The Global Bowel Management Systems Market Size is expected to grow US$ xx.xx billion by 2025 from US$ xx.xx billion in 2018, at a CAGR rate of x.x% over the forecast period. The bowel management system is increasing massively due to rising geriatric population, growing target patient people, innovative technology based products, and the satisfactory reimbursement in various developed countries. Nowadays, growing healthcare infrastructure in developing economies and increasing awareness about various treatments for bowel health issues have attributed to huge adoption of global management system market. The global bowel management system is basically a device which enables the departure of stool, which might be semi-solid or watery, and delivers containment. It is implemented in patients with, fecal incontinence, and in patients who have suffered spinal cord surgeries, and other neural disorders. In children, these devices are mainly utilized in patients with anorectal disorders and spina bifida.
The rapidly increasing target patient and rising geriatric population, accessibility of innovative technological bowel management products, and favorable reimbursement state in developed regions are some bowel management systems market trends which are driven the high growth in coming years.
The global bowel management systems market is basically segmented on the basis of product, end-user, patient type, and region. Based on product, this market is segmented into accessories and systems. The system segment further classified as sacral neuromodulator system, irrigation systems, and others. The accessories sector is further sub segmented into catheters, plugs, sphincters, implants, stool bags, and others. The system segment is expected to enlarge at a significant growth rate over the forecast period, due to the increasing demand of irrigation systems.
By patient type, the global bowel management systems market categorized into pediatric and adult. Among these, the adult segment is anticipated to grow at a stable pace over the forecast period. This can be credited to the growing geriatric population owed to the augmented longevity owing to the decay in the mortality rates.
On the basis of end-user, global bowel management systems market size has been categorized into ambulatory surgical centers, hospitals, and home-care sectors. Among these, the hospitals sector dominated the market in previous years; though, the home-care settings sector is estimated to drive at a high CAGR throughout the forecast period.
Geographically, global bowel management systems market size is classified as North America, Asia Pacific, Europe, Latin America, and MEA. Among these, Europe and North America accounted for the largest bowel management systems Market share and are expected to continue dominant during forecast period.
Key Players of global bowel management systems market:
- Medtronic plc
- Coloplast A/S
- Hollister Incorporated
- ConvaTec Group Plc
- Cogentix Medical
- ProSys International Ltd.
- Consure Medical
- C. R. Bard, Inc.
- Wellspect Healthcare
Global bowel management systems market segmented as follow:
- Nerve Modulation Devices
- Irrigation Systems
- Colostomy Bags
By Patient Type
By End User
- Home care
- Ambulatory Surgery Centers
- North America
- Rest of Europe
Rest of World
- Middle East and Africa
- Latin America
What to expect from the upcoming report on ‘Global Bowel Management Systems Market’:
- Future prospects and current trends of the global bowel management systems market by end of forecast period (2018-2025)
- Information regarding technological progressions as well as innovations taking place in developing economies
- Supportive initiatives by government likely to influence the market dynamics
- Trends, drivers, opportunities, restraints, challenges and key developments in the market
- In-depth analysis of different market segmentations including regional segmentations, and product types
- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market
Who should buy this report?
Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers ,researchers, strategy managers, and academic institutions looking for insights into the market to determine future strategies.