High prevalence of target disease segments coupled with high patient awareness levels and high per capita healthcare expenditure helped the North American market hold the largest market share of over 35% in 2012. However, high growth opportunities available in rapidly growing economies with large target population bases will help the Asia-Pacific incontinence and ostomy care products market grow at the fastest rate.
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Further Key findings from the study suggest:
- The global incontinence and ostomy care products market was valued at USD 11,500.0 million in 2012 and is expected to grow at a CAGR of 5.2% from 2013 to 2020
- The incontinence care products market held majority of the market share in 2012 and is expected to maintain its market position throughout the forecast period. In addition, this market will grow at the fastest rate during the forecast period. High usage rates of disposable absorbents in developed economies such as the U.S. and Japan and growing acceptance of these products in emerging economies with high unmet needs such as China and India account for its high growth rate.
- On account of the presence of a large base of patients with unmet incontinence needs, the Asia-Pacific market will grow at the fastest pace. This market is expected to grow at a CAGR of 7.6% from 2013 to 2020.
- The global incontinence care products market is highly fragmented owing to the presence of a large number of local manufacturers. Some of the prominent market players include SCA (Svenska Cellulosa Aktiebolaget), Kimberly-Clark, Unicharm Corporation and Hartmann.
- Some of the key players of the global ostomy care products market include Coloplast, ConvaTec, Hollister Inc., B. Braun Melsungen AG, Salts Healthcare and Eakin Pelican and others
- For the purpose of this study, Grand View Research has segmented the global incontinence and ostomy care products market on the basis of product and region:
Incontinence and Ostomy Care Product Outlook
- Incontinence care
- Absorbents
- Incontinence bags
- Others (clamps, cleaners, deodorizers, urinals)
- Ostomy care
- Ostomy bags
- Colostomy Bags
- Ileostomy Bags
- Urostomy Bags
- Continent ileostomy Bags
- Continent Urostomy Bags
- Deodorants
- Skin barriers
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Thanks for sharing this information with us. Hope so that this will help us in knowing the market share of all the health care products in up coming years. These products are for use of patients who are really in pain. The Ostomy care products like the designer pouch cover, swimwear, Ostomy Lingerie are just to make their day to day life simple and normal as before.
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