Tag: Incontinence and ostomy supplies
Coloplast reports growth
January 27, 2022HME News Staff
HUMLEBAEK, Denmark – Coloplast saw 6% organic growth in its first quarter ended Dec. 31. Reported revenue in DKK was up by 9% to DKK 5,169 million. Organic growth rates by business area were ostomy care 6%, continence care 5%, interventional urology 5% and wound & skin care 12%. EBIT before special items was DKK 1,649 million, a 7% increase from last year, corresponding to an EBIT margin before special items of 32% against 32% last year. EBIT after special items was DKK 1,615 million, a 5%...
Incontinence market to reach $17B by 2020, study says
January 22, 2014HME News Staff
SAN FRANCISCO - The worldwide market for incontinence and ostomy supplies will grow from $11.5 billion in 2012 to $17 billion by 2020, according to a Grand View Research study published Jan. 17. High rates of incontinence, inflammatory bowel disease and ulcerative colitis, combined with higher demand for home and institutional healthcare and greater patient awareness, are driving the growth, according to the release. Absorbent disposable products dominate the market, accounting for more than 85%...