About Fecal Management System
A fecal management system (FMS) is a completely closed system that collects and holds liquid or semi-liquid stools and can help prevent fecal pollution of the environment. In individuals with little or no bowel control, is used to protect the patient's skin and reduce exposure to infectious bacteria. These methods are intended to prevent infections and cut down on the number of time nurses spend on the job. For elderly persons and patients suffering from constipation or fecal incontinence, stool management systems are beneficial. It is also beneficial for bedridden people who have suffered from illnesses such as strokes, paralysis, or spinal injuries. Stool management systems help hospitals save money by lowering nurse time and other costs.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new systems, which is likely to encourage the growth of the global market throughout the forecast period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Torbot Group Jobskin (United States), C. R. Bard (United States), Hollister Incorporated (United States), Marlen Manufacturing (United States), Nuvomed (United States), ConvaTec, Inc (United Kingdom) and Prosyn International Ltd (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Becton Dickinson (United States), Primed Halberstadt Medizintechnik GmbH (Germany), Meridian Bioscience (United States) and Torbot Group Jobskin (United States).
Segmentation Overview
AMA Research has segmented the market of Global Fecal Management System market by and Region.
On the basis of geography, the market of Fecal Management System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Patient Type, the sub-segment i.e. Adult will boost the Fecal Management System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Colostomy Bags will boost the Fecal Management System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Home Care will boost the Fecal Management System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing the Number of Bed Ridden Patients That Need Nursing
Market Growth Drivers:
Favorable Reimbursement Scenario in Developed Countries and The increasing widespread incidence of diarrhea
Challenges:
Patients Try To Hide Diarrhea and This Type of Problem to Avoid Dependency on Others and The Prevalence Of Fecal Incontinence Can Be Difficult To Determine As It Relies On Patient Self-Reporting And Is Often Underreported
Restraints:
Due to the social shame associated with bowel disorders, the majority of fecal incontinence (FI) occurrences go unreported by patients.
Opportunities:
Healthcare Spending Consistently Rising in Developed Countries and The population of geriatrics is on the rise globally
Market Leaders and their expansionary development strategies
In November 2023, World Bank partners with sanitation startups with innovative sanitation startups in developing countries. This platform has facilitated collaborations between startups and local governments/NGOs for implementing effective sanitation solutions, potentially including fecal management systems.
In July 2023, hygh-tec Catheter System Launched in Advanced Medical Balloons received FDA approval for their hygh-tec system, a trans-anal balloon catheter aimed at reducing fecal leakage in critically ill ICU patients. This innovative system promises improved patient comfort and reduced caregiver workload.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Hospitals, End-User Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.