The global ostomy care and accessories market size was US$ 3.0 billion in 2020. The global ostomy care and accessories market size is forecast to reach US$ 4.8 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.5% during the forecast period from 2022 to 2030.
An ostomy, also known as a stoma, is a surgically constructed artificial opening in the abdomen that allows waste to remove. A portion of the intestine is surgically rerouted through a hole (stoma) in the abdominal wall through colostomy, ileostomy, or urostomy. In addition, it allows the patient to evacuate body wastes such as urine, mucus, and feces. In order to collect these wastes, ostomy drainage bags or pouches are employed. Additionally, various ostomy attachments are used to keep the bag in place and prevent leakage and skin irritation.
Factors Influencing Market Growth
Among the factors driving the global market include technical advances in ostomy products for the production of efficient, skin-friendly, durable, reusable, waterproof, and economical bags.
The growing government and non-government organizations (NGOs)initiatives to encourage awareness about ostomy care fuel the global market growth.
Adverse reimbursement, rising incidence of post-surgery infections, and stoma care difficulties such as skin irritation and dehydration may slow down the overall market growth.
The opening of new ostomy bags & accessories in developing nations is forecast to offer lucrative opportunities for the global market during the forecast period.
Impact Analysis of COVID-19
The COVID-19 pandemic had a negative impact on the global market growth. Several governments implemented a lockdown in order to prevent the spread of the deadly virus. This led to the closure of various non-essential clinics and hospitals. In addition, as per governments instructions, hospitals and clinics were focusing on treating COVID-19 patients. As a result, ostomy surgeries had to stop, resulting in less demand for ostomy care and accessories.
Regional Insights
Europe garnered the elevated ostomy care and accessories market share in 2021 and is forecast to remain dominant during the forecast period. As a result of the growing geriatric population, the majority of IBDs, expansion of new ostomy products, large leading players existence, and rising healthcare expenditure in the region.
The Asia Pacific region is forecast to have lucrative growth during the forecast period. As a result of the growing healthcare expenditure, a large patient population, and a surge in disposable incomes.
Leading Competitors
The leading prominent companies profiled in the global ostomy care and accessories market are:
3M Company
Alcare Co., Limited
B. Braun Melsungen AG
Clinimed Group (Welland Medical Limited)
Coloplast A/S
Cymed Micro Skin
Hollister Incorporated
ConvaTec, Incorporated
Smith and Nephew Plc.
Torbot Group Incorporated
Other Prominent Players
Scope of the Report
The global ostomy care and accessories market segmentation focus on Product, Application, End-User, and Region.
Segmentation based on Product
Ostomy Bags
Ostomy Accessories
Segmentation based on Application
Ileostomy
Urostomy
Colostomy
Segmentation based on End-User
Hospitals and Clinics
Ambulatory Surgical Centers
Home Care Settings
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Meta Title: Ostomy Care and Accessories Market Size, Share, Insight and Forecast 2022 To 2030
Meta Description: Global Ostomy Care and Accessories Market is projected to reach US$ 4.8 billion by end of 2030 from US$ 3.0 billion in 2021, at a CAGR of 4.5%
Meta Keywords: ostomy care and accessories market Size, ostomy care and accessories market share, ostomy care and accessories market trend, ostomy care and accessories market Forecast, ostomy care and accessories market insight