Title: Stool Management Systems Market Forecast
1Stool Management System Market
Report Id REP-GB-3568 Published On Oct
01,2019 Category Healthcare, Pharmaceuticals
Medical Devices
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3Research Methodology (1/2)
- Systematic Research Approach
In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
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4Stool Management Systems Market
- Stool Management Systems Market is anticipated to
grow at a CAGR of 3 during the forecast period
2019 to 2029 - VALLEY COTTAGE, N.Y. (GLOBE NEWSWIRE) -- The
global sales of stool management systems reached
US 355 million in 2018, unveils the new
research study by Future Market Insight (FMI).
According to the report, the stool management
systems market is estimated to grow at a CAGR of
3 in 2019, primarily influenced by the rising
levels of awareness about incontinence. The
increasing focus on awareness about incontinence
offers sustainable growth opportunity for
the stool management systems market throughout
2029, says the report. - The market for stool management systems in North
America and Europe seems almost equivalent in
terms of production in 2018. However, there are
chances that this scenario will change during the
forecast period. The European market is expected
to take the lead in global stool management
systems market, which FMIs report has attributed
to the increasing number of manufacturers within
the European region, with diverse product
offerings.
5Stool Management Systems Market
- 1.2X Demand Growth Projected for Pediatric Stool
Management Systems - While the demand for stool management systems for
adults continues to hold the larger share,
pediatric stool management systems are also
expected to grow at a significant rate.
Increasing attention towards pediatric fecal
incontinence is further expected to boost the
market growth during the forecast period. - Among different age groups, the adults segment
for stool management systems is projected to take
the leading position in the market. However,
owing to rising problems of pediatric fecal
incontinence and growing awareness among people,
pediatric stool management systems is expected to
grow 1.2X by the end of 2029. Furthermore, the
adult stool management systems market is likely
to face hindrance in growth due to high number of
cases unreported such as social stigma about the
disease. - Fecal incontinence is a common problem observed
in children with spina bifida and anorectal
malformations. Globally, it is noted that
200,000 babies are born with spina bifida and
bowel dysfunction and 8,500 babies born with
anorectal malformation and fecal incontinence.
6Stool Management Systems Market
- These pediatric bowel dysfunctions can be
effectively managed with a well-established bowel
management training programs. However, the bowel
management training programs currently focuses on
the adult and aging population mainly. Growing
awareness regarding the pediatric fecal
incontinence is likely to emphasize specialized
training programs for bowel management of
paediatric patients. - Cost-Effectiveness of Fecal Management Systems to
Ensure Economic Benefits - Fecal incontinence is a common condition that
impacts the life of patients with an economic
burden in hospitals. The usage of stool
management systems in hospitals has contributed
significant economic benefits to the society and
health benefits to patients. The total cost
associated with stool management systems is lower
than the traditional management system when
factors such as urinary tract infections (UTI)
cost, labor cost, indirect costs, and total
product related costs are taken into
consideration. - For instance, a study conducted in Canada
reported a decrease from 35 to 42 in the daily
material costs after the usage of stool
management systems as compared to the traditional
methods of using bedpans, briefs, and linens for
the treatment of fecal incontinence. According to
the study, the average daily material cost per
patient ranged between CA100 - CA140 with
traditional management system. However, this cost
reduced to over CA60 - CA90 with the usage of
stool management systems.
7Stool Management Systems Market
- Furthermore, the usage of stool management
systems in patients with fecal incontinence
enables the prevention of pressure ulcers, which
is one of the common complications in such
patients. - Press Release Source https//www.globenewswire.co
m/news-release/2019/10/07/1925813/0/en/Stool-Manag
ement-Systems-Market-is-anticipated-to-grow-at-a-C
AGR-of-3-during-the-forecast-period-2019-to-2029-F
uture-Market-Insights.html - Related Press Release
- Cotinine Screening Devices Market is expected to
grow at a CAGR of 5 in the forecast period 2019
to 2029 - Pressure Infusion Bags Market is expected to grow
at a CAGR of 6 during 2019 to 2029 - Organoids Market is projected to grow at a
Significant CAGR of 15 during 2019 to 2029
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