Global Bowel Management Systems Market, By Product Type (Irrigation Systems, Nerve Modulation Devices (NMD), Colostomy Bags, Others), Patient Type (Adult, Pediatric), End User (Hospitals, Ambulatory Surgery Centers, Home Care, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Bowel management systems market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 2.48 billion by 2028 and will grow at a CAGR of 4.2% in the above mentioned forecast period.
Bowel management system is mainly a soft catheter which is introduced into the rectum to change the diluted or semi-solid stool condition and offer containment. It helps the patients who are having fecal incontinence, constipation and also can be used for the patients who have met spinal cord surgeries and other neurological disorders.
The easy availability of technologically advanced bowel management products is amongst the important factors intensifying the growth and demand of bowel management systems market. In addition, the rapidly increasing geriatric population and increasing target patient population are also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the various favorable reimbursement scenarios in developed countries and rising awareness regarding bowel management are also enhancing the growth of the market. Likewise, the dietetic imbalance caused due to consumption of unhealthy food is also lifting the market growth in the above mentioned forecast period. Also, the increasing awareness of the availability of these products leading to the introduction of new products and also address the many unmet needs thus is also one of the significant factors fueling the growth of the bowel management systems market.
The introduction of technologically advanced products along with progression of the healthcare sector and the increase in R&D activities by major key players will further accelerate the expansion of the bowel management systems market and are also are offering significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the discomfort coupled with the use of bowel management devices and patient inclination for non-invasive clinical management of Fi will curb the growth of the bowel management systems market, whereas the discrepancy in reimbursement for bowel management products in emerging countries and underreporting of Fi have the potential to challenge the growth of the bowel management systems market.
This bowel management systems market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on bowel management systems market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Bowel Management Systems Market Scope and Market Size
Bowel management systems market is segmented on the basis of product type, patient type and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the bowel management systems market is segmented into irrigation systems, nerve modulation devices (NMD), colostomy bags and others.
- On the basis of patient type, the bowel management systems market is segmented into adult and pediatric.
- The end user segment of bowel management systems market is segmented into hospitals, ambulatory surgery centers, home care and others.
Bowel Management Systems Market Country Level Analysis
Bowel management systems market is analyzed and market size insights and trends are provided by country, product type, patient type and end user as referenced above.
The countries covered in the bowel management systems market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the bowel management systems market owing to the strong presence of major market players, high adoption rate of bowel management systems, associated with patient awareness and well-established healthcare infrastructure within the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the increasing incidence of fecal incontinence coupled with the rising geriatric population within this particular region.
The country section of the bowel management systems market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Bowel management systems market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for bowel management systems market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the bowel management systems market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Bowel Management Systems Market Share Analysis
Bowel management systems market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bowel management systems market.
The major players covered in the bowel management systems market report are Coloplast Pty Ltd, Medtronic, 3M, Welland Medical limited, B. Braun Melsungen AG, BD, Consure Medical, Laborie, Inc., Renew Medical Inc, Axonics Modulation Technologies, Inc., ConvaTec Inc, Hollister Incorporated, MBH-International A/S, Atrium Health, McKesson Medical-Surgical Inc., ProSys International Ltd, Medline Industries, Inc., Wellspect HealthCare, a Dentsply Sirona Company, and Restech among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Bowel Management Systems Market
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