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The market for ostomy care in the United States is being driven by the growing cases of cancer in the country. According to the National Cancer Institute, the rate of new cancer cases in the United States is 442.4 per 100,000 women and men per year. This is surging the demand for stoma care, hence bolstering the market growth of ostomy care and accessories in the country. Moreover, the robust healthcare industry in the country is increasing the accessibility of all socioeconomic classes to optimal healthcare, which is also escalating the utilisation of ostomy care and accessories. Advancements in medical technology are projected to fuel the market growth of ostomy care. This is surging the deployment of 3D printing to develop personalised ostomy accessories. Also, the use of 3D printing technology is expected to boost the cost-effectiveness of ostomy care products and accessories, which is estimated to propel the market growth.
Coloplast Corp (OTCMKTS: CLPBY), one of the leading companies in the market, introduced two new innovative products for premature kids and babies in July 2019. The new products, SenSura Mio Baby and SenSura Mio Kids, enable the company to offer a full range of ostomy care products for each body profile. The SenSura Mio Baby product range provides a long wear time to prevent side effects in premature babies with sensitive skin. Moreover, the products are designed for round bellies of children, and combine and function to enhance children’s experience. Such products are leading to the development of ostomy care and accessories products, which is propelling the growth of the market.
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The major players in the United States ostomy care and accessories market are ConvaTec Inc., Coloplast Corp., Hollister Incorporated, B. Braun Melsungen AG, and CYMED, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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