[FURL=https://www.industryarc.com/Report/16807/stoma-care-ostomy-care-accessories-market.html?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Stoma Care/Ostomy Care and Accessories Market[/FURL] The stoma care/ostomy care and accessories market size is estimated to reach $4.43 billion by 2026 and is poised to grow at a CAGR of 4.8% over the forecast period of 2021-2026. Ostomy refers to the surgical procedure performed which results in a change in the way in which urine or stool exits one’s body. It is done owing to various diseases such as colorectal cancer and others that ultimately force the bodily waste to get rerouted.Key Takeaways
Geographically, Europe’s stoma care/ostomy care and accessories market held a dominant market share. It is owing to the high prevalence of all diseases causes which in turn results and forces one to opt for ostomy. However, Asia-Pacific offers lucrative growth opportunities owing to an increase in the incidences of colorectal cancer, IBD, and many other medical conditions.
An increasing prevalence of Crohn’s disease along with the prevalence of colorectal cancer are some of the drivers for the following market.
However, the stigma regarding post-operative care result in infection and fatalities poses a grave market challenge.
A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the stoma care/ostomy care and accessories market report.
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Stoma Care/Ostomy Care and Accessories Market Segmentation Analysis- By Geography
The stoma care/ostomy care and accessories market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. Europe’s stoma care/ostomy care and accessories market held a dominant market share of 35% as compared to the other regions. It is owing to the overall high prevalence of IBD and other ailments in the following region. Moreover, around 0.2% of the population currently have IBD.
Stoma Care/Ostomy Care and Accessories Market Drivers
The increase in the geriatric population will supplement the growth of stoma care/ostomy care and accessories market
The increasing prevalence of colorectal cancer, IBD, and other allied diseases have supplanted the growth in market
Stoma Care/Ostomy Care and Accessories Market Competitive Landscape
The top 10 stoma care/ostomy care and accessories market companies are Coloplast A/S, Hollister Incorporated, ConvaTec Group, B. Braun,
ALCARE Co., Ltd, Nu-Hope, Marlen Manufacturing & Development Company, Welland Medical Limited, Baohe Ostomy Care, Flexicare Medical Limited
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