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.
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Global Ostomy Market: Industry Analysis & Outlook (2017-2021)
1. Global Ostomy Market:
Industry Analysis & Outlook
-----------------------------------------
(2017-2021)
Industry Research by Koncept Analytics
1
August 2017
Global Ostomy Market: Industry Analysis &
Outlook (2017-2021)
2. Executive Summary
2
Global Ostomy Market: Industry Analysis & Outlook
(2017-2021)
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.
3. Rising ageing population and increasing health care expenditure supported the growth of
Ostomy market.
3Global Ostomy Market: Industry Analysis & Outlook (2017-2021)
• 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.
Global Ostomy Market Forecast by Patient Volume (2017-2021)
Global Ostomy Market Forecast by Value (2017-2021)
Global Ostomy Market Value by Region (2016)
Europe North America Rest of the World
2017 2018 2019 2020 2021
US$Billion
2017 2018 2019 2020 2021
Million
4. Increasing awareness and launch of new products will drive the market for Ostomy globally..
4
• Europe Ostomy market would reach US$ ..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.
T
North America Ostomy Market Forecast Value (2017-2021)
Europe Ostomy Market Forecast by Value (2017-2021)
ROW Ostomy Market Forecast by Value (2017-2021)
2017 2018 2019 2020 2021
US$Billion
2017 2018 2019 2020 2021
US$Million
2017 2018 2019 2020 2021
US$Million
Global Ostomy Market: Industry Analysis & Outlook (2017-2021)
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