Press release
Bowel Management Systems Market Forecasted to Reach Rapid Growth by 2031 | Becton, Dickinson and Company, Coloplast Pty Ltd., ConvaTec Group plc
DataM Intelligence has released a new research report on the Bowel Management Systems market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.The Bowel Management Systems Market is anticipated to reach, at a high CAGR during the forecast period 2024-2031.
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Bowel Management Systems are medical devices and therapies designed to help individuals manage bowel incontinence or constipation, especially in those with impaired bowel function due to medical conditions such as spinal cord injuries, neurological disorders, or post-surgical complications. These systems can include rectal catheters, irrigation systems, and stoma care devices that aid in the controlled and hygienic evacuation of stool, improving the quality of life for patients by preventing leakage, discomfort, and infections. Bowel management systems are often used in both clinical and home care settings.
List of the Key Players in the Bowel Management Systems Market:
Becton, Dickinson and Company, Coloplast Pty Ltd., ConvaTec Group plc., B Braun SE., Consure Medical Pvt. Ltd., GBUK Group Ltd., Wellandmedical, Wellspect, ProSys International Ltd and Qufora.
Key Developments:
In April 2022, Microbiotica received project funding from the Crohn's and Colitis Foundation through their Inflammatory Bowel Disease (IBD) Ventures Program to support the development of new therapies for treating IBD.
In November 2021, Medtronic plc, a global leader in healthcare technology, announced that the U.S. Food and Drug Administration (FDA) granted 510(k) clearance for its PillCam Small Bowel 3 system for remote endoscopy procedures. The PillCam SB3 @HOME program integrates Medtronic's PillCam technology with Amazon logistics, providing patients with timely and accurate results from the comfort of their homes.
In May 2021, Axonics, Inc., a global medical technology company specializing in treatments for bladder and bowel dysfunction, announced that it had received European CE Mark approval for its second-generation Axonics r-SNM implantable neurostimulator (INS) and wireless patient remote control featuring SmartMRI technology.
Research Process:
Both primary and secondary data sources have been used in the global Bowel Management Systems Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Bowel Management Systems Market:
By Product Type: Colostomy Bags, Irrigation Systems, Nerve Modulation Devices, Others
By Application: Spinal Cord Injury, Neurological Disorders, Multiple Sclerosis, Stroke
By Patient Type: Adults, Pediatric
By End-User: Hospitals, Ambulatory Surgical Centers, Others
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Regional Analysis:
➣ North America (US, Canada, Mexico)
➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)
➣ South America (Brazil, Argentina, Rest of South America)
➣ Middle East and Africa
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Bowel Management Systems market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Bowel Management Systems Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Bowel Management Systems market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Bowel Management Systems Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
Have any Query? Talk to our Expert @ https://www.datamintelligence.com/enquiry/bowel-management-systems-market
The Research Report Offers Answers To The Following Questions:
☛ What is the expected growth rate of the global market for the forecast period?
☛ What are the key driving factors that are responsible to shape the fate of the Bowel Management Systems market during the forecast period?
☛ What will be the overall size of the market during the analysis period?
☛ What are the prominent market trends which influence the development of the Bowel Management Systems market across various regions?
☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Bowel Management Systems market?
☛ What are the major opportunities that the companies can get to attain success in the world?
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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