HEALTHCARE

Market Insights: The global Stoma or Ostomy Care Market is estimated to be valued at USD 4,109.11 million by 2024 and is expected to register a CAGR of 7.2% during the forecast period. The global stoma or ostomy care market has been segmented by type into two-piece system and one-piece system. The two-piece system segment is holding the largest market share of 55.6% in 2018 of global stoma or ostomy care market , by type, and is projected to reach USD 2,266.86 million by 2024, as it is user-friendly, durable, and convenient for changing the bag without removing the skin barrier from the stoma. Key factors such as obesity, sedentary lifestyle, and increasing aging population are leading to colorectal cancer. The American Cancer Society estimates that there are likely to be 101,420 new cases of colon cancer and 44,180 new cases of rectal cancer in the US in 2019. Therefore these factors are responsible for propelling market growth. Whereas certain risk factors involved in os...

Market Highlights: The global Stoma or Ostomy Care Market is estimated to be valued at USD 4,109.11 million by 2024 and is expected to register a CAGR of 7.2% during the forecast period. The global stoma or ostomy care market has been segmented by type into two-piece system and one-piece system. The two-piece system segment is holding the largest market share of 55.6% in 2018 of global stoma or ostomy care market , by type, and is projected to reach USD 2,266.86 million by 2024, as it is user-friendly, durable, and convenient for changing the bag without removing the skin barrier from the stoma. America dominated the market, accounting for the largest share of the market by 43.3% in 2017. The European market was the second-largest in 2017 valued at USD 578.53 million. The European market is forecasted to register a CAGR of 7.2% by the end of 2024, with Germany being the leading regional market. Access Full Report Details with Tables and Figures Exclusively @ https:...