Stool Management Systems Market Scope
A Stool Management System is used to contain and divert liquid or semi-liquid stool in patients with little or no bowel control in order to protect the patient's skin and minimize exposure to infectious microorganisms.These systems are used to prevent infections and reduce nursing time requirements. The stool management systems are advantageous for older adults and patients suffering from constipation and fecal incontinence. Furthermore, it is also helpful for bed-ridden patients who may have been subject to aliments such as strokes, paralysis, or spinal injury. Stool management systems help in reducing the nursing time and other hospital expenses.
The Stool Management Systems market study is segmented by Type (Fecal Management System Kits and Accessories), by Application (Hospitals, Clinics, Home Healthcare Settings and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
ConvaTec, Inc (United kingdom), Prosyn International Ltd (United Kingdom), Becton Dickinson (United States), Primed Halberstadt Medizintechnik GmbH (Germany), Meridian Bioscience (United States), Torbot Group Jobskin (United States), C. R. Bard (United States), Hollister Incorporated (United States), Marlen Manufacturing (United States), Nuvomed (United States) and Torbot Group Jobskin (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Stool Management Systems market by Type, Application and Region.
On the basis of geography, the market of Stool Management Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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).
On 2 May 2017 ConvaTec Group Plc, a leading global medical technology company, announced the U.S. launch of the Flexi-Seal PROTECT Fecal Management System (FMS). The new product is designed to provide protection for both patients and clinicians in a number of innovative ways
Market Trend
- High Investments In Healthcare R&D
Market Drivers
- Increasing Incidences Of Chronic Diseases
- Increasing Aging Population
Opportunities
- High Governmental Healthcare Expenditure
Restraints
- Lack Of Trained Professionals
Challenges
- Fierce Competitive Pressure
Key Target Audience
Stool Management System Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others