Bowel Management Systems Market includes (by Product (Irrigation Systems, Nerve Modulation Devices, Colostomy Bags, and Other Products and Accessories), Patient Type (Adult, and Paediatric), End-user (Hospitals, and Homecare), and Region (North-America, Europe, Asia Pacific, Latin America, Middle East and Africa)) – is expected to reach USD 3.08Bn by 2026 at a CAGR of 4.1%.
Colostomy bags will be the leading type segment during the forecast period for Bowel Management Systems market
The colostomy bags segment is expected to account for the largest share in bowel management systems market. The large share can be attributed to the rise in a number of target patient population, patient awareness about the clinical benefits of ostomy care, along with the better availability of medical reimbursements related to ostomy in hospitals and clinics.
Among the end-users segment, home care is expected to hold a larger market share
The home care segment is expected to account for the largest share with factors like the significant usage and growing adoption of bowel management products in home care settings along with rising incidence of chronic disorders being some of the major factors driving the market growth.
Europe to hold the largest market share for the Bowel Management Systems market in forecast period of 2018-2026
Europe is expected to command the largest share of the Bowel Management Systems Market in 2018. Factors such as the significant colorectal/bladder cancer & IBD disease burden, patient-friendly reimbursement scenario, along with the increase in its geriatric population are some of the drivers boosting the market growth of bowel management systems in Europe.
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