Stoma/Ostomy Care Global Market Report 2023: Rising Incidence of Colorectal Cancer, Bladder Cancer, and IBD and Drives Growth

DUBLIN, May 15, 2023 /PRNewswire/ -- The "Stoma/Ostomy Care: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

Global Stoma/Ostomy Care Products Market to Reach $5.1 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Stoma/Ostomy Care Products estimated at US$3.3 Billion in the year 2022, is projected to reach a revised size of US$5.1 Billion by 2030, growing at a CAGR of 5.5% over the analysis period 2022-2030.

Ostomy Care Bags, one of the segments analyzed in the report, is projected to record 5.4% CAGR and reach US$4.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Ostomy Care Accessories segment is readjusted to a revised 6.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $926.9 Million, While China is Forecast to Grow at 8% CAGR

The Stoma/Ostomy Care Products market in the U.S. is estimated at US$926.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$573.8 Million by the year 2030 trailing a CAGR of 8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.

Select Competitors (Total 48 Featured) -

• ALCARE Co., Ltd.
• Braun Melsungen AG
• Coloplast A/S
• ConvaTec Group Plc.
• Cymed
• Hollister Inc.
• Marlen Manufacturing & Development Co.
• Nu-Hope Laboratories
• Perma-Type Company, Inc.
• Salts Healthcare
• Welland Medical Ltd

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of Covid-19 and a Looming Global Recession
• The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed in 2021?
• How Fast the World is Vaccinated Will Determine How Soon the Pandemic Will End: Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
• Progress on Vaccinations, Why Should Businesses Care?
• With IMF's Upward Revision of Global GDP Forecasts for 2021, Most Companies Are Bullish About a Global Economic Comeback.
• A Strong 2021 Economic Rebound Based On Pent-Up Demand Comes as a Relief for Suffering Industries & Markets: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
• How the Healthcare Industry Has & Continues to be Impacted by the Pandemic & What's the New Normal?
• With the COVID-19 Pandemic Exposing Global Healthcare Unpreparedness, There is Increasing Policy Led Focus on Rebooting Health Systems Worldwide: Current & Required Healthcare Spending as % of GDP
• COVID-19 Impact on Ostomy Care
• A Prelude to Ostomy Care Products
• Ostomy Prevalence Worldwide (% Share) by Type of Stoma: 2020
• Ostomy Prevalence among Young and Elderly Population by Stoma Type: 2020
• Ostomy Prevalence Rate by Disease Type: 2020
• Ostomy Care Products Market Set to Witness Rapid Growth Post COVID-19
• Ostomy Market: 5-year Relative Survival Rate (%) by Year of Diagnosis for Colorectal Cancer and Bladder Cancer
• Ostomy Care Bags Constitute the Largest Segment
• Key Market Drivers & Restraints for Ostomy Bags
• Ostomy Bag Usage Rate (Units per month per Patient)
• Ostomy Care Accessories Market on Growth Trajectory; Exhibit Fastest Growth Rate
• Ostomy Flat Vs. Convex Appliances
• Ostomy Appliance Usage by Appliance Type: 2020
• Europe, the Most Dominant Regional Market with Largest Share
• Home Care Dominates the Market
• Consistent Focus on Product Innovation Augments Market Growth
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• COMPETITION
• Stoma/Ostomy Care - Global Key Competitors Percentage Market Share in 2022 (E)
• Coloplast Leads the Ostomy Care Products Market
• Launch of Sensura Mio Convex Provides a Competitive Edge to Coloplast
• Coloplast Expands SenSura Mio Range with New Ostomy Care Products
• Brava Protective Seal
• SELECT WORLD BRANDS

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Growing Aging Population - A Key Growth Driver
• Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
• Rising Incidence of Colorectal Cancer, Bladder Cancer, and IBD and Drives the Need for Ostomy Care Products
• Inflammatory Bowel Diseases: Incidence Statistics
• Total Number of Adults in the US with Ulcerative Colitis or Crohn's Disease: 2015 to 2016
• Annual Growth Rate of Crohn's Disease Diagnosed Prevalent Cases Estimates by Major Markets: 2016-2026
• Product Innovations and Advancements to Spur Market Expansion
• Select Ostomy Care Innovations
• Alfred SmartBag
• Ostoform Seal
• SphinX
• StomaLife
• Transcutaneous Implant Evacuation System (TIES)
• Self-Sealing Therapy Ostomy Pouch (S2TOP)
• SenSura Mio Concave System
• Increasing Access to Healthcare in Emerging Regions
• Rising Middle Class Population Aids Growth
• Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
• Increasing Obesity Levels Propels Market Growth
• Global Obesity Epidemic: Percentage of Overweight, Obese, and Severely Obese Adults for 2014 & 2025
• Severely Obese Population (in Thousands) Worldwide by Country: 2014 & 2025
• Patient Retention Programs by Major Ostomy Players to Increase Products' Sales
• Favorable Reimbursements in Developed Markets
• Rising Online Sales of Ostomy Products
• Market Restraints
• Skin Irritation and Other Issues Related with Ostomy
• Global Drive for Earlier Diagnosis and Treatment

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

A selection of companies mentioned in this report includes

• ALCARE Co., Ltd.
• Braun Melsungen AG
• Coloplast A/S
• ConvaTec Group Plc.
• Cymed
• Hollister Inc.
• Marlen Manufacturing & Development Co.
• Nu-Hope Laboratories
• Perma-Type Company, Inc.
• Salts Healthcare
• Welland Medical Ltd

For more information about this report visit https://www.researchandmarkets.com/r/tljlxk

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