Global Ileostomy Market: Snapshot

Ostomy is a surgical procedure which creates an opening in the human body to discharge body wastes. This opening which protrudes from the abdominal wall is called as the stoma. There are two ways ostomy is done, one is permanent and one is temporary. The ostomy procedure helps in the treatment of various diseases of urinary and digestive systems. The organs for ostomy are colon, rectum, bladder, and small intestine. Small Intestine is also called ileum.

In case of ileostomy stoma is created in small intestine (ileum) which bypasses colon, anus, and rectum. An appliance or bag is used to collect all the waste from ileum. Major applications of ileostomy are in the cases when the rectum or colon are not working properly due to diseases like colon cancer, rectal cancer, familial polyposis, inflammatory bowel disease (IBD), intestinal birth defects, intestinal accident, and intestinal emergency. Ileostomy procedure is carried out in the case of removal of whole or part of colon or large intestine. The global Ileostomy market was valued at US$765.2 mn in 2015 and is anticipated to reach US$1.65 bn by 2024, expanding at a CAGR of 8.9% from 2016 to 2024.

ileostomy market

Patients to Continue Preferring Hospitals for Ileostomy

Based on procedure, the global ileostomy market is bifurcated into ileostomy and loop ileostomy. In loop ileostomy, ileum (small intestine) in pulled out through stoma, whereas, in end ileostomy colon and sometimes rectum is pulled out through stoma. Of the two segments, the end ileostomy accounted for the larger market share in 2015 and is expected to remain the dominant segment due to its rising application in the treatment of highly prevalent inflammatory bowel diseases. In fact, the segment is likely to showcase a higher CAGR during the forecast period.

Besides the aforementioned segments, the report covers the global ileostomy market based on end users such as ambulatory surgical centers, research centers, and hospitals. Of these, hospitals constituted the leading segment with a share of 55.2% in the global market in 2016. The segment is also prophesized to remain dominant through the forthcoming years, as patients will continue preferring hospitals due to the convenience of the organized set-up and availability of advanced procedures in hospitals. Furthermore, doctors and other therapeutic requirements are more easily accessible in hospitals, which make them more preferred among patients for surgical procedures. However, during the forecast period, the ambulatory surgical centers segment is expected to report a higher CAGR.

Based on equipment, the global ileostomy market is segmented into stoma bags, support belts & girdles, adhesive remover sprays, and protective stoma guards. Of these, stoma bags emerged dominant in the market in 2015. Among the segments based on disease condition type, the market was led by cancer in the same year.

Europe to Remain Dominant Regional Market; Asia Pacific to Report Higher CAGR

Regionally, the global ileostomy market is segmented into Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. Among these regions, Europe held the leading share of 43.2% of the global market in 2015. The region boasts a well-developed healthcare infrastructure, which had aided the expansion of the ileostomy market in Europe. Besides this, several leading companies are domiciled in Europe, who are also gaining from the region’s favorable healthcare policies. Spurred by these factors, Europe is expected to remain a lucrative market for ileostomy. However, during the course of the forecast period, Asia Pacific is expected to outperform Western countries in terms of CAGR.

Major players operating in the ileostomy market includes Smith & Nephew, Convatec Inc., 3M Healthcare, B. Braun Melsungen AG, Coloplast, Hollister Incorporated, Salts Healthcare, Flexicare Medical Ltd., Marlen Manufacturing, and Pelican Healthcare.

Global Ileostomy Market: Overview

Creating stoma which is an opening in human body to remove waste produced inside the body is defined as ostomy. Ostomy is the surgery procedure used for treating diseases like cancer, inflammatory bowel disease (IBD) etc. Ostomy in different parts of the body are named accordingly such as ileostomy for small intestine, colostomy for colon, and urostomy for bladder.   This report studies the current scenario as well as future market potential for Ileostomy globally. This report provides an elaborate executive summary, which includes the market snapshot that provides market dynamics of various segments and sub-segments that are included in the report in a precise manner.

This report provides in-depth analysis of the ileostomy market. The stakeholders for this report include companies involved in the manufacturing of ileostomy, companies providing raw material for manufacturing ileostomy, and companies providing equipment for manufacturing. For providing the snapshot of the market to stakeholders, an executive summary section has been included in the report, which mainly summarizes the market trends, competition and size of different regions.

Global Ileostomy Market: Scope of the Report

The market overview section of this report analyzes market dynamics such as drivers, restraints and opportunities that influence the ileostomy market in the current and future scenario. Market share analysis among the market players is analyzed to signify percentage share of the major players operating in the ileostomy market. All these factors will help the market players to decide about the business strategies and plans to be incurred in future for strengthening their position in the global market.

The report provides market estimation of ileostomy market in terms of revenue (US$ Mn) for all the segments and sub segments with CAGR % for the period from 2016 to 2024, considering 2015 as the base year. The report also provides the volume of ileostomy procedures for the segment by type of procedures and by geography with CAGR % for the period from 2016 to 2024. Furthermore, the report incorporates market attractiveness analysis by geography category that depicts the most attractive region in the global market during the forecast period from 2016 to 2024.

Global Ileostomy Market: Key Segments

The ileostomy market has been segmented based on procedure type, equipment type, disease condition and end user. Based on procedure type, the global ileostomy market has been segmented into end ileostomy and loop ileostomy. Based on equipment type, the global ileostomy market has been segmented into stoma bags, support belts & girdles, adhesive remover sprays, and protective stoma guards. Based on disease condition type, the global ileostomy market has been segmented into cancer, diverticulitis, ulcerative colitis, Crohn’s disease and others. Based on end users type, the global ileostomy market has been segmented into hospitals, ambulatory surgical centers, and research centers.

Geographically, the Ileostomy market has been categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Moreover, analysis for the major countries comprising U.S. Canada, Germany, U.K., France, Italy, and Spain have also been provided in the report. A detailed qualitative analysis of the factors responsible for driving and restraining the growth of the Ileostomy market in various regions has been provided in this section.

Companies Mentioned in the Report

This report also includes key market trends and major opportunities that will assist new companies in establishing their presence and market players in expanding their market share in the ileostomy market. The report concludes with the company profile section which includes company overview, financial overview, product portfolio, business strategies and recent developments for market players. The major players that are profiled in the report include Smith & Nephew, Convatec Inc., 3M Healthcare, B. Braun Melsungen AG, Coloplast, Hollister Incorporated, Salts Healthcare, Flexicare Medical Ltd., Marlen Manufacturing, and Pelican Healthcare.

The global Ileostomy market has been segmented into:

  • Global Ileostomy Market, by Procedure Type
    • End Ileostomy
    • Loop Ileostomy
  • Global Ileostomy Market, by Equipment
    • Stoma Bags
    • Belt & Girdles
    • Adhesive Sprays
    • Stoma Guards
  • Global Ileostomy Market, by Disease Condition
    • Cancer
    • Diverticulitis
    • Ulcerative Colitis
    • Crohn’s Disease
    • Others
  • Global Ileostomy Market, by End User
    • Hospitals
    • Ambulatory Centers
    • Research Centers
  • Global Ileostomy Market, by Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa