Global Bowel Management Systems Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028
“Global Bowel Management Systems Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global bowel management systems market report has been segmented on the basis of patient type, end user, and region.
Global Bowel Management Systems Market Overview:
Bowel management solutions can play an important role in helping you take control of your bowel problems. These devices protect against perianal skin excoriation, restrict the potential spread of infection, and reduce basic nursing requirements. Rapidly changing lifestyles and unhealthy eating habits are resulting in increased incidence of intestinal issues. Constipation and fecal incontinence among the adults are increased in developed and developing countries. Various substantial developments are made related to healthcare technology and medical equipment these health-related issues are likely to be managed with support of the bowel management systems.
Global Bowel Management Systems Market Dynamics:
Increasing responsiveness related to accessible treatments majorly for bowel related health issues, rapidly rising aged population, and accessibility to technologically developed bowel management products are major factors expected to drive growth of the global bowel management systems market. In addition, well-developed healthcare infrastructure, coupled with favorable reimbursement policies in developed countries, and rising number of patient suffering from bowel associated problems due to unhealthy lifestyle are some other factors expected to support growth of the global market to certain extent.
Moreover, increasing influence of preventative health care system and rising incidences of fecal incontinence (FI) among adults are some other factors expected to further support growth of the target market over the forecast period.
However, several concerns related to discomfort linked with usage of bowel management equipment and inclination toward the implementation of non-invasive treatment methods are some major factors expected to restrain growth of the global bowel management systems market over the forecast period.
Increasing investment by major players for new technologies and R&D activities is expected to create new opportunities in terms of revenue for players operating in the target market over the forecast period. In addition, expansion activities through strategic partnership and agreements among regional and international players for technological advancements is further expected to support growth of the target market to certain extent.
The market in Asia Pacific is expected to witness faster growth, owing to increasing patient pool suffering from fecal incontinence, increasing government expenditure on development of healthcare sector infrastructure, and presence of major players operating in emerging economies in this region. The market in North America is expected to dominate in the global bowel management systems market and is expected to continue its dominance over the forecast period. The dominance can be attributed to well-developed healthcare infrastructure and presence of major players operating in the countries in the region. In addition, increasing merger and acquisition activities among regional and international players is expected to further support growth of the market to certain extent in this region.
The market in Latin America is expected to witness moderate growth rate, owing in increasing presence of major manufacturers operating in developing countries such as Brazil and Argentina in this region.
Global Bowel Management Systems Market Segmentation:
By Patient Type:
By End User:
- Hospitals and Ambulatory Surgery Centers
- Home Care
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Coloplast A/S
- Medtronic, Inc.
- 3M Company
- Braun Melsungen AG
- R. Bard, Inc.
- ConvaTec Inc.
- Consure Medical Private Limited
- Cogentix Medical, Inc.
- Aquaflush Medical Limited
- Axonics Modulation Technologies
- Hollister Co.
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