Ostomy Care and Accessories Market 2028 By Type, Application, End Use, and Geography | The Insight Partners

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Ostomy Care and Accessories Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Type (Seals/Barrier Rings, Pouch Cover, Pouch Closures, Stoma Caps/Hat, and Others); Application (Ileostomy, Colostomy, and Urostomy); End Use (Home Care Settings, Hospitals and Ambulatory Surgical Centers, and Others), and Geography

Report Code: TIPRE00024317 | No. of Pages: 150 | Category: Medical Device | Status: Upcoming

MARKET OVERVIEW

Ostomy is a surgical procedure to make an opening from the urinary tract or intestines to eliminate waste products from the body. Colostomy, ileostomy, and urostomy are the three types of ostomy. Ostomy care accessories enhance wear time and performance of ostomy pouches. Ostomates use these accessories as per their requirements, such as leakage issues, odor, and support.

MARKET SCOPE

The "Global Ostomy Care and Accessories Market Analysis to 2028" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Ostomy care and accessories market with detailed market segmentation by type, application, end use, and geography. The report provides key statistics on the market status of the leading Ostomy care and accessories market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •  Based on type, the global Ostomy care and accessories market is segmented into seals/barrier rings, pouch cover, pouch closures, stoma caps/hat, others.
  •  On the basis of application, the market is segmented into ileostomy, colostomy, urostomy.
  •  On the basis of end use, the market is segmented into home care settings, hospitals and ambulatory surgical centers, others.

MARKET DYNAMICS
Drivers:

  •  Rise in the incidences of colorectal cancer.
  •  Rise in the geriatric population.
  •  Growing initiatives to raise ostomy awareness.
  •  Technological advancements.

Restraints:

  •  The risk of skin infection is the major restraining factor for this market.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Ostomy care and accessories market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Ostomy care and accessories market in these regions.

IMPACT OF COVID-19ON OSTOMY CARE AND ACCESSORIES MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.



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MARKET PLAYERS


The report covers key developments in the Ostomy care and accessories market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Ostomy care and accessories market are anticipated to lucrative growth opportunities in the future with the rising demand for Ostomy care and accessories in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Ostomy care and accessories market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •  Coloplast Group
  •  Hollister Incorporated
  •  ConvaTec, Inc.
  •  Smith & Nephew
  •  Scapa Healthcare
  •  3M Company
  •  B.BraunMelsungen
  •  Salts Healthcare Ltd.
  •  Torbot Group Inc.
  •  Nu-Hope Laboratories, Inc.
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The List of Companies

1. Coloplast Group
2. Hollister Incorporated
3. ConvaTec, Inc.
4. Smith & Nephew
5. Scapa Healthcare
6. 3M Company
7. B.BraunMelsungen
8. Salts Healthcare Ltd.
9. Torbot Group Inc.
10. Nu-Hope Laboratories, Inc.
11. Marlen Development and Manufacture
12. FNC Medical
13. Cymed Ostomy Co
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