Ileostomy Market Size, Share & Industry Analysis, By Type (One Piece Bag and Two Piece Bag), By Application (Permanent Ileostomy and Temporary Ileostomy) Regional Forecast To 2031

Updated On: 01 April 2024

ILEOSTOMY MARKET REPORT OVERVIEW 

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The global ileostomy market size was USD 799.5 million in 2021 and the market is projected to touch USD 1270 million by 2031, exhibiting a compound annual growth rate (CAGR) of 4.7% during the forecast period. 

The global COVID-19 pandemic has been unprecedented and staggering, with the ileostomy market experiencing lower-than anticipated demand across all regions compared to pre-pandemic levels.

Ileostomy is a surgical method as an aperture is initiated consuming surgical apparatuses in the ileum, which is situated in the end region of the small intestine and then arranged in such a manner that it gets appended with the abdominal wall. Furthermore, the intestinal segment is ultimately conveyed along to the abdominal wall for the structure of stoma. Moreover, the modification can be prepared for long-lasting or short-term basis and can assist in extraction of all or a specific segment of the colon. A long term basis occurs due to cancer, and short term basis because of the time required by the colon for healing. The procedure is conducted and assisted with the exclusion of the waste from the body. Additionally, the process is employed when the part of the rectum or colon is not functioning in a required manner and the surgical methods are inclusive of an absolute of a minimal bowel resection, complete proctocolectomy, and abdominal colectomy. The main purpose of this whole process is to permit the small intestine or colon to reconcile post an operation or surgery.

On the other hand, the ileostomy market consists of two differentiate types such as one piece bag and two piece bag. Firstly, a one piece system is where the bag and the adhesive base plate are joined together as one. Basically, it is the piece of the ostomy bag that connects to the skin around the stoma region. Secondly, a two piece stoma bag have an adhesive flange baseplate that mounts around the stoma area, with individual bags that are connected to the flange. Furthermore, the adhesive flange is positioned to the left side and a new bag can be set to it when necessary. The flange is frequently swapped within every two or three days.

COVID-19 Impact: Healthcare Market Running due to Illnesses and COVID-19 treatment 

The global impact of COVID-19 was negative and harsh as insensitive and rigid lockdowns were declared and implied by the government bodies on a global scale. Furthermore, the only defensive measures to reduce the spread of COVID-19 was the shutting down of workplaces, restaurants, malls and every area where crowding could be possible. Hence, led to the decline in the production and supplying quantity of every product from every industry globally. However, the healthcare markets were affected in a positive manner as developing treatments for the COVID-19 virus, constant healthcare attention to numerous patients, other illnesses requiring extensive care and cures immediately, kept the healthcare market running. Moreover, the ileostomy treatment did not record any declines as it requires treatments and one and two piece bags to patients post surgeries. The pharmaceutical and healthcare markets had accounted a profitable growth during the COVID-19 pandemic time period.

LATEST TRENDS

"Introduction of Disposable Piece Bags Flourishes the Efficiency the Product"

The latest trend within the market, is the introduction of the having the bags being disposable post consumption. This development leads to more consumers restoring trust and reliability post surgeries, it also creates more convenience to the users. As, the outer pouch remains sanitary it can be disposed of in a standard bin whereas, the inner pouch remains intact.

Hence, give rise to higher demand from consumers going through permanent and temporary ileostomy.

ILEOSTOMY MARKET SEGMENTATION

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• By Type

Based on type; One piece bag and two piece bag

Two piece bag is the leading type in this segment

• By Application

Based on application; Permanent and temporary ileostomy

Temporary ileostomy the leading application in this segment

DRIVING FACTORS

"Rising Care Centers by Non Profit Organizations Augments Market Growth"

The rising amount of care centers in regions due to nonprofit organizations and private business are due to, the increasing level of awareness and concern of care required for the procedure. Furthermore, the procedure can be extremely costly for several users and post care is usually costlier. The increase in care centers, prompts several in need to go forward with small intestine or gut surgeries and yet, receive the best possible amount of care after for minimal or at no cost value. Hence, this beneficial rise leads towards the overall ileostomy market growth.

"Increased Product’s Research and Development (R&D) Programs Boosts Market Growth"

The surges in the market are recorded due to the, higher amount of investments from key market players and governments, which also increases research and development processes. These investments are done because to improve the productivity and efficiency, of the functioning pouching mechanisms and other systems. Moreover, as equipment for the process get better equipped, it leads to consumers growing more faith towards the process and its results. Hence, which also boosts the demand and supply of the procedure while also boosting the ileostomy market share.  

RESTRAINING FACTORS

"Long Term Side Effects Post Usage of the Product Hinders Market Growth"

The main constraints the market faces, is its long term drawbacks to consumers. Furthermore, the long term drawbacks are skin infections, stenosis and prolapse to users who have gone through the procedure post surgeries. Hence, this major drawback spreads amongst people and is anticipated to hamper the market growth over the projected period.

ILEOSTOMY MARKET REGIONAL INSIGHTS

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"Europe Claims onto Foremost Market Position "

The European region dominates over others in the industry, due to having one of the largest well developed healthcare centers and infrastructures and also stimulates the expansion of the procedure and the market. Furthermore, the European government supplies favorable healthcare policies, which attracts people to go through required surgeries and procedures without any hesitation. Moreover, these factors grows the overall demand and supply of the product in this region.

KEY INDUSTRY PLAYERS

"Key Players Strategize to Improve Product Applications"

The key market players aim to boost the amount of consumption done for the procedure due to, the lack of awareness of the healthcare service. Furthermore, they are keen or implementing a larger scale of research and development programs for the product, so it caters to the consumer’s requirements and preferences. Additionally, the key players also advertise the products applications in the market.

List of Market Players Profiled

• Coloplast (Denmark)
• Hollister (U.S.)
• ConvaTec (U.K.)
• B. Braun (Germany)
• Salts Healthcare (U.K.)
• ALCARE (Japan)
• Genairex (U.S.)
• Nu-Hope (U.S.)
• Steadlive (China)
• Marlen (U.S.)
• Torbot (U.S.)

INDUSTRY DEVELOPMENT

 March 2017: Flexpoint Sensor Systems, Inc., developed and commenced an advancement of the product ostom-I Alert Sensor. The product has an enhancement of the colostomy care management system and assists in improvements in the ostomy bag operations.

REPORT COVERAGE

This report highlights types in the ileostomy market and its latest trends along with driving and restraining factors within the market. Additionally, this report highlights the key industry players and their current and upcoming advancements and why the leading region claims the entitlement.