The latest report on Ostomy Care Accessories Market (by products (bags and accessories), by end user (ambulatory surgical centers, homecare settings, hospitals and some others)) provides complete and deep insights into the market dynamics and growth of ostomy care accessories industry. Latest information on market risks, industry chain structure ostomy care accessories cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential ostomy care accessories growth factors. The global ostomy care bags and accessories market was worth USD 2304.7 million in 2017 and it is projected to reach to USD 3094.9 million in 2024, expanding at a CAGR of 4.33% between 2018 and 2024.
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Growing Awareness about Ostomy Among the End Users and Customers is Projected to Further Drive the Market for Ostomy Care Accessories
Globally, the rise in geriatric population in major regions such as North America, Europe and the Middle East and some countries in the Asia-Pacific region is likely to augment the market size of ostomy care accessories and bags market, as the geriatric population is more susceptible to disorders of urinary and digestive systems, and bowel cancer. Moreover, growing awareness about ostomy among the end users and customers is projected to further drive the market for ostomy care accessories over the years to come. On the other side, the global ostomy care market is restrained by factors such as availability of other treatment methods and discomfort of using ostomy bags among the patients.
Moreover, Emerging economies of Asia, Latin America and Africa to provide more opportunities on the backdrop of economic development, technological advancements and R&D spending by companies in ostomy care segment and Government initiatives to promote compensation for ostomy surgeries to provide opportunities for the companies operating in the ostomy care market are expected to provide more opportunities for the companies in ostomy care market. EMEA dominates the world ostomy care bags and accessories market in terms of dollar share, while Asia-Pacific is anticipated to grow at a CAGR of X.X% over the forecast period.
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Segments of the Ostomy Care Accessories Industry
The report segments the global ostomy care market by product, procedure, end user, and region. On the basis of product, the market is segmented as bags and accessories. On the basis ofprocedure, the global ostomy care market is segmented as colostomy, Ileostomy, and urostomy. Furthermore, based on end user, the market is segmented as ambulatory surgical centres, homecare settings, hospitals and some others.
Key Players in the Ostomy Care Accessories Industry
The companies covered in the report include Alcare, B. Braun Melsungen AG, Coloplast Corp, Convatec, Smith & Nephew, Hollister, Marlen Manufacturing, 3M, Nu-Hope Laboratories, and Other Companies.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the ostomy care accessories.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research– Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.