Global Ostomy Market: Industry Analysis & Outlook (2016-2020)
"Global
Ostomy Market: Industry Analysis & Outlook (2016-2020)".
The Report covers current Market Trends, Analysis, Forecast, Review,
Share, Size, Growth, Effect.
Description-
An
ostomy
is a surgical procedure undertaken to create an opening or stoma on
the abdominal wall for waste products to move out of the body. It is
useful in case of certain diseases of the digestive and urinary
system. Ostomy can either be temporary or permanent depending on the
purpose for which it is undertaken. A temporary ostomy gives an organ
time to heal while a permanent ostomy acts as a mode of waste
excretion for life. Depending on the area that is operated upon,
ostomy can be classified into three types namely colostomy, ileostomy
and urostomy. The market for ostomy is commonly called ostomy care
and involves the market for ostomy bags or pouches and accessories to
go with. Pouching systems for ostomy may include a one-piece or
two-piece system, while accessories required could be convex inserts,
ostomy belts, pouch covers, skin barrier, skin barrier paste, tapes
and adhesive remover.
Ostomy
market is a chronic care market that addresses a long term illness,
such that an individual undergoing ostomy may require ostomy bags and
accessories for either two weeks or a lifetime. The market for ostomy
has witnessed persistent growth in recent years given the rise in
ageing population, escalating healthcare spending, boost in online
sales, healthy reimbursement landscape in Europe and the prevalence
of colon and rectum cancer. Greater potential in the market lies in
years ahead, given the improvement in healthcare facilities across
emerging economies, increase in awareness regarding ostomy surgery
and constant design and innovation to make life with an ostomy bag
hassle-free. Certain trends in the market have also influenced growth
in recent years, like shift towards closed one-piece ostomy bags and
well strategized retention programs. However, lack of reimbursements
in emerging economies and complications associated with ostomy
drainage bags continue to pose a challenge.
The
report provides an overview of the entire ostomy market through
in-depth analysis of its segments along with their forecasted market
value. Certain trends, growth drivers as well as issues being faced
by the industry are discussed in detail in the report along with
competition in the market.
Table
of Content
1.
Market Overview
1.1
Introduction
1.2
Types
1.2.1
Colostomy
1.2.2
Ileostomy
1.2.3
Urostomy
1.3
Ostomy Care
1.3.1
Pouches
1.3.2
Accessories
2
Global Ostomy Market
2.1
Ostomy Market Forecast by Value
2.2
Ostomy Market by Region
2.3
Ostomy Market by Type
2.3.1
Colostomy Market Forecast by Value
2.3.2
Ileostomy Market Forecast by Value
2.3.3
Urostomy Market Forecast by Value
2.4
Ostomy Market by Segment
2.4.1
Ostomy Pouches Market Forecast by Value
2.4.2
Ostomy Accessories Market Forecast by Value
3
Regional Ostomy Market
3.1
Europe
3.2
North America
3.3
Emerging Economies
4.
Market Dynamics
4.1
Growth Drivers
4.1.1
Healthy Reimbursement Landscape
4.1.2
Rising Ageing Population
4.1.3
Escalating Healthcare Spending
4.1.4
Online Sales Boost Growth
4.2
Key Trends
4.2.1
Shift towards Closed One-Piece Ostomy Bag
4.2.2
Retention Programmes
4.2.3
Innovation in the Market
4.3
Challenges
4.3.1
Declining Prevalence of Colon and Rectum Cancer
4.3.2
Reimbursements as a Challenge in Emerging Economies
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