Stoma Care Market
Number of pages: 100 | Report Format: PDF | Published date: April 24, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023 to 2031
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Report Attribute |
Details |
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Market Size Value in 2022 |
US$ 2.41 billion |
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Revenue Forecast in 2031 |
US$ 3.98 billion |
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CAGR |
5.2% |
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Base Year For Estimation |
2022 |
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Forecast Period |
2023 to 2031 |
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Historical Year |
2021 |
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Segments Covered |
Product, Application, End User, and Region |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global stoma care market was valued at US$ 2.41 billion in 2022 and is expected to register a revenue CAGR of 5.2% to reach US$ 3.98 billion by 2031.
Stoma Care Market Fundamentals
A stoma is a surgically produced opening in the abdomen that allows for the passage of waste materials. Stoma care is a specific area of healthcare that deals with managing individuals with stomas. Some procedures involved in stoma care include regular cleaning and changing the stoma bag, monitoring the skin around the stoma for any signs of irritation or infection, and following a proper stoma care diet to prevent complications. Additionally, patients may need regular check-ups with their healthcare provider to ensure that their stoma is functioning properly and to address any concerns or issues that may arise.
There has been a drift towards developing more advanced stoma care appliances that are more comfortable, secure, and discreet. These include advanced ostomy bags, wafer barriers, and skin-friendly adhesives. Also, an increased focus on providing patient-centered care in stoma care is the most recent trend observed in stoma care. This involves considering the patient's preferences, lifestyle and needs in managing their stoma. Furthermore, there has been a growing recognition of the importance of psychological support for patients with stomas. This includes counseling, education, and support groups to help patients cope with the physical and emotional challenges of living with a stoma.
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Stoma Care Market Dynamics
The stoma care market is significantly influenced by the rising prevalence of diseases such as colon cancer, inflammatory bowel disease (IBD), and Crohn's disease, among others. The growing elderly population and knowledge of advanced stoma care products open a group of opportunities in the stoma care industry growth. With an aging population, the incidence of conditions such as bladder cancer, prostate cancer, and other diseases that require stoma surgery is also increasing.
The development of new and improved stoma care products, such as ostomy bags, belts, and adhesives, has contributed to the revenue growth of the stoma care market. These products have made it easier for people with stomas to manage their condition and maintain an active lifestyle, increasing the demand for stoma care products. Also, increased awareness about stoma care and its importance in improving the quality of life for individuals with stomas has contributed to market revenue growth. Governments and non-governmental organizations (NGOs) are also contributing to the revenue growth of the stoma care market by providing support and resources to individuals with stomas. For instance, governments fund research and development of innovative stoma care products. At the same time, NGOs provide education and awareness programs to increase the understanding of stoma care among patients and healthcare professionals. These efforts will further boost the demand for stoma care products and services during the forecast period. The stoma care industry trend toward home healthcare is a crucial contributor to the stoma care market dynamics. With more patients receiving care at home, there is an increased need for stoma care products that are easy to use and manage.
However, stoma care problems include skin irritation, dehydration, bowel obstruction, and leakage, the most important problems restricting patients from opting for the stoma. Also, in middle- to low-income countries, stoma care is expensive for most patients, which is crucial in hindering market revenue growth.
Stoma Care Market Ecosystem
This report provides the global stoma care market analysis regarding revenue, market dynamics, regional landscape, and overall competitive positioning of the major market players. The global stoma care market overview is analyzed from four perspectives: product, application, end-user, and region.
Stoma Care Market by Product
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Based on the products, the global stoma care market is segmented into stoma care bags and stoma care accessories. Stoma care bags are sub-segmented into closed bags, open/drainable bags, one-piece bags, and two-piece bags. Also, stoma care accessories include pastes & powders, creams, cleansers, deodorants, stoma caps, belts, pouch covers, tapes, seals/barrier rings, pouch closer, and others.
Stoma care bags accounted for the largest revenue share of the global stoma care market in 2022. Due to the huge and expanding patient population with illnesses that require a stoma, stoma care bags are in great demand. To adequately manage their stomas, these patients need specialized supplies and products such as ostomy bags, adhesive materials, and stoma belts. There is a continuing need for these products since several stoma care accessories, such as ostomy bags, must be changed often, sometimes multiple times daily. Furthermore, many stoma patients need these products for the remainder of their lives, leading to a persistent, long-term demand for stoma care accessories. Moreover, particularly from the perspective of stoma care bags, the industry trends are moving forward due to its constant product development and innovation. To suit the changing demands of patients with stomas, manufacturers frequently release new bags, such as ostomy bags with enhanced adhesives or more sophisticated filtering systems.
Stoma Care Market by Application
Based on the application, the global stoma care market is segmented into colostomy, ileostomy, and urostomy.
The colostomy segment accounted for the largest revenue share of the global stoma care market in 2022. Colostomy procedures are frequently performed due to colorectal cancer. According to the World Cancer Research Fund, about 1.9 million new cases of colorectal cancer are expected to be detected in 2020, making it the third most prevalent cancer worldwide. Many colorectal cancer patients require surgery to remove a portion of their colon or rectum, which may necessitate a colostomy. According to the database of stoma care NHS, each year, almost 100,000 Americans have surgeries resulting in individuals with an ileostomy or colostomy. The waste from a colostomy is often more solid than other types of stomas. Hence, colostomy bags and other accessories may need to be used longer than ileostomy or urostomy bags. This implies that patients with colostomies could need stoma care products, increasing the revenue and influencing the revenue growth of the stoma care market. Also, colostomy might be trickier than other stomas, especially if the patient has additional health issues or difficulties. Convexity systems and other highly specialized stoma care products may be needed, raising the cost of treatment for these patients.
Stoma Care Market by End User
Based on the end users, the global stoma care market is segmented into hospitals, specialty clinics, ambulatory surgery centers, and home care settings.
The hospitals and specialty clinics segment accounted for the largest revenue share of the global stoma care market in 2022. Hospitals play a crucial role in the stoma care market as they are often the primary setting for diagnosing, treating, and managing conditions requiring stoma care. Hospitals also provide surgical procedures to create stomas, such as colostomy or ileostomy. Patients are often hospitalized for some time after surgery for specialized stoma care. Hospitals often have specialized stoma care teams that include stoma care nurses and other well-trained healthcare professionals who provide care and education to patients with stomas. These teams provide essential services such as stoma site marking, stoma appliance selection, and education on how to manage the stoma and prevent complications. Patients with stomas may require ongoing rehabilitation and support to adjust to life with a stoma. Hospitals often provide support groups and other resources to help patients cope with the physical and emotional challenges of living with a stoma. Hospitals are often involved in research and development efforts to improve stoma care products and services.
On the other hand, a home care setting plays a key role in stoma care as it is often where patients with stomas receive ongoing care and support after they are discharged from the hospital. Home health aides cooperate with patients to ensure they have the products and supplies to care for their stomas and avoid problems. To ensure the stoma is healing properly and the patient is managing it well, home care providers keep an eye on their stoma patients and give continuing follow-up care. As part of this, the stoma site is examined for indications of infection or other complications, and the stoma care plan is modified as necessary. Therefore, from the stoma care market overview, home care settings account for a significant revenue share in the global market.
Stoma Care Market by Region
Based on the region, the global stoma care market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Europe accounted for the largest revenue share of the global stoma care market in 2022. The market in Europe is expected to grow in terms of revenue share during the forecast period due to increased stoma patients due to ulcerative colitis and inflammatory bowel diseases. According to an article published by the European Crohn's and Colitis Organization, in Europe, the incidence of ulcerative colitis ranged from 2.4 to 44.0 per 100, 000 persons, while the incidence of Crohn's disease ranged from 0.4 to 22.8 per 100, 000 person in every year. Therefore, Europe's high prevalence of inflammatory bowel disease will increase demand for ostomy care products. Additionally, technological developments in ostomy care items, such as creating comfier and more covert products, are responsible for spurring market revenue growth. Also, Europe is known for having well-developed healthcare systems providing access to advanced medical technologies and highly trained stoma care nurses.
Further, it is expected that increased ostomy care awareness and rising advanced wound care product acceptance will both support the stoma care industry trends in Europe. Additionally, many European countries have national healthcare systems that provide coverage for stoma care products, which helps to reduce the financial burden on patients and increase the adoption of stoma care products. For instance, in September 2021, Coloplast Corp., a leading manufacturer of ostomy products, submitted a health and care bill to The U.K. Parliament, which has a vital role in healthcare reimbursement for stoma care through its oversight of the National Health Service (NHS).
Stoma Care Market Competitive Landscape
Multiple companies across the globe are investing in raising awareness and reimbursement, which is expected to improve the stoma care market outlook. Notable market participants operating in the global stoma care market with the largest revenue share include,
Stoma Care Market Strategic Development
A stoma is an abdominal opening made surgically that permits the evacuation of waste materials. Stoma care is a particular healthcare field that manages individuals with stomas.
The colostomy segment accounted for the largest revenue share of the global stoma care market.
North America accounts for the fastest-growing in terms of revenue share in the global stoma care market.
Key companies operating the global stoma care market are Coloplast Corp, Hollister Incorporated, ConvaTec Group PLC, Salts Healthcare, B. Braun SE, and 3M.
The global stoma care market is expected to grow at a revenue CAGR of 5.2% during the forecast period from 2023 to 2031.
*Insights on financial performance are subject to the availability of information in the public domain