Stoma Care/Ostomy Care Industry is expected to reach USD 3.41 billion by 2021 from USD 2.62 billion in 2016 at a CAGR of 5.4% from 2016 to 2021. The Stoma Care/Ostomy Care Industry report offers a qualitative ostomy care market analysis that identifies rising aging population growth in the number of ostomy surgeries because of escalating incidence of bowel/bladder cancer and Crohn’s disease, growth in awareness towards ostomy care products and technological advancements. Alternatively, unstable reimbursement systems are estimated to restrain the market growth during the forecast period.
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This report categorizes ostomy care market overview into the following segments:
Stoma Care/Ostomy Care Industry, By Product
By Type Of Procedure
- Continent Ileostomy bags
- Ileostomy bags
- Colostomy bags
- Urostomy bags
- Continent Urostomy bags
By Type of Bag
- Paste and Powder
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The key players in the Stoma Care/Ostomy Care Industry are
- Coloplast (Denmark),
- Convatec (U.S.),
- Hollister (U.S.),
- Braun (Germany),
- Alcare (Japan),
- Marlen Manufacturing (U.S.),
- 3M (U.S.),
- Smith & Nephew (U.K.),
- Nu-Hope Laboratories (U.S.).
Stoma Care/Ostomy Care Industry, by Region
- North America
- Rest of the World (RoW)
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The Stoma Care/Ostomy Care Industry report presents a detailed ostomy care market overview stating the various observations that are drawn from the detailed market segmentation thus based on type of procedure, the colostomy bags segment is estimated to hold for the largest share of the ostomy care bags market.
The report suggests that as part of the regional ostomy care market analysis the market is led by Europe, followed by North America, Asia, and the Rest of the World (RoW). Growth in the European segment is chiefly driven by the upsurge in incidences of colorectal cancer, bladder cancer, and IBD (inflammatory bladder disease) and well-defined and administered reimbursement systems in European countries.
Research Methodology used
The Stoma Care/Ostomy Care Industry report offers a thorough market study by the incorporation of both secondary sources for the collection of data which is verified by extensive primary interviews by key personnel from the core industry, subject matter experts as well as preferred distributors and suppliers for a comprehensive business insight into the market
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The Stoma Care/Ostomy Care Industry report offers details like the recent financials, business overview, products and services offerings, strategic allinaces like mergers and acquisitions, joint ventures, collaboration and new product launch and development that can have a lasting impact on the future of the ostomy care industry.The above-mentioned market research data, current ostomy care market size, and forecast of future trends will help key market players and new entrants make the relevant decisions regarding product offerings, geographic focus, changes in strategic approach, and levels of output in order to remain successful in the market.
The report is supported by an exhaustive list of figures and tables that can be used by established players and new entrants planning a foray in the market.
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