- In July 2021, Trio Healthcare received $10 million in funding from SWK Holdings Corporation, a US specialist finance company. The funding will help Trio's R&D and manufacturing teams scale up operations to support a large-scale global rollout of Trio's Genii stoma bag.
- In June 2021, Welland announced the launch of its brand new ostomy pouch range Aurum Plus. The new pouches are available in closed, drainable, and urostomy sizes. Aurum Plus started as an idea, a way to give ostomates more options, comfort, and confidence.
- In May 2021, ConvaTec and Vizient signed an extended agreement under which ConvaTec will continue to support ostomy patients with quality ostomy products and accessories, as well as the me+TM support program, throughout the continuum of care.
Frequently Asked Questions
The market is segmented based on Segmentation, By Product (Bags, Accessories), Surgery Type (Ileostomy Drainage Bags, Colostomy Drainage Bags, Urostomy Drainage Bags), Shape of Skin Barrier (Flat and Convex), System Type (One-piece System, and Two-piece System), End Users (Ambulatory Surgical Centers, Hospitals, Home Care, and Others) – Industry Trends and Forecast to 2032
.
The Global Ostomy Devices Market size was valued at USD 2.97 USD Billion in 2024.
The Global Ostomy Devices Market is projected to grow at a CAGR of 4.5% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
