Bowel Management Systems Market CAGR by Disease Type, Diagnosis and Management Forecast 2023
Global Bowel
Management Systems Market includes discussion on current and historical
market trends, challenges and growth opportunities backed by factful feedbacks.
Rapid change in lifestyles and unhealthy dietary habits is leading to the rise
in intestinal issues such as fecal incontinence and constipation among adults.
With advancement in healthcare technology and development of various medical devices,
these health issues are being managed with the help of bowel management systems
Market Research
Future (MRFR) has published a report asserting that the global bowel management
systems market is marked to expand steadily at a CAGR of 4.1% during the forecast
period of 2017-2023 and reach the valuation of 2.188 Bn by the end of 2023 from
1.72 Bn in 2017.
Global rise in
geriatric population and dietary imbalance caused due to consumption of
unhealthy food are majorly propelling the growth of the global bowel management
systems market.
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Globally leading players operating in the bowel management
systems market are,
Coloplast
(Denmark), Medtronic (Ireland), 3M (the U.S.), B. Braun (Germany), C.R. Bard
(the U.S.), Consure Medical (India), Cogentix Medical (the U.S.), Aquaflush
Medical Limited (the U.K.), Axonics Modulation Technologies (the U.S.),
ConvaTec (the U.K.), Hollister (the U.S.), MBH-International A/S (Denmark),
Mederi Therapeutics Inc. (the U.S.), Welland Medical limited (the U.K.), and
Wellspect HealthCare (Sweden).
Market Drivers and Restraints
Rapid rise
in geriatric population and increased healthcare expenditure among the
population of various developed and developing regions are majorly fueling the
growth of the global bowel management systems market. Increased research and
development activities for introducing highly effective treatment solutions and
availability of favorable reimbursement policies are some other major factors
that are propelling the growth of the global bowel management systems market.
However, increasing patient preferences towards adoption of non-invasive medical
solutions and concerns regarding the discomfort caused by using bowel
management devices are likely to restrain the growth of the global bowel
management systems market during the forecast period.
Segmental Analysis
For
scope of the report, MRFR offers a comprehensive segmental analysis of the
global bowel management systems market
By
Product
- Irrigation
Systems
- Colostomy
Bags
- Nerve
Modulation Devices (NMD)
- Other
Products and Accessories
By
Patient Type
- Adult
Patients
- Pediatric
Patients
By
End User
- Home Care
- Hospitals
& Ambulatory Surgery Centers
By
Region
- Americas
- Europe
- Asia-Pacific
- Middle East
and Africa
However, concerns regarding the discomfort associated with the use of
bowel management devices and inclination towards adoption of non-invasive
treatments are likely to restrain the growth of the global bowel management
systems market during the forecast period.
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Geographically,
the global bowel management systems market has been segmented into four major
regions such as the Americas, Europe, Asia Pacific and the Middle East and
Africa.
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