Quadintel published a recovery-based report for Global “Incontinence and Ostomy Care Products Market” that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2030) and develops reliable and approximative timeline estimations up to 2030.
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Global Incontinence and Ostomy Care Products Market is valued approximately USD 14.75 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.1 % over the forecast period 2020-2027.
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Incontinence and ostomy care products are the type of products that are used in medical procedures or surgeries to cure the loss of bladder control and patients who have a problem of involuntary leakage of urine. The major driver for Incontinence and Ostomy Care Products Market is the rising prevalence of urologic disorders in patients which is increasing demand for incontinence and ostomy care products. For instance, according to urologyhealth.org, quarter to a third of men and women in the U.S. suffer from urinary incontinence and according to World Health Organization, the prevalence is twice as high in older women as in older men. The other driver that is expected to boost the market growth is the increase in healthcare expenditure to take curative care of their health by opting for surgeries. For instance, according to ama-assn.org, in 2018, Health spending in the U.S. was increased by 4.6% to $11,172 per capita from $10680.69 in 2017. Further, increasing investments in healthcare and strategic development between hospitals and manufacturers has led the adoption of incontinence and ostomy care products across the forecast period. However, high manufacturing costs and strict regulations related to surgeries impede the growth of the market over the forecast period of 2020-2027. Also, with the increasing number of associated diseases and technological advancements in the surgical products the adoption & demand for incontinence and ostomy care products is likely to increase.
The regional analysis of global Incontinence and Ostomy Care Products market is dominated by Europe among the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to presence of large established players, increase in stoma patients due to Crohns disease, and the well-established healthcare infrastructure. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2020-2027. Factors such as rising disposable income, several nursing centers & medical institutes and people getting more aware about the medical solutions would create lucrative growth prospects for the Incontinence and Ostomy Care Products market across Asia-Pacific region.
Major market player included in this report are:
Coloplast Corp.
Essity (Svenska Cellulosa Aktiebolaget)
KCWW (Kimberly-Clark Corporation)
B. Braun Melsungen AG
Hollister Incorporated
Unicharm Corporation
ConvaTec Group Plc
Welland Medical Ltd.
Domtar Corporation
Salts Healthcare Ltd.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Incontinence Care Products
Ostomy Care Products
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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