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Ongoing Forecast Study on Colon Decompression Kits Market to Reveal Key Insights Assessed for 2018-2028 Period

05-23-2018 07:11 AM CET | Health & Medicine

Press release from: Future Market Insights

Ongoing Forecast Study on Colon Decompression Kits Market

Need for Colon Decompression Kits

The colon compression kits contain a drainage catheter, wire guide, and other related items. They are used in colonoscopy surgeries to remove the abnormal colon. They are also used in operations such as toxic mega colon, pseudo obstruction, and decompression of the colon to remove the stricture. For the performance of the colonoscopy surgeries, there is a small insertion of the colon tube at the site of the injury. The site of the injury is identified with the black hole or small gas bubbles that escape from the obstructed site. A flexible wire present in the kit is used for oesophageal dilation. The tube that is inserted through the oesophagus goes to the site of the injury and the colon tube is withdrawn and the tube is advanced over the flexible wire and hence the airs and liquid through the catheter indicates successful compression. The position for the tube is identified by the roentgenogram indicating the adequacy of the procedure. The tube has joints that help to pass through the skin in a secured manner and a coating of paraffin oil is applied to the tube before insertion.

Need of Colon Decompression Kits

From 2013 to 2017 many patients have undergone colon surgeries. A review was conducted on how the patients felt after the implant and the success rate of the implant was checked. According to the review, most of the patients were satisfied with the colon surgeries. The surgery was conducted mainly in patients when bleeding occurred in the colon, where was bowel detected in the colon. If cancer of colon is detected in the early stage surgery is a better option, as the tumor can be removed. Likewise, if there is symptoms of diverticulitis then the patients is recommended to get operated. All the above mentioned indications need colon decompression kits in order to get operated and the prevalence of such indications is increasing because of unwanted food habits, smoking, and alcohol consumption.
Factors Driving the Colon Decompression Kits Market

The global market for colon implant is driven by increasing incidences of food poisoning, cancers, dysfunction of colon prevalence for lifestyle-related chronic disorders such colon cancer, and colon bleeding, among others. Availability of reimbursement policies for implants is a preliminary factor increasing the penetration of these products in the matured markets. However, emerging countries do not have definite reimbursement policies for colon implants, which restricts the growth of the market. Technological advancements in colon decompression kits is an important factor fueling the growth of the colon decompression kits market. Colon decompression plays a very important role in curing the damage to the organs, if the implants is done at the right time.

Partial Colectomy Segment has a Significant Market Share

Significant portion of the market is covered by the partial colectomy, total colectomy, and hemicolectomy segments. In partial hemicolectomy implants many colon decompression kits are used owing to which the segment eventually holds a large revenue share in the market. Moreover, the awareness towards prognosis of partial hemicolectomy implants is growing as toxicity generated in the colon, food infections pains, and deformity in the colons, which results in strong positioning of these segments in the overall market. Technologically advanced materials are used in partial colectomy colon decompression kits, owing to which they are often used and have maximum market share.

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Colon decompression test mostly conducted in Hospitals

Hospitals and diagnostics laboratory segments have a strong position in the market due to invasive nature of colon decompression kits market. These end user segments share significant portion of revenue share in the overall market. However, continuing growth of colon decompression kits market and higher sensitivity and specificity of colon surgeries will provide remarkable growth opportunities for colon market in outpatient clinics, hospitals settings. Further, the growing trend of self-diagnostic & hospitals as prognostic approach would flourish the growth of the market.

Regional Market Outlook

Geographically, the global colon decompression is segmented into five key regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and the Middle East & Africa, Japan. North America will continue to dominate the global market due to the availability of advanced technologies and more number of laboratory developed tests. Europe is expected to hold second large market share in the global colon decompression due to growing prevalence of chronic diseases.

Competition Outlook

Examples of some of the key players identified in the global colon decompression are Supremex Equipment, Taheri Enterprises, M.S. Surgicals, etc. Majority of colon decompression kits are available as laboratory developed tests. The hospitals which provide full colon decompression kits are Breach Candy hospitals, Apollo Groups of Hospitals, John Hopkins Hospital. Colon decompression testing varies at the regional level owing to variations in terms of available technologies used in laboratory-developed colon decompression kit implants. However, colon decompression offers a global opportunity to its manufacturers, as they are the common tests performed globally.

Key Data Points Covered in the Report

The report covers exhaustive analysis on:

Colon decompression kits market by test type, end user and region
Regional level market analysis of North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan, Japan, Middle East & Africa by test type, end user segments and country
Colon decompression kits market Dynamics & Opportunity Assessment
Historical Actual Market Size, 2013 - 2017
Colon decompression kits market Size & Forecast 2018-2028
Colon decompression kits market Agents Current Trends/Issues/Challenges
Competition & Companies involved

Report Highlights:

Shifting industry dynamics
In-depth market segmentation
Historical, current and projected industry size Recent industry trends
Key Competition landscape, market structure, regulatory scenario
Epidemiology outlook for diseases
Economical spending, regional healthcare outlook, consumer healthcare expenditure
Availability of testing, cost of test, specificity and sensitivity of test kits
Strategies for key players and product offerings, Channel strategies, regional foot print, channel footprint
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance in terms of value and volume

Market Segmentation

By Application

Partial Colectomy
Total Colectomy
Hemicolectomy

By End user

Hospitals
Diagnostics Laboratories

By Region

North America
Latin America
Eastern Europe
Western Europe
Asia Pacific Excluding Japan
Japan
Middle East & Africa

Research Methodology

The market sizing of colon decompression kits will be done by the adoption data triangulation approach. The demand-side approach will be followed to assess the actual market size of colon decompression kits. Secondary research will be done at the initial phase to identify the feasibility of the target product/technology categories and its respective segments, product and service offerings, equipment installed base in end-use facilities, adoption rate and future impact of new technologies. Additionally, per capita consumption of kits, reagents and consumables among end users will be tracked at a granular level to obtain the most accurate information. Each piece of information will be eventually analyzed during the entire research project, which will help build a strong base for the primary research information.

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Primary research participants include demand-side respondents such as laboratory managers, procurement managers, research supervisors at academic and research institutes, as well as key opinion leaders in addition to supply-side respondents such as equipment and reagent manufacturers, custom solution and service providers who provide valuable insights on trends, research application of products and technologies, purchasing patterns, services offered and associated pricing.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
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Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website :www.futuremarketinsights.com

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