The global ostomy
devices market is expected to grow at a CAGR of 4-6% in the next
five years. The growing awareness regarding ostomy care products;
increasing geriatric population; rising prevalence of ostomy-related conditions
such as colorectal and bladder cancer, inflammatory bowel diseases (IBD), and
urological disorder; favorable reimbursement scenarios for ostomy devices in
developed countries; growing preferences for home-based stoma care; and
advancements in ostomy device technology are some key factors driving the
ostomy devices market.
An ostomy device is a type of prosthetic medical equipment
designed to support individuals who have undergone ostomy surgery, a procedure
that creates an opening (stoma) in the abdomen to divert waste from the body.
These devices are crucial for managing the waste output from the stoma, which
may include feces, urine, or mucus, depending on the type of ostomy—colostomy,
ileostomy, or urostomy. An ostomy may be required due to various conditions,
such as birth defects, bladder cancer, inflammatory bowel disease,
diverticulitis, obesity, and other medical issues. Thus, ostomy devices help
maintain hygiene, prevent leaks, protect the skin, and enable patients to live
a comfortable and active life after surgery.
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Increasing cases of colorectal cancer drive market growth
Worldwide, colorectal cancer is the third most common type
of cancer in men and the second in women with the highest incidence rates in
North America, Australia, New Zealand, Europe, and Japan. Colorectal cancer is
primarily diagnosed in persons 60 years and older. It is expected that the
number of new patients with colorectal cancer will increase in the future.
Surgery which is the most common treatment for colorectal cancer results in 10%
of the cases in a permanent ostomy which in turn is expected to boost the
market in the coming years.
Technological advancements in ostomy devices fuel
their demand
Recent advancements in ostomy device technologies,
materials, and design have transformed traditional products into more
sophisticated, user-friendly solutions that address the evolving needs of
patients and healthcare providers. Modern devices are now smaller, lightweight,
and less noticeable under clothing, offering improved discretion and boosting
user confidence. These devices incorporate advanced adhesives that minimize
skin irritation, reduce allergic reactions, and enhance durability, allowing for
longer wear times. Additionally, the integration of smart technology and IoT
(Internet of Things) capabilities has enabled real-time monitoring of stoma
output, leak detection, and mobile application alerts, providing patients with
greater control and convenience in managing their care. Thus, these innovations
significantly improve patients' quality of life by enhancing comfort,
confidence, and care management while addressing sustainability through
eco-friendly designs and materials.
Competitive Market Analysis
The global ostomy devices market is marked by the presence
of innovative and emerging market players such as Alcare Co. Ltd., B.
Braun Melsungen AG, Coloplast A/s, ConvaTec Inc., Flexicare Ltd., Welland
Medical Limited, 3M, Hollister Incorporated, Oakmed Healthcare, Pelican
Healthcare Ltd., Salts Healthcare Ltd, Cymed, Marlen Manufacturing &
Development Co., Nu-Hope Labs, Perma-Type Company Inc., Kimberly-Clark
Corporation, SCA (Svenska Cellulosa Aktiebolaget), Torbot Group Inc., and OxMed
International GmbH, among others. Some of the key strategies adopted by the
market players include mergers and acquisitions, new product launches,
strategic partnerships, and collaborations.
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Global Ostomy Devices Market Segmentation
This report by Medi-Tech Insights provides the size of
the global ostomy devices market at the regional- and country level from
2022 to 2029. The report further segments the market based on product, surgery
type, system type, and end user.
- Market
Size & Forecast (2022-2029), By Product, USD Million
- Bags
- Accessories
- Market
Size & Forecast (2022-2029), By Surgery Type, USD Million
- Colostomy
- Urostomy
- Ileostomy
- Market
Size & Forecast (2022-2029), By System Type, USD Million
- One-piece
System
- Two-piece
System
- Market
Size & Forecast (2022-2029), By End User, USD Million
- Hospitals
- Ambulatory
Surgical Centers (ASCs)
- Home
Care
- Other
End Users
- Market
Size & Forecast (2022-2029), By Region, USD Million
- North
America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest
of Europe
- Asia
Pacific
- China
- India
- Japan
- Rest
of Asia Pacific
- Latin
America
- Middle
East & Africa
Medi-Tech Insights
is a healthcare-focused business research & insights firm. Our clients
include Fortune 500 companies, blue-chip investors & hyper-growth
start-ups. We have completed 100+ projects in Digital Health, Healthcare IT,
Medical Technology, Medical Devices & Pharma Services in the areas of
market assessments, due diligence, competitive intelligence, market sizing and
forecasting, pricing analysis & go-to-market strategy. Our methodology
includes rigorous secondary research combined with deep-dive interviews with
industry-leading CXO, VPs, and key demand/supply side decision-makers.
Contact:
Ruta Halde
Associate, Medi-Tech Insights
+32 498 86 80 79
info@meditechinsights.com
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