Global Ostomy and Incontinence Products Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global ostomy and incontinence products market in its upcoming report titled, “Global Ostomy and Incontinence Products Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global ostomy and incontinence products market is estimated to register a CAGR of XX.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global ostomy and incontinence products market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global ostomy and incontinence products market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global ostomy and incontinence products market report has been segmented on the basis of product, and region.
An ostomy refers to surgical procedure creating an opening in the body for the discharge of body wastes and incontinence is a term that describes any accidental or involuntary dispose of urine from the bladder or bowel. Ostomy is required at the time of removing tumor, that allows the intestines to recover the bowl or bladder injuries by itself, and nerve defect of the digestive or urinary tract. Ostomy causes due to infection in abdomen, such as perforated diverticulitis or abscess. Major causes for incontinence is physical changes with aging men and women. People with incontinence are at greater risk of falls. People with ostomy and incontinence may face disruptive quality of life, and may have some skin infections.
Growing awareness related to health hygiene, and rising prevalence of diseases such as colorectal cancer are key factors driving growth of the global ostomy and incontinence products market. In addition, increasing incidences of obesity, rising incidences of unmet medical condition of patients in developing countries, and innovation of products like adult diapers are major factors expected to fuel growth of the global ostomy and incontinence products market over the forecast period.
However, high cost of products and treatment, and fear of treatment failure or uneasiness while treatment or while using products are some key factors restraining growth of the global ostomy and incontinence products market.
Availability of these products online and over-the-counter may create opportunities for incontinence products in the near future
The market in North America accounted for highest market share in terms of revenue, owing to increasing consumer awareness and launching of innovative products as well reimbursement policies, and geriatric population with bowel and urinary tract diseases in countries in this region. The market in Europe accounted for second highest revenue share contribution in the global ostomy and incontinence products market. The market in Asia Pacific is projected to witness fastest growth in terms of revenue owing to rising standards in healthcare sector, rising awareness among patients to seek treatments, and adoption of innovative product strategies by manufacturers to maintain their customer base along with increasing per capita income for healthcare expenditures.
Global ostomy and incontinence products market segmentation by product:
- Incontinence products
- Ostomy products
Global ostomy and incontinence products market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Svenska Cellulosa Aktiebolaget
- Braun Melsungen AG
- R. Bard, Inc.
- Coloplast Group
- ConvaTec, Inc.
- First Quality Enterprises, Inc.
- Hollister Incorporated
- Medline Industries, Inc.
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