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Showing posts with the label Ostomy Care And Accessories Market 2028

Ostomy Care And Accessories Market Is Likely To Up Demand At A USD 4.8 Billion By 2028

  San Francisco, 10 June 2021:   The Report  Ostomy Care And Accessories Market  Size, Share & Trends Analysis Report By Product (Bags, Accessories), By Application (Colostomy, Ileostomy, Urostomy), By End-use (Home Care Settings, Hospitals), By Region, And Segment Forecasts, 2021 - 2028 The global ostomy care and accessories market size is anticipated to reach USD 4.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.1% from 2021 to 2028. The increasing prevalence of bladder and colorectal cancer coupled with the rise in the geriatric population is a key contributor to market growth. The high prevalence of colorectal cancer and urinary bladder cancer has increased the demand for ostomy care products globally. For instance, as per the estimates of the American Cancer Society, in the U.S., in 2021, around 149,500 people are expected to be diagnosed with colorectal cancer, and approximately 52,980 people are expect