Report Ocean presents a comprehensive research report on Ostomy Care and Accessories, analyzing markets in 150+ countries. With access to 1,00000+ annual reports, subject matter experts ensure accuracy. Methods like S.W.O.T., P.E.S.T.E.L., and regression analysis forecast growth. The report covers regulations, research tech, innovation, and future trends in Ostomy Care and Accessories.
The global ostomy care and accessories market size was US$ 3.1 billion in 2021. The global ostomy care and accessories market is projected to grow to US$ 4.1 billion by 2030 by registering a compound annual growth rate (CAGR) of 5.5% during the study period from 2022 to 2030.
Request To Download Sample of This Strategic Report @https://reportocean.com/industry-verticals/sample-request?report_id=bwcc1172
A stoma, or artificial abdominal opening made through surgery to remove wastes, is referred to as an ostomy. By surgically rerouting a section of the intestine through a hole (stoma), the patient is able to evacuate bodily wastes such as urine, mucus, etc. These wastes are collected using ostomy drainage bags or pouches.
Factors Influencing the Market
The primary factor driving the scope of the ostomy care & accessories market is the rapidly rising rate of elderly individuals, which are extremely susceptible to gastrointestinal diseases. Further, the growing cases of inflammatory bowel diseases (IBDs), like Crohns disease & ulcerative colitis, combined with the rising cases of bladder cancer, colorectal cancer, diverticulosis, & diverticulitis, etc., will contribute to the market growth.
Growing technological advancements in ostomy products are expected to play a significant role in the industry’s growth. The demand for efficient, skin-friendly, durable, reusable, waterproof, and economical bags is growing rapidly. Further, ostomy accessories, including powder, sprays, wipes, powder, etc., play a huge role, which is projected to drive the market forward during the study period.
However, unfavorable reimbursement scenarios and the growing terror of post-surgery infection may limit the growth of the market during the analysis period.
Regional Analysis
In 2021, North America was in a dominant position, and it would remain in that position throughout the analysis period. Europe also held a significant market share and is expected to have a notable contribution in the coming years. It is owing to the rising geriatric population, rising prevalence of inflammatory bowel diseases, and the development of innovative ostomy products. Further, the sizable patient population and an increase in disposable incomes will escalate the market growth during the analysis period.
COVID-19 Impact Analysis
Due to the COVID-19 pandemic, the demand for ostomy care and accessories reduced dramatically as hospital visits declined. Most of the healthcare bodies like hospitals and clinics, were occupied by the COVID-19-affected patients, which, in turn, hampered the growth of the ostomy care and accessories market. The demand for ostomy care and accessories fell notably. Apart from that, manufacturing facilities also witnessed challenges like the unavailability of raw materials and workforce, which, in turn, hampered the growth of the ostomy care and accessories market.
Download Sample Report, SPECIAL OFFER (Avail an Up-to 30% discount on this report ) @https://reportocean.com/industry-verticals/sample-request?report_id=bwcc1172
Competitors in the Market
3M Company
Alcare Co., Ltd.
B. Braun Melsungen AG
Clinimed Group (Welland Medical Limited)
Coloplast A/S
Cymed Micro Skin
Hollister Incorporated
ConvaTec, Inc.
Nu-Hope Laboratories, Inc.
Schweitzer-Mauduit International, Inc. (Scapa Healthcare)
Smith and Nephew Plc.
Torbot Group Inc.
Other Prominent Players
Market Segmentation
The global ostomy care and accessories market segmentation focus on Product, Application, End User, and Region.
By Product
Stoma Rings
Ostomy Flanges
Flange Extenders
Barriers
Others
By Application
Ileostomy
Urostomy
Colostomy
By End User
Hospitals and Clinics
Ambulatory Surgical Centers
Home Care Settings
Get The Insights You Need By Customizing Your Report To Fit Your Unique Needs And Goals:https://reportocean.com/industry-verticals/sample-request?report_id=bwcc1172
By Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
FAQs:
What’s the industry’s market size and growth rate?
Who are the key market players?
What drives market growth?
What challenges do participants face?
Are there regulatory impacts?
Any emerging trends or opportunities?
How’s the market segmented?
What are pricing trends?
How’s the industry’s competitive landscape?
What’s consumer behavior?
Any regional variations?
Projected market forecasts?
Investment opportunities?
How to overcome challenges?
Strategies for entry/expansion?
Access Full Report Description, TOC, Table of Figure, Chart, etc.-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc1172
About Report Ocean:
Report Ocean is a renowned provider of high-quality market research reports, assisting clients in achieving their objectives and enhancing market share in competitive environments. Their reports offer valuable insights to individuals, organizations, and industries seeking comprehensive market intelligence.
Contact Information:
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, United States
Telephone: +1 888 212 3539 (US – Toll-Free)
Website: https://www.reportocean.com/