San Francisco, CA -- (SBWIRE) -- 01/18/2018 -- Global Ileostomy Market: Overview

An ileostomy surgery is an opening, called stoma, created in the abdomen using the end of the small intestine known as the ileum to divert digestive waste into a special bag attached to this opening. The surgical procedure can be temporary or permanent and is required when the rectum or colon does not function properly, which causes difficulty for the digestive waste to pass through the entire length of the small intestine. One of the most popular conditions requiring ileostomy surgery in patients is various types of inflammatory bowel diseases (IBDs). Temporary process is performed to facilitate healing after surgery is done on small intestine or colon, or may be needed when a complicated surgery needs to be done on the rectum or the anus of patients.

Growing incidence of colon and rectal cancer in various parts of the world is stoking the demand for ileostomy. The presence of a robust healthcare in several developing and developed nations is boosting the popularity of ileostomy surgeries. Being able to return to normal activities for the patients after the recovery post-surgery is a vital proposition making ileostomy popular in developed countries.

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The report offers comprehensive insights into the key growth dynamics, the scope of various procedures, the factors driving the demand across key end users, emerging opportunities in major regions, and the competitive landscape in the forecast period of 2017–2025.

Global Ileostomy Market: Trends and Opportunities

The growing prevalence of IBD, particularly in developed nations, is stoking the demand for ileostomy surgeries. The increasing incidence of ulcerative colitis and Crohn's disease, caused by genetic or lifestyle factors, in various parts of the world is a prominent factor offering a sustained push to the demand for ileostomy. A worldwide geriatric population and the inclination to improve the longevity of these populations are crucial factors substantially boosting the market. The growing popularity of end ileostomies, compared to other permanent procedures, is expected to accentuate the market over the assessment period.

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The rising preference of getting ileostomy surgeries done at hospitals among patients is a notable factor boosting the market. The ease of recovery post-ileostomy after making some lifestyle changes is a vital factor attributing to the rising uptake of these procedures. The ability to meet all therapeutic and clinical conditions at hospitals in developing and developed economies is catalyzing the growth of the ileostomy market.

The emerging demand for alternative surgical procedures that are considered more efficacious may hinder the growth of the global ileostomy market. In addition, the lack of a favorable reimbursement framework for these types of surgeries in some parts of the world is hampering the demand. Nevertheless, the long-term positive outlook and recent advances made in surgical procedures are factors expected to boost the market.

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Global Ileostomy Market: Regional Outlook

Geographically, Europe is predicted to be one of the most attractive markets for ileostomy. The regional market held a substantial share on 2016 and is projected to rise at a prominent pace over the assessment timeline. The growth is supported by a robust healthcare infrastructure and is fueled by several favorable reimbursement policies prevailing in key economies of the region. The marked presence of a number of globally prominent players in the region is also providing a sustained fillip to the growth of this regional market.

Meanwhile, Asia Pacific is anticipated to present abundant lucrative prospects to market players. The regional market is projected to expand at an attractive pace in the coming years.

Competitive Analysis

Companies with a significant share in the ileostomy market include Pelican Healthcare Ltd., Marlen Manufacturing, Flexicare Medical Ltd., Salts Healthcare, Hollister Incorporated, Coloplast, Braun Melsungen AG, 3M Healthcare, Smith & Nephew, and Convatec Inc. The report offers detailed insights into the profile of various players and takes a closer look at key strategies adopted by them to consolidate their shares over the forecast period.

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