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An ostomy, or stoma refers to the surgically created opening between the intestines and the abdominal wall for the discharge of body wastes. Ostomy can be temporary or permanent depending on the functioning of the organ on which it is performed. The most common conditions that require ostomy surgery consists of cancer, trauma, inflammatory bowel disease, fecal incontinence, etc. Different types of ostomy are performed depending on how much and what part of the intestine or bladder is removed colostomy large intestine, ileostomy small intestine or urostomy urinary bladder. In the US itself, there are more than 750,000 people with ostomies.
Growth of global stoma care/ostomy care market is driven by demographics, such as increasing prevalence of colorectal cancer, rising incidence of inflammatory bowel disease IBD, increasing geriatric population, higher awareness level and increasing healthcare expenditure. These factors are expected to provide further impetus to the market even in the forecasted period 201722. Some of the major impediments to global stoma care/ostomy care market includes unstable reimbursement policies, social stigma and increasing pricing pressure of ostomy products and surgery.
The Global Stoma Care/Ostomy Care Market Outlook 2022 report, provides comprehensive market outlook of global stoma care/ostomy care market, focusing on major market subsegments namely, Ostomy Bags and Ostomy Accessories. In the report stoma care/ostomy care market assessment is done across major markets such as Europe, the US and Asia Pacific. Europe is the world's largest stoma care/ostomy care market, whereas, Asia Pacific region is poised to grow at fastest rate during forecasted period. Indepth analysis of the industry in the aforementioned market segments and regions is done on the basis of market value and market share.
Global Stoma Care/Ostomy Care is highly consolidated with four leading market playersColoplast AG, ConvaTec, Inc., C.R. Bard and B. Braun Melsungen, etc. accounting for majority share of the market. These leading market players have been profiled herein based on attributes such as business overview, product segments, financial and business strategies. The report also compiles performance comparison of aforementioned companies and other leading companies in the segment based on various parameters in the competitive landscape section.
In totality, the report provides detailed market analysis, with relevant forecasted data supported by key market dynamics. This information will be helpful in evaluating opportunities in global stoma care/ostomy care market.NEXT ARTICLE
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