Global Ostomy Products Market 2024-2028
The ostomy products market is forecasted to grow by USD 1095.71 mn during 2023-2028, accelerating at a CAGR of 5.25% during the forecast period. The report on the ostomy products market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising number of chronic diseases and older population, rising strategic alliances among vendors, and growing adoption of ostomy bags.
Technavio's ostomy products market is segmented as below:
By Product
- Colostomy bags
- Ileostomy bags
- Urostomy
- Ostomy care accessories
By End-user
- Healthcare settings
- Retail stores
- Homecare settings
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the high growth potential in emerging countries as one of the prime reasons driving the ostomy products market growth during the next few years. Also, rise in supply chains and e-commerce sales and rising focus of companies on fashionable products will lead to sizable demand in the market.
The report on the ostomy products market covers the following areas:
- Ostomy products market sizing
- Ostomy products market forecast
- Ostomy products market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ostomy products market vendors that include 3M Co., AdvaCare Pharma, ALCARE Co. Ltd., B.Braun SE, Coloplast AS, ConvaTec Group Plc, CYMED, Flexicare Group Ltd., Fortis Medical Products, Henkel AG and Co. KGaA, Hollister Inc., Marlen Manufacturing & Development Co., Nu Hope Laboratories Inc., Perfect Choice Medical Technologies, Perma-Type Company Inc., Safe n Simple LLC, Salts Healthcare Ltd., Schena Ostomy Technologies Inc., TG Eakin Ltd., and Torbot Group Inc.. Also, the ostomy products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.