Ostomy Care Market

Global Ostomy Care Market Size (2023 to 2028)

The global market size for ostomy care is estimated to be worth USD 4.22 billion by 2028 from USD 3.28 billion in 2023, growing at a CAGR of 5.11% from 2023 to 2028.

Impact of COVID-19 impact on the ostomy care market:

The COVID-19 outbreak has moderately impacted the global ostomy care market. The specialized center for Cancer has denied admission of colorectal cancer because of the pandemic outbreak and to reduce viral transmission among the population. Increase of patients in hospitals which overburdened emergency rooms, intermediate care units, and intensive care units (ICUs) due to the COVID-19 pandemic. The impact was most addressed in Europe, mainly in the U.K. Thus, the decrease in ostomy care products during the pandemic has restricted the growth of ostomy care in some areas. On the other hand, Homecare stoma care products have considerably increased due to COVID-19. This is one of the major factors expected to boost market growth during the forecast period.

MARKET DRIVERS:

The global ostomy care market is primarily driven by the factors such as the increasing prevalence of diseases, technological advancements in the healthcare sectors, and supportive government policies by the government through medical awareness programs. Also, the rising internet usage for online sales of ostomy products, rising medical tourism in several patients with colorectal cancer and defective bladder, and favorable reimbursement policies. Furthermore, factors such as skin-friendly, waterproof, unbreakable, and extended durability, which further propel their adoption of ostomy bags as a life-saving opportunity has increased their demand among the population.

The growing geriatric population worldwide and rising inflammatory disorder cases are further expected to boost the ostomy care market.

The growing geriatric population is one of the key growth contributors to stoma care products. According to the estimations of WHO, the aged population percentage to increase from 7% in 2000 to 16% by 2050. For over 50 years, people have been affected mainly by this ostomy disease. According to the National Centre for Biotechnology Information (NCBI), patients aged 70 and the elderly have more permanent ostomy surgeries than younger people, with more extended hospital stays and a greater mortality rate, which is expected to boost the growth rate of the market.

Rising health care expenditure with advanced products in ostomy care, and increasing prevalence of inflammatory bowel diseases, including Crohn’s disease or ulcerative colitis, fecal incontinence, diverticular disease, and intestinal cancer, are projected to surge the growth of the ostomy care market.

MARKET RESTRAINTS:

Increasing adoption of alternative treatments and issues with ostomy bags are restraining the growth of the ostomy care market. In addition, challenges such as lack of reimbursement for ostomy care bags and weak economies of developing regions are expected to affect the global ostomy care market during the forecast period.

 REPORT COVERAGE:

This research report on the global ostomy care market has been segmented and sub-segmented based on type, application, end-user, and region.

Ostomy Care Market – By Product:

• Bags
  • One Piece
  • Two-Piece
• Accessories
  • Seals/Barrier Rings
  • Pouch Cover
  • Pouch Closures
  • Stoma Caps/Hat
  • Others

Based on the product, the bags segment is projected to hold a significant share of the ostomy care market during the forecast period. The growth of the segment is primarily driven by the increase in the older population undergoing permanent ostomy procedures, the growing number of stoma surgeries, and a rise in demand for home care services.

Ostomy Care Market – By Application:

• Colostomy
• Ileostomy
• Urostomy

Based on the application, the colostomy segment dominated the ostomy care market and is likely to continue its growth during the forecast period. The segment growth is attributed to the high incidence of stomach cancer and growing awareness among people about surgeries and IBD in developed countries.

Ostomy Care Market – By End-User:

• Hospitals and Specialty clinics
• Home care settings
• Ambulatory Surgical Centers

The hospitals & clinics segment accounted for the most significant share of the ostomy care market in 2022. Favorable reimbursement policies and an increase in the patient population in most developed countries are the major factors supporting the growth of this segment. In addition, hospitals provide training to healthcare professionals to improve the success rate associated with the procedure and reduce postoperative complications. Thus, a rise in several hospital admission of stoma patients is expected to drive market growth.

Ostomy Care Market – By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Europe accounted for the largest share among others during the forecast period. This is due to the growing patient population, rising geriatric population, and strict reimbursement policies. European Ostomy Association organizes World Ostomy each year. It helps to improve the treatment of ostomates worldwide by bringing them together. Awareness events, such as educational programs, support meetings, and electronic information networks, are organized by many organizations. Factors such as an increase in the number of stoma patients and an increase in the incidence of Inflammatory Bowel Disease are expected to drive the market growth in Europe. Germany leads the European market for ostomy care products and will continue to expand its growth in the coming years in the country. 

North America is expected to be the second-largest ostomy care market worldwide in 2022 due to the growing geriatric population, increasing investments in R&D activities, and the growing pool of patients with intestinal disorders in the region. The U.S. dominates the North American market due to the presence of key players such as Coloplast Group, 3M Company, Hollister Incorporated, and others contributing to the market growth in the country.

The Asia Pacific region is predicted to have a faster market share in the coming years. Factors such as investment by public and private organizations, motivational programs and educational seminars, a large patient population, and the rising geriatric population are the key factors driving the growth of the stoma care market. Japan dominates the Asia Pacific market due to the factors such as education support and awareness campaigns by local authorities to lead a better quality of life for ostomates in Japan are driving the market growth.

TOP COMPANIES IN THIS MARKET:

ALCARE Co., Ltd., Braun Melsungen AG, Coloplast A/S, ConvaTec Group Plc., Cymed, Hollister Inc., Marlen Manufacturing & Development Co., Nu-Hope Laboratories, Perma-Type Company, Inc., Salts Healthcare and Welland Medical Ltd are a few of the prominent companies operating in the global ostomy care market profiled in this report.

RECENT HAPPENINGS IN THIS MARKET:

• Welland is pleased to announce the debut of Aurum Plus, our brand-new ostomy pouch line, in 2021. The pouches come in various sizes and can be closed, drainable, or urostomy.
• Coloplast developed ostomy care products for premature newborns and children in 2019.
• In 2021, a global medical solutions company ConvaTec focused on therapies for the management of chronic conditions has been issued a contract for Ostomy products with Vizient, Inc.
• In 2022, DKSH, a leading partner for healthcare companies trying to grow their business, has partnered with life cycle management company Pharmanovia to bring high-quality pharmaceutical products to patients across the Asia Pacific.