Incontinence And Ostomy Care Products Market Growth & Trends

The global incontinence and ostomy care products market size is anticipated to reach USD 23.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.1% from 2021 to 2028. The increasing incidence of colorectal cancer and urological diseases, such as Inflammatory Bowel Disease (IBD), urinary incontinence, and benign prostatic hyperplasia is anticipated to boost the market growth.

The growing risk of colorectal and urinary bladder cancer has increased the demand for ostomy care products. For instance, the American Cancer Society has reported that in 2019, the number of colorectal cases in the U.S. has increased to 101,420. This is expected to drive the growth of the market at a global level.

Increasing awareness initiatives by several market players to raise cognizance regarding these prosthetic medical devices globally is successfully breaking the stigma and taboo associated with the use of these products. For instance, Coloplast is a leading market player and has recently published Ostomy Life Study Review to raise awareness and improve the standard of ostomy care. This helps in effective patient care, building their confidence, and inspires them to live a quality life.

Moreover, the outbreak of COVID-19 has spurred the demand for incontinence products used in home settings. Since the majority of consumers are aged/seniors, there is a higher demand for these products. Restrictions on movement at international borders have created an opportunity for local players to enter the market and meet the unmet demands of the end-users. In November 2020, NorthShore Care Supply announced a free trial of 2 bags of adult diapers and a discount on all absorbents for ICU Nurses or other COVID first responders.

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Incontinence And Ostomy Care Products Market Report Highlights

• Based on type, the incontinence care products segment held the largest revenue share of around 74.9% in 2020. This can be attributed to the increasing cases of urological diseases, such as IBD, colon cancer, and bladder control problems
• The incontinence care products segment is further segmented into absorbents, incontinence bags, and others. Whereas, the ostomy care products segment is sub-divided into ostomy bags, deodorants, skin barriers, and irrigation products
• Europe dominated the market in 2020 with the largest revenue share of around 43.2%, owing to the increasing prevalence of urological diseases, supportive government policies, and increasing awareness programs

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Incontinence And Ostomy Care Products Market Segmentation

Grand View Research has segmented the global incontinence and ostomy care products market on the basis of type and region:

Incontinence & Ostomy Care Products Type Outlook (Revenue, USD Million, 2016 - 2028)

• Incontinence Care Products
• Absorbents
• Incontinence Bags
• Others
• Ostomy Care Products
• Ostomy Bags

• Colostomy Bags
• Ileostomy Bags
• Urostomy Bags
• Deodorants
• Skin Barriers
• Irrigation Products

Incontinence & Ostomy Care Products Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Asia Pacific
• Japan
• China
• India
• Australia
• South Korea
• Latin America
• Mexico
• Brazil
• Argentina
• Colombia
• Middle East & Africa (MEA)
• South Africa
• Saudi Arabia
• UAE

List of Key Players of Incontinence And Ostomy Care Products Market

• Coloplast Corp.
• Essity (Svenska Cellulosa Aktiebolaget)
• KCWW (Kimberly-Clark Corporation)
• B. Braun Melsungen AG
• Hollister Incorporated
• Unicharm Corporation
• ConvaTec Group Plc
• Welland Medical Ltd.
• Domtar Corporation
• Salts Healthcare Ltd.

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com