Bowel Management Systems Market Overview:
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.
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. 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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Competitive Dashboard:
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 Segmentation:
The global bowel management systems market has been segmented on the basis of product, patient type and end-user.
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
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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 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.
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TABLE OF CONTENTS:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
…continued
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