Europe Ostomy Devices Market, By Product (Bags, Accessories), Surgery Type (Ileostomy Drainage Bags, Colostomy Drainage Bags, Urostomy Drainage Bags), Shape of Skin Barrier (Flat, Convex), System Type (One-piece System, Two-piece System), End User (Ambulatory Surgical Centers, Hospitals, Home Care, Others), Country (Germany, United Kingdom, France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Turkey, Rest of Europe) Industry Trends and Forecast to 2029.
Market Analysis and Insights : Europe Ostomy Devices Market
Data Bridge Market Research analyses that the Europe ostomy devices market to be grow at a CAGR of 7.7% in the forecast period of 2022-2029.
Ostomy surgery, also known as bowel diversion, reroutes the passage of intestinal contents out of the body through a small incision in the abdominal wall. The ostomy or stoma is the name for the opening. Depending on the severity of the sickness, it may be transient or permanent. An ostomy device is a piece of prosthetic medical equipment that allows waste to be collected and a stoma to be formed from a biological system (colon, ileum, and bladder) that has been surgically diverted. The most common combinations of colostomies, ileostomies, and urostomies are pouching systems.
The rise in the prevalence of bowel cancer, bladder cancer and inflammatory bowel diseases is the significant factor responsible for driving the growth of the ostomy devices market. Additionally, geriatric population, surge in the incidence of smoking and favourable reimbursement policies associated with ostomy devices will act as major drivers influencing the overall growth of the market. Similarly, factors such as significant increase in the number of obese population, changing lifestyle and growing number of cases of renal disorders and neurological injuries will cushion the market growth rate.
Moreover, the rise in the awareness about the treatment and diagnostic methods, technological advancement and strategic initiatives by market players will generate profitable opportunities for the ostomy devices market.
However, high cost, side effects and restricts related with the ostomy devices and unmet medical needs will act as market restraints and obstruct the market’s growth rate. Also, presence of alternative surgical procedures will further challenge the growth ostomy devices market.
This Europe ostomy devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Europe ostomy devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe Ostomy Devices Market Scope and Market Size
Europe ostomy devices market is segmented on the basis of product type, surgery type, shape of skin barrier, system type and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the ostomy devices market is segmented into bags and accessories.
- On the basis of surgery type, the ostomy devices market is segmented into ileostomy drainage bags, colostomy drainage bags and urostomy drainage bags.
- On the basis of shape of skin barrier, the ostomy devices market is segmented into flat and convex.
- On the basis of system type, the ostomy devices market is segmented into one-piece system, and two-piece system.
- On the basis of end-user, the ostomy devices market is segmented into ambulatory surgical centers, hospitals, home care and others.
Europe Ostomy Devices Market Country Level Analysis
Europe ostomy devices market is analysed and market size insights and trends are provided by country, product type, surgery type, shape of skin barrier, system type and end-user as referenced above.
The countries covered in the Europe ostomy devices market report are Germany, United Kingdom, France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Turkey, and Rest of Europe.
The country section of the Europe ostomy devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
Europe ostomy devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Europe ostomy devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on Europe ostomy devices market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Europe Ostomy Devices Market Share Analysis
Europe ostomy devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Europe ostomy devices market.
The major players operating in the Europe ostomy devices market report are Coloplast Corp., Hollister Incorporated, ConvaTec Group PLC, Salts Healthcare, B. Braun Melsungen AG, 3M, ALCARE Co., Ltd., Flexicare (Group) Limited, Henkel AG & Co. KGaA, Marlen Manufacturing & Development Company, Nu-Hope Laboratories, Inc., OxMed International GmbH, Smith+Nephew, Torbot Group, Inc., and Welland Medical Limited, among others.
SKU-
Get online access to the report on the World's First Market Intelligence Cloud
- Interactive Data Analysis Dashboard
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
