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Ostomy Care Accessory Market is Predicted to Reach US$ 1,287.9 Million by 2034, Expanding at a CAGR of 7.5% | Fact.MR Report [Yahoo! Finance]

COLOPLAST AS SP/ADR (CLPBY) 
NASDAQ:AMEX Investor Relations: coloplast.com/investor-relations
Company Research Source: Yahoo! Finance
Rockville, MD, Jan. 14, 2025 (GLOBE NEWSWIRE) -- In 2024, the global ostomy care accessory market is poised to reach a valuation worth US$ 626.5 million . During the forecast period, the demand is anticipated to garner a CAGR of 7.5% and hence reach a sum of US$ 1,287.9 million by the end of 2034. Continuous technological developments, such as digital health technology and smart sensors, encourage innovation in the ostomy care accessory market. The need for advanced treatments is driven by the global aging population, especially those with gastrointestinal issues, since they improve acceptability and user experience overall. There are several prospects in the ostomy care accessory market due to the expansion of healthcare access, the raising of patient awareness, and the quest for sustainable practices. Customized assistance initiatives, breakthroughs in regulations, and the creation of affordable alternatives may all contribute to the realization of potential, guaranteeing all-e Show less Read more
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