India Ostomy Care And Accessories Market Size & Outlook
India ostomy care and accessories market, 2018-2030 (US$M)
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India ostomy care and accessories market highlights
- The India ostomy care and accessories market generated a revenue of USD 66.9 million in 2023 and is expected to reach USD 106.3 million by 2030.
- The India market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, bags was the largest revenue generating product in 2023.
- Accessories is the most lucrative product segment registering the fastest growth during the forecast period.
Ostomy care and accessories market data book summary
| Market revenue in 2023 | USD 66.9 million |
| Market revenue in 2030 | USD 106.3 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Bags |
| Fastest growing segment | Accessories |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bags, Accessories |
| Key market players worldwide | Coloplast A/S ADR, ConvaTec Group PLC, Hollister, Marlen Manufacturing and Development Co., Nu-Hope Laboratories, Perfect Choice Medical Technologies, Safe N Simple, AdvaCare Pharma, CyMed, Eakin Healthcare Group, Alcare Diagnostics & Research Center |
Other key industry trends
- In terms of revenue, India accounted for 1.8% of the global ostomy care and accessories market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China ostomy care and accessories market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 146.9 million by 2030.
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Ostomy Care And Accessories Market Scope
Ostomy Care And Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
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India ostomy care and accessories market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ostomy care and accessories market will help companies and investors design strategic landscapes.
Bags was the largest segment with a revenue share of 84.9% in 2023. Horizon Databook has segmented the India ostomy care and accessories market based on bags, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing number of people living with bladder problems and colon cancer are boosting the demand for ostomy care products in India. A large number of individuals in this country suffer from urinary & bladder problems due to unhealthy lifestyles and lack of sanitation facilities in rural areas.
Mostly geriatric population are prone to have stomas and go for ileostomy and colostomy surgeries. There is a huge demand for colostomy in India as a large number of people suffer from bladder issues due to unhealthy eating habits. These factors are driving the growth of the ostomy care and accessories market in India.
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Our clientele includes a mix of ostomy care and accessories market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India ostomy care and accessories market , including forecasts for subscribers. This country databook contains high-level insights into India ostomy care and accessories market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India ostomy care and accessories market size, by product, 2018-2030 (US$M)
India Ostomy Care And Accessories Market Outlook Share, 2023 & 2030 (US$M)
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