#bowelmanagementsystems

[healthcare-industry-research]

The global bowel management systems market is projected to reach USD 2.07 billion by 2023 from USD 1.74 billion in 2018, at a CAGR of 3.5%.

Growth in the bowel management systems market is mainly driven by factors such as the expanding target patient population, the rapidly growing geriatric population, availability of technologically advanced bowel management products, and the favorable reimbursement scenario in developed countries.

[healthcare-industry-research]

Bowel Management Systems - Expected Industrial Growth in Near Future

Objectives of the Study:

# To define, describe, and forecast the Global Bowel Management Systems Industry on the basis of product, patient type, end user, and region

# To provide detailed information regarding the major factors influencing global market growth (drivers, restraints, opportunities, and industry-specific challenges)

# To strategically analyze the micromarkets1 with respect to individual growth trends, future prospects, and contributions to the overall market

# To analyze the opportunities in the global market for stakeholders and provide details of the competitive landscape for global leaders

# To forecast the revenue of the market segments with respect to four main regions, namely, North America (US and Canada), Europe (Germany, France, UK, and Rest of Europe), Asia Pacific (India, China, Japan, and Rest of Asia Pacific), and the Rest of the World (Latin America, and Middle East & Africa)

# To strategically profile the key players and comprehensively analyze their global market ranking and core competencies

# To track and analyze competitive developments such as new product launches, agreements, mergers & acquisitions, and research and development activities in the global bowel management systems market Research Period Considered for this Study: Base Year: 2017 Forecasted Year: 2018 Forecast Period: 2018–2023 Looking Out for More Details | Don’t Hesitate to Download the PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=45043428 Factors Influencing Global Industry Growth:- Growth in the bowel management systems market is mainly driven by factors such as the expanding target patient and growing geriatric population, availability of technologically advanced bowel management products, and favorable reimbursement scenario in developed countries. Major Market Growth Restraints: # Discomfort Associated With the Use of Bowel Management Devices # Patient Preference for Non-Invasive Clinical Management of Fi Market Challenges: # Underreporting of Fi # Disparities in Reimbursement for Bowel Management Products in Emerging Countries Industry’s Revenue Growth Expectations: The global bowel management systems market is projected to reach USD 2.07 billion by 2023 from USD 1.74 billion in 2018, at a CAGR of 3.5% during the forecast period. Geographical Growth Scenario: The report covers the bowel management systems market across four major geographies, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW). Europe is expected to command the largest share of the market in 2018. The strong market position of Europe in the bowel management systems market is mainly due to the significant colorectal/bladder cancer & IBD disease burden, favorable reimbursement scenario, and the increase in its geriatric population. Read More: https://www.marketsandmarkets.com/PressReleases/bowel-management-system.asp Leading Market Players: The major players of the market include Coloplast (Denmark), Medtronic (Ireland), 3M (US), B. Braun (Germany), C.R. Bard (US), ConvaTec (UK), Consure Medical (India), Cogentix Medical (US), Aquaflush Medical Limited (UK), Axonics Modulation Technologies (US), ConvaTec (UK), Hollister (US), MBH-International A/S (Denmark), Mederi Therapeutics Inc. (US), Welland Medical limited (UK), and Wellspect HealthCare (Sweden). An analysis of market developments between 2015 and 2018 revealed that growth strategies such as product launches and approvals, agreements, expansions, and acquisitions were adopted by market players to strengthen their product portfolios and maintain a competitive position in the bowel management systems market. Among these, product launches and approvals were the most widely adopted growth strategies Stakeholders in the Global Industry:

# Bowel management product manufacturers # Ostomy care bag manufacturers # Third-party product suppliers and distributors # Retail pharmacies and other off-the-shelf sales channels # Raw material suppliers # Market research and consulting firms # National & international regulatory bodies # Venture capitalist firms # Hospitals & other healthcare providers

[healthcare-industry-research]

Bowel Management Systems Market worth 2.07 billion USD by 2023

[120 Pages Report] The global bowel management systems market is expected to reach USD 2.07 billion by 2023 from USD 1.68 billion in 2017, at a CAGR of 3.5%.

The major players of the market include Coloplast (Denmark), Medtronic (Ireland), 3M (US), B. Braun (Germany), C.R. Bard (US), ConvaTec (UK), Consure Medical (India), Cogentix Medical (US), Aquaflush Medical Limited (UK), Axonics Modulation Technologies (US), ConvaTec (UK), Hollister (US), MBH-International A/S (Denmark), Mederi Therapeutics Inc. (US), Welland Medical limited (UK), and Wellspect HealthCare (Sweden).