Bowel Management Systems Market Overview
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.
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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Changing lifestyle and unhealthy dietary habits are accusing various intestinal issue, especially in adults and elderly population. Increased research and development activities and rapid incorporation of advanced technology are aiding the healthcare sector for developing advanced treatment solutions.
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).
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.
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.
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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LIST OF TABLES
Table 1 Global Bowel Management Systems Market Synopsis, 2018–2023
Table 2 Global Bowel Management Systems Market Estimates And Forecast, 2018–2023, (USD Million)
Table 3 Global Bowel Management Systems Market, By Region, 2018–2023, (USD Million)
Table 4 Global Bowel Management Systems Market, By Product, 2018–2023, (USD Million)
Table 5 Global Bowel Management Systems Market, By Patient Type, 2018–2023, (USD Million)
Table 6 Global Bowel Management Systems Market, By End User, 2018–2023, (USD Million)
Table 7 North America Global Bowel Management Systems Market, By Product, 2018–2023, (USD Million)
…To be Continued.
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation For Global Bowel Management Systems Market
Figure 3 Segmentation Market Dynamics For Global Bowel Management Systems Market
Figure 4 Global Bowel Management Systems Market Share, By Product 2017
Figure 5 Global Bowel Management Systems Market Share, By Patient Type 2017
Figure 6 Global Bowel Management Systems Market Share, By End User, 2017
…To be Continued.
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