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The Ostomy Care Accessories Market to Grow On a Supple Note (US$ 455 Million) From 2019 to 2029

August 2nd, 2021 Persistence Market Research Releases

The Global Ostomy Care Accessories Market Share is expected to be worth US$ 455 Million at a CAGR of 6.8% between 2019 to 2029. The present scenario is that of advanced features such as online bill pay, online appointment scheduling, lab results, and easily accessible medical records being incorporated in the healthcare vertical, which are expected to add to patients’ experience along with the effect of healthcare tools. This scenario is expected to continue in the upcoming period as well.

Recent advancements in ostomy care accessories have transformed them into small and portable wearable devices, improving standards of clinical care.

For instance, Ostom-iAlert Sensor, a clipped device from 11 Health Technologies Limited, uses a flexible sensor that provides a signal when the bag is full, through a notification on a smartphone.

Moreover, rising prevalence of gastrointestinal diseases, increasing ostomy surgeries of the bowel, and technological innovations are major factors driving the growth of the ostomy care accessories market. Rising awareness initiatives about ostomy through campaigns are anticipated to strengthen interest in developing economies, thereby boosting the growth of the global ostomy care accessories market.

Get Going With Sample Of Ostomy Care Accessories Market Report! https://www.persistencemarketresearch.co/samples/3200

Company Profiles

  • Coloplast A/S
  • Conva Tec Inc
  • Hollister Inc
  • EuroMed Inc (Scapa Group plc)
  • 3M Company
  • Smith & Nephew
  • FNC Medical
  • Nu-Hope Laboratories, Inc
  • Marlen Manufacturing & Development
  • Torbot Group Inc
  • Cymed Ostomy Co

The global ostomy care accessories market was valued at US$ 455 Mn in 2018, and is expected to exhibit a CAGR of 6.8% during the forecast period (2019-2029).

Key Takeaways of Ostomy Care Accessories Market Study

  • Demand for skin protection and skin barrier types of products is expected to gain traction during the forecast period, owing to the wide usage of these products as a remedy and prevention of peristomal skin complications.
  • Demand for skin-friendly and long wear time seals is constantly increasing across various end-use industries, due to which, the sealing segment is expected to contribute three-fourth market share in the ostomy care accessories market.
  • Preference for homecare settings is expected to increase significantly, owing to the availability of trained nurses and reduced emergency visits to hospitals.
  • Rise in prevalence of inflammatory bowel diseases, increasing number of ostomy procedures, and growing usage of ostomy care accessories contributed to the dominance of Europe in the global ostomy care accessories market.

How About Re-Inventing the Methodical Wheel in the Ostomy Care Accessories Market? Switch Over To The “Methodology” Tab! https://www.persistencemarketresearch.co/methodology/3200

“Technological innovations focused on reducing skin contamination and economic burden, are trending among manufacturers offering ostomy care accessories, which is expected to significantly benefit the market”, says a PMR analyst.

Product Launch – Key Strategic Focus of Ostomy Care Accessories Market Players

The ostomy care accessories market is characterized as a fragmented market. Some of the major players in the market are Coloplast Corp., Convatec, Inc., 3M, and Hollister Incorporated. Launch of technologically-advanced products is the key strategy being followed by these market players.  For instance, in 2017, Natura Convex Cut-to-Fit, launched by ConvaTech, Inc., allows easy switching to different types of pouches. Furthermore, easy application and easy cleaning of pouches result in less skin irritation to its users.

Keeping a Tab on Key Players in The Ostomy Care Accessories Market? Go To “Purchase Now” To Decipher The Competitive Analysis In Our Ostomy Care Accessories Market Report! https://www.persistencemarketresearch.com/checkout/3200

More Valuable Insights on Ostomy Care Accessories Market

Persistence Market Research brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each segment from 2014 to 2029. The global ostomy care accessories market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

 The study provides compelling insights on the ostomy care accessories market, on the basis of product type (belt tapes adhesives, skin protection and skin barriers, irrigation sets & sleeves, convex inserts, and stoma caps), application (sealing, drainage, cleansing, and lubrication), and end user (hospitals, ambulatory surgical centers, and home care settings), across five major regions.

Explore Extensive Coverage of Persistence Market Research’s Healthcare Industry

Related Reports:

Biologics Safety Testing Market:

According to Persistence Market Research, the global market for biologics safety testing is poised to grow at a robust pace during the forecast period, 2017-2022. Safety of biologics will continue to play a pivotal role in future drug developments, and products facilitating these tests will witness a significant uptake in the global pharmaceuticals industry. The report projects that by the end of 2022, the global biologics safety testing market will have reached a value of US$ 4,360 Mn.

 Sickle Cell Disease Treatment Market:

According to this report, the global sickle cell disease treatment market is projected to expand at a CAGR of 6.0 % in terms of value during the forecast period to reach US$ 584.0 Mn by 2025. There is an increased opportunity of the development of the global sickle cell disease treatment market due to drug approvals and drugs in the pipeline which are expected to enter the market in the coming five years.

Healthcare Quality Management Market:

The global healthcare quality management market is slated to touch a value of about US$ 3,100 Mn in the year 2022 and grow at a robust CAGR during the assessment period.

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Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.

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