The Ostomy Care Accessories Market To Galvanize Growth Parameters With Technological Innovation

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Ostomy Care Accessories Market
Report Id PMRREP3200 Category Life Science
Healthcare
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The Ostomy Care Accessories Market To Galvanize
Growth Parameters With Technological Innovation

• Recent advancements in ostomy care accessories
  have transformed them into small and portable
  wearable devices, improving standards of clinical
  care.
• For instance, Ostom-iAlert Sensor, a clipped
  device from 11 Health Technologies Limited, uses
  a flexible sensor that provides a signal when the
  bag is full, through a notification on a
  smartphone.
• Moreover, rising prevalence of gastrointestinal
  diseases, increasing ostomy surgeries of the
  bowel, and technological innovations are major
  factors driving the growth of the ostomy care
  accessories market. Rising awareness initiatives
  about ostomy through campaigns are anticipated to
  strengthen interest in developing economies,
  thereby boosting the growth of the global ostomy
  care accessories market.
• The global ostomy care accessories market was
  valued at US 455 Mn in 2018, and is expected to
  exhibit a CAGR of 6.8 during the forecast period
  (2019-2029).

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Product Launch Key Strategic Focus of Ostomy
Care Accessories Market Players
The ostomy care accessories market is
characterized as a fragmented market. Some of the
major players in the market are Coloplast Corp.,
Convatec, Inc., 3M, and Hollister Incorporated.
Launch of technologically-advanced products is
the key strategy being followed by these market
players.  For instance, in 2017, Natura Convex
Cut-to-Fit, launched by ConvaTech, Inc., allows
easy switching to different types of pouches.
Furthermore, easy application and easy cleaning
of pouches result in less skin irritation to its
users. The study provides compelling insights on
the ostomy care accessories market, on the basis
of product type (belt tapes adhesives, skin
protection and skin barriers, irrigation sets
sleeves, convex inserts, and stoma caps),
application (sealing, drainage, cleansing, and
lubrication), and end user (hospitals, ambulatory
surgical centers, and home care settings), across
five major regions.
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