GLOBAL ILEOSTOMY MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Ileostomy refers to the diversion of the small intestine or ileum through an opening in the abdomen called a stoma. This is typically done for patients suffering from severe cases of ulcerative colitis or Crohn's disease where the diseased portion of the intestine is removed surgically. The rerouted intestine is then brought through the abdominal wall, allowing for waste to be collected in an external pouching system. Growing prevalence of inflammatory bowel diseases and increasing number of colorectal cancer cases can boost demand for ileostomy procedures and devices over the forecast period.
Market Dynamics:
Rising incidences of colorectal cancer, inflammatory bowel disease, and other intestinal disorders can drive the global ileostomy market growth. According to the Colorectal Cancer Alliance, colorectal cancer is the third most common cancer diagnosed in the U.S. High prevalence of an unhealthy lifestyle and risk factors such as obesity, lack of physical exercise, and smoking can increase the cases of intestinal ailments. Innovations in ostomy bag designs, adhesives, and other accessories can improve outcomes for patients undergoing ileostomy. However, social stigma associated with stomas and high cost of surgeries can hamper the market growth. Ongoing advancements in virtual stoma marking and 3D printing technologies can offer lucrative opportunities over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global ileostomy market, and provides market size (USD billion) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global ileostomy market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Coloplast, Hollister, ConvaTec, B. Braun, and Salts Healthcare
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global ileostomy market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ileostomy market
Detailed Segmentation-
Table of Contents
*Browse 32 market data tables and 28 figures on "Ileostomy Market” -Global forecast to 2031
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