Stoma Care/ Ostomy Care and Accessories Market: Competitive Analysis and Global Outlook 2021-2026
The Market report provides critical insights on the market size, share, trend, forecasts, and opportunity analysis.
Stratview Research has published a new report titled “Stoma Care/ Ostomy Care and Accessories Market” which is segmented By Product (Bags, Accessories), Application (Ileostomy, Colostomy, Urostomy), End User (Home Care Settings, Hospitals & Ambulatory Surgical Centers, Others), and Region.
As per the study, the Stoma Care/ Ostomy Care and Accessories Market is projected to grow from USD 2.9 billion in 2020 to USD 3.8 billion by 2026 at a CAGR of around 4.7% during the forecast period.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
By end-user, the stoma care/ ostomy care and accessories market has been bifurcated into home care settings, hospitals & ambulatory surgical centers, and others. The hospitals & ambulatory surgical centers segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to the presence of established infrastructure and skilled healthcare staff.
By region, the North American market accounted for the largest market share in 2020 and is projected to grow at a robust CAGR during the review period. This can be attributed to rising demand for advanced stoma/ostomy care products coupled with expanding geriatric populace and the presence of key market players such as Hollister Co. (US) and The 3M Company (US). The market growth in Asia-Pacific is expected to be driven by increasing spending on healthcare infrastructure development coupled with rising cases of urinary tract disorders.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Stoma Care/ Ostomy Care and Accessories Market:
· ConvaTec Group plc (UK)
· Coloplast A/S (Denmark)
· Hollister Co. (US)
· B. Braun (Germany)
· Alcare Chemicals India Private Limited (India)
· Nu-Hope Laboratories Inc. (US)
· Marlen Manufacturing & Development Company (US)
· Welland Medical Ltd (UK)
· Flexicare Medical Ltd (UK)
· Cymed (US)
· Perma-Type Co Inc (US)
· The 3M Company (US)
· Smith & Nephew plc (UK).
Key questions answered by the report
- What is the projected CAGR for revenue from the Stoma Care/ Ostomy Care and Accessories Market during the forecast period?
- What would be the market be valued at by 2026?
- What is a major driving factor for growth of the market?
- Which region accounted for largest revenue share in the Stoma Care/ Ostomy Care and Accessories Market?
- Which are the major market players?
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