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    Stoma Care Ostomy Care And Accessories Market Report

    Stoma Care Ostomy Care And Accessories Market Report
    Report code - SR1623 Delivery - 2 Weeks
    Stoma Care/ Ostomy Care and Accessories Market Size, Share, Trend, Forecast, & In See more...

    Market Insights

    The Stoma Care/ Ostomy Care and Accessories Market is projected to grow from USD 3.29 billion in 2021 to USD 4.65 billion by 2028 at a CAGR of around 5.05% during the forecast period of 2022-2028.

    Stoma-Care-Ostomy-Care-and-Accessories-Market-Size

    What are stoma care/ ostomy care and accessories?

    Stoma care/ ostomy care and accessories are used to remove the diseased portion of the urinary system or gastrointestinal and creation of an artificial opening in the abdomen for the elimination of waste from the body. The stoma/ostomy body care products include bags, pouch covers, seals, and stoma caps among others.

    Market Drivers

    The growth of the stoma care/ ostomy care and accessories market is primarily driven by the increasing prevalence of urinary system disorders. Expanding geriatric populace and rising consumer awareness regarding ostomy care are likely to bolster the growth of the stoma care/ ostomy care and accessories market at a significant rate during the review period. In addition to this, the growing demand for advanced stoma care/ ostomy care products and accessories is likely to create lucrative opportunities for the players operating in the global market in the coming years.

    COVID-19 Impact on Stoma Care/ Ostomy Care and Accessories Market

    The covid-19 outbreak posed significant challenges across verticals worldwide. It impacted the growth of the stoma care/ ostomy care and accessories market negatively as supply disruptions affected the product availability in the market.

    Stoma-Care-Ostomy-Care-and-Accessories-Market-Snapshot

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    Key Players

    Key players operating in the Stoma Care/ Ostomy Care and Accessories market are-

    • ConvaTec Group plc (UK)
    • Coloplast A/S (Denmark)
    • Hollister Co. (US)
    • B. Braun (Germany)
    • Alcare Chemicals India Private Limited (India)
    • Nu-Hope Laboratories Inc. (US)
    • Marlen Manufacturing & Development Company (US)
    • Welland Medical Ltd (UK)
    • Flexicare Medical Ltd (UK)
    • Cymed (US)
    • Perma-Type Co Inc (US)
    • The 3M Company (US)
    • Smith & Nephew plc (UK).

    Segment Analysis

    End-User Trends

    By end-user, the stoma care/ ostomy care and accessories market has been bifurcated into home care settings, hospitals & ambulatory surgical centers, and others. The home care settings segment accounted for more than 45% market share in 2021 and is projected to register significant growth during the review period. The segment growth can be attributed to the presence of established infrastructure and skilled healthcare staff.

    Regional Trends

    By region, the Europe accounted for the largest market share of more than 45.9% in 2021 and is projected to grow at a robust CAGR during the forecast period. This can be attributed to rising demand for advanced stoma/ostomy care products coupled with expanding geriatric populace and the presence of key market players such as Hollister Co. (US) and the 3M Company (US). The market growth in Asia-Pacific is expected to be driven by increasing spending on healthcare infrastructure development coupled with rising cases of urinary tract disorders.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Target Audience

    Here is the list of the group of customers that the stoma care/ ostomy care and accessories market hope to have the greatest opportunity to convert-

    • Stoma care/ ostomy care and accessories distributors
    • Stoma care/ ostomy care and accessories suppliers
    • Stoma care/ ostomy care and accessories manufacturers
    • Logistics organizations
    • Government bodies

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The stoma care/ ostomy care and accessories market is expected to witness an impressive growth of 5.05% CAGR during 2022-2028.

    ConvaTec Group plc (UK), Coloplast A/S (Denmark), Hollister Co. (US), B. Braun (Germany), Al-care Chemicals India Private Limited (India), Nu-Hope Laboratories Inc. (US), Marlen Manufactur-ing & Development Company (US), Welland Medical Ltd (UK), Flexicare Medical Ltd (UK), Cymed (US), Perma-Type Co Inc (US), The 3M Company (US) and Smith & Nephew plc (UK) are among the key players in the market.

    The stoma care/ ostomy care and accessories market size is expected to reach USD 4.65 billion in the foreseeable future.

    The hospitals & ambulatory surgical centers segment is expected to register significant growth in the market in the next five years.

    Europe accounted for the largest share in the market in 2021.

    Stoma care/ ostomy care and accessories distributors, Stoma care/ ostomy care and accessories suppliers, Stoma care/ ostomy care and accessories manufacturers, Logistics organizations, Government bodies are the target audience in the market.