Bowel Management Systems Market: Size, Share, Growth, Trends, and Forecasts 2018–2026
Sarasota, FL -- (SBWIRE) -- 01/14/2019 -- Global Bowel Management Systems Market: Overview
Rapidly changing lifestyles and unhealthy eating habits are resulting in increased cases of intestinal issues. For instance, constipation and fecal incontinence among the adults are on a rise in various regions of the world. With various substantial developments made related to healthcare technology and medical equipment, these health-related issues are likely to be managed with the support of the bowel management systems. Additionally, the increasing geriatric population across the world and dietary imbalance majorly caused due to the consumption of junk food is likely to propel the expansion of the bowel management systems market on a global scale.
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Global Bowel Management Systems Market: Growth Factors
The major growth drivers of the global market for bowel management systems market include the increasing target patient inhabitants, rapidly rising aged population, accessibility to technologically developed bowel management products, and favorable reimbursement policies in various developed regions across the world. The substantial advancement of healthcare infrastructure and equipment in emerging economies and increase in responsiveness related to the accessible treatments majorly for bowel related health issues are likely to further fuel the expansion of the global bowel management systems market. The increasing influence of preventative health care system and the momentous occurrence of fecal incontinence (FI) mostly among adults are projected to drive the expansion of this market in the years ahead. However, several concerns related to the discomfort linked with the usage of bowel management equipment and inclination toward the implementation of non-invasive treatment methods might restrain the development of the bowel management systems market in the upcoming years.
Global Bowel Management Systems Market: Segmentation
The global bowel management systems market is fragmented based on product, end-user, and patient type. On the basis of product, this market includes nerve modulation devices (NMD), colostomy bags, irrigation systems, and other product and accessories. Based on end-user, the global bowel management market includes ambulatory surgical centers, hospitals, and home care settings. Hospitals are anticipated to dominate the global market in the coming years. In terms of patient type, the global bowel management systems market is bifurcated into pediatric and adult patients. The adult patients segment is likely to expand at a considerable pace in the upcoming years, owing to the increasing number of aged people across the world.
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Global Bowel Management Systems Market: Regional Analysis
By region, the global bowel management systems market includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. European and North American regions are likely to contribute significant market shares and anticipated to dominate the market for bowel management systems globally in the upcoming years. This can be attributed to the improved healthcare facilities in both regions. The Asia Pacific bowel management systems market is projected to grow at a rapid pace in the years to come. This can be due to the substantial advancements made related to the bowel management systems in the region and the increasing aged population in the region, particularly in Japan and India.
Global Bowel Management Systems Market: Competitive Players
Some important players of the global bowel management systems market are Medtronic, Axonics Modulation Technologies, Coloplast, Hollister, ConvaTec Group, Consure Medical, ProSys International, Cogentix Medical, C. R. Bard, Aquaflush, Respiratory Technology, B. Braun Melsungen, Wellspect Healthcare, and MBH International, among others.
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Global Bowel Management Systems Market: Regional Segment Analysis
- North America
- The U.S.
- The UK
- The Middle East and Africa