Bowel Management Systems Market Key Players, Industry Overview and Forecast Analysis
                     Bowel Management Systems Market: Introduction
According  to  the  report,  the  global bowel  management  systems  market was  valued  at
~US$ 2 Bn in 2020 and is projected to expand at a CAGR of ~4% from 2021 to 2031.  Rise in
prevalence  of  fecal  incontinence,  increase  in  geriatric  population,  and  technological
advancements  are  the  major  factors  anticipated  to  propel  the  global  bowel  management
systems market during the forecast period. North America held a major share of the global
bowel  management  systems  market  in 2020 due  to  high  healthcare  spending,  advanced
healthcare infrastructure, and high awareness about bowel management devices. The bowel
management  systems  market  in  Asia  Pacific  is  expected  to  expand  at  a  high  CAGR
of 5.1% from 2021 to 2031 due to increase in healthcare expenditure and geriatric population
in the region.
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Rise in Prevalence of Fecal Incontinence to Drive Market
Fecal incontinence is among the most common pathophysiological medical conditions found in
the  geriatric  population  and  women,  worldwide.  Fecal  incontinence  significantly  affects  a
patient’s quality of life. Bowel management systems play an important role in improving the
lifestyles of people suffering from the disorder and making their condition better. The rise in
prevalence of fecal incontinence is projected to drive the global bowel management systems
market during the forecast period.
An article published by the National Center for Biotechnology Information in 2020 stated that
the overall reported prevalence of fecal incontinence ranges from 2% to 21%, with a median
of 7.7%.
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High Adoption of Bowel Management Systems
In terms of product, the global bowel management systems market has been bifurcated into
systems  and  accessories.  The  systems  segment  dominated  the  global  bowel  management
systems market in 2020, and the trend is anticipated to continue during the forecast period.
The  growth  of  the  segment  can  be  attributed  to  increase  in  rate  of  adoption  of  bowel
management systems in emerging markets.
Increase in Demand for Bowel Management Systems for Adults
In terms of patient type, the global bowel management systems market has been classified into
adult and pediatric. The adult segment held a major share of the global bowel management
systems  market  in 2020.  Fecal  incontinence  is  more  common  in  adults  due  to  greater
prevalence of neurologic diseases and weaker muscle tone.
Hospitals to be Major End Users
Based  on  end  user,  the  global  bowel  management  systems  market  has  been  divided  into
hospitals,  ambulatory  surgical  centers,  and  home  care  settings.  The  hospitals  segment
dominated the market  in 2020,  owing  to  a  large patient  base and high adoption of  bowel
management systems in hospitals.
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North America to Dominate Global Market; Asia Pacific to Offer Significant Opportunities
In terms of region, the global bowel management systems market has been segmented into
North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America is
projected to account  for  a leading share of  the global  bowel  management systems market
during  the  forecast  period.  High  prevalence  of  fecal  incontinence  and  increase  in  geriatric
population are the major factors driving the market in the region. According to the Population
Reference Bureau, the geriatric population in the U.S. is anticipated to double from 52 million
in 2018 to 95 million by 2060.
The market in Europe is expected to expand at a high CAGR in the near future, owing to the
presence  of  local  as  well  as  global  players  and  an  increase  in  the  demand  for  bowel
management systems devices in the region. The bowel management systems market in Asia
Pacific is likely to grow at a rapid pace in the near future. Rise in awareness and increase in
healthcare expenditure in countries in the region are projected to propel the market in Asia
Pacific over the next few years. Japan, India, and China are anticipated to be lucrative markets
for bowel management systems during the forecast period.
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Growth Strategies of Key Players
Key  players  operating  in  the  global  bowel  management  systems  market  are  Axonics,  Inc.,
Becton, Dickinson and Company, B. Braun Melsungen AG, Coloplast Group, ConvaTec Group,
plc,  Consure  Medical,  Hollister  Incorporated,  Laborie  Medical  Technologies,  Corp.,  ProSys
International  Ltd.,  Renew  Medical,  Inc.,  Welland  Medical  Limited,  Qufora  A/S,  Medtronic,
Wellspect HealthCare, and TG Eakin. These companies engage in research & development to
develop novel products in order to expand product offerings and customer base. Medtronic
received the U.S. FDA approval for its InterStim Micro neurostimulator and InterStim SureScan
MRI leads for bladder and bowel control conditions in 2020.
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