#Colostomy Bags Market Growth

[ravinderimarc]

The colostomy bags market is on a growth path, expected to rise from $1.2B in 2023 to $1.5B by 2032. Factors like the increase in colorectal cancer and IBD cases, along with advances in healthcare, are driving this trend.

[market-insider]

Bowel Management Systems Products: Understanding Size, Share, and Growth Trajectories

The global bowel management system market is expected to reach USD 2.25 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.3% during the forecast period. Rising incidence of fecal incontinence coupled with growing government initiatives to raise awareness about bowel management is likely to drive the market. Furthermore, a favorable reimbursement scenario has also been favoring the growth of the market.

Further key findings from the report suggest

Colostomy bags were the largest segment in 2017 and are likely to witness the fastest growth over the forecast period due to factors such as their high usage rate and well-structured reimbursement policies across developed regions

The adult segment dominated the market in terms of revenue in 2017 owing to factors such as the high prevalence of fecal incontinence among adults

The home care segment was the leading segment in the market in 2017, owing to the rising adoption of bowel management products in homecare settings. The segment is also poised to witness the highest CAGR during the forecast period

North America and Europe accounted for a sizeable cumulative share in the market in 2017. These regions experience high usage rate of bowel management systems and are marked by the presence of significant key players such as 3M and Medtronic

Asia Pacific is expected to exhibit the fastest growth during the forecast period due to unmet clinical needs and need for better diagnosis

Some of the prominent players operating in this space are Mederi Therapeutics Inc.; Aquaflush Medical Limited; Medtronic; Coloplast; C.R. Bard; 3M; Consure Medical; B. Braun; Cogentix Medical; ConvaTec; Axonics Modulation Technologies; Welland Medical Limited; MBH-International A/S; and Wellspect HealthCare

Key players are adopting strategies such as expanding their geographic reach, increasing R&D activities, rising number of collaborations, growing awareness programs, technological advancements, and launching new products to increase their market share.

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Bowel management systems are an important tool to manage fecal incontinence. According to the International Foundation for Gastrointestinal Disorders, fecal incontinence affects 6.9% of adult females and 7.4% of adult males. It has also been estimated that around 20.0% of people with irritable bowel syndrome have bowel incontinence.

In addition, different organizations such as United Ostomy Associations of America, Inc., and Colostomy U.K. are working towards raising awareness about ostomy. They are focused on empowering and supporting people who have had an ostomy. Also, government bodies globally are introducing programs to provide support to individuals with a stoma by improving access to clinically appropriate and most suitable stoma-related products. These are some of the factors that are promoting the growth of the market.

List of major companies in the Bowel Management Systems Market

Medtronic

Coloplast

3M

B. Braun

Consure Medical

C.R. Bard

Cogentix Medical

Axonics Modulation Technologies

Aquaflush Medical Limited

ConvaTec

MBH-International A/S

Hollister

[omkarpatel]

Colostomy Bags Market is Estimated to Witness High Growth Owing to Surging Geriatric Population

Colostomy bags are medical devices that are attached to the abdomen following colostomy surgery to collect waste matter discharged from the colon. They come in various sizes and styles to suit individual needs and lifestyles. Colostomy bags provide patients dignity and discretion by allowing them to continue daily activities.

Market Dynamics:

The colostomy bags market is expected to grow significantly during the forecast period owing to the rapidly aging global population that is more prone to conditions requiring colostomy procedures. According to the United Nations, the world’s population aged 65 years and older is projected to grow from nearly 547 million in 2015 to over 1.5 billion in 2050. The rising prevalence of inflammatory bowel disease, bowel cancer, and other intestinal disorders also contributes to market growth. Furthermore, technological advancements in colostomy bag design for enhanced functionality, discretion, and comfort further support the market expansion.

Increasing Prevalence of Colorectal Cancer:

Colorectal cancer is one of the leading causes of cancer-related deaths globally. According to the American Cancer Society, in 2022, it is estimated that there will be 149,500 new cases of colon cancer and 43,340 new cases of rectal cancer diagnosed in the United States. The risk of colorectal cancer increases with age and family history of the disease. Patients diagnosed with colorectal cancer often undergo surgical resection of tumors that may require formation of a colostomy. The rising prevalence of colorectal cancer is expected to augment the demand for colostomy bags for short term or long term management.

Growing Geriatric Population:

As life expectancy increases globally, the proportion of the world's population over 60 years is rising significantly. Older adults are more prone to develop chronic diseases like colorectal cancer due to age-related decline in immunity. Older patients also have higher rates of postoperative complications that may necessitate prolonged use of colostomy bags. According to the United Nations, the number of people aged 65 years or over is projected to grow from about 703 million in 2019 to 1.5 billion in 2050. This demographic shift towards the elderly population is likely to boost the colostomy bags market.

High Cost of Surgery and Extended Hospital Stays:

Colorectal cancer often requires extensive surgery which involves high costs. Furthermore, postoperative recovery and hospital stays can be prolonged in older patients and those with comorbidities. This significantly increases the financial burden on patients and healthcare systems. Use of colostomy bags allows for early discharge from hospitals and continuation of recovery at home, thereby reducing treatment expenses. This cost-saving advantage of colostomy bags makes them an affordable option, especially in price-sensitive developing nations.

Lack of Standardization:

Colostomy bags vary widely in terms of quality, specialty features, pricing and manufacturing standards across different brands. There exists a lack of global consensus on standard test protocols to evaluate mechanical strength, leakage resistance and biocompatibility of various colostomy bag materials. This inconsistency poses challenges to patients in choosing the right product as per their stoma type and lifestyle needs. Regulatory bodies need to introduce standardized testing and classification systems to enhance product safety, efficacy and comparative evaluation for informed decision making. This remains a key market restraint that hinders overall demand.

Increased Product Innovation:

Major players in the colostomy bags industry are investing heavily in R&D to develop novel product formulations, designs, and accessories. This includes one-piece and two-piece bags with odor-barrier films, clip-free couplings, swim-safe bags, bags tailored for different stoma shapes/outputs, convex bags for better adhesion etc. Customization options have widened the target market beyond colorectal cancer patients. Technological modernization is making bags discreet, leakage-proof and easier to use. Such continued product innovation addresses unmet needs and strengthens customer loyalty, representing a key growth opportunity.

Shift towards One-Piece Pouches:

Two-piece pouches that require coupling a separate bag and flange have been traditionally popular. However, one-piece pouches that integrate the flange with the bag interior are gaining more acceptance. They are simpler, reduce mess and ensure leak-proof sealing. Another favorable trend is the replacement of adhesive strips with pre-cut hydrocolloid adhesives with extended wear time. One-piece products give a seamless look and feel. The convenience factor and improved performance are prompting more users to switch to one-piece pouches over two-piece varieties. This changing preference reflects a significant market trend in favor of integrated one-piece system technologies.

[alicesara611]

Ileostomy Products Market Size, Share, Growth and Global Analysis by Demand, Opportunity, Key Players, Regional Development and Forecast 2022 To 2028

The ileostomy products market is projected to reach a value of US$ 1068 million by 2028, expanding at a CAGR of 5.5% from 2022 to 2028. The growing prevalence of inflammatory bowel disease (IBD), colorectal cancer, and other disorders requiring ileostomy surgery is driving the market growth. Additionally, the rising geriatric population, which is more susceptible to these conditions, is further fueling market demand.

Ostomy bags are the largest segment of the ileostomy products market, accounting for a significant share of the revenue. The increasing demand for comfortable, discreet, and leak-proof ostomy bags is driving segment growth.

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The Asia Pacific region is expected to be the fastest-growing market for ileostomy products, owing to the rising prevalence of IBD and colorectal cancer in the region. Additionally, the increasing awareness about ostomy care and the growing disposable income of the population are contributing to market growth in the region.

Overall, the ileostomy products market is expected to witness significant growth in the coming years, driven by the increasing prevalence of chronic diseases requiring ileostomy surgery, the rising geriatric population, and the growing demand for innovative ostomy care products.

Key Takeaways:

The global ileostomy products market is expected to reach a value of US$ 1068 million by 2028, growing at a CAGR of 5.5% from 2022 to 2028.

The rising prevalence of inflammatory bowel disease (IBD), colorectal cancer, and other ostomy-related conditions is driving the growth of the market.

Increasing awareness of ostomy care and the availability of advanced ostomy products are also contributing to market growth.

The ostomy bags segment is expected to hold the largest share of the market throughout the forecast period.

The Asia Pacific region is expected to be the fastest-growing market due to its large and growing population, increasing healthcare spending, and rising awareness of ostomy care.

Competitive Landscape:

The global ileostomy products market is dominated by a few major players, such as:

Coloplast

B. Braun Melsungen AG

Hollister Incorporated

ConvaTec Inc.

Salts Healthcare

Marlen Manufacturing

Flexicare Medical Limited

3M

Smith & Nephew

These companies are focused on developing innovative ostomy products that meet the needs of patients. They are also investing in expanding their distribution networks in order to reach a wider range of patients.

Segmentation:

Product Type:

Ostomy bags

Ostomy accessories (skin barriers, adhesives, seals, belts, etc.)

Application:

Ileostomy

Colostomy

Urostomy

Region:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

[industryupdate]

Stoma Care Is No Joke. Gere’s Why

A stoma is an opening in your abdomen that permits waste to remove from your body, rather than going via your digestive system. They’re utilized when part of your bladder or bowels either requires to heal or be detached.

To make a stoma, your surgeon will pull part of your large or small intestine onto the surface of your skin and stitch it onto an opening in your abdomen. The intestine ends and drains waste into an ostomy appliance, which is a bag attached to your stoma. Stomas are generally red, round, and moist, and they measure about 1 or 3 inches wide.

Numerous individuals use the terms “ostomy” and “stoma” interchangeably, but they do have a little different meaning:

An ostomy denotes the real opening in your abdomen.

A stoma denotes the end of the intestine that’s stitched into the ostomy.

Ostomies can be temporary and permanent. If you have an organ that is enduringly damaged, you’ll likely require a permanent one. However, if part of your intestine just requires to heal for a while, you may have a temporary ostomy.

The stoma care market is experiencing growth and is projected to reach USD 3,882.1 million by 2030.

What are the different types?

There are numerous kinds of stoma, reliant on the process utilized to create them:

Colostomy- A stoma is made with part of your colon, also called your large intestine, to avoid your rectum. In some cases, you may have the minor part of your colon removed, directing to a permanent stoma. A colostomy can also be impermanent if your colon is just required to heal. You may require a colostomy if you have rectal or colon cancer, a colon wound, or a blockage in your colon.

Urostomy- Your medic will make a bag using your small intestine. They’ll attach your ureters to this bag so that urine can gutter outside of your body without passing via your bladder. You may require a urostomy if your bladder is unhealthy or injured.

What kind of care is involved?

Your ostomy appliance comprises a bag that your stoma pipes into. Liable on the kind of bag you have, you’ll require to change it every four to seven days. When you change the bag, clean the skin around your stoma with mild warm water and let it dry totally. You don’t require to utilize soap, but if you do, make sure it’s very light and odorless, While the bag is detached, look for any signs of blood, irritation, or variations in the size and color of your stoma. Colostomy surgery is leading the industry, based on surgery-type segmentation. This can be ascribed to the increasing occurrence of colon cancer and the growing number of colostomy methods.

For example, as per the United Ostomy Associations of America, around 100,000 ostomy operations are done in the U.S. annually.

Hence, the rising aging populace, the mounting board population of people suffering from inflammatory bowel illnesses and bladder and colorectal cancers, improved technology, the growing number of stoma and ostomy operations of the intestine, and fascinating reimbursement systems in developed countries are the major factors driving the market.

[rkingresearch]

Ostomy Bags Market By Distribution Channel (Offline & Online) | Global and Regional Industry Overview, Market Intelligence Forecasts 2022 - 2030

The global Ostomy Bags Market size was worth around USD 1.77 billion in 2021 and is predicted to grow around USD 2.38 billion by 2030 with a compound annual growth rate of roughly 3.7% between 2022 and 2030.

The global Ostomy Bags market research gives a detailed and practical analysis of the products and services in this market which provides a competitive advantage to the existing and new businesses. In depth study and overview of the market has been collected by the overall insight of the industry and specifies the market segmentation, potential opportunities, growing market trends and events, current and future advancements, and other elements. This report will also showcase many possibilities of upscaling the global Ostomy Bags market share size.

The global business has experienced a major impact of the COVID-19 pandemic. This study report represents a critical turning point for the Ostomy Bags industry and provides useful data to businesses to understand market challenges such as sloth in business activity due to the strict lockdowns globally.

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The competitive landscape of Ostomy Bags market includes major players such as:

ALCARE Co. Ltd

B. Braun SE

Coloplast A/S

Convatec Inc

Flexicare Ltd,

Hollister Incorporated

Melsungen AG

Oakmed Healthcare

Pelcin Healthcare Ltd

Salts Healthcare Ltd

Welland Medical Limited

amongst

others

However, with relaxations in lockdown rules and regulations by the government, it can be said that the industry is stepping towards the potential growth and is anticipated to record a substantial revenue generation in the near future.

Additionally, this study report covers the latest business models and represents the range of expansion of the global market. Anticipation of manufacturing new products and providing latest services also mentioned in the study which will end up being profitable for the economic environment of Ostomy Bags market. It also provides details of various attributes of the market that have been changed over the time such as market size, supply and Ostomy Bags market demand.

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The Ostomy Bags market is segmented by types into:

By Product

Colostomy Bags

Ileostomy Bags

Urostomy Bags

By System

One-Piece Pouching

Two-Piece Pouching

By Usage

Reusable

Disposable

By End-User

Hospitals

Clinics

Home Care Settings

Others

By Distribution Channel

Offline

Online

By Region

North America

Europe

Asia Pacific

The Middle East & Africa

The research report delivers several marketing strategies and a robust backup plan for companies working in the Ostomy Bags industry. The study lists a brief data about firms standing in the market, their long-term goals, market size, market share, and their value of presence at the global level of the market.

The global Ostomy Bags market research report includes geographical market segmentation in the regions of Asia Pacific, North America, South America, Europe, Africa, and the Middle East. It also examines market predictions depending on the regional areas around the globe that will help the businesses to understand the market and how they can maintain their position in the same. The study of this report includes region-wise Ostomy Bags market size along with estimations of potential market growth opportunities.

Detailed TOC of Global Ostomy Bags Market @ https://www.extrapolate.com/toc/healthcare-medical-devices-biotechnology/ostomy-bags-market/69665

TABLE OF CONTENTS

Chapter 1. Executive Summary

Chapter 2. Research Methodology

Chapter 3. Market Outlook

Chapter 4. COVID-19 Impact on Ostomy Bags Market

Chapter 5. Global Ostomy Bags Market Overview, By Product, 2017 - 2030 (USD Million)

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[joeypetter]

Global Ostomy Care Market To Increase At A CAGR Of 4.2% During 2022 - 2030 | Reports and Insights

The report is titled as ‘Ostomy Care Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the ostomy care market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market.

The global ostomy care Market in 2020 is estimated for more than US$ 2.8 Bn and expected to reach a value of US$ 4.0 Bn by 2028 with a significant CAGR of 4.2%.

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Ostomy Care Introduction

An ostomy is a surgically created opening from the urinary tract or intestines, where effluent is rerouted to the outside of the body using an artificially created opening called a stoma. The output from the stoma such as urine, feces, or mucus; is called effluent. An opening usually protrudes the skin and needs to be taken care of to avoid infection and other complications. Having a stoma operation and then adapting to life with a stoma is not easy. Patients always look for products that are comfortable, safe and easy to wear throughout their busy day. Ostomy care products are designed to enhance wear time and improve a performance of ostomy pouches/bags. Ostomy care products are required to prevent odor, leakage issues and to support the ostomy bags. These surgeries are performed on patients with diseases such as cancer of the bowel or bladder, inflammatory bowel diseases, or perforation of the colon.

Ostomy Care Market Dynamics

The growing prevalence of these diseases is the major factor driving growth of global ostomy care market. Emergencies that may require an ostomy include diverticulitis, trauma, necrotic bowel, or radiation complications. Growing aging population is another important factor driving the growth of global market. However, risks associated with the procedure limit the growth of the global ostomy care market. Patients may show social withdrawal due to embarrassment, which reduces the adoption of these products.

According to the study of the National Center for Biotechnology Information in 2014, In the U.S., there are more than 100,000 people go for the surgeries resulting in ileostomy/colostomy. Demand for ostomy care is expected to increase owing to the increase in the prevalence of inflammatory bowel disease.

According to the research study published in the medical journal ‘The Lancet’ in 2017, a high prevalence of inflammatory bowel disease is accounted for in the western countries that is 0.3% of the total population. However, adverse reimbursement scenarios in developing economies around the globe, low awareness related to the availability of treatments, pricing pressure on producer and makers other related to issues to the usage of ostomy bags is expected to act as one of the major barriers for the growth of the market during the forecast period.

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Ostomy Care Market Segmentation

The global ostomy care market is segmented on the basis of product type, surgery type, shape of skin barrier, system type, end user, and region.

By Product Type

Ostomy Care Bags

Drainable Bags

Close-End Bags

Ostomy Care Accessories

Pastes and Powders

Creams

Cleansers

Deodorants

Others

By Surgery Type

Ileostomy

Colostomy

Urostomy

By Shape of Skin Barrier

Flat

Convex

By System Type

One-piece System

Two-piece System

Skin Barrier

By End User

Ambulatory Surgical Centers

Hospitals

Home Care

Others

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

Ostomy Care Market Competitive Landscape

Some of the key participating players in global ostomy care market are

Coloplast Corporation

Braun Melsungen AG

Hollister Incorporated

3M Company

Cymed Ostomy Co.

Smith & Nephew Plc.

EuroMed Inc.

Alcare

ConvaTec

Nu-Hope

Marlen

Welland Medical

BAO-Health

Flexicare Medical

Schena Ostomy

Perma-Type

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[meditech-insights]

Ostomy Devices Market is expected to grow at a healthy CAGR of 4-5% to reach ~3.2 billion by 2026

An ostomy device is prosthetic medical equipment that provides a way to collect waste from a surgically diverted biological system (colon, ileum, and bladder) and to create a stoma. An ostomy may be essential due to birth defects, bladder cancer, inflammatory bowel disease, diverticulitis, obesity, and many other medical conditions. It can be categorized into three types colostomy, urostomy, and ileostomy.

The Global Ostomy Devices Market is expected to grow at a rate of 4-5% to reach ~3.2 billion by 2026. Rising awareness regarding ostomy care products, growing geriatric population, increasing prevalence of colorectal, bowel, and bladder cancer, favorable reimbursement situations for ostomy devices in developed countries, rising demand for technologically advanced ostomy products, and increasing prevalence of inflammatory bowel diseases are some of the main factors driving the global ostomy devices market.

Surge in Usage of Ostomy Drainage Bags Drives the Ostomy Devices Market

Depending on the type of surgery a patient suffers, an ostomy bag is primarily used to collect urine or stool after surgery. Nearly 1 in 500 Americans survives with an ostomy drainage bag. About 30% of people with UC may eventually require ostomy bags, either temporarily or permanently. The use of ostomy drainage bags may be permanent in some circumstances, such as the removal of the colon due to colon cancer. These days, bags and pouches are also very discreet and can be worn under almost any kind of clothing.

“New product launches and innovations in ostomy devices technologies and designs like one-piece ostomy bags, and two-piece ostomy bags, among others will open up a new frontier for the market to grow in the future. Technology has a key role to play.” - President, Product & Innovation Department, Ostomy Device Company, United States

Growing Cases of Colorectal Cancer Drives the Ostomy Devices Market

Worldwide, colorectal cancer is the third most common type of cancer in men and the second in women with the highest incidence rates in North America, Australia, New Zealand, Europe, and Japan. The number of newly diagnosed cases of colorectal cancer is predicted to rise in the coming years. Surgery which is the most common treatment for colorectal cancer results in 10% of the cases in a permanent ostomy which in turn is anticipated to boost the market in the coming years.

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Key Challenges/ Constraints: Ostomy Devices Market

Even though stomas are a relatively common and safe surgery, there are possible complications and risks involved. Complications can develop during the procedure or throughout the recovery. Some of the common difficulties include skin irritation, bowel obstruction, dehydration, leakage, parastomal hernia (PH), retraction, and ischemia/necrosis.

Asian Ostomy Devices Market Set To Soar

APAC is anticipated to experience strong growth in the coming years, due to the growing geriatric population, and the increasing demand for colostomy in countries such as India, and China as a large number of people suffer from bladder issues in this region.

Companies Adopting both Organic & Inorganic Growth Strategies to Increase their Market Share

Players operating in global ostomy devices market are accepting both organic and inorganic growth strategies such as collaborations, acquisitions, funding, and new product launches to gather market share.

For instance,

In July 2021, Trio Healthcare secured $10 million, the second round of funding from US specialist finance company, SWK Holdings Corporation. The funding  will support Trio’s R&D and manufacturing as it scales up operations to support a large-scale global roll-out of Trio’s stoma bag, Genii

In June 2021, Welland announced the launch of its brand new ostomy pouch range Aurum® Plus. The new pouch range is available in closed, drainable, and urostomy in various sizes

Competitive Landscape Analysis of Ostomy Devices Market

Some of the key players operating in the global ostomy devices market include Alcare Co. Ltd., Coloplast A/s, ConvaTec Inc., Flexicare Ltd., Welland Medical Limited, 3M, and Hollister Incorporated, among others.

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[jesse-pinkman123]

Colostomy Bags Market Size, Share, Outlook, and Opportunity Analysis, 2019– 2027

Colostomy Bags Market - Global Industry Insights, Trends, Size, Share, Outlook, and Opportunity Analysis, 2018-2026

Colostomy is a surgical procedure in which an opening is formed by drawing the healthy end of the large intestine or colon by an incision in the anterior abdominal wall and then suturing and setting it into place. This helps the patient in better bowel motions through the stoma and collected in special disposable colostomy bag, which fits over the stoma and sticks to the skin. Colostomy can be permanent or temporary, as colostomy can be reversed by joining two ends together. Colostomy bags market is gaining traction due to increasing prevalence of diseases such as irritable bowel syndrome, multiple sclerosis, Crohn’s disease and cancer. Besides these colostomy can be performed due to birth defects or accidental injury. The broad spectrum regarding the causes for the disease is expected to favor the growth in colostomy bags market in the near future.

Colostomy bags market is backed by some of the factors as they does not bring significant changes in lifestyle as most of the people are allowed to follow the diet as earlier and perform their daily routine after the surgery. Furthermore, to avoid infections around colostomy bag due to spillage of stool, sweating, dislocation of colostomy bags wide range of accessories are provided, which includes support belts, girdles, deodorizers, skin protective wipes and stoma paste. Moreover, there are different types of colostomy bags such as closed bags, drainable bags, one piece system and two-piece system that are designed according to patients need.

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Rise in incidence of Crohn’s disease and bowel cancer is expected to fuel the growth of colostomy bags market in the near future

Crohn’s disease is a type of inflammatory bowel disease (IBD) which can affect any part of gastrointestinal tract from mouth to anus which increase the market of colostomy bags. According to Centers for Disease Control and Prevention (CDC), 1.0-1.3 million people suffer from inflammatory bowel disease (IBD) as Crohn’s disease is more common in smokers. Whereas each year in the U.S. around 54,000 men and 17,000 women get bladder cancer according to Centers for Disease Control and Prevention (CDC), which significantly supports the rise in growth percentage of colostomy bags industry. The statistics provided above are expected to be a set of crucial factors that supports the growth in colostomy bags market over the forecast period.

Regional growth engines of the colostomy bags market

On the basis of regional segmentation, the global colostomy bags market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The global market is projected to show growth expansion in Asia Pacific due to the rise in incidence of colorectal cancer, increase in aging population and increase in medical tourism. According to Centers for Disease Control and Prevention (CDC) report in 2014, the highest incidence of colorectal cancer was reported in Asia Pacific and Hispanic with approximately 35 people out of 100,000 in 2013.

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The key players dominating the global colostomy bags market

Providers in the market offer a broad range of colostomy bags and accessories and in increase in adoption of market strategies such as online marketing due to advanced technology to manufactures innovation in product competition in market is increasing. The key players operating the market of colostomy bag includes, Coloplast, ConvaTec, TG Eakin Hollister, Marlen, B. Braun Oakmed, and Welland Medical.

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[healthcare-market]

Colostomy Bags Market Trends, Current Demand, and Business Opportunities

Colostomy is an operating procedure, in which a surgeon brings one end part of the large intestine or colon out through the abdominal wall. During this method, one end part of the colon is cut and diverted toward the abdominal wall to make stoma or hole. A colostomy bag or small pouch is then attached over the hole or stoma to collect unwanted products that would generally pass through a rectum. Colostomy is carried out to treat numerous disorder of the colon, including cancer, obstruction, ischemia, inflammatory bowel disease, traumatic injury, or ruptured diverticulum. Provisional colostomies are made to divert stool from injured or ailing point of the colon, for healing. Permanent colostomies are performed when there is a need to permanently remove or block distal bowel. Permanent colostomy is primarily recommended in case of colorectal cancer. Moreover, according to NHS data, nearly 6,400 permanent colostomies are performed in the U.K. each year.

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Based on product type, the global colostomy bags market can be bifurcated into colostomy drainage bags and colostomy care accessories. The colostomy drainage bags segment can be classified into one piece bags and two piece bags. The one piece bags sub-segment is likely to expand at significant pace due to its adhesive flange property which makes the bag easy to manage and comfortable for any kind of skin. In terms of distribution channel, the market can be categorized into hospital pharmacy, retail pharmacy, and online stores. The hospitals segment is likely to grow at a rapid pace because colostomy is primarily carried out in hospitals. The need for stoma care is a key driver of the colostomy bags market. Rise in prevalence of colorectal cancer is another factor fueling the growth of the market. Increase in prevalence of crohn’s diseases (type of inflammatory bowel disease) across the globe, especially among people aged 60, drives the usage of colostomy drainage bags and accessories. Several companies are coming up with advanced technologies to develop colostomy bags such as one piece, two piece pouching systems, etc. However, medical risks such as skin irritation pertaining to the usage of colostomy bags is likely to hamper the growth of the market.

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In terms of region, the global colostomy bags market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the global market. The region is projected to hold a significant share of the global market due to increase in number of colorectal cancer patients, improved health care facilities, and rise in geriatric population with irritable bowel syndrome. According to the National Cancer Institute, an estimated of 1,317,247 people were living with colon and rectum cancer in the U.S. in 2014 and the number is increasing. Growing needed of surgery, increase in adoption of different drainage bags for advanced health care, and rise in awareness regarding treatment of colorectal diseases are factors that boost the market in Europe. Increase in geriatric population, surge in the number of smokers, and rise in incidence of colorectal cancer in Asia Pacific are likely to propel the colostomy bags market in the region during the forecast period. Advancements in surgeries, increase in per capita income, and rise in incidence of colon diseases are likely to augment the market for colostomy bags in Middle East & Africa during the forecast period.

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Major players operating in the global colostomy bags market are Marlen Manufacturing, Alcare, CliniMed, Cymed Ostomy, Flexicare Medical, Genairex, Hill-Rom Holdings, NB Products, Torbot Group, B. Braun, Coloplast, and ConvaTec, among others.

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[parshwanath108]

Ostomy Care Market Size & Growth.

As presented by Global Market Estimates, the Ostomy Care Market Size & Growth will ascend at a CAGR estimation of 5.2% during the forecast period of 2020-2026. Ostomy medical procedures is a careful therapy for changing the movement of intestinal substances of the body. This is primarily embraced during the expulsion of unhealthy entrail. Colostomy, Urostomy, and Ileostomy are the major segments of ostomy surgeries. Hence, increasing number of registered surgeries of the bowel will act as a prime driver for the market growth. Moreover, the rising incidence of bowel disease, high prevalence of cancer of colorectal, and bladder will lead to an increased number of ostomy surgeries. Also developing countries with huge geriatric patient population, rising awareness about the importance of getting bowel surgeries done as precautionary measures, the launch of various technically sound products, and favourable reimbursement policies of ostomy related surgeries in the developed nations will help the market pick up the pace during 2020-2026 time frame.

 Browse 157 Market Data Tables and 104 Figures spread through 189 Pages on "Global Ostomy Care Market - Forecasts to 2026" https://www.globalmarketestimates.com/market-report/global-ostomy-care-market-2352

 By Product Type (Ostomy Bags, Ostomy Accessories [Pastes & Powders, Creams & Cleansers, Other Accessories]), By Application (Ileostomy, Colostomy, and Urostomy), By End User (Hospitals & Specialty Centers, Ambulatory Care Centers and Home Care Settings), By Region (Asia Pacific, MEA, CSA, North America, and Europe), Company Market Share & Competitor Analysis

 Key Market Insights:

·         As presented by Global Market Estimates, the ostomy care market will ascend at a CAGR estimation of 5.2% during the forecast period of 2020-2026

·         The ostomy bags will be the highest revenue sale contributor in the entire market owing to increasing surgeries and the launch of a wide range of ostomy bags in the market.

·         Due to the increasing rate of bowel cancer, inflammatory bowel disease, and bladder cancer, the market for colostomy will be the highest amongst all the other types of surgeries during the forecast period.

·         Analyzing the epidemiology of the market, the Asia-Pacific will be growing the fastest from 2020 to 2026

Major companies in the market are 3M, Convatec Group Plc., Alcare Co., Ltd., Cymed, Hollister Incorporated, Flexicare Medical Limited, B. Braun, Coloplast, Baohe Ostomy Care, Marlen Manufacturing & Development Company, Perma-Type Company, Inc., Nu-Hope Laboratories, Inc.,  Schena Ostomy Technologies, Inc., Welland Medical Limited and Smith & Nephew among others.

 Browse the Global Ostomy care market Report @:  https://www.globalmarketestimates.com/market-report/global-ostomy-care-market-2352

 Product Type Outlook (Revenue, USD Million, 2020 - 2026)

Ø  Ostomy Bags

Ø  Ostomy Accessories

o   Pastes & Powders

o   Creams & Cleansers

o   Other Accessories

 ·         Application Outlook (Revenue, USD Million, 2020 - 2026)

Ø  Ileostomy

Ø  Colostomy

Ø  Urostomy  

 ·         End-User Outlook (Revenue, USD Million, 2020 - 2026)

Ø  Hospitals & Specialty Centers

Ø  Ambulatory Care Centers

Ø  Home Care Settings 

 ·         Regional Outlook (Revenue, USD Million, 2020 - 2026)

Ø  North America

o   U.S.

o   Canada

o   Mexico

Ø  Europe

o   Germany

o   UK

o   France

o   Spain

o   Italy

o   Rest of Europe

Ø  Asia Pacific

o   China

o   India

o   Japan

o   South Korea

o   Australia

o   Rest of APAC

Ø  Central & South America

o   Brazil

o   Argentina

o   Chile

o   Rest of CSA

Ø  Middle East & Africa

o   Saudi Arabia

o   South Africa

o   UAE

o   Rest of MEA

 Contact: Yash Jain

Email address: sales@globalmarketestimates.com

Phone Number: +16026667238

Website: https://www.globalmarketestimates.com/

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[anantpandey]

Ostomy Products for Permanent Ostomies Market Forecast and Prognostication to (2020-2025)

The Ostomy Products for Permanent Ostomies market report offers a detailed explanation of different Leading level industries that are functioning in global regions. The Ostomy Products for Permanent Ostomies market was developed with a primary focus on the competitive sphere, retail, geographical expansion, and market dynamics, including drivers, constraints, and opportunities. In this report, various chapters deliver a logical understanding of the market scenarios with relevant examples. This report also analyzes the global market competition landscape, market drivers and trends, opportunities and challenges, sales channels, distributors, and Porter's Five Forces Analysis.

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The objective of this examine is to determine market sizes for various sectors and countries in recent years and predict values for the next eight years. The report is created to integrate the qualitative and quantitative aspects of the industry both in the regions and in the countries participating in the study. In addition, the report also provides detailed information on key aspects, such as the drivers and challenges that will determine future market growth. In addition, the report should also incorporate opportunities in small markets for interested parties to invest together with a detailed analysis of the competitive landscape and product offerings of key stakeholders.

Major Market Players Covered In This Report:

Coloplast, ConvaTec, Hollister, B. Braun, Salts Healthcare, Marlen, ALCARE, Steadlive, 3L

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The specified segments and sub-sections of the market are explained below:

By Product Type:

One Piece Bag, Two Piece Bag

By Application/End-user:

Colostomy, Ileostomy, Urostomy

By country/region:

North America (United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Reasons to Purchase this Report:

Trend estimates in the development of the 2020-2025 Ostomy Products for Permanent Ostomies market with recent trends and SWOT analysis

The Scenario of market dynamics, along with opportunities for market growth in the coming years.

Regional and national analysis that combines demand and supply forces that influence market growth.

Market segmentation analysis, including qualitative and quantitative research that includes the impact of economic and political aspects.

A competitive landscape that includes the market share of key players, along with new projects and strategies adopted by players in the last five years.

[medi-techinsights]

Global Ostomy Devices Market is poised to witness a decent growth of 4-5% to reach $3.2 billion by 2026

An ostomy device is prosthetic medical equipment that gives a means for the collection of waste from a surgically diverted biological system and the formation of a stoma. An ostomy may be necessary due to birth defects, bladder cancer, inflammatory bowel disease, diverticulitis, obesity, and many other medical conditions. It can be categorized into three types colostomy, urostomy, and ileostomy.

Utilization of Ostomy Drainage Bags Drives the Ostomy Devices Market Growth

An ostomy bag is primarily used to collect urine or stool post-surgery, depending on the type of surgery a patient undergoes. Nearly 1 in 500 Americans lives with an ostomy drainage bag. About 30% of people with UC will need ostomy bags at some point in time either temporarily or permanently. In some scenarios, such as the removal of the colon due to colon cancer , the usage of ostomy drainage bags may be permanent. Nowadays, bags and pouches are also very discreet and can be worn under almost any kind of clothing.

“New product launches and innovations in ostomy devices technologies and designs like one-piece ostomy bags, and two-piece ostomy bags, among others will open up a new frontier for the market to grow in the future. Technology has a key role to play.”-President, Product & Innovation Department, Ostomy Device Company, United States

Growing Cases of Colorectal Cancer is driving the Ostomy Devices Market

Globally, colorectal cancer is the third most common type of cancer in men and the second in women with the highest incidence rates in North America, Australia, New Zealand, Europe, and Japan. It is estimated that the number of new patients with colorectal cancer will increase in future. Surgery which is the most common treatment for colorectal cancer results in 10% of the cases in a permanent ostomy which in turn is expected to boost the market growth in the upcoming years.

Market Challenges: Ostomy Devices Market

Although stomas are a relatively common and safe surgery, there are possible complications and risks involved. Complications can develop during the procedure or throughout the recovery. Some of the common complications are skin irritation, bowel obstruction, dehydration, leakage, parastomal hernia (PH), retraction, and ischemia/necrosis.

Regional Overview: Asian Ostomy Devices Market Set To Soar in the Upcoming Years

Asia-Pacific region is expected to witness a strong growth in the upcoming years, due to the rising geriatric population, and an increasing demand for colostomy in countries such as India, and China as a large number of people suffer from bladder issues in this region.

Competitive Landscape Analysis: Ostomy Devices Market

Some of the established and emerging players operating in the global ostomy devices market are Alcare Co. Ltd., Coloplast A/s, ConvaTec Inc., Flexicare Ltd., Welland Medical Limited, 3M, and Hollister Incorporated, among others.

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[industry-reports-data]

Disposable Ostomy Bags Market Industry Growth-Share Estimates, Consumption Demand Status, Forthcoming Developments and Global Trends Forecast till 2026

Disposable Ostomy Bags Market” research report covers inclusive data on prevalent trends, drivers, growth opportunities, and restraints that can variation the market changing aspects of the global industry. This report provides an in-depth analysis of the market segmentation that contains products, applications, and geographical analysis. Global Disposable Ostomy Bags market report delivers a close watch on leading participants with strategic analysis, micro and macro market trend and scenarios, pricing analysis, and a complete overview of the industry conditions during the forecast period.

Report Coverage:

The research report of the defending coatings industry offers a inclusive analysis of existing companies that can affect the market outlook throughout the forthcoming years. In addition to that, it affords an accurate assessment by highlighting data on multiple aspects that may contain growth drivers, opportunities, trends, and hindrances. It also represents the overall: Disposable Ostomy Bags market size from a global perception by analysing historical data and qualitative insights.

Disposable Ostomy Bags Market is envisaged to record an expansion at the CAGR of 5% over the forecast period, 2022 – 2026

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Major Players Operating in the: Disposable Ostomy Bags Market:

Coloplast, Hollister, ConvaTec, B. Braun, Salts Healthcare, ALCARE, Welland, Marlen, Steadlive, Nu-Hope, 3L

Disposable Ostomy Bags Market Analysis:

The Disposable Ostomy Bags market research report provides an in-depth examination of the key factors stimulating market expansion. It also sheds light on the challenges or restraining factors that are poised to hinder industry growth over the forecast timeframe. The segmentation chapters enable readers to understand aspects of the market such as its products, market size, manufacturer details, share, available technology, and applications. The research report also provides detailed information on new trends that may define the development of these segments in the coming years.

On the basis of types, the: Disposable Ostomy Bags market is primarily split into

One Piece Bag

Two Piece Bag

On the basis of applications, the: Disposable Ostomy Bags market covers:

Colostomy

Ileostomy

Urostomy

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The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in Disposable Ostomy Bags market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in Disposable Ostomy Bags market.

Considering the Geographical Landscape of Disposable Ostomy Bags market:

Disposable Ostomy Bags Market report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities.

➤ North America (United States, Canada, and Mexico)

➤ Europe (UK, Germany, France, Russia, and Italy)

➤ Asia-Pacific (China, Korea, Japan, India, and Southeast Asia)

➤ South America (Brazil, Colombia, Argentina, etc.)

➤ The Middle East and Africa (Saudi Arabia, UAE, Nigeria, Egypt, and South Africa)

Research Methodology:

This report offers actionable growth insights and an extensive report comprising secondary research, primary interviews with industry stakeholders, competitors, validation, and triangulation with the Worldwide Market Reports regional database. Experts have detailed primary records with the market players across the value chain in all regions and industry experts to obtain qualitative and quantitative insights.

Key Benefits for: Disposable Ostomy Bags Market Reports:

✦ What is the global sales value, production value, consumption value, import, and export of industry?

✦ Who are the global key manufacturers of Disposable Ostomy Bags industry? What is their operating situation?

✦ What are Disposable Ostomy Bags market opportunities and threats faced by the vendors in the global Disposable Ostomy Bags Industry?

✦ Which application/end-user or product type may seek incremental growth prospects?

✦ What focused approach and constraints are holding the market?

✦ What are the different sales, marketing, and distribution channels in the global industry?

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[healthcareindustrynews]

Ostomy Care Market Growth, Trends, Size, Share, Industry Demand, Global Analysis

Key Factors Driving Market Growth: The increasing target patient population, growing prevalence of inflammatory bowel diseases, rising geriatric population, growing awareness, technological advancements, and the favorable reimbursement system in developed countries are the major factors driving the growth of this market. Expected Revenue Growth: [200 Pages Report] The global ostomy care market is projected to reach USD 3.2 billion by 2026 from USD 2.6 billion in 2021, at a CAGR of 4.3%. This report aims to provide detailed insights into the global ostomy care market. It provides valuable information on the type, procedure, application, and region in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=267183143The Colostomy segment accounted for the largest share of the ostomy care market, by surgery type, in 2020 Based on surgery, the stoma care market is segmented into ileostomy, colostomy, and urostomy. The Colostomy segment is expected to dominate this market during the forecast period. Colostomy is the most common type of surgical procedure performed globally. The rising incidence of colon cancer, stomach cancer, and IBD in developed and developing countries, coupled with the favorable reimbursement scenario in developed countries, is supporting the growth of this segment. The ostomy bags segment, by product type, accounted for the largest share of the global ostomy care market in 2020

Based on product, the stoma care market is segmented into two broad categories—ostomy bags and accessories. The ostomy bags segment accounted for the largest share of the stoma care market in 2020. The large share of this segment is attributed to their high usage and low cost. The ostomy bags segment dominated the global market with a share of 88.49% in 2020. Ostomy bags hold the largest share of the products market due to the growing number of patients suffering from target diseases (such as colorectal cancer and bladder cancer). Moreover, the efficient reimbursement system in developed countries and rising awareness aid market growth. On the basis of End Users, hospitals & specialty clinics segment accounted for the largest share of the global ostomy care market, in 2020. Based on end users, the stoma care market is segmented into hospitals & specialty clinics, home care settings, and ambulatory surgical centers. The hospitals & specialty clinics segment accounted for the largest share of the stoma care market in 2020. The hospitals & specialty clinics segment accounted for 79.0% of the stoma care market in 2020. The rising target patient population and the favorable reimbursement scenario in most developed countries are the major factors supporting the growth of this segment. Hospitals and key players operating in this market are collaborating to provide training to healthcare professionals and nurses about ostomy care to increase the success rate associated with the procedure and reduce postoperative complications. This factor is expected to increase the number of patients undergoing colostomy, ileostomy, and urostomy procedures, further supporting the growth of this segment. For instance, the Wound, Ostomy and Continence Nurses Society (US) has designed a program on ‘Access to Wound, Ostomy, and Continence (WOC) Supplies.’ The program is aimed to protect and enhance patients’ access to WOC supplies.

Request Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=267183143 Regional Growth Analysis: The global ostomy care market is segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Europe accounted for the largest share of 37.85% of the stoma care market in 2020. The large share of this region can be attributed to the growing patient population, rising geriatric population (as this population segment is more prone to developing gastrointestinal diseases which require ostomy procedures), and favorable reimbursement scenario.

The Asia Pacific region is expected to register the highest growth during the forecast period. The Asia Pacific market is segmented into Japan, China, India, South Korea, Australia, and the Rest of Asia Pacific. In 2020, the APAC accounted for 23.84% of the ostomy care market. Key Players: Prominent players in the ostomy care market include Coloplast Corp (Denmark), Hollister Incorporated (US), B. Braun Melsungen AG (Germany), ConvaTec Inc. (England), Salts Healthcare (UK), Welland Medical Limited (UK), Flexicare Group Limited (UK), Alcare Co. Ltd. (Japan), Cymed Micro Skin (US), Marlen Manufacturing & Development Company (US), Nu-Hope Labs (US), Torbot Group Inc. (US), Smith & Nephew (UK), Perma-Type Company Inc. (US), and 3M (US).

[automationandinstrumentation]

Stoma Care and Accessories Market Estimated to Reach $3.55billion by 2025

Stoma Care/Ostomy Care and Accessories Market size is estimated to reach $3.55billion by 2025 and is poised to grow at a CAGR of 4.8% during the forecast period 2020-2025. A stoma/Ostomy is an opening in the front of the abdomen that the surgeon makes with surgery. The Stoma Care / Ostomy care and accessories market includes products such as bags and accessories. The ostomy bag is attached to the patient's skin with skin adhesives and is used as a container to collect urine or feces after an ureterostomy, colostomy, or ileostomy. The increasing incidence of colon and bladder cancer is set to increase market demand for Stoma Care/Ostomy Care and Accessories Market over the forecast period (2020-2025).

By Product Type- Segment Analysis

The global Stoma Care/Ostomy Care and Accessories market based on the Product type has Bags and Accessories. Accessories are set to be the fastest growing segment over the forecast period (2020-2025). They can help prevent odors, leaks and skin rashes. The accessories segment also includes customized solutions for individual needs or body shape. The ostomy bag segment is projected to have a significant market share during the forecast period owing to the increase in the number of patients who have undergone ostomy surgeries, technological advances in the segment and an efficient reimbursement system in developed countries.

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By End-Use – Segment Analysis

Based on End-Use, the market is classified into Homecare settings, Hospitals and others. Home care accounted for the largest share of the stoma care and accessories market in 2019 and is set to grow forecast period. An increase in the demand for home health care is set to lead this segment. Home care settings Continue ostomy care by trained nurses. Growing preference for home care settings and availability of trained nurses in the developed and emerging countries are set to drive the market over forecast period (2020-2025).

By Geography - Segment Analysis

Europe has dominated the market in the year 2019, and is set to continue significant growth in the forecast period (2020-2025). This is owing to the increasing incidence of intestinal diseases and knowledge of stoma treatment or stoma surgeries. Increasing incidence of Bowel diseases is one of the major factor driving the market in Europe. North America is set to be the second largest market for stoma care accessories over the forecast period (2020-2025), owing to a growing geriatric population, increasing investment in R&D activities and an increasing number of patients with intestinal disorders in the region.

Drivers – Stoma Care/Ostomy Care and Accessories Market

Rising Geriatric Population

The growing geriatric population is considered a major factor in the growth of the global Stoma Care/Ostomy Care and Accessories market owing to the high incidence of bladder and colon cancer among geriatric individuals. However, rising health care expenditures and increasing development of new products in the field of ostomy care are set to boost the global Stoma Care/Ostomy Care and Accessories market over the forecast period.

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Challenges – Stoma Care/Ostomy Care and Accessories Market

Lack of Reimbursement

The main challenge of this market is the cost of acquiring the Stoma Care/Ostomy Care and Accessories. The lack of refunds for stoma care bags and weak economies in developing regions are set to negatively affect the global market for stoma care and accessories over the forecast period. At the same time, the inconvenience associated with the use of stoma bags and other issues, as well as the increasing introduction of alternative treatments, are the main factors limiting the market growth.

Stoma Care/Ostomy Care and Accessories Market Industry outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Stoma Care/Ostomy Care and Accessories Market. Key companies of this market include Coloplast A/S, Hollister Incorporated, ConvaTec Group plc, B. Braun, ALCARE Co., Ltd., Nu-Hope, Marlen Manufacturing & Development Company, Welland Medical Limited, Baohe Ostomy Care, Flexicare Medical Limited, Cymed, Schena Ostomy Technologies, Inc.

Acquisitions/Product Launches:

In July 2019, Coloplast A / S launched SenSura Mio Baby and SenSura Mio Kids Products.

In May 2019, Welland Medical has launched Aurum’s skin-friendly ostomy product line in Sweden at the Swedish ET Nursing Congress in Malmo.

Key Takeaways

Geographically, Europe dominates the global Stoma Care/Ostomy Care and Accessories market during the forecast period owing to the factors such as chronic intestinal diseases, increased adoption of technologically advanced products in the region.

The growing prevalence of inflammatory bowel disease and the rising cost of health care in ostomy are the factors that are driving the global Stoma Care/Ostomy Care and Accessories market over the forecast period (2020-2025).

The lack of reimbursement of stoma care bags and the weak economies of developing regions are projected to have a negative impact on the global stoma care market over the forecast period.

Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Stoma Care/Ostomy Care and Accessories Market report.

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