Ostomy Care and Accessories Market Size, Share, Growth Report 2032

The global Ostomy Care and Accessories Market accrued earnings worth approximately 3.4 (USD Billion) in 2020 and is predicted to gain revenue of about 4.9 (USD Billion) by 2028, is set to record a CAGR of nearly 5.01% over the period from 2021 to 2028. The report offers assessment and analysis of the Ostomy Care and Accessories Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Ostomy Care and Accessories Market: Overview

There has been increase in number of ostomy carriers, stomata, and stoma. They are referred to as structures connected to hollow-organs post ostomy surgery. Need for ostomy care has arisen from surging population having stoma. Moreover, one of the common ailments that require ostomy surgery is colorectal cancer and this is likely to translate into massive demand for ostomy care and accessories. In addition to this, ostomy care includes utilization of ostomy bags for patients in last or advanced phase of colorectal cancer & inflammatory bowel disorders forced to live in stoma for elongated timespan.

Request Free Sample

Ostomy Care and Accessories Market: Growth Factors

Growing occurrence of colorectal cancer is a key factor driving growth of ostomy care and accessories market. Furthermore, rise in wear period of ostomy in patients with intestinal stomato has enhanced complications in patients, thereby elevating scope of growth of ostomy care and accessories market over ensuing years. Surge in cases of skin cancer is a major factor eliciting ripples of growth in ostomy care and accessories market. Rise in number of ostomy product manufacturers have come out of with new portable tools that can be utilized for cleansing ostomy bags, thereby driving market trends. Launching of new technologies such as mHealth and medical sensor products such as wearable devices has enlarged scope of ostomy care and accessories industry.

Report Scope:

In addition to this, huge occurrence of bladder cancer, technological breakthroughs, and awareness about ostomy care will proliferate size of ostomy care and accessories market over forecasting timeframe. Surge in aging populace prone to suffer from chronic disorders will add substantially towards market revenue in upcoming years.

Regional Landscape

North America To Contribute Majorly Towards Regional Market Size By 2028

Growth of ostomy care and accessories market in North America over forecast timespan is subject to rise in incidence of urinary retention, urinary incontinence, and increase in proportion of elderly population affected due to bladder problems & diverticular disorders. For the record, nearly over 4 lac persons in the U.S. make utilization of stoma and nearly more than 1 lac new ostomy surgeries are performed each year. Reportedly, rise in patients affected due to urological problems in the U.S. will prompt growth of ostomy care and accessories market in North America.

Competitive Landscape

Key players profiled in report and impacting growth of ostomy care and accessories industry are Coloplast A/S, Alcare, Nu-Hope Laboratories, Inc., Welland Medical Limited, BAO-Health Medical Instrument Co. Ltd., Flexicare Medical Ltd., Schena Ostomy Technologies, Inc., The 3M Company, Smith & Nephew Plc, ConvaTec Group plc, B. Braun,  and Hollister Incorporated.

The global Ostomy Care and Accessories Market is segmented as follows:

By Product

• Ostomy Care Bags
• Ostomy Care Accessories

By End-User

• Home Care
• Hospitals
• Ambulatory Surgical Centers

By Application

• Sealing
• Cleansing
• Lubrication
• Drainage

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa