Stoma/Ostomy Care Market - Trends Forecast Till 2028

Market Overview

The global Stoma/Ostomy Care Market size is projected to reach a CAGR of 5.39% from 2022-2028.

Stoma can be defined as the end of a catheter or ureter that is surgically placed in patients replacing the use of bladder or bowel due to the case of bladder, bowel cancer or Crohn’s disease. It is an opening created in the patient’s body for the proper disposal of body wastes and replacement of excreting organs.

The increasing target patient population, growing prevalence of inflammatory bowel diseases, rising geriatric population, growing awareness, technological advancements, and the favourable reimbursement system in developed countries are some of the factors that have supported long-term expansion for Stoma/Ostomy Care Market.

Regional Analysis

Europe accounted for the largest share of 37.85% of the stoma/ostomy care market. 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 favourable reimbursement scenario.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Salts Healthcare Ltd
• Perma-Type Co Inc
• ConvaTec Group PLC
• The Coloplast Group
• Hollister Incorporated
• Schena Ostomy Technologies Inc.
• B. Braun Melsungen AG
• ALCARE Co. Ltd.
• Marlen Manufacturing
• Welland Medical Limited
• BAO-Health
• Flexicare Medical Limited
• Schena Ostomy Technologies Inc

Recent Developments

• In June 2021, Welland Medical Limited launched a new innovative ostomy bag under the brand name Aurum Plus. It is available in both closed and drainable types.
• May 2021, Welland Medical Limited started its new distribution center in Costa Rica with Panamedical de Costa Rica.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Stoma/Ostomy Care Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope