Latin America Ostomy Devices Market Vigorous Growth 2021-2027||Research By DBMR


Posted January 7, 2021 by kalyani09

Data Bridge Market Research analyses that the market is growing with the CAGR of 4.45% in the forecast period of 2020 to 2027 and is expected to reach USD 112,249.78 thousand by 2027.

 
Latin America ostomy devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 4.45% in the forecast period of 2020 to 2027 and is expected to reach USD 112,249.78 thousand by 2027. Increasing prevalence of bladder cancer, bowel cancer, and inflammatory bowel diseases and increasing geriatric population are the major drivers which propelled the demand of the market in the forecast period.
The major companies which are dealing in the ostomy devices are Coloplast Corp, ConvaTec Inc. (A Subsidiary of Convatec Group PLC), Hollister Incorporated, B. Braun Melsungen AG, 3M, Smith &+ Nephew.
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Latin America Ostomy Devices Market Development
In August 2017, Convatec Group PLC, has launched Natura Convex Accordion Flange which had helped to make application of two piece ostomy bags easier for patients with a stoma. This launch expanded the product portfolio of company for ostomy care.
Scope of the Latin America Ostomy Devices Market
Latin America ostomy devices market is segmented on the basis of countries into the Brazil, Mexico, Argentina, Colombia, Perú, Chile, Ecuador, Bolivia, República Dominicana, Paraguay, Nicaragua, El Salvador, Costa Rica, Panama, Uruguay, Venezuela, and Rest of Latin America.
All country based analysis of Latin America ostomy devices market is further analyzed based on further segmentation. Latin America ostomy devices market on the basis of type, the market is segmented into products and accessories. On the basis of end user, the market is segmented into homecare, hospital, clinics, ambulatory centres and others. On the basis of distribution channel, the market is segmented into direct sales, retail and others.
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Categories Business , Health , Research
Last Updated January 7, 2021