Press release
Bowel Management Systems Market Current Scenario with Future Aspect Analysis
"Bowel Management Systems Market" in terms of revenue was estimated to be worth $2.19 billion in 2023 and is poised to reach $3.02 billion by 2031, growing at a CAGR of 4.24% from 2024 to 2031 according to a new report by InsightAce Analytic.
Get A Free Report Brochure: https://www.insightaceanalytic.com/request-sample/1422
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global Bowel Management Systems market are:
• Favorable reimbursement policies
• Prevalence of chronic bowel disorders
• Increasing geriatric population
Future expansion opportunities for the global Bowel Management Systems market include:
• Increasing home healthcare market
• Strategic collaborations by market players
• Rising awareness and acceptance of bowel-related disorders
The following are the primary obstacles to the Bowel Management Systems market's expansion:
• Underreporting of fecal incontinence (FI)
• A patient inclination for non-invasive clinical management of fecal incontinence (FI)
• Limited reimbursement coverage
Market Analysis:
The market demand is increasing due to the increasing prevalence of chronic gastrointestinal disorders, including irritable bowel syndrome (IBS), inflammatory bowel disease (IBD), and chronic constipation. The market is also being driven by technological advancements in gastrointestinal management devices, such as developing innovative and minimally invasive solutions. In addition, developing personalized treatment approaches, increasing awareness of patients and healthcare providers, and emerging home-based care solutions present new growth opportunities for market actors.
Order this Premium Report: https://www.insightaceanalytic.com/buy-report/1422
List of Prominent Players in the Bowel Management Systems Market:
• Coloplast Group
• ConvaTec Group, plc.
• Consure Medical
• Welland Medical Limited
• Qufora A/S
• Medtronic
• Wellspect HealthCare
• TG Eakin
• Hollister Incorporated
• Laborie Medical Technologies, Corp.
• ProSys International Ltd.
• Renew Medical, Inc.
Recent Developments:
• In 2019, OstomyCure unveiled the TIES solution and initiated ongoing clinical trials at hospitals in the United Kingdom, Sweden, Poland, and Austria.
• In April 2022, through its inflammatory bowel disease ventures program, Microbiotica secured project funding from the Crohn's and Colitis Foundation. This funding aims to facilitate the advancement of therapies specifically engineered to address inflammatory bowel disease.
• In February 2022, Coloplast introduced the SenSura Mio in Singapore, aiming to enhance the quality of life for individuals with ostomies who are managing a stoma.
Bowel Management Systems Market Dynamics:
Market Drivers: Prevalence of Chronic Bowel Disorders
The prevalence of chronic bowel disorders is influenced by a variety of factors, including genetics, lifestyle, diet, and environmental factors, and it differs geographically. Sustained demand for bowel management systems is generated by conditions such as irritable bowel syndrome (IBS), inflammatory bowel disease (IBD), and neurological disorders, which necessitate long-term management. These conditions significantly burden healthcare systems worldwide, increasing healthcare utilization, impaired quality of life, and economic costs. To enhance patient outcomes and mitigate their effects on society and individuals, it is essential to implement early diagnosis, effective management strategies, and ongoing research into the underlying mechanisms of these disorders.
Challenges: Patient Inclination Towards Non-Invasive Clinical Management of Faecal Incontinence (FI)
The market for bowel management systems may encounter challenges due to the patient's preference for non-invasive clinical management of FI, particularly for invasive devices and surgical interventions. To effectively navigate and expand in this market segment, companies that operate in this sector may need to address patient preferences, cost considerations, regulatory barriers, and educational requirements. Additionally, the market for invasive bowel management systems may be restricted by the preference of patients for non-invasive treatments, which has led to a smaller target population that is prepared to consider invasive options. This restricted market may impede the expansion and profitability of companies that develop and market invasive devices.
Get Specific Chapter/Information From The Report: https://www.insightaceanalytic.com/customisation/1422
North America Is Expected to Grow With the Highest CAGR during the Forecast Period
The North American Bowel Management Systems Market is likely to register a significant revenue share and develop at a rapid CAGR soon. This is due to the growing population of older adults in this sector. It is anticipated that the U.S. will maintain its dominant position in the North American market throughout the forecast period. This prevalence is partly attributed to the higher incidence of irritable bowel syndrome (IBS) in this region. For instance, the International Foundation for Gastrointestinal Disorders estimates that between 25 and 45 million Americans are affected by IBS. Moreover, a notable trend in the North American bowel management systems market is the continuous research and development efforts to innovate advanced devices for fecal management. The increasing aging population in this region also contributes to the industry's growth.
Segmentation of Bowel Management Systems Market-
By Patient Type-
• Paediatric
• Adult
By Product-
• Systems
• Colostomy Bags
• Irrigation Systems
• Sacral Neuromodulation Systems
• Others
• Accessories
• Plugs
• Catheters
• Implants
• Anal Sphincters
• Stool Bags
• Others
By End-User-
• Hospitals & Clinics
• Ambulatory Surgical Centers
• Home Care Settings
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
Details insights on this market: https://www.insightaceanalytic.com/report/bowel-management-systems-market/1422
Corporate Office :
Office No.5170, 5th Floor Marvel Fuego, Magarpatta Rd, Pune, 411028
Sales Office (U.S.) :
344 Grove St Unit #967 Jersey City, NJ 07302
email: info@insightaceanalytic.com
North America:
+1 551 226 6109
Asia:
+91 79 72967118
Contact Us:
info@insightaceanalytic.com
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
Follow Us on LinkedIn @ bit.ly/2tBXsgS
Follow Us On Facebook @ bit.ly/2H9jnDZ
Twitter: https://twitter.com/InsightaceA
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bowel Management Systems Market Current Scenario with Future Aspect Analysis here
News-ID: 3527310 • Views: …
More Releases from Insightace analytic
Digital Pathology Market Report- Expansive Coverage on the Profit Sources
InsightAce Analytic announces the release of a market assessment report on the "Global Digital Pathology Market Size, Share & Trends Analysis Report By Product (Artificial Intelligence, Scanner, Software, Storage), Type (Human, Veterinary), Application (Teleconsultation, Training, Disease Diagnosis, Drug Discovery), End User (Pharma, Academia, Hospitals)- Market Outlook And Industry Analysis 2031"
The global digital pathology market is estimated to reach over USD 2731.95 million by 2031, exhibiting a CAGR of 12.91%…
Digital Health Market Future Trends and Scope Analysis Report
Digital Health Market Size, Share & Trends Analysis Report By Technology (Tele-healthcare, mHealth, Healthcare Analytics, Digital Health Systems), By Component (Software, Hardware, Services), By Region, And Segment Forecasts, 2024-2031
"Digital Health Market" in terms of revenue was estimated to be worth $248.58 billion in 2023 and is poised to reach $1,004.03 billion by 2031, growing at a CAGR of 19.56% from 2023 to 2031, according to a new report by…
Digital Diabetes Management Market Report on the Untapped Growth Opportunities i …
InsightAce Analytic announces the release of a market assessment report on the "Global Digital Diabetes Management Market - (By Devices (Smart Glucose Meters, Continuous Glucose Monitoring Systems, And Smart Insulin Pens, Smart Insulin Pumps/ Closed-Loop Pumps & Smart Insulin Patches), Application (Diabetes & Blood Glucose Tracking Apps, Obesity & Diet Management Apps), Data Management Software & Platforms And Services), By Device Type (Handheld And Wearable Devices), By End-User(Self/Home Healthcare, Hospitals…
Data Center Liquid Cooling Market Exclusive Trends Analysis with Forecast to 203 …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Data Center Liquid Cooling Market Size, Share & Trends Analysis Report By End-User Industry (Financial Services And Insurance (BFSI), Banking, IT And Telecom, Government And Public Sector, Manufacturing, Healthcare, Retail), Data Center (Hyperscale, Colocation, Enterprise) And Solution (Indirect & Direct Cooling)- Market Outlook And Industry Analysis 2031"
The Global Data Center Liquid Cooling Market is estimated…
More Releases for Bowel
Bowel Irrigation Systems Market Forecast 2022-2030
Owing to the surging geriatric population facing bowel management issues, and advancements in bowel irrigation systems, the global bowel irrigation systems market is expected to record a market value of US$ 331.2 Mn in 2022, and is further expected to expand at a CAGR of 2.7% over the forecast period (2022-2032).
Fecal incontinence is one of the most common bowel management issues in the elderly population, which is responsible for other…
Global Bowel Irrigation System Market - Forecasts to 2026
According to a new market research report published by Global Market Estimates, the Global Bowel Irrigation System Market is projected to grow from USD 248.68 million in 2021 to USD 291.10 million by 2026 at a CAGR value of 3.2% between 2021 to 2026. The market will develop steadily owing to the rising prevalence of colorectal cancer and chronic bowel syndrome, the minimally intrusive aspect of treatment, and technical improvements.
Browse…
Inflammatory Bowel Disease Market: The Present and Future of Inflammatory Bowel …
Stratagem Market Insights have included the latest addition of a global market research report titled Inflammatory Bowel Disease Market tits expansive repository. The report studies primary and secondary research in order to analyze the data effectively. The market study further draws attention to crucial industry factors such as global clients, potential customers, and sellers, which instigates positive company growth. In order to gauge the turning point of the businesses, significant…
Irritable Bowel Syndrome (IBS) Treatment Market: Increasing Prevalence of Irrita …
The major factors such as the increasing prevalence of irritable bowel syndrome diseases and rising research & development activities drive the market growth. However, the limited number of product availability and treatment inefficiency restrain the market growth. IBS is a common chronic condition that affects the abdominal organ, large intestine. It is also known as spastic colon, mucous colitis, irritable colon, and spastic colitis. The condition is much different than…
Short Bowel Syndrome Market Short Bowel Syndrome Market Size, Share And Top Comp …
Coherent Market Insights has announced the addition of the “Short Bowel Syndrome Market Size Status and Forecast 2026”, The report classifies the global Short Bowel Syndrome Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Short Bowel Syndrome Market Speaker market, analyzes and researches the Short Bowel Syndrome Market Speaker development status and forecast…
Digital Landscape: Inflammatory Bowel Disease Market
The Digital Landscape Inflammatory Bowel Disease market report analyzes digital activities undertaken by pharma in support of disease-modifying therapies for mild-to-moderate, and moderate-to-severe Crohn’s disease and ulcerative colitis (UC).
Key Highlights
- US Patients: AbbVie offers the strongest support for IBD patients in the US, particularly branded, unbranded and mobile app. Janssen was the most active competitor in the branded and social media spaces in 2017. Branded activity also seen from pipeline…
