Global $3.5 Billion Stoma/Ostomy Care Market Outlook, 2025 - Growing Internet Usage for Online Sales of Ostomy Products

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May 29, 2020, 07:45 ET

DUBLIN, May 29, 2020 /PRNewswire/ -- The "Stoma/Ostomy Care Market by Product (Bags (Surgery Type (Ileostomy, Colostomy, Urostomy), System (One, Two-Piece), Usability (Drainable, Closed), Shape (Flat, Convex)), Accessories (Powder, Deodorant)), End User and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The global ostomy care market is projected to reach USD 3.5 billion by 2025 from USD 2.8 billion in 2020, at a CAGR of 4.4% during the forecast period.

Globally, the population of individuals aged 60 years and above is expected to increase from 962 million in 2017 to 2.1 billion by 2050 (Source: UN Population Division). The rising geriatric population is considered as one of the major factors driving the growth of the ostomy care industry, as the incidence of bladder cancer and colorectal cancer is high among geriatric individuals.

Thus, the rising geriatric population, coupled with the growing number of awareness programs to educate patients regarding the use of ostomy products, are the major factors driving the growth of this market. However, discomfort and other issues associated with the use of ostomy bags and the growing adoption of alternative treatments are the key factors limiting the growth of this market.

The ostomy accessories segment is expected to be the fastest-growing segment during the forecast period.

The ostomy accessories market is expected to grow at the highest CAGR during the forecast period owing to the growing skin problems due to frequent removal and re-application of skin barrier of ostomy bags and rising awareness about the care of peristomal skin.

The two-piece bags segment expected to be the largest segment in 2019.

By ostomy bag type, the ostomy care market is segmented into one-piece, two-piece, and skin barrier. Two-piece bags are expected to hold the largest share of the market in terms of volume in 2019. The major share of the segment is attributed to the advantages of these bags over one-piece bags and a rising number of ileostomy procedures.

Asia-Pacific expected to register the highest growth rate in the ostomy care market.

The ostomy care industry is segmented into five major regions, namely, North America, Europe, the Asia-Pacific, Latin America, and the Middle East and Africa. Awareness initiatives by public and private organizations, a large patient population base for target diseases, and the rising geriatric population are the key factors driving the market growth. In addition, several market players are focusing on strengthening their distribution networks in APAC markets to capitalize on the growth opportunities in this region, are expected to boost the growth of this region.

The major players in the ostomy care market include Coloplast A/S (Denmark), Hollister Incorporated (US), ConvaTec Group plc (UK), B. Braun (Germany), ALCARE Co., Ltd. (Japan), Nu-Hope (US), Marlen Manufacturing & Development Company (US), Welland Medical Limited (UK), Baohe Ostomy Care (China), Flexicare Medical Limited (UK), Cymed (US), Schena Ostomy Technologies, Inc. (US), Perma-Type Company Inc. (US), 3M (US), Smith & Nephew (US), and Salts Healthcare (UK), among others.

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Ostomy Care Market Overview
4.2 North America: Ostomy Care Bags Value Market, by Surgery Type, 2020 vs. 2025 (USD Million)
4.3 Asia-Pacific: Ostomy Accessories Value Market Share, by Type, 2020 vs. 2025
4.4 Ostomy Care Market: Geographic Growth Opportunities

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Target Patient Population
5.2.1.2 Rising Geriatric Population
5.2.1.3 Growing Number of Awareness Programs to Educate Patients Regarding the Use of Ostomy Products
5.2.1.4 Favorable Reimbursement System in Developed Countries
5.2.2 Restraints
5.2.2.1 Discomfort and Other Issues Associated with the Use of Ostomy Bags
5.2.2.2 Growing Adoption of Alternative Treatments
5.2.3 Opportunities
5.2.3.1 Growth Opportunities Offered by Emerging Markets
5.2.3.2 Growing Internet Usage for Online Sales of Ostomy Products
5.2.3.3 Growing Medical Tourism in Asian Countries
5.2.4 Challenges
5.2.4.1 Disparities in Reimbursement for Ostomy Supplies in Emerging Countries

6 Ostomy Care Market, by Product
6.1 Introduction
6.2 Ostomy Bags
6.2.1 Ostomy Bags Market, by Surgery Type
6.2.1.1 Colostomy
6.2.1.1.1 a Large Number of Colostomies Performed to Drive Market Growth
6.2.1.2 Ileostomy
6.2.1.2.1 Increasing Incidence of Ulcerative Colitis and Crohn'S Disease to Support Market Growth
6.2.1.3 Urostomy
6.2.1.3.1 Urostomies are Commonly Performed for the Treatment of Bladder Cancer
6.2.2 Ostomy Bags Market, by Type
6.2.2.1 Skin Barriers
6.2.2.1.1 New Product Developments to Support Market Growth
6.2.2.2 Two-Piece Systems
6.2.2.2.1 High Cost of Two-Piece Systems to Hamper Market Growth
6.2.2.3 One-Piece Systems
6.2.2.3.1 Issues Associated with the Use of These Products to Hamper the Market Growth
6.2.3 Ostomy Bags Market, by Usability
6.2.3.1 Drainable Bags
6.2.3.1.1 Advantages Offered by These Products are Contributing to the Large Share of This Segment
6.2.3.2 Closed-End Bags
6.2.3.2.1 Closed-End Bags are Designed for One-Time Use
6.2.4 Ostomy Bags Market, by Shape of Skin Barrier
6.2.4.1 Flat Base Bags
6.2.4.1.1 Flat Base Bags Segment Accounted for the Largest Market Share in 2019
6.2.4.2 Convex Bags
6.2.4.2.1 These Bags are Recommended for Patients with an Irregular Stoma
6.3 Ostomy Care Accessories
6.3.1 Pastes & Powders
6.3.1.1 These Products Protect the Skin, Fill in Any Uneven Surface, and Increase the Wear Time of Ostomy Products
6.3.2 Creams
6.3.2.1 Creams help in Adding Moisture to Dry Skin Caused Due to the Application and Removal of Skin Barriers
6.3.3 Cleansers
6.3.3.1 Cleansers are Designed to Clean the Skin Around the Stoma
6.3.4 Deodorants
6.3.4.1 Deodorants help in Reducing Odor Emanation
6.3.5 Other Accessories

7 Ostomy Care Market, by End User
7.1 Introduction
7.2 Home Care Settings
7.2.1 Home Care Settings are the Largest End Users of Ostomy Products
7.3 Hospitals & Specialty Clinics
7.3.1 Large Number of Ostomy Procedures Performed in Hospitals is Supporting the Growth of This Segment

8 Ostomy Care Market, by Region
8.1 Introduction
8.2 Europe
8.2.1 Germany
8.2.1.1 Favorable Reimbursement Scenario to Support Market Growth
8.2.2 UK
8.2.2.1 Rising Patient Population to Support the Adoption of Ostomy Products in the Country
8.2.3 France
8.2.3.1 Growing Initiatives by the Government to Propel Market Growth
8.2.4 Italy
8.2.4.1 Initiatives by Private and Government Organizations to Raise Awareness About Ostomy Care is the Major Factor Driving Market Growth in Italy
8.2.5 Spain
8.2.5.1 Growing Geriatric Population Has Resulted in the Increasing Number of Ostomy Procedures Performed in the Country
8.2.6 Rest of Europe
8.3 North America
8.3.1 US
8.3.1.1 Favorable Reimbursement Scenario for Ostomy Supplies to Support Market Growth in the Us
8.3.2 Canada
8.3.2.1 a Surge in the Incidence of Target Diseases and Favorable Government Guidelines to Support Market Growth
8.4 Asia Pacific
8.4.1 Japan
8.4.1.1 Rising Number of Cancer Cases to Fuel Market Growth
8.4.2 China
8.4.2.1 Increasing Patient Pool and Government Initiatives for Healthcare Development are Fueling Market Growth
8.4.3 India
8.4.3.1 Rising Patient Population is Propelling Market Growth
8.4.4 Australia
8.4.4.1 Government Initiatives to Support Market Growth
8.4.5 South Korea
8.4.5.1 Increasing Research and Developmental Activities in the Country to Drive Market Growth
8.4.6 Rest of APAC
8.5 Latin America
8.5.1 Brazil
8.5.1.1 Growing Adoption of Healthcare Insurance in the Country to Support Market Growth
8.5.2 Mexico
8.5.2.1 Increasing Awareness Programs are Fueling the Market Growth
8.5.3 Rest of Latin America
8.6 Middle East & Africa
8.6.1 Improving Healthcare Infrastructure and Increasing Public-Private Investments to Drive Market Growth in the MEA Region

9 Competitive Landscape
9.1 Overview
9.2 Market Share Analysis
9.3 Competitive Scenario
9.3.1 Product Launches
9.3.2 Acquisitions
9.3.3 Agreements
9.3.4 Expansions
9.4 Competitive Leadership Mapping (Overall Market)
9.4.1 Competitive Leadership Mapping: Major Market Players (2019)
9.4.2 Visionary Leaders
9.4.3 Innovators
9.4.4 Dynamic Differentiators
9.4.5 Emerging Companies

10 Company Profiles
10.1 3M
10.2 Alcare Co. Ltd.
10.3 B. Braun
10.4 Baohe Ostomy Care
10.5 Coloplast A/S
10.6 Convatec Group PLC
10.7 Cymed
10.8 Flexicare Medical Limited
10.9 Hollister Incorporated
10.10 Marlen Manufacturing & Development Company
10.11 Nu-Hope Laboratories, Inc.
10.12 Perma-Type Company, Inc.
10.13 Schena Ostomy Technologies, Inc.
10.14 Smith & Nephew
10.15 Welland Medical Limited
10.16 Other Companies
10.16.1 Salts Healthcare
10.16.2 Torbot Group, Inc.
10.16.3 Fortis Medical Products
10.16.4 Safe N Simple
10.16.5 Prowess Care

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