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.
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.
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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. With advancement in healthcare technology and development of various medical devices, these health issues are being managed with the help of bowel management systems
Bowel Management Systems Market Competitive Landscape
Globally leading players operating in the bowel management systems market are,
- Coloplast (Denmark)
- Medtronic (Ireland)
- 3M (the U.S.)
- Braun (Germany)
- 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).
Bowel Management Systems Market Segmental Analysis
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.
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Bowel Management Systems 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.
TABLE OF CONTENTS:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
Chapter 6. Global Bowel Management Systems Market, By Product
6.1 Introduction
6.2 Irrigation Systems
Market Estimates & Forecast By Region, 2018–2023
Market Estimates & Forecast Country, 2018–2023
6.3 Colostomy Bags
Market Estimates & Forecast By Region, 2018–2023
Market Estimates & Forecast Country, 2018–2023
…Continue
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Bowel Management Systems Market Regional Analysis:
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.
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