COVID-19 Impact and Recovery Analysis- Ostomy Products Market 2020-2024 | Rising Number of Chronic Diseases to Boost Growth | Technavio

Technavio has been monitoring the ostomy products market and it is poised to grow by USD 1.05 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is concentrated, and the degree of concentration will accelerate during the forecast period. 3M Co., ALCARE Co. Ltd., B. Braun Melsungen AG, Coloplast AS, ConvaTec Group Plc, Hollister Inc., Marlen Manufacturing & Development Co., Nu-Hope Laboratories Inc., Peak Medical Ltd., and Smith & Nephew Plc are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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The rising number of chronic diseases has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/ostomy-products-market-industry-analysis

Ostomy Products Market 2020-2024: Segmentation

Ostomy Products Market is segmented as below:

• Product
  • Colostomy Bags
  • Urostomy Bags
  • Ileostomy Bags
  • Ostomy Care Accessories
• End-user
  • Healthcare Settings
  • Retail Stores
  • Homecare Settings
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Ostomy Products Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The ostomy products market report covers the following areas:

• Ostomy Products Market Size
• Ostomy Products Market Trends
• Ostomy Products Market Analysis

This study identifies the growing adoption of closed one-piece ostomy bags as one of the prime reasons driving the ostomy products market growth during the next few years.

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Ostomy Products Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist ostomy products market growth during the next five years
• Estimation of the ostomy products market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the ostomy products market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of ostomy products market vendors

Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product placement
• Colostomy bags - Market size and forecast 2019-2024
• Urostomy bags - Market size and forecast 2019-2024
• Ileostomy bags - Market size and forecast 2019-2024
• Ostomy care accessories - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by End-user

• Market segments
• Comparison by End-user placement
• Healthcare settings - Market size and forecast 2019-2024
• Retail stores - Market size and forecast 2019-2024
• Homecare settings - Market size and forecast 2019-2024
• Market opportunity by End-user

Customer Landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• 3M Co.
• ALCARE Co. Ltd.
• B. Braun Melsungen AG
• Coloplast AS
• ConvaTec Group Plc
• Hollister Inc.
• Marlen Manufacturing & Development Co.
• Nu-Hope Laboratories Inc.
• Peak Medical Ltd.
• Smith & Nephew Plc

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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