflammatory bowel diseases is predicted to fuel the growth of the global stoma or ostomy care market. The global stoma or ostomy market size for the ostomy or stoma care market is predicted to grow at a CAGR of 4.21% between 2020 to 2024.
- Value Chain Analysis
On the basis of the system, the stoma or ostomy care market is segmented into a one-piece system, two-piece system, and skin barriers. The two-piece system segments considered for the high market shares of about 55.6% in the year 2018. Two-piece systems are very easy to operate, long-lasting and it is very suitable for changing the bag from the stoma, without detaching the skin barrier. On the other hand, the one-piece segment was the second-largest shareholder in the global stoma or ostomy care market in the year 2018, as compared to the two-piece ostomy system one-piece ostomy system is more frugal.
Stoma or Ostomy Care Market Segmentation Overview
- By Application
On the basis of the application or usability, the stoma or ostomy market is segmented into closed-end bags, drainable bags, and others. On the basis of the application or usability, the stoma or ostomy market is segmented into closed-end bags, drainable bags, and others.
- By End-Users
On the basis of the end-user, the stoma or ostomy market is segmented into hospitals, home care, clinics, and ambulatory surgical centers.
Stoma or Ostomy Care Market Regional Analysis
The Americas were the largest shareholders, holding shares of 42.8% in the year 2017. On The basis of the region, United States accounted for the largest shares of the market and it is the leading market in the region, holding shares of 86.4% in the year 2017. The further growth of the market is predicted to reach new heights because of the growing numbers of stoma or ostomy surgical procedures in the US. According to the America Cancer Society, 101,420 new colon cancer cases and 44,180 new rectal cancer cases are likely to propel the growth of the market in the year 2019. During the forecast period, Asia Pacific is predicted to register a CAGR of 7.6%. The European stoma or ostomy market is predicted to register the largest share in the market after the Americas, a market share of 38.1% in the year 2017. The advancement of the technologies, rising incidence of the congenital disabilities and bladder cancer, are the major factor for the growth of the market in these regions. Germany holds a share of 27.1% in the year 2017 and followed by the UK. The lowest market share comes under the Middle East and Africa, the rising awareness among people, and the availability of the products will upgrade the growth of the market during the forecast period.
Stoma or Ostomy Care Market Competitive landscape
The competitive landscape provides a detailed study of the competitors in the global stoma or ostomy care market. Details of the companies include revenue generated, market potential, company overview, global presence, investment in development and research, company financials, production facilities and sites, company strengths and weakness, production capacities, product width and breadth, product launch, and application dominance.
Major Key players
- Coloplast Corp. (Denmark)
- ConvaTec Inc. (UK)
- 3M (North Carolina)
- Smith & Nephew (UK)
- Braun Melsungen AG (Germany)
- Hollister Incorporated (US)
- Flexicare Medical Limited (UK)
- Welland Medical Limited (West Sussex)
- Marlen Manufacturing & Development Co. (Ohio)
- Tytex A/S (Denmark).
Report Overview
The following report comprises of –
- Market overview
- Covid 19 Analysis
- Market Dynamic
- Drivers
- Opportunities
- Restraints
- Challenges
- Cumulative Growth Analysis
- Value Chain Analysis
- Segmentation Overview
- By Application
- By End-Users
- Regional Analysis
- Competitive landscape
Recent Developments
- In 2019, Coloplast A/S (Denmark) launched SenSura Mio Baby and SenSura Mio Kids products.
- In 2018, Coloplast A/S (Denmark) enlarged its SenSura Mio ostomy product line through the launch of SenSura Mio Concave. The product is easily available in Japan, the UK, Germany, Denmark, Italy, the Netherlands, and Finland
Global Stoma or Ostomy Care Market, on the basis of type
- Two-Piece Systems
- One-Piece Systems
Global Stoma or Ostomy Care Market, on the basis of usage
- Homecare
- Hospitals & Ambulatory Surgical Centres
Global Stoma or Ostomy Care Market, on the basis of region
Americas
- North America
- South America
Europe
- German
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
Middle East & Africa
- Middle East
- Africa
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | 2024: USD 1,210.9 Million |
| CAGR | 2018-2024: 7.2% |
| Base Year | 2018 |
| Forecast Period | 2027 |
| Historical Data | 2017 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Surgery, Colostomy, Ileostomy and Urostomy |
| Geographies Covered |
|
| Key Vendors | Coloplast Corp. (Denmark), ConvaTec Inc. (UK), 3M (North Carolina), Smith & Nephew (UK), B. Braun Melsungen AG (Germany), Hollister Incorporated (US), Flexicare Medical Limited (UK), Welland Medical Limited (West Sussex), Marlen Manufacturing & Development Co. (Ohio), Tytex A/S (Denmark) |
| Key Market Opportunities | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Key Market Drivers |
|
Frequently Asked Questions (FAQ) :
The stoma or ostomy care market is expected to grow at a 7.2% CAGR between 2016 to 2024.
