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Demand for Stoma Care is Expected to Witness Tremendous Growth

Stoma care refers to the management of a surgically created opening on the abdomen that allows waste to pass out of the body. The demand for stoma care products and services is driven by the increasing prevalence of chronic diseases such as cancer, inflammatory bowel disease, and gastrointestinal disorders that require surgical interventions resulting in the creation of stomas. The global stoma care market was valued at $2,674 million in 2017 and is projected to reach $4,108 million by 2025, growing at a CAGR of 5.4% from 2018 to 2025. This growth is attributed to factors such as the increasing prevalence of bowel diseases, an aging population, and the availability of advanced stoma care products.

The stoma care market includes various products such as ostomy bags, accessories, and skin barriers, as well as services such as stoma care education, counseling, and support. The market is also supported by technological advancements such as the development of hydrocolloid-based ostomy bags that offer better adhesion and longer wear time, and the use of telemedicine for remote stoma care management.

Moreover, there is an increasing awareness of the importance of proper stoma care management among patients, healthcare professionals, and caregivers, which is driving the demand for stoma care products and services. Overall, the stoma care market is expected to continue to grow in the coming years due to the increasing incidence of chronic diseases and the availability of advanced stoma care products and services.

Get a free sample PDF of this research report to get more insights through table of contents, research methodology and graphs – https://www.factmr.com/connectus/sample?flag=S&rep_id=4062

Key Findings of the Ostomy Care Market Study:

  • The report provides a current market outlook on Ostomy Care. Additionally, Ostomy Care market share is expected to grow at a CAGR of 5% during the forecast period.
  • Regional analysis of the Ostomy Care market based on predefined taxonomies.
  • It details the innovative manufacturing process implemented by the Ostomy Care supplier.
  • Regional and country-by-country segmentation of the stoma care market to identify revenue and growth prospects in this segment.
  • Changing consumer preferences in different regions and countries.
  • Factors influencing (both positive and negative) the growth of the global Ostomy Care market.
  • Ostomy Care Pricing, Market Share and Trend Forecast for Assessment Period 2021-2031

competitive landscape

The Ostomy Care industry is dominated by some prominent players such as:

  • Coloplast A/S
  • Hollister Corporation
  • ConvaTec Group PLC.
  • B. Brown
  • R-care Co., Ltd.
  • hopeless
  • Marlen manufacturing and development company
  • Welland Medical Limited
  • Baohe stoma management
  • Flexicare Medical Limited

Competition in this segment is driven by key parameters such as product pricing, target customer base, and strategic marketing. Key players in the market have focused on Ostomy Care market innovation by investing more in research and development. Additionally, industry players are focusing on extensive use of online distribution channels to improve cost efficiency. Sustainability of the supply chain is a decisive factor for the Ostomy Care brand, influencing the company’s margin returns.

Main sectors covered

·         Product

    • stoma pouch
      • one piece pouch
      • two-piece pouch
    • stoma accessories
      • Ostomy Belt and Tape
      • Ostomy skin protection and skin barrier accessories
      • Ostomy Irrigation Set
      • stoma convex implant
      • stoma matrix cap

·         Ostomy type

    • colostomy
    • ileostomy
    • yoru

·         End user

    • Ostomy management in a home care setting
    • Ostomy management in hospital
    • Stoma management in an ambulatory surgical center
    • Stoma care in specialized clinics

·         Indications

    • Ostomy Management for Cancer
    • Stoma management for inflammatory bowel disease
    • Stoma management for intestinal obstruction
    • Stoma management for fecal incontinence
    • Stoma management for trauma and infection

How is this study different from other studies?

  • COVID-Impact Analysis- The report includes details on the impact of the pandemic on the Ostomy Care market, including insights into the pre-COVID-19 situation. Additionally, the report is helpful in terms of post-COVID-19 recovery prospects, changing consumer needs, and purchasing patterns that are important to stoma care companies.
  • Industry Trend Analysis – Covers recent trends in the field of ostomy management augmented by changes in applicable technologies and industrial processes. A range of digital and industrial technologies are discussed to help client companies understand the benefits and risks involved in light of market trends.
  • Ostomy Care Sustainability Indicators – The growing concern about environmentally friendly production and consumption is the next step in this study as this study focuses on new ways to ensure sustainability. These insights include climate-friendly initiatives adopted by some players in the industry. It also evaluates the details of a manufacturer’s impact on its carbon footprint, making clients aware of their contribution to the Sustainable Development Goals.

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