(EMAILWIRE.COM, January 16, 2019 ) The global ostomy care market is projected to reach USD 2.99 Billion by 2022 from USD 2.40 Billion in 2017, at a CAGR of 4.5% during the forecast period. The high incidence of bladder/colorectal cancer/inflammatory bowel disease; rising geriatric population; growing number of awareness programs to educate patients regarding the use of ostomy products; technological advancements in ostomy products; and efficient reimbursement system in developed countries are some of the factors driving the growth of the stoma care market.

This research study involves the extensive usage of secondary sources, directories, and databases (such as D&B, Bloomberg Business, and Factiva), in order to identify and collect information useful for this technical, market-oriented, and financial study of the ostomy care market. In-depth interviews were conducted with various primary respondents, including subject-matter experts (SMEs), C-level executives of key market players, and industry consultants to obtain and verify qualitative and quantitative information and to assess market prospects.

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Objectives of the study are:

To define, segment, describe, and forecast the global ostomy care market on the basis of product, end user, and region

To provide detailed information regarding major factors influencing growth of the stoma care market (drivers, restraints, opportunities, and industry-specific challenges)

To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the total market

To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders

To forecast the revenue of the market segments with respect to four main regions, namely, North America, Europe, Asia, and the Rest of the World

To profile the key players and comprehensively analyze their market shares and core competencies

This report broadly segments the ostomy care market into product and end user. On the basis of product, the market is categorized into ostomy care bags and ostomy care accessories. The bags segment is further categorized into surgery type, system type, and usability. On the basis of surgery type, ostomy bags are segmented into – ileostomy, colostomy, and urostomy. On the basis of system type, the market is classified into one-piece systems, two-piece systems, and skin barrier. On the basis of usability, bags are segmented into drainable and closed-end bags. While accessories are further segmented into pastes & powders, creams, deodorants, cleansers, and other accessories.

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