Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.58 Billion | USD 5.31 Billion | 4.47% | 2023 |
According to Zion Market Research, the global Ostomy Care and Accessories Market was worth USD 3.58 Billion in 2023. The market is forecast to reach USD 5.31 Billion by 2032, growing at a compound annual growth rate (CAGR) of 4.47% during the forecast period 2024-2032.
The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Ostomy Care and Accessories Market industry over the next decade.
An ostomy is a term referred to surgical procedures which allow the passage of body waste through a surgically created aperture or stoma into a prosthetic bag or a pouch which is placed outside the body. It is also known as continent diversion surgery and can be performed on patients of all age groups. Ostomy procedures are performed on patients suffering from medical illnesses like cancer, diverticulitis, birth defects, inflammatory bowel disease, and incontinence. This procedure is also performed on patients who are suffering from pelvic trauma and severe abdominal disorders caused due to severe injuries and/or accidents.
Technological innovations, rising ostomies among the geriatric population, and increasing incidences of gastrointestinal diseases and bladder cancers across the globe are some of the major factors increasing the demand for ostomy care accessories market. Moreover, raising awareness through a number of campaigns about ostomy and its care are expected to propel the demand for this market. Some of the major trends of the market include increasing partnership between manufacturers and distributors, growing market share of domestic players, increased sales through online sales, extensive R&D activities, and reducing operating cost by moving production to countries with low labor costs. But, unfavorable reimbursement scenario and rising pricing pressure in some of the underdeveloped countries are factors which are likely to hamper the market growth of ostomy care accessories.
There has been increase in number of ostomy carriers, stomata, and stoma. They are referred to as structures connected to hollow-organs post ostomy surgery. Need for ostomy care has arisen from surging population having stoma. Moreover, one of the common ailments that require ostomy surgery is colorectal cancer and this is likely to translate into massive demand for ostomy care and accessories. In addition to this, ostomy care includes utilization of ostomy bags for patients in last or advanced phase of colorectal cancer & inflammatory bowel disorders forced to live in stoma for elongated timespan.
Growing occurrence of colorectal cancer is a key factor driving growth of ostomy care and accessories market. Furthermore, rise in wear period of ostomy in patients with intestinal stomato has enhanced complications in patients, thereby elevating scope of growth of ostomy care and accessories market over ensuing years. Surge in cases of skin cancer is a major factor eliciting ripples of growth in ostomy care and accessories market. Rise in number of ostomy product manufacturers have come out of with new portable tools that can be utilized for cleansing ostomy bags, thereby driving market trends. Launching of new technologies such as mHealth and medical sensor products such as wearable devices has enlarged scope of ostomy care and accessories industry.
The ostomy care and accessories market are segmented based on product type, application, and end-user.
Based on product type, the market is segmented into ostomy care accessories and ostomy care bags. The ostomy care bags are further segmented into surgery type which includes ileostomy, colostomy, urostomy, and other surgeries and by pouches. The ostomy care accessories market is further segmented into creams, cleansers, pastes and powders, tapes, and other accessories.
The application segment is divided into sealing, cleansing, lubrication, and drainage.
The end-user segment is divided into home care, hospitals, and ambulatory surgical centers.
Report Attributes | Report Details |
---|---|
Report Name | Ostomy Care and Accessories Market |
Market Size in 2023 | USD 3.58 Billion |
Market Forecast in 2032 | USD 5.31 Billion |
Growth Rate | CAGR of 4.47% |
Number of Pages | 187 |
Key Companies Covered | Coloplast A/S, Alcare, Nu-Hope Laboratories, Inc., Welland Medical Limited, BAO-Health Medical Instrument Co. Ltd., Flexicare Medical Ltd., Schena Ostomy Technologies, Inc., The 3M Company, Smith & Nephew Plc, ConvaTec Group plc, B. Braun, and Hollister Incorporated |
Segments Covered | By Product, By End-User, By Application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America To Contribute Majorly Towards Regional Market Size By 2032
Growth of ostomy care and accessories market in North America over forecast timespan is subject to rise in incidence of urinary retention, urinary incontinence, and increase in proportion of elderly population affected due to bladder problems & diverticular disorders. For the record, nearly over 4 lac persons in the U.S. make utilization of stoma and nearly more than 1 lac new ostomy surgeries are performed each year. Reportedly, rise in patients affected due to urological problems in the U.S. will prompt growth of ostomy care and accessories market in North America.
Key players profiled in report and impacting growth of ostomy care and accessories industry are:
By Product
By End-User
By Application
By Region
FrequentlyAsked Questions
Ostomy care and accessories refer to products and practices designed to support individuals with an ostomy, a surgical opening for waste elimination. Accessories include ostomy bags, skin barriers, adhesives, and deodorants to manage the stoma, protect skin, and ensure comfort and hygiene.
According to study, the Ostomy Care and Accessories Market size was worth around USD 3.58 billion in 2023 and is predicted to grow to around USD 5.31 billion by 2032.
The CAGR value of Ostomy Care and Accessories Market is expected to be around 4.47% during 2024-2032.
North America has been leading the Ostomy Care and Accessories Market and is anticipated to continue on the dominant position in the years to come.
The Ostomy Care and Accessories Market is led by players like Coloplast A/S, Alcare, Nu-Hope Laboratories, Inc., Welland Medical Limited, BAO-Health Medical Instrument Co. Ltd., Flexicare Medical Ltd., Schena Ostomy Technologies, Inc., The 3M Company, Smith & Nephew Plc, ConvaTec Group plc, B. Braun, and Hollister Incorporated.
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