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GLOBAL BOWEL MANAGEMENT SYSTEM MARKET FORECAST 2021-2028

ReportLinker
·3-min read

KEY FINDINGS The global bowel management system market is set to project a CAGR of 3. 12% during the forecast period, 2021-2028. The increasing aging population, the growing incidence of gastrointestinal disorders, and the rising prevalence of irritable bowel syndrome, are driving the market growth.

New York, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "GLOBAL BOWEL MANAGEMENT SYSTEM MARKET FORECAST 2021-2028" - https://www.reportlinker.com/p06010862/?utm_source=GNW


MARKET INSIGHTS
A bowel management system is used for fecal incontinence, aiding them in keeping the skin free from contaminants and moisture.It minimizes infection transmission by restricting infectious body waste in a closed system.

There is a growing prevalence of inflammatory bowel disease (IBD).It causes digestive tract inflammation resulting in severe diarrhea, weight loss, malnutrition, and abdominal pain.

IBD patients usually have fecal incontinence or constipation problems.As per the American College of Gastroenterology, around 10-15% of the population in the United States has IBS symptoms.

Thus, the increasing IBS cases are set to fuel the global market growth. However, the restricted product availability, limited treatment options, and lack of skilled professionals, are estimated to hinder the market growth.

REGIONAL INSIGHTS
The global bowel management system market is geographically analyzed through the evaluation of North America, Europe, Asia Pacific, and Rest of World. The Asia Pacific region is assessed to record the highest CAGR by 2028, given the increasing healthcare reforms and a developing R&D sector.

COMPETITIVE INSIGHTS
The competitive rivalry is expected to be high due to the presence of a large number of key players. Some of the distinguished companies in the market are Coloplast Corp, Convatech, 3M Company, B Braun Melsungen AG, Axonics Modulation Technologies Inc, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. 3M COMPANY
2. AXONICS MODULATION TECHNOLOGIES INC
3. B BRAUN MELSUNGEN AG
4. BECTON, DICKINSON AND COMPANY (C R BARD)
5. COLOPLAST CORP
6. CONVATEC
7. COOK MEDICAL INC
8. DENTSPLY SIRONA (WELLSPECT HEALTHCARE)
9. GE HEALTHCARE
10. HOLLISTER INC
11. LABORIE INC (COGENTIX)
12. MEDTRONIC PLC
13. NOVARTIS AG
14. TEVA PHARMACEUTICAL INDUSTRIES LIMITED
15. THERMO FISHER SCIENTIFIC INC
Read the full report: https://www.reportlinker.com/p06010862/?utm_source=GNW

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