The Global Ostomy Care and Accessories Market Is Growing At A CAGR Of 4.47% During The Forecast Period

As per study of Zion Market Research study, Ostomy Care and Accessories industry accrued revenue of nearly US$ 3.58 billion in 2023 and is anticipated to garner earnings of nearly US$ 5.31 billion by 2032. Moreover, Ostomy Care and Accessories market is prognosis to record CAGR of nearly 4.47% in 2024-2032.

Furthermore, growth of ostomy care and accessories market over assessment period is subject to rise in awareness about medical devices such as ostomy care and accessories in healthcare sector. Apart from this, burgeoning aging populace prone to chronic disorders will proliferate expansion of ostomy care and accessories market over forthcoming years. As per American Medical Association, number of ostomy methods is more in aging populace as compared to adults. For the record, patients over seventy years of age have history of undergoing permanent ostomy methods as compared to young persons. This will drive business trends. Apart from this, innovations in ostomy care items are predicted to steer expansion of ostomy care and accessories market. Furthermore, launching of proficient & suitable pouching tools & related accessories is projected to enhance quality of life of ostomy subjects. This will prop up growth of ostomy care and accessories industry in forthcoming years.

Ostomy Bags Segment To Lead Product Landscape Over 2024-2032?

Growth of ostomy bags segment over forecast timespan can be credited to massive use of medical equipment in colostomies, urostomies, and ileostomies. In addition to this, rise in occurrence of bladder cancer, radiation injury, urinary continence, and spinal cord damages will steer segmental growth. As per CDC reports, average cost of hospitalization in the U.S. for Crohn’s disorder & ulcerative colitis in 2020 were nearly US$ 11,000 and US$ 13,000 respectively, thereby contributing lucratively towards segmental growth in the country.

North America To Make Notable Contributions Towards Overall Market Size By 2032

Growth of ostomy care and accessories market in North America over forecast period is subject to rise in occurrence of urinary incontinence and urinary retention in the countries such as the U.S. In addition to this, increment in number of aging population impacted due to bladder issues and diverticular ailments is predicted to steer growth of ostomy care and accessories market in North America over forecast timespan. Apart from this, surge in patient population affected due to urological problems will steer growth of ostomy care & accessories industry in North America over assessment period.

Key players profiled in report and influencing growth of ostomy care and accessories market are The 3M Company, Coloplast A/S, B. Braun,  Alcare, Nu-Hope Laboratories, Inc., Welland Medical Limited, BAO-Health Medical Instrument Co. Ltd., Smith & Nephew Plc, Flexicare Medical Ltd. ConvaTec Group plc, Schena Ostomy Technologies, Inc., and Hollister Incorporated.

Browse the full “Ostomy Care and Accessories Market - By Product (Ostomy Care Bags and Ostomy Care Accessories), By Application (Sealing, Lubrication, Drainage, and Cleansing), And By End-User (Home Care, Hospitals, and Ambulatory Surgical Centers): Global Industry Perspective, Comprehensive Analysis And Forecast, 2024-2032?.” Report at https://www.zionmarketresearch.com/report/stoma-care-ostomy-care-accessories-market

The global Ostomy Care and Accessories Market is segmented as follows:

By Product

• Ostomy Care Bags
• Ostomy Care Accessories

By End-User

• Home Care
• Hospitals
• Ambulatory Surgical Centers

By Application

• Sealing
• Cleansing
• Lubrication
• Drainage

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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