What is Global Ostomy and Stoma Care Market?
The Global Ostomy and Stoma Care Market is a specialized sector within the healthcare industry that focuses on the production and distribution of medical products used in ostomy and stoma care. Ostomy is a surgical procedure that creates an opening (stoma) in the body for the discharge of body wastes, while stoma care involves the management and care of the stoma. This market caters to the needs of patients who have undergone ostomy surgery due to conditions like cancer, inflammatory bowel disease, and other gastrointestinal or urinary system diseases. The products in this market range from ostomy bags, which collect waste, to various accessories that help maintain hygiene and comfort.
Pouches, Accessories in the Global Ostomy and Stoma Care Market:
The Global Ostomy and Stoma Care Market is segmented into two main product categories: pouches and accessories. Pouches are the primary product, designed to collect waste from the stoma. They come in different types, including one-piece, two-piece, and drainable pouches, each catering to specific patient needs and lifestyle choices. Accessories, on the other hand, include products like adhesive removers, skin protectors, deodorants, and belts, which aid in the care and maintenance of the stoma and the ostomy pouch. These products are essential in ensuring the comfort and dignity of ostomy patients, helping them lead a normal life post-surgery.
Colostomy, Ileostomy, Urostomy in the Global Ostomy and Stoma Care Market:
The Global Ostomy and Stoma Care Market plays a crucial role in three main areas of ostomy: Colostomy, Ileostomy, and Urostomy. Colostomy involves the creation of a stoma in the large intestine or colon, and products in this market help manage the waste output effectively. Ileostomy, on the other hand, involves a stoma in the small intestine, and the market provides specially designed pouches for liquid waste management. Lastly, Urostomy, which involves a stoma for urinary waste, requires unique pouches that can handle liquid waste, and the market caters to this need as well. Each of these areas has specific product requirements, and the Global Ostomy and Stoma Care Market ensures these needs are met.
Global Ostomy and Stoma Care Market Outlook:
To provide a market outlook, the Global Ostomy and Stoma Care Market was valued at a significant US$ 3085 million in 2022. The market is expected to grow steadily and reach a value of US$ 3827.6 million by 2029. This growth trajectory, which represents a Compound Annual Growth Rate (CAGR) of 3.7% from 2023 to 2029, indicates a steady demand for ostomy and stoma care products. This demand is driven by the increasing prevalence of conditions requiring ostomy surgery and the ongoing efforts to improve the quality of life for ostomy patients.
Report Metric | Details |
Report Name | Ostomy and Stoma Care Market |
Accounted market size in 2022 | US$ 3515 million |
Forecasted market size in 2029 | US$ 4744 million |
CAGR | 4.3% |
Base Year | 2022 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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By Region |
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By Company | Coloplast, Hollister, ConvaTec, B. Braun, Salts Healthcare, ALCARE, Genairex, Nu-Hope, Steadlive, Marlen, 3L, Torbot, Welland |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |