Occupational Health Market |
Ostomy care accessories help ostomy patients effectively manage their stoma and surrounding skin areas. Items like ostomy bags, cleansers, and accessory bags meet the unique needs of each ostomy patient by safely collecting and containing digestive waste from the stoma. The rising prevalence of ostomy-requiring conditions like inflammatory bowel disease, colorectal cancer, and injuries has increased demand for these specialized products. The global Ostomy Care Accessories Market is estimated to be valued at US$ 4.26 Bn in 2024 and is expected to exhibit a CAGR of 10.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends driving growth in the ostomy care accessories market is
increasing adoption of one-piece ostomy bags. One-piece bags offer leak-free
operation, discretion, and simpler application compared to two-piece systems.
Their ease of use has made one-piece bags especially popular among younger
ostomy patients. Manufacturers are focusing on developing thinner and more
skin-friendly materials for one-piece bags that enhance comfort and
self-esteem. Rising consumer preference for one-piece bags over traditional
two-piece systems has significantly boosted the market's growth over the
forecast period.
Segment
Analysis
The global ostomy care accessories market is dominated by the protective
equipments segment. Protective equipments such as ostomy belts, bags, pouches,
and flanges are consumed in large volumes as they are essential for ostomy
patients and need to be replaced regularly. Protective equipments provide
leakage protection and skin protection to ostomy patients. Their widespread use
has made this segment the dominant segment in the global ostomy care
accessories market.
Key Takeaways
The global Ostomy
Care Accessories Market is expected to witness high growth over the
forecast period of 2024 to 2031.
North
America currently dominates the market due to high awareness about ostomy care
accessories and presence of supportive organizations. The region has the
highest number of ostomy surgeries performed annually and is expected to
continue dominating the market in coming years.
Europe is the second largest and a significant market for ostomy care
accessories. The growing elderly population and rising number of patients
undergoing gastrointestinal procedures has been driving the European market.
However, Asia Pacific is projected to witness the highest growth during the
forecast period supported by growing patients' population, increasing
healthcare expenditure, and rising awareness.
Key players operating in the ostomy care accessories market are PPG Industries
(US), Sherwin-Williams Company (US), Kukdo Chemical Co., Ltd. (South Korea),
Nukote Coatings Systems (US), and VIP GmbH (Germany). These players are
focusing on new product launches, expansion in emerging markets and
partnerships with medical services providers to gain more market share.
For more insights, read- https://www.newsstatix.com/ostomy-care-accessories-market-trends-size-and-share-analysis/
For more details on the report, Read- https://dailynewsmotion.weebly.com/report-blog/plant-based-meat-market-is-estimated-to-witness-high-growth-owing-to-opportunity
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