An ostomy device is a prosthetic medical device designed to manage waste collection from surgically diverted biological systems such as the colon, ileum, or bladder, through the creation of a stoma. It is categorized into three types: colostomy, urostomy, and ileostomy. These devices feature specialized components for secure attachment, odor control, and comfort, enabling individuals with birth defects, bladder cancer, inflammatory bowel disease, diverticulitis, obesity, and other medical conditions to lead active and functional lives.
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Data Bridge Market Research analyses that the Ostomy Devices Market is valued at USD 2.601 billion in 2021 and is expected to reach USD 3.7 billion by 2029, registering a CAGR of 4.50% during the forecast period of 2022 to 2029. The demand for ostomy devices in the market is driven by advancements in technology, leading to the development of more comfortable and efficient products, which enhance patient satisfaction and increase the adoption of ostomy devices.
Key Findings of the Study
Increased usage of ostomy drainage bags is expected to drive the market's growth rate
The ostomy devices market is experiencing growth due to the increased usage of ostomy drainage bags. These bags provide a convenient and effective solution for collecting waste in individuals with ostomies. The rising prevalence of conditions like inflammatory bowel disease, bladder cancer, and colorectal cancer, along with the growing aging population, has led to a higher demand for ostomy products. This increased usage of ostomy drainage bags is a key driver of market growth in the ostomy devices sector.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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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.
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Market Players Covered
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Coloplast Corp (U.S.), Hollister Incorporated (U.S.), ConvaTec Group PLC (U.K.), Salts Healthcare (U.K.), B. Braun SE (Germany), 3M (U.S.), ALCARE Co., Ltd. (Japan), Flexicare (Group) Limited (U.K.), Henkel Adhesives Technologies India Private Limited (Germany), Marlen Manufacturing & Development Company (U.S.), Nu-Hope Laboratories, Inc. (U.S.), OxMed International GmbH (Germany), Smith+Nephew (U.K.), Torbot Group, Inc. (U.S.), Welland Medical Limited (U.K.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework
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Segment Analysis:
The ostomy devices market is segmented on the basis of product, surgery type, shape of skin barrier, system type, and end users.
- On the basis of system type, the ostomy devices market is segmented into one-piece system, and two-piece system. The two-piece systems segment in the global ostomy devices market is growing at a CAGR of 7.6% in the forecast period of 2022 to 2029 due to its advantages such as flexibility, easy maintenance, and improved comfort.
In 2022, the two-piece system segment is dominating the system type segment of the global ostomy devices market
The two-piece systems segment in the global ostomy devices market is growing at a CAGR of 7.6% in the forecast period of 2022 to 2029 due to its advantages such as flexibility, easy maintenance, and improved comfort.
- On the basis of product, the ostomy devices market is segmented into bags, and accessories. The accessories segment dominates the product segment at CAGR 5.4% in the forecast period 2022 to 2029 due to its essential role in waste collection and management.
- On the basis of surgery type, the ostomy devices market is segmented into ileostomy drainage bags, colostomy drainage bags, and urostomy drainage bags. The colostomy drainage bag segment in the global ostomy devices market is growing at a CAGR of 7.4% in the forecast period of 2022 to 2029 due to their high demand and essential role in managing waste for individuals with colostomies. These specialized bags provide effective collection and disposal of colostomy output, contributing to their dominance in the ostomy devices market.
- On the basis of shape of skin barrier, global ostomy devices market is segmented into flat and convex. The flat segment dominates the global Ostomy devices market in the forecast period of 2022 to 2029 due to its widespread adoption and versatility. Flat ostomy devices offer a low-profile design and a secure fit, providing comfort and discretion for individuals with ostomies, leading to their dominance in the market.
- On the basis of end user, the ostomy devices market is segmented ambulatory surgical centers, hospitals, home care, and others. The homecare segment dominates the end user segment at CAGR 7.5% in the forecast period of 2022 to 2029 due to the increasing trend of patients opting for ostomy care in the comfort of their own homes. Homecare provides convenience, independence, and cost-effectiveness, driving the dominance of this segment in the ostomy devices market.
In 2022, the homecare segment is dominating the end user of the global ostomy devices market
In 2022, the homecare segment is dominating the end user segment of the global ostomy devices market due to the growing preference for ostomy care in the comfort of one's own home. Homecare allows individuals with ostomies to maintain their independence, privacy, and convenience while managing their condition. Additionally, it offers cost savings compared to hospital or clinical settings.
Major Players
Data Bridge Market Research recognizes the following companies as the major ostomy devices market players in ostomy devices market are Coloplast Corp (U.S.), Hollister Incorporated (U.S.), ConvaTec Group PLC (U.K.), Salts Healthcare (U.K.), B. Braun SE (Germany), 3M (U.S.)
Market Development
- In July 2021, SWK Holdings Corporation, a specialist finance company based in the US, has provided $10 million in funding to Trio Healthcare. This investment will assist Trio's research and development as well as manufacturing teams in expanding their operations. The aim is to facilitate a widespread global launch of Trio's Genii stoma bag, which will benefit individuals requiring ostomy care.
- In June 2021, Welland has recently introduced its latest ostomy pouch range, known as Aurum Plus. These new pouches come in closed, drainable, and urostomy sizes, providing a diverse range of options for ostomates. Aurum Plus was conceived as a solution to offer individuals with ostomies increased comfort, confidence, and a wider selection of choices to meet their specific needs.
- In May 2021, ConvaTec and Vizient have entered into an extended agreement, ensuring ongoing support for ostomy patients through the provision of high-quality ostomy products, accessories, and the me+TM support program. This collaboration aims to deliver comprehensive care to ostomy patients across the entire care continuum, emphasizing ConvaTec's commitment to meeting the diverse needs of individuals living with an ostomy.
- In December 2022, Axonics, Inc., a global medical technology company focused on innovative solutions for bladder and bowel dysfunction, has received approval from Health Canada for its latest rechargeable sacral neuromodulation system. This fourth-generation system marks a significant milestone in the company's efforts to develop and commercialize advanced products for the treatment of these conditions
- In February 2022, HR Pharmaceuticals, Inc. has introduced the Vitus Ostomy Care product line developed by Axonics. This comprehensive range of ostomy accessories is specifically designed to provide enhanced protection for the stoma and skin, while ensuring a secure and tight seal. The launch of Vitus Ostomy Care reflects HR Pharmaceuticals' commitment to offering advanced solutions that meet the needs of individuals with ostomies and contribute to their overall comfort and well-being.
Regional Analysis
Geographically, the countries covered in the ostomy devices market report are 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.
As per Data Bridge Market Research analysis:
North America is the dominant region in the ostomy devices market during the forecast period 2022 - 2029
In 2023, North America dominated the ostomy devices market due to the increasing incidences of inflammatory bowel disease (IBD) and a rising consciousness about ostomy care and stoma surgeries. Additionally, the aging population indicates a future rise in the prevalence of conditions such as IBD, colorectal cancer, bladder cancer, and incontinence. These factors contribute to a higher demand for ostomy products, driving the growth of the ostomy devices market and fostering innovation in the field.
Asia-Pacific is estimated to be the fastest-growing region in the ostomy devices market for the forecast period 2022 - 2029
Asia-Pacific is expected to grow during the forecast period owing to the existence of developing economies providing opportunities for market expansion and increased accessibility to ostomy devices. The rising count of patients requiring ostomy care due to various medical conditions drives market demand. Additionally, the growing healthcare expenses and the steadily increasing global population contribute to the overall growth and market potential of ostomy devices.
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