Ostomy care accessory market to reach $1.3b by 2034

Notable developments include smart sensors and remote monitoring.

The global ostomy care accessory market is projected to reach $1.3b by the end of 2034 at a compound annual growth rate of 7.5%, according to FACT.MR.

The sector’s expansion is attributed to advancements in digital health technologies amidst the rise of the ageing population and the prevalence of gastrointestinal conditions.

“Important developments include the use of smart sensors and remote monitoring in conjunction with digital health technology to deliver real-time health insights,” the report said.

Meanwhile, increased access to healthcare services, heightened patient awareness, and sustainable practices have further driven market growth.

“Customised assistance initiatives, breakthroughs in regulations, and the creation of affordable alternatives may all contribute to the realisation of potential,” it added.