The bowel management systems market is anticipated to register a CAGR of 3.3%, during the forecast period.
– The significant factor attributing to the market’s growth is the rising incidence of inflammatory bowel diseases and increasing technological advancement. The increasing geriatric population across the world is found to be more prone to constipation, diarrhea, and other bowel conditions that help to drive the bowel management systems market.
– It is also indicated in people with neurological disorders, such as spinal cord injury, multiple sclerosis, Parkinson’s disease, Alzheimer’s disease, brain tumors, chronic constipation, and bedridden patients, and children unable to pass stool regularly and properly. The effectiveness of bowel management systems stimulates the growth of the market.
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Key Market Trends
Colostomy Bags Segment is Expected to Hold the Largest Market Share in the Bowel Management Systems Market
Dominant share is retained by the colostomy bags segment, owing to the attributes, such as high incidence rates and health complications associated with bowel. Diseases, such as irritable bowel syndrome, multiple sclerosis, Crohn’s disease, and cancer, are increasingly prevalent. In the near future, the broad spectrum of reasons for such conditions is projected to support development in the demand for colostomy bags.
Crohn’s disease is a form of inflammatory bowel disease (IBD) that can impact any portion from mouth-to-anus of the gastrointestinal tract which boosts the colostomy bag market. As per the Centers for Disease Control and Prevention (CDC), 1.0-1.3 million people suffer inflammatory bowel disease (IBD), while Crohn’s disease is more prevalent among smokers. While about 54,000 people and 17,000 women in the United States, each year, get bladder cancer as per the CDC (Centers for Disease Control and Prevention), which substantially increases the growth rate of the colostomy bags market.
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