Global Ostomy Market: Industry Analysis & Outlook (2017-2021)

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Industry Research by Koncept Analytics

Global Ostomy Market: Industry Analysis & Outlook ----------------------------------------(2017-2021) August 2017

Global Ostomy Market: Industry Analysis & Outlook (2017-2021)

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Executive Summary Ostomy is an opening surgery from the abdomen for the removal of the waste of body. An ostomy can be temporary or permanent depending upon the medical requirement. Conditions that require ostomy surgeries include cancer, trauma, inflammatory bowel disease, infection, fecal inconsistence and diverticulitis. Ostomy is classified into three types namely colostomy, ileostomy and urostomy. The market for ostomy is commonly called ostomy care and includes ostomy bags and accessories. Colostomy segment contributed significantly in the growth of ostomy market due to rise in awareness of ostomy care products and increased spending on health. Rising patient volume was attributable to increasing survival rate of bladder cancer patients as they require continuous ostomy care. Europe is the main contributor to the ostomy market with technological advancements and increasing cases of urinary bladder cancer and ageing population. The U.S. has great potential in the years ahead with rising awareness about treatment options of ostomy. In addition, favorable reimbursement policies would help in fuelling the market growth for ostomy in this region. The global ostomy market is expected to grow in future due to increasing ageing population, rise in health care expenditure, growing online sales, increasing life expectancy and rising prevalence of inflammatory bowel diseases. Key trends of this market include healthy reimbursement landscape of developed countries, launch of new products and awareness regarding ostomy treatments. However, there are some factors which can hinder the growth of ostomy market which includes reimbursement system in emerging countries and complications related to ostomy bags. The report “Global Ostomy Market: Industry Analysis & Outlook (2017-2021)� by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the market, covering Europe and North America region along with the global market. The report profiles the key players of the market including Coloplast, ConvaTec, B.Braun and C.R. Bard.

Global Ostomy Market: Industry Analysis & Outlook (2017-2021)

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Rising ageing population and increasing health care expenditure supported the growth of Ostomy market.

US$ Billion

Global Ostomy Market Forecast by Value (2017-2021)

2017

2018

2019

2020

The global Ostomy market is estimated to reach US$ ..billion by the year 2017, and would reach US$ ..billion by the year 2021, recording growth at a CAGR of ..% for the period spanning 2017-2021.

The global Ostomy patient Volume is anticipated to reach ..million by the year 2021, increasing from ..million in the year 2017, recording growth at a CAGR of ..% for the period spanning 2017-2021.

In 2016, Europe held the largest market share of ..% followed by North America and ROW with ..% shares respectively.

2021

Global Ostomy Market Value by Region (2016)

Million

Global Ostomy Market Forecast by Patient Volume (2017-2021)

Europe 2017

2018

2019

2020

North America

Rest of the World

2021

Global Ostomy Market: Industry Analysis & Outlook (2017-2021)

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Increasing awareness and launch of new products will drive the market for Ostomy globally..

US$ Billion

Europe Ostomy Market Forecast by Value (2017-2021)

2017

2018

2019

2020

Europe Ostomy market would reach US$ ..billion by the year 2021, increasing from US$ ..billion in 2017, recording growth at a CAGR of ..% for the period spanning 2017-2021.

North America Ostomy market is anticipated to reach US$ ..million by the year 2021, increasing from US$ ..million in year 2017, recording growth at a CAGR of ..% for the period spanning 2017-2021.

ROW Ostomy market is expected to reach US$ ..million by the year 2017, and is further anticipated to reach US$ ..million by the year 2021, recording growth at a CAGR of ..% for the period spanning 2017-2021.

2021

T North America Ostomy Market Forecast Value (2017-2021)

US$ Million

US$ Million

ROW Ostomy Market Forecast by Value (2017-2021)

2017

2018

2019

2020

2021

2017

2018

Global Ostomy Market: Industry Analysis & Outlook (2017-2021)

2019

2020

2021

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