Ileostomy Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 7.30 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Ileostomy Market Analysis
The Ileostomy market studied was projected to grow with a CAGR of nearly 7.3% over the forecast period. The major factor attributing to the growth of the market is the increase in the incidence of intestinal diseases like intestinal cancer, diverticulitis, Crohn’s Disease, ulcerative colitis, and inflammatory bowel disease. According to the American Association for the Advancement of Science (AAAS), the number of people suffering from inflammatory bowel diseases is three times higher than previous estimates, with sufferers also at a higher risk of developing colorectal cancer, affecting over 3 million people across Europe. Furthermore, the growing popularity of drainable ostomy bags and increasing investments in product development is boosting the market growth. However, the gaining popularity of alternative procedures is the major drawback of market growth.
Ileostomy Market Trends
This section covers the major market trends shaping the Ileostomy Market according to our research experts:
Cancer Segment is Dominating the Ileostomy Market.
The major share of the segment is attributed to the growing prevalence of gastrointestinal cancer cases. According to the American Society of Clinical Oncology (ASCO) for the year 2019 an estimated 10,590 adults; 5,610 men and 4,980 women in the United States will be diagnosed with small bowel cancer. The disease is diagnosed most often in people in their 60s and 70s. It is estimated that 1,590 deaths occur in the same year. As per the statistics, the increasing prevalence of cancer cases requiring the surgery grows the market growth propels. Furthermore, the increasing investment in research and development of the products by government initiatives and by the major players is also boosting the market growth.
North America Dominates the Market and Expected to do Same in the Forecast Period
North America is expected to dominate the overall market, throughout the forecast period. The market growth is due to the factors such as the presence of key players, high prevalence of in the region, established healthcare infrastructure are some of the key factors accountable for its large share in the market. Furthermore, beneficial government initiatives and an increase in the number of research partnerships are some of the drivers expected to increase market growth. In this region the United States has the maximum share due to supportive healthcare policies, the high number of patients, and a developed healthcare market.
Ileostomy Industry Overview
The Ileostomy market is moderately competitive and consists of several major players. Some of the companies which are currently dominating the market are ConvaTec Inc., B. Braun Melsungen AG, Coloplast, Hollister Incorporated, Salts Healthcare, Flexicare Medical Ltd., Marlen Manufacturing, Smith & Nephew, 3M Healthcare.
Ileostomy Market Leaders
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ConvaTec Inc.
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B. Braun Melsungen AG
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Coloplast
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Hollister Incorporated
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Salts Healthcare
*Disclaimer: Major Players sorted in no particular order
Ileostomy Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Increasing Incidence of Intestinal Diseases
- 4.2.2 Growing Popularity Drainable Ostomy Bags
- 4.2.3 Increasing Investments in Research and Development Activities
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4.3 Market Restraints
- 4.3.1 Popularity of Alternative Procedures
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4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Procedure Type
- 5.1.1 End Ileostomy
- 5.1.2 Loop Ileostomy
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5.2 By Equipment Type
- 5.2.1 Stoma Bags
- 5.2.2 Belts & Girdles
- 5.2.3 Others
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5.3 By Disease Type
- 5.3.1 Cancer
- 5.3.2 Crohn's Disease
- 5.3.3 Ulcerative Colitis
- 5.3.4 Others
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5.4 Geography
- 5.4.1 North America
- 5.4.1.1 United States
- 5.4.1.2 Canada
- 5.4.1.3 Mexico
- 5.4.2 Europe
- 5.4.2.1 Germany
- 5.4.2.2 United Kingdom
- 5.4.2.3 France
- 5.4.2.4 Italy
- 5.4.2.5 Spain
- 5.4.2.6 Rest of Europe
- 5.4.3 Asia-Pacific
- 5.4.3.1 China
- 5.4.3.2 Japan
- 5.4.3.3 India
- 5.4.3.4 Australia
- 5.4.3.5 South Korea
- 5.4.3.6 Rest of Asia-Pacific
- 5.4.4 Middle-East and Africa
- 5.4.4.1 GCC
- 5.4.4.2 South Africa
- 5.4.4.3 Rest of Middle-East and Africa
- 5.4.5 South America
- 5.4.5.1 Brazil
- 5.4.5.2 Argentina
- 5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 ConvaTec Inc.
- 6.1.2 B. Braun Melsungen AG
- 6.1.3 Coloplast
- 6.1.4 Hollister Incorporated
- 6.1.5 Salts Healthcare
- 6.1.6 Flexicare Medical Ltd.
- 6.1.7 Marlen Manufacturing
- 6.1.8 Smith & Nephew
- 6.1.9 3M Healthcare
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Ileostomy Industry Segmentation
As per the scope of the report, ileostomy is a stoma built by bringing the end or loop of small intestine out onto the surface of the skin, or the surgical procedure which creates this opening. Intestinal waste passes out of the ileostomy and is collected in an artificial external pouching system which is adhered to the skin This report is segmented by Procedure Type, by Equipment Type, by Disease Type, and by Geography.
| By Procedure Type | End Ileostomy | |
| Loop Ileostomy | ||
| By Equipment Type | Stoma Bags | |
| Belts & Girdles | ||
| Others | ||
| By Disease Type | Cancer | |
| Crohn's Disease | ||
| Ulcerative Colitis | ||
| Others | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | Middle-East and Africa | GCC |
| South Africa | ||
| Rest of Middle-East and Africa | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America |
Ileostomy Market Research FAQs
What is the current Ileostomy Market size?
The Ileostomy Market is projected to register a CAGR of 7.30% during the forecast period (2024-2029)
Who are the key players in Ileostomy Market?
ConvaTec Inc., B. Braun Melsungen AG, Coloplast, Hollister Incorporated and Salts Healthcare are the major companies operating in the Ileostomy Market.
Which is the fastest growing region in Ileostomy Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Ileostomy Market?
In 2024, the North America accounts for the largest market share in Ileostomy Market.
What years does this Ileostomy Market cover?
The report covers the Ileostomy Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Ileostomy Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
What are the major factors driving the Ileostomy Industry?
The major factors driving the Ileostomy Industry are a) Increasing awareness and acceptance of ostomy procedures b) Expanding access to healthcare in emerging economies
Ileostomy Industry Report
The ileostomy industry is experiencing significant growth, fueled by heightened awareness and advancements in ostomy care, alongside an increasing prevalence of chronic diseases like cancer, Crohn's disease, and ulcerative colitis. This surge in demand is driving market expansion, particularly through the development of innovative products such as sensor-equipped stoma bags and accessories aimed at enhancing patient comfort. The introduction of disposable and drainable bags, offering both cost benefits and improved quality of life, further contributes to the industry's growth. Despite challenges like unfavorable reimbursement policies and patient reluctance towards surgery, technological advancements and efforts by various organizations to raise awareness are propelling the market forward. The industry benefits from a growing demand for skin-friendly, durable, and water-resistant products in ambulatory surgical centers. With a focus on research and development, the market is set to introduce more innovative solutions, improving patient outcomes in ostomy care. For detailed insights, Mordor Intelligence™ provides an in-depth analysis, including market share, size, revenue growth rate, and a forecast outlook, available as a free report PDF download.
