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Bowel Management Systems Market , By Product (Colostomy Bags, Irrigation Systems, Nerve Modulation Devices & Accessories (Radiofrequency, Surgical Implants, Artificial anal Sphincters, Anal Plugs, Colostomy Accessories) Outlook 2024

09-07-2018 03:17 PM CET | Health & Medicine

Press release from: Axiom Market Research & Consulting

Faecal incontinence (FI) is a common denominator among hospitalized patients and has a harmful impact on social, psychological and physical functioning. Bowel management system or faecal management system is a fully closed system that collects and contains liquid or semi-liquid stool, helping to preserve skin integrity and prevent environmental contamination. Additionally, these systems enhance patient comfort and dignity, and allow more accurate fluid balance monitoring. Closed bowel management systems have been clinically shown to successfully prevent stool contact with skin, reducing chances of developing secondary complications that increase healthcare costs and extend the patient’s stay. Furthermore, they aid in the prevention and protection of perianal and sacral pressure areas.

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The global bowel management systems market has gained remarkable growth due to surging aging population coupled with expanding target patient population. Furthermore, increasing innovative product launches and favourable reimbursement scenario in developed countries are propelling the overall market growth. Development of low-cost bowel management systems and disparities in reimbursement for bowel management products in emerging countries are some of the opportunities which are expected to fuel the growth of this market in coming years. However, the global bowel management systems market is hampered by discomfort associated with the use of bowel management devices and patient preference for non-invasive clinical management of fecal incontinence. However, proven advancement in technologies can help in creating better bowel management system’s in future.

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Bowel Management Systems Market by End User

Based on end user, the market is segmented into ambulatory surgery centres, home care and hospitals. The home care segment held the largest market share in 2017 and is anticipated to flourish at a lucrative rate during the forecast period. Increasing need for device replacement on a regular basis and surging adoption of bowel management products in home care settings are propelling the segment growth.

Bowel Management Systems Market Key Companies

Some of the major players operating in the global bowel management systems market include 3M Company, Aquaflush Medical Limited, Axonics Modulation Technologies, B. Braun, C. R. Bard (Becton Dickinson), Cogentix Medical

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Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

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