Stoma Care Market is expected to expand at a CAGR of 6.6% from 2021 to 2028
Stoma Care Industry Overview The global stoma care market size was valued at USD 487.7 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.6% from 2021 to 2028. Increasing cases of colorectal cancer and bladder cancer, Inflammatory Bowel Disease (IBD), adoption of advanced technologies and rising awareness regarding stoma care products are the key driving factors for the market. In addition, the increasing prevalence in the young population is expected to upsurge the demand for stoma care and accessories during the forecast period. The COVID-19 pandemic had a detrimental effect on the market. The sudden outbreak of COVID-19 has postponed many ostomy procedures owing to which the demand for stoma care products has slightly decreased. In addition, the hospitals faced a surge of patients which overburdened emergency rooms (EDs), intermediate care units (ICUs), and intensive care units (ICUs) due to the COVID-19 pandemic. As...