Stoma Care/Ostomy Care and Accessories Market - Industry Analysis, Market Size, Share, Trends, Growth And Forecast 2020 - 2025

Report Code: HCR 0538 Report Format: PDF + Excel (Delivery in 48 Hrs)
Stoma Care/Ostomy Care and Accessories Market Overview
Stoma Care/Ostomy Care and Accessories Market size is estimated to reach $3.55billion by 2025 and is poised to grow at a CAGR of 4.8% during the forecast period 2020-2025. A stoma/Ostomy is an opening in the front of the abdomen that the surgeon makes with surgery. The Stoma Care / Ostomy care and accessories market includes products such as bags and accessories. The ostomy bag is attached to the patient's skin with skin adhesives and is used as a container to collect urine or feces after an ureterostomy, colostomy, or ileostomy. The increasing incidence of colon and bladder cancer is set to increase market demand for Stoma Care/Ostomy Care and Accessories Market over the forecast period (2020-2025).

Stoma Care/Ostomy Care and Accessories Market Report Coverage
The report: “Stoma Care/Ostomy Care and Accessories Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Stoma Care/Ostomy Care and Accessories Market. 
By Product Type: Bags and Accessories.
By Surgery Type: Colostomy, Ileostomy, and Urostomy.
By End-Use: Homecare Settings, hospitals and others.
By Geography: North America, Europe, Asia-Pacific, and Rest of World.

Key Takeaways
  • Geographically, Europe dominates the global Stoma Care/Ostomy Care and Accessories market during the forecast period owing to the factors such as chronic intestinal diseases, increased adoption of technologically advanced products in the region.
  • The growing prevalence of inflammatory bowel disease and the rising cost of health care in ostomy are the factors that are driving the global Stoma Care/Ostomy Care and Accessories market over the forecast period (2020-2025).
  • The lack of reimbursement of stoma care bags and the weak economies of developing regions are projected to have a negative impact on the global stoma care market over the forecast period.
  • Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Stoma Care/Ostomy Care and Accessories Market report.

By Product Type- Segment Analysis
The global Stoma Care/Ostomy Care and Accessories market based on the Product type has Bags and Accessories. Accessories are set to be the fastest growing segment over the forecast period (2020-2025). They can help prevent odors, leaks and skin rashes. The accessories segment also includes customized solutions for individual needs or body shape. The ostomy bag segment is projected to have a significant market share during the forecast period owing to the increase in the number of patients who have undergone ostomy surgeries, technological advances in the segment and an efficient reimbursement system in developed countries.

By End-Use – Segment Analysis
Based on End-Use, the market is classified into Homecare settings, Hospitals and others. Home care accounted for the largest share of the stoma care and accessories market in 2019 and is set to grow forecast period. An increase in the demand for home health care is set to lead this segment. Home care settings Continue ostomy care by trained nurses. Growing preference for home care settings and availability of trained nurses in the developed and emerging countries are set to drive the market over forecast period (2020-2025).

By Geography - Segment Analysis
Europe has dominated the market in the year 2019, and is set to continue significant growth in the forecast period (2020-2025). This is owing to the increasing incidence of intestinal diseases and knowledge of stoma treatment or stoma surgeries. Increasing incidence of Bowel diseases is one of the major factor driving the market in Europe. North America is set to be the second largest market for stoma care accessories over the forecast period (2020-2025), owing to a growing geriatric population, increasing investment in R&D activities and an increasing number of patients with intestinal disorders in the region.

Drivers – Stoma Care/Ostomy Care and Accessories Market 
  • Rising Geriatric Population
The growing geriatric population is considered a major factor in the growth of the global Stoma Care/Ostomy Care and Accessories market owing to the high incidence of bladder and colon cancer among geriatric individuals. However, rising health care expenditures and increasing development of new products in the field of ostomy care are set to boost the global Stoma Care/Ostomy Care and Accessories market over the forecast period.

Challenges – Stoma Care/Ostomy Care and Accessories Market
  • Lack of Reimbursement
The main challenge of this market is the cost of acquiring the Stoma Care/Ostomy Care and Accessories. The lack of refunds for stoma care bags and weak economies in developing regions are set to negatively affect the global market for stoma care and accessories over the forecast period. At the same time, the inconvenience associated with the use of stoma bags and other issues, as well as the increasing introduction of alternative treatments, are the main factors limiting the market growth.

Stoma Care/Ostomy Care and Accessories Market Industry outlook:
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Stoma Care/Ostomy Care and Accessories Market. Key companies of this market include Coloplast A/S, Hollister Incorporated, ConvaTec Group plc, B. Braun, ALCARE Co., Ltd., Nu-Hope, Marlen Manufacturing & Development Company, Welland Medical Limited, Baohe Ostomy Care, Flexicare Medical Limited, Cymed, Schena Ostomy Technologies, Inc.

Acquisitions/Product Launches:
  • In July 2019, Coloplast A / S launched SenSura Mio Baby and SenSura Mio Kids Products. 
  • In May 2019, Welland Medical has launched Aurum’s skin-friendly ostomy product line in Sweden at the Swedish ET Nursing Congress in Malmo.
1. Stoma Care/Ostomy Care and Accessories Market - Overview
    1.1 Definitions and Scope
2. Stoma Care/Ostomy Care and Accessories Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Product
    2.3 Key trends by Surgery Type
    2.4 Key trends by End-Use
    2.5 Key trends by Geography
3. Stoma Care/Ostomy Care and Accessories Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies 
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Stoma Care/Ostomy Care and Accessories Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Stoma Care/Ostomy Care and Accessories Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Stoma Care/Ostomy Care and Accessories Market - Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Stoma Care/Ostomy Care and Accessories Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Stoma Care/Ostomy Care and Accessories Market – By Product (Market Size – $Million/$Billion)
    8.1 Bags
        8.1.1 One Piece
        8.1.2 Two Piece
    8.2 Accessories
        8.2.1 Seals/Barrier Rings
        8.2.2 Pouch Cover
        8.2.3 Pouch Closure
        8.2.4 Stoma Caps/Hat
        8.2.5 Others
9. Stoma Care/Ostomy Care and Accessories Market – By Surgery Type (Market Size – $Million/$Billion)
    9.1 Colostomy
    9.2 Ileostomy
    9.3 Urostomy
10. Stoma Care/Ostomy Care and Accessories Market – By End-Use (Market Size – $Million/$Billion)
    10.1 Home care settings
    10.2 Hospitals
    10.3 Others
11. Stoma Care/Ostomy Care and Accessories Market - By Geography (Market Size – $Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 U.K.
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia-Pacific
    11.4 Rest of the World
        11.4.1 Middle East
        11.4.2 Africa
        11.4.3 South America
12. Stoma Care/Ostomy Care and Accessories Market - Entropy
13. Stoma Care/Ostomy Care and Accessories Market – Industry/Segment Competition Landscape Premium 
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Countries – Key Companies
        13.1.4 Best Practices for Companies
14. Stoma Care/Ostomy Care and Accessories Market – Key Company List by Country Premium Premium
15. Stoma Care/Ostomy Care and Accessories Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
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