Bowel Management Systems Market Worth 2.188 Billion during Forecast Period 2017 to 2023: Pune, India, November 2018/MRFR Press Release/- Market Research Future has published a half-cooked research report on the Global Bowel Management Systems Market.
Increased research and development activities and rapid incorporation of advanced technology are aiding the healthcare sector for developing advanced treatment solutions. Changing lifestyle and unhealthy dietary habits are accusing various intestinal issue, especially in adults and elderly population.
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% and reach the valuation of USD 2.188 Bn by the end of the forecast period from USD 1.72 Bn in 2017.
Get Sample Copy for this Report at https://www.marketresearchfuture.com/sample_request/6649
The leading players profiled by MRFR that are operating in the global bowel management systems market are Coloplast (Denmark), Medtronic (Ireland), 3M (the U.S.), Hollister (the U.S.), Aquaflush Medical Limited (the U.K.), B. Braun (Germany), C.R. Bard (the U.S.), Consure Medical (India), Cogentix Medical (the U.S.), Axonics Modulation Technologies (the U.S.), ConvaTec (the U.K.), 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.
The global bowel management systems market has been segmented on the basis of product, patient type and end-user. Based on product, the bowel management systems market has been segmented into irrigation systems, colostomy bags, nerve modulation devices (NMD) and other products and accessories. The colostomy bags segment commands for the major share in the global bowel management market. Whereas, the nerve modulation devices (NMD) segment is projecting the fastest growth in the global bowel management systems market. Based on patient type, the bowel management systems market has been segmented into adult patients and pediatric patients. The adult patients segment command for the major share in the global bowel management market. Based on end-user, the bowel management systems market has been segmented into home care and hospitality and ambulatory surgery centers. The home care segment accounts for the major share in the global bowel management systems market.
Browse Complete Premium Research Report Enabled with Respective Tables and Figures at https://www.marketresearchfuture.com/reports/bowel-management-systems-market-6649
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. The Americas command for the major share in the global bowel management systems market. Rapid adoption of technologically advanced healthcare solutions, high prevalence of intestinal disorders caused due to changing lifestyle and unhealthy dietary habits and rise in geriatric population along with increased healthcare expenditure are some of the factors that are propelling the growth of the global bowel management systems market in this region. Increased research activities for the development of comfortable bowel management devices and easy adoption of advanced technology are leading to the significant growth of the bowel management systems market in the Europe region.
The Asia Pacific region is projecting fastest expansion in the global bowel management systems market owing to the rapid development of healthcare sector, rise in awareness regarding the availability of effective treatments and rise in geriatric population in this region. Lack of awareness and presence of poor primary healthcare facilities in the underdeveloped areas are acting as restraints on the growth of the bowel management systems market in the Middle East and Africa region.
About Market Research Future: MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar, Pune
+1 646 845 9312