The report on Ostomy/Stoma Care and Accessories Market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. According to an Ostomy/Stoma Care and Accessories Market report, which summarizes the key aspects of the market, as well as the leading key players, leading regions, and key applications.
The global ostomy/stoma care and accessories market Size was valued at USD 2.81 billion in 2018 and is projected to reach USD 4.23 billion by 2026, exhibiting a CAGR of 5.2% during the forecast period.
Report on Ostomy/Stoma Care and Accessories Market provides insights on the factors restraining market growth, which provide valuable information for strategic planning. The analysis of these factors is crucial in identifying market growth opportunities.
Ostomy is gradually becoming a widely accepted procedure for diseases such as colorectal cancer, inflammatory bowel diseases, and others. According to the Western Australian Ostomy Association Incorporated, there are around 3 million ostomates in the world.Besides, rising prevalence of colon cancer and the increasing adult population is further contributing to this number. According to the Colorectal Cancer Alliance, many colorectal cancer patients may have temporary ostomy after surgery, and less than 10% will have a permanent ostomy.
Increasing number of stoma surgeries and rising number of ostomates are two of the primary factors that are boosting the stoma care market growth. According to the United Ostomy Associations of America, nearly 100,000 ostomy surgeries are performed in the U.S. every year. This is anticipated to increase the demand for ostomy/stoma care and accessories.
Key players covered in the global Ostomy/Stoma Care and Accessories Market research report:
- Coloplast Corp
- ConvaTec Inc.
- Hollister Incorporated
- PAUL HARTMANN AG
- B. Braun Melsungen AG
- ALCARE Co., Ltd.
- Salts Healthcare
- Welland Medical Limited