Global Ostomy Devices Market is set to witness a stable CAGR in the forecast period of 2019-2026. The report contains data from the base year 2018 and historic year 2017. Increasing awareness about ostomy products is the major factor for the growth of this market.
This ostomy devices market research report is an all-inclusive synopsis on the study of medical device industry and its influence on the market environment. The report highlights current and future market trends and carries out analysis of the effect of buyers, substitutes, new entrants, competitors, and suppliers on the market. Furthermore, the report also displays data on key players, major collaborations, merger and acquisitions along with trending innovation and business policies. Ostomy devices market report endows with the data and statistics on the current state of the industry which directs companies and investors interested in this market.
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To thrive in this competitive market place, market research report plays a vital role which gives important and meaningful market insights for your business. Businesses can successfully utilize the data, statistics, research, and insights about the medical device industry included in this ostomy devices report to make decisions about business strategies and to achieve maximum return on investment (ROI). Actionable market insights are always very important if seeking to create sustainable and profitable business strategies. The ostomy devices report presents the data and information for actionable, newest and real-time market insights which makes it easy to take critical business decisions.
Key Market Competitors:
Few of the major competitors currently working in the ostomy devices market are Coloplast, Alcare Diagnostic Research Center Pvt. Ltd., Nu-Hope Laboratories, Inc., Welland Medical Limited, Messe Düsseldorf GmbH, Flexicare (Group) Limited, 3M, Smith & Nephew, ConvaTec Inc., B. Braun Melsungen AG, Marlen International., Hollister Incorporated, BD, Johnson & Johnson Services, Inc, GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., Medtronic.
Key Developments in the Market:
In August 2017, ConvaTec Group Plc announced the launch of their Natura Convex Cut-to-Fit Accordion Flange. It is specially designed to make two-piece ostomy pouch application easier and comfortable. This new product is easy to use and reduces abdomen pressure. They are available in Convex and Flat Cut-to-Fit options with ConvaTec Moldable Technology which will be used to prevent the leakage.
In May 2016, B. Braun Medical Inc. announced the launch of their Flexima 3S Ostomy Appliances in the North America. The main aim is to provide high quality ostomy devices to the customers in U.S. and Canada. It is designed with applications like multi base plate, guiding system, coupling mechanism and soft material. It will provide pouch security to the patient without any visual inspection.
Increasing demand for one- piece ostomy bags is driving the growth of this market
Rising incidences of colorectal cancer ulcerative colitis and Crohn’s disease is another factor driving the market
Unsecured reimbursement system is restraining the market growth
Table of Contents
5.Global, By Component
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Segmentation: Global Ostomy Devices Market
By End- Users
Home- Care Setting
Middle East & Africa
Global ostomy devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of ostomy devices market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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