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Global Bowel Management Systems Market 2020 Analysis Report Promising Industry Bright Future A Report By Medtronic, 3M, Wellspect HealthCare, Welland Medical limited, B. Braun Melsungen AG, BD, Consure Medical

01-27-2020 09:32 AM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Bowel Management Systems Market

Global Bowel Management Systems Market

 Being a reliable source of market research information, this Global Bowel Management Systems Market report extends the reach to success in the business. This market analysis makes knowledgeable about various segments that are relied upon to observe the quickest business development amid the estimate forecast frame. By thinking from the end user's point of view, a team of researchers, forecasters, analysts and industry experts work watchfully to formulate this Global Bowel Management Systems Market research report. The use of proven tools such as SWOT analysis and Porter's Five Forces analysis are very useful in creating such a superior Global Bowel Management Systems Market research report.

The Global Bowel Management Systems Market is expected to rise from its initial estimated value of USD 1.71 billion in 2018 to an estimated value of USD 2.29 billion by 2026 registering a CAGR of 3.7% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising geriatric population over the world and prevalence of demand of bowel management system in these populations. Few of the major market competitors currently working in the bowel management systems are Coloplast Ltd., Medtronic, 3M, Wellspect HealthCare, Welland Medical limited, B. Braun Melsungen AG, BD, Consure Medical, Cogentix Medical, Aquaflush Medical Limited, Axonics Modulation Technologies, ConvaTec Inc, Hollister Incorporated, MBH-International A/S, and Mederi Therapeutics Inc., Wellspect HealthCare, a Dentsply Sirona Company, Welland Medical Limited, 2012 ProSys International Ltd., Respiratory Technology Corporation.

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Global Bowel Management Systems Market, By Product (Irrigation Systems, Nerve Modulation Devices, Colostomy Bags, Other Products and Accessories), Application (Adult, Pediatric), End-User (Hospitals and Ambulatory Surgery Centers, Home Care), and Geography (Europe, North America, Asia Pacific, South America and Middle East & Africa)-Industry Trends & Forecast to 2026

Competitive Analysis: 

The global bowel management systems market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of bowel management systems for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Market Definition: Global Bowel Management Systems Market

The bowel management system is basically a soft catheter that is introduced into the rectum to alter the watery or semi-solid stool condition and provides containment. It helps the patients who are having fecal incontinence, constipation or it can be utilized for the patients who have undergone spinal cord surgeries, and other neurological disorders. These devices are also helpful for the children who are having spina bifida, imperforate anus, colonic hypomotility.

The report provides company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the Bowel Management Systems market on a global and regional basis.

The study provides a decisive view of the Bowel Management Systems market by segmenting the market based on the deployment model, component, end-user, application, and region. By deployment model, the Bowel Management Systems market is bifurcated into cloud-based and on-premise. The component segment includes services and software. The end-user segment includes healthcare providers, insurance companies, patients, and others. By application, this market includes medical guidance and appointment scheduling and medication assistance and symptom checking.

Market Drivers:

Rising geriatric population has increased the demand for these instruments as these population usually suffer from bowel management problems
Constant innovations and advancements in the industry will act as a major market driver

Market Restraints:

Patients are feeling discomfort in using the Bowel Management Devices
Lack of trained professionals that can utilize completely these instruments is also acting as a major market restraint
More preference of non-invasive clinical management by the patients

Segmentation: Global Bowel Management Systems Market

By Product
By Application
By End-User
By Geography

Key Developments in the Market:

In December, 2017, Becton, Dickinson and Company (BD) acquired C. R. Bard, Inc. The combined company is uniquely positioned for improving the treatment of disease for patients and the process of care for health care providers.
In September, 2017, Consure Medical launched Qora, an easy and safe stool management system. This product is a novel stool management kit for fecal containment in bedridden patients. This will help in the expansion of Consure Medical's market.

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Reasons to Purchase this Report:

Current and future of global bowel management systems market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Contact:

Data Bridge Market Research

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UK: +44 208 089 1725   

Hong Kong: +852 8192 7475

Email: Corporatesales@databridgemarketresearch.com

 About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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