Global Ostomy Care Accessories Market- Alcare, B.Braun, Coloplast Corp, Conva Tec
Global Ostomy Care Accessories Market is projected to reach USD X.xx billion by 2023, growing with a CAGR between 5.0% and 5.5% from 2016 to 2023.
Pune, India – July 6, 2017 /MarketersMedia/ —
Introduction:
Global Ostomy Care Accessories Market is a surgically created artificial opening on the wall of abdomen to discharge the wastes from either the bowel or the urinary tract in the body. Colonal cancer, Crohn’s disease, diverticulosis, rectum cancer, trauma, malformations by birth, injury to small and large intestines, and other complicated medical conditions lead to need for ostomy for medical treatment and further recovery.
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The global ostomy care market sized over USD 2.65 billion in 2016. The global ostomy care market is projected to reach USD X.xx billion by 2023, growing with a CAGR between 5.0% and 5.5% from 2016 to 2023. The steady increase in ostomy surgeries among the older population is expected to drive the ostomy care accessories market. Occurrences of more gastrointestinal diseases globally are increasing the demand for better post-surgery healthcare facilities and it is expected to boost the growth of the global ostomy care accessories market. Owing to the increasing occurrence of bladder cancer, bowel cancer, as well as Chrohn’s disease among people, the instances of ostomy surgeries increased significantly and it is driving the ostomy care accessories market.
Segments Covered:
The report segments the global ostomy care market by product, end user, and region. On the basis of product, the market is segmented as bags and accessories. Furthermore, based on end user, the market is segmented as ambulatory surgical centres, homecare settings, hospitals and some others.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. Europe is the largest ostomy care accessories market. The increase in ailments such as bladder cancer, colorectal cancer, and inflammatory bladder disease along with the well-established system for medical reimbursements drive the growth of the European ostomy care accessories market. Moreover, the presence of huge aging population drives the demand for ostomy care accessories. The increase in per capita income allows more people to afford ostomy care accessories in the North American region. Moreover, the aging population in the region require ostomy care accessories for safe bowel movements due to various health conditions. Asia-Pacific region is the fastest growing market, as there is increase in demand for access to better ostomy healthcare facilities in South Asian and East Asian countries.
The companies covered in the Global Ostomy Care Accessories Market report:
1) Alcare
2) B.Braun
3) Coloplast Corp
4) Conva Tec
5) Euromed Inc
6) Hollister
7) Marlen Manufacturing
8) 3M
9) Nu-Hope Laboratories
10) and Smith & Nephew.
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