[email protected]   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)
Certified Global Research Member
Isomar 1 Iso 1
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Stoma Ostomy Care Market Share

ID: MRFR//6720-CR | 90 Pages | Author: Kinjoll Dey| August 2019

Introduction: Navigating the Competitive Landscape of Stoma and Ostomy Care

The ostomy care market is experiencing unprecedented growth, driven by the rapid adoption of technology, the evolving regulatory framework, and the increasing demand for individualized care solutions. Consequently, many players—including the large medical device manufacturers, IT service providers, and new and innovative start-ups—are vying for market leadership by deploying advanced technology, such as machine learning and IoT-enabled devices. These technology-driven differentiators not only enhance the efficacy of products but also improve patient outcomes, thereby influencing the market share dynamics. Meanwhile, the emergence of green building initiatives is reshaping the strategies of many companies and helping them align with the consumers’ demand for sustainable products. As we look ahead to 2024–2025, the regional growth opportunities are likely to be highest in emerging economies, where strategic deployment of specialized solutions can help companies capitalize on the unmet needs and gain a competitive advantage. And the market’s complexity will continue to grow.

Competitive Positioning

Full-Suite Integrators

These vendors offer comprehensive solutions encompassing a wide range of ostomy care products and services.

VendorCompetitive EdgeSolution FocusRegional Focus
Convatec Broad product portfolio and innovation Ostomy care products Global
Hollister Strong focus on patient-centered solutions Ostomy care and accessories North America, Europe
Coloplast Emphasis on user-friendly designs Ostomy and continence care Global

Specialized Technology Vendors

These vendors focus on innovative technologies and specialized products for ostomy care.

VendorCompetitive EdgeSolution FocusRegional Focus
KCI Medical Advanced wound care technologies Wound care and ostomy solutions North America, Europe
Thermo Fisher Scientific Cutting-edge scientific solutions Laboratory and diagnostic products Global
3M Innovative adhesive technologies Medical and ostomy products Global

Infrastructure & Equipment Providers

These vendors provide essential equipment and support services for ostomy care.

VendorCompetitive EdgeSolution FocusRegional Focus
Ascent Care Comprehensive care management solutions Home health and ostomy care North America
Acelity Focus on advanced wound care Wound care and ostomy products Global
Braun High-quality medical devices Ostomy and surgical products Global
Smith and Nephew Innovative wound management solutions Wound and ostomy care Global
Dignity Health Patient-focused healthcare services Healthcare and ostomy support North America
MediSense Personalized patient care solutions Ostomy care and management North America
Ostomy Home Direct-to-consumer model Ostomy supplies and education North America

Emerging Players & Regional Champions

  • Coloplast (Denmark): Coloplast is a Danish company that specializes in ostomy care products, such as skin-friendly adhesives and advanced bag systems. It recently secured a contract with a major hospital chain in Europe to supply its new generation of ostomy bags, which offer improved comfort and discretion over the competition from Hollister and others.
  • Hollister Inc. (US): known for its comprehensive range of ostomy care products, such as barriers and pouches. Recently launched a range of products designed for children, which complements the range of products and makes it a leader in this niche market.
  • B. Braun Melsungen AG (Germany): The company offers a wide range of ostomy products, focusing on sustainable production and on the use of eco-friendly materials. They are currently working with several European hospitals to test and implement new ostomy bags made from biodegradable materials that challenge the established plastic products from other suppliers.
  • ConvaTec (UK) specializes in advanced wound and ostomy care products, and has recently focused on digital health solutions that track patient outcomes. Their collaboration with telehealth platforms enhances their product offering and challenges the traditional care model.
  • Welland Medical (UK): A niche player that specializes in ostomy products for a specific patient population, such as those with complex stomas. Its recent expansion into the Asian market has positioned it as a regional champion, complementing the larger players by focusing on personal care.

Regional Trends: In 2023, the trend is towards more individualised and eco-friendly ostomy care solutions, which are used more and more in Europe and North America. Also the integration of digital health technology is growing, as this enables better patient monitoring and outcomes. Emerging companies are focusing on niche markets and sustainability, and they are putting pressure on established suppliers by launching products that are more patient-friendly and -friendly.

Collaborations & M&A Movements

  • Coloplast and Hollister Incorporated entered into a partnership to co-develop innovative ostomy care products aimed at improving patient comfort and quality of life, enhancing their competitive positioning in the market.
  • ConvaTec acquired the ostomy care division of a smaller competitor to expand its product portfolio and increase market share in the growing stoma care segment, responding to rising demand for advanced ostomy solutions.
  • B. Braun Melsungen AG and Medtronic formed a collaboration to integrate digital health technologies into ostomy care management, aiming to leverage their combined expertise to improve patient outcomes and strengthen their market presence.

Competitive Summary Table

CapabilityLeading PlayersRemarks
Product Innovation Coloplast, Hollister, Convatec Coloplast has introduced the SenSura Mio line, which has a special elastic adhesive that follows the body's movements and thus increases comfort and security. Hollister's New Image system is a flexible and individual pouching system, which provides a better fit and greater satisfaction. Convatec's new skin-friendly adhesives have been shown to reduce skin irritation and improve the overall health status of patients.
Patient Education and Support B. Braun, Smith & Nephew B. Braun offers comprehensive patient education and support programs, including a comprehensive education and support program and an online patient support program. Smith & Nephew has developed a mobile app that offers individualized tips and reminders that improve patient engagement and adherence to care plans.
Sustainability Initiatives Coloplast, Convatec Coloplast has committed itself to reducing plastic waste by introducing a recyclable package for its products. Convatec has introduced a programme of sustainable development with the aim of reducing the impact of its products and manufacturing on the environment. This has been well received by consumers who are concerned about the environment.
Digital Health Integration Hollister, Convatec Hollister’s collaboration with digital health platforms allows for remote monitoring of patients’ conditions, which improves the care they receive. ConvaTec’s digital health solutions include a telehealth platform that connects patients with care givers, enabling timely interventions and improving health outcomes.
Customization and Personalization Smith & Nephew, Hollister Among the ostomy products from Smith & Nephew is the possibility of customizing the products to suit the needs of the individual patient. This has been shown to increase satisfaction. Hollister's MyOstomy app allows the patient to monitor his or her health and adapt the care plan to the individual patient, thus facilitating better management of the disease.

Conclusion: Navigating the Stoma Care Landscape

During the period 2023 to 2023, the ostomy or stoma care market is characterized by a highly fragmented and competitive market structure, with both established and emerging players vying for market share. In the stoma care market, regional trends point to a growing demand for localized, innovative solutions, which will push manufacturers to adopt strategic alliances and localized marketing approaches. The leading companies in this market will continue to leverage their established brand equity and will use advanced tools such as artificial intelligence and automation to enhance their product offerings and customer engagement. However, emerging companies are increasingly focusing on sustainable and flexible business models to cater to the more conscious and environment-conscious consumers. These skills will be essential for companies that want to stay ahead of the game and respond effectively to changing consumer preferences.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation   2023
Forecast Period   2024-2032
Growth Rate   5.52% (2024-2032)
Leading companies partner with us for data-driven Insights
clients
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.