The most recent study conducted by Report Ocean, titled “Global Enema Bags Market Size, Share, Pricing, Trends, Growth, Report and Forecast 2023-2030,” presents a comprehensive analysis of the worldwide market. This research delves into the factors driving the market, emerging trends, opportunities for development, as well as potential limitations that may affect the Enema Bags. The report provides an estimation of the global market size and examines recent strategic actions taken by prominent international competitors.
Global Enema Bags Market to reach USD $ billion by 2027.Global Enema Bags Market is valued approximately USD $ billion in 2020 and is anticipated to grow with a healthy growth rate of more than $ over the forecast period 2021-2027. Enema involves inserting liquid or gas into the rectum. The process helps push waste out of the rectum when you cannot do so on your own. The bags are available for purchase at local pharmacies for home use. The global enema bag market is expected to grow as the healthcare industry is growing.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
According to IBEF, the Union Budget 2021, said investment in health infrastructure expanded 2.37x, or 137% YoY, the total health sector allocation for FY22 stood at USD 30.70 billion. And as there is increase in prevalence of gastrointestinal disorder and rising awareness regarding enema administration are expected to drive the market growth. Also, advancement in the product would increase the demand for Enema Bags is likely to increase the market growth during the forecast period. However, the side effect associated with enema bags would impede the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Enema Bags market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America dominates the largest market share in the forecasted period 2018-2027. As there is high prevalence of diarrhea and rising demand in the region is driving the market growth for enema bags. Whereas, Asia-Pacific is also anticipated to exhibit the fastest-growing over the forecast period 2021-2027. Factors such as increasing awareness of abdominal diseases. Hence, the demand for enema bags for healthcare industry is increasing.
Major market player included in this report are:
MacoPharma
Hollister incorporated
Baxter International, Inc.
Coloplast Group
B Braun Melsungen AG
Medline Industries, Inc.
Sigma-Aldrich
Sanofi
LGM Pharma
AdvaCare Pharma
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material Type:
Silicone
Rubber
Others
By Indication:
Constipation
Diarrhea
Obesity
Cancer
Others
By End-Users:
Hospitals and Clinics
Research and Academic Institutes
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Russia-Ukraine War on Market
The market is anticipated to suffer because of the Russia-Ukraine War. The demand for the market has decreased as a result of the political unrest and economic unrest in the area. The war had a detrimental impact on global economic activity, adding to inflationary pressures globally and hindering the post-pandemic recovery, even if it was not the primary cause of the slower-than-anticipated economic growth in 2022 and revised estimates for 2023.
The Five Forces analysis examines the following factors:
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
The PESTLE analysis takes into account the following dimensions:
- Political factors: This includes political policies, stability, and factors related to trade, fiscal policies, and taxation policies.
- Economic factors: This involves analyzing interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates.
- Social factors: These encompass changing family demographics, education levels, cultural trends, shifts in attitudes, and changes in lifestyles.
- Technological factors: This examines changes in digital or mobile technology, automation, and research and development in the relevant industry.
- Legal factors: This entails analyzing employment legislation, consumer law, health and safety regulations, as well as international trade regulations and restrictions.
- Environmental factors: This dimension considers aspects such as climate change, recycling procedures, carbon footprint, waste disposal, and sustainability practices.
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