An influential  Stoma/Ostomy Care Market report contains key data about the market, emerging trends, product usage, motivating factors for customers and competitors. Moreover, market restraints, brand positioning, and customer behaviour, is also studied with which achieving a success in the competitive marketplace is simplified. With all this information, businesses can successfully make decisions about business strategies to achieve maximum return on investment (ROI). This report studies and evaluates facts and figures about the market segmentation very watchfully and represents it in the form of graphs for the better understanding of end user. Global Stoma/Ostomy Care Market report comprises of all the crucial parameters mentioned above hence it can be used for the business.

Research and analysis about the key developments in the market, major competitors and detailed competitor analysis included in the large scale Stoma/Ostomy Care Market report helps businesses envisage the bigger picture of the market place and products which ultimately assists superior business strategies. The market studies, insights and analysis conducted in this market research report keeps marketplace clearly into the focus which helps achieve business goals. Details about the market drivers and market restraints covered in Stoma/Ostomy Care Market business report helps understand whether the demand of the products will rise or get lower.

According to the Centers for Disease Control and Prevention (CDC), approximately 3 million (1.3%) U.S. adults have IBD (Crohn's disease or ulcerative colitis). The rising prevalence of inflammatory bowel disease at the global level is expected to fuel the growth of the market. An ostomy procedure alters bodily waste, such as urine or stool, and exits the body. It can protect the abdominal cavity, allowing damaged or inflamed digestive system parts to heal. The waste from the body passes through the abdomen and collects in a pouch that fits outside the body. An ostomy is a surgical procedure in which a surgeon makes an incision in the abdomen and connects a portion of the intestine to the abdominal wall, allowing stool to exit the body through the abdomen rather than the rectum.

Data Bridge Market Research analyses that the stoma/ostomy care market, which was USD 3.71 billion in 2022, is expected to reach USD 5.78 billion by 2030, at a CAGR of 5.7% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Explore Further Details about This Research Stoma/Ostomy Care Market Report https://www.databridgemarketresearch.com/reports/global-stoma-ostomy-care-market

REPORT METRIC

DETAILS

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product (Ostomy Care Bags, Ostomy Care Accessories), End-User (Home Care, Hospitals, Ambulatory Surgical Centers, Clinics)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Coloplast Corp (U.S.), Hollister Incorporated (U.S.), ConvaTec Group PLC (U.K.), Salts Healthcare (U.K.), B. Braun SE (Germany), 3M (U.S.), ALCARE Co., Ltd. (Japan), Flexicare (Group) Limited (U.K.), Henkel Adhesives Technologies India Private Limited (Germany), Marlen Manufacturing & Development Company (U.S.), Nu-Hope Laboratories, Inc. (U.S.), OxMed International GmbH (Germany), Smith+Nephew (U.K.), Torbot Group, Inc. (U.S.), Welland Medical Limited (U.K.)

Market Opportunities

  • Increasing prevalence of bladder cancer, bowel cancer, and inflammatory bowel diseases
  • Favorable reimbursement policies for stoma/ostomy care

Market Definition

An ostomy device is a piece of prosthetic medical equipment that collects waste from a surgically diverted biological system (colon, ileum, or bladder) and creates a stoma. Congenital disabilities, bladder cancer, inflammatory bowel disease, diverticulitis, obesity, and other medical conditions may necessitate an ostomy. It is divided into three types: colostomy, urostomy, and ileostomy.

Global Stoma/Ostomy Care Market Dynamics

Drivers

  • Increase in usage of ostomy drainage bags

Ostomy bags are primarily used to collect urine or stool following surgery, depending on the type of surgery. It is frequently used as a last resort when other treatments have failed to relieve the pain and discomfort of ulcerative colitis (U.C.). Almost one out of every 500 Americans has an ostomy drainage bag. Approximately 30% of people with U.C. will require ostomy bags at some point, either temporarily or permanently. In some cases, such as when the colon is removed due to cancer, the use of ostomy drainage bags may be permanent. Bags and pouches are also very discreet these days and can be worn under almost any type of clothing. The increased use of ostomy drainage bags will have a positive impact on the demand for ostomy drainage bags during the forecast period.

  • Growing healthcare expenditure

The government spent INR 213,719.6 crore on healthcare in 2018. Through its National Health Policy, the government of India has taken regular steps to increase this expenditure to 2.5% of the country's GDP by 2025. Increased healthcare spending has resulted in Greenfield and Brownfield hospital development. As a result, as new capital systems equipped with cutting-edge technology are installed at various healthcare facilities, revenue in the medical device industry has increased.

Every firm in the Stoma/Ostomy Care Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.

  • Size of the Stoma/Ostomy Care Market and growth rate factors.
  • Important changes in the future Stoma/Ostomy Care Market.
  • Top worldwide competitors of the Market.
  • Scope and product outlook of Stoma/Ostomy Care Market.
  • Developing regions with potential growth in the future.
  • Tough Challenges and risk faced in Stoma/Ostomy Care Market.
  • Global Bleeding Disorders Treatment top manufacturers profile and sales statistics.

Why choose Data Bridge Market Research?

  • Modern technologies, such as artificial intelligence, to provide updated industry growth.
  • DBMR team provides clients with the top notch Stoma/Ostomy Care Market research report.
  • Interaction with research scientists and development heads to understand the nature of the Stoma/Ostomy Care Market more precisely.
  • 24/7 availability of services.
  • Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.

DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Stoma/Ostomy Care Market size

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