Over the years, there has been rise in numbers of ostomy carriers, or stomata or stoma as these are variously called, the structures that are attached to hollow organs after ostomy surgeries.
Over the years, there has been rise in numbers of ostomy carriers, or stomata or stoma as these are variously called, the structures that are attached to hollow organs after ostomy surgeries. The drive for ostomy care or stoma care has stemmed from the growing population living with stoma. A life-changing event as it is, stoma has also been associated with range of complications, affecting the general quality of life. One of the most common diseases that need ostomy surgeries is colorectal cancer patients. While the use of ostomy bags may be for a temporary period, some, notably with advanced colorectal cancer and inflammatory bowel diseases, may have to live with stoma for a long duration of their life. Thus, ostomy care and accessories have generated substantial market prospects. Ostomy surgeries majorly relate to the following product categories: colostomy (large bowel), ileostomy (small bowel), and urostomy (bladder).
The current study on global ostomy care and accessories market strives to evaluate the key growth parameters, trends influencing the demand and uptake, and factors defining the competitive dynamics. The data-backed insights are expected to be sought by industry players to gain an understanding of the market’s development during 2020 – 2030.
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Ostomy Care And Accessories Market: Key Trends
The worldwide prevalence of colorectal cancer is one of the key drivers for advancements in the ostomy care and accessories market. In countries where colostomy, ileostomy, and urostomy are common find the high average time patients wear stoma. Per an estimate published in an article in the NCBI, in the U.S. alone, the observed value is 4.8 days. As a matter of fact, the country has high incidence of colorectal cancer in both men and women.
Increase in wear time of ostomy among patients with intestinal stomata has also increased the risk of complications, thereby propelling the expansion of the ostomy care and accessories market. The marked degree of stoma relapse is another significant factor that has spurred the demand in the market. Some of the common complications are skin irritation, ulceration, and erosion. Demand for small-bowel ostomies as well as large-bowel ostomies have propelled the need for advancing care for the patients. Rise in incidence of bowel cancer is a key factor spurring these surgeries.
Ostomy Care And Accessories Market: Competitive Dynamics and Key Developments
Healthcare providers are ceaseless finding strategies and adopting technologies to mitigate the adverse health-related outcomes cause by the carriage of stoma. Some of the less quantifiable impacts pertain to low social adjustment, high fatigue due to leakage and pain, and the general loss of mobility due to low flexibility.
A growing number of ostomy products manufacturers have thus coming out with promising portable technologies that can be used for cleaning of ostomy bags. An unexploited novel technology is mHealth, and has recently attracted research and development funding. In one of the recent studies, a novel digital wearable has been tested in pilot studies, expanding the horizon in the ostomy care and accessories market. The pilot study in case is Ostom-i alert sensor.
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Some of the prominent manufacturers of ostomy products are;
- Salts Healthcare Ltd.
- Welland Medical Ltd.
- ConvaTec Group Plc.
- Hollister Incorporated
- B. Braun Melsungen AG
- Coloplast Corp.
Ostomy Care And Accessories Market: Regional Assessment
On the regional front, North America and Europe are promising regional markets. Extensive research and development efforts made by industry players are enriching the competitive dynamics in the market. Rise in number of ostomy surgeries in the U.S. has also bolstered potential revenues.
This study provides a particularized anatomy according to the L.E.A.P mechanism
- Latest trends and cardinal growth prospects
- Existing and future insights in growth
- Ascensions in technology
- Pain points
The regional analysis offers market assays across:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
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