The 2023 report on the “Bowel Stimulators Market” presents a thorough and accurate examination of different factors pertaining to business expansion prospects, challenges, risk elements, and trends in all geographical regions. This report delivers current information on the most recent technological developments, along with SWOT and PESTLE analysis, and valuable insights on market size.
Global Bowel Stimulators Market is valued at approximately USD 1107.85 million in 2021 and is anticipated to grow with a healthy growth rate of more than 13.7 % over the forecast period 2022-2028. Bowel Stimulators or Sacral Nerve Stimulator
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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.
(SNS) is a newly developed device which is used in a technique called sacral nerve stimulation that can help to restore the continence in the bowel thus make the patients capable of controlling their bowel. Increase in disposable income, development of minimally invasive techniques, increase in incidences of overactive bladder & UTI and fecal incontinence have driven the adoption of Bowel Stimulators across the projected period. For Instance: According to a study published in the Indian Journal of Community Medicine in 2019, the prevalence of urine incontinence in postmenopausal women aged 45 to 90 years was around 26.47 percent. Also, increase in scope of research is most likely to boost the overall growth of the Bowel Stimulators Market. However, presence of alternative devices and threat of new entrants obstructs the market’s expansion over the projection period of 2022-2028.
The key regions considered for the global Bowel Stimulators market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Presence of developed healthcare facilities and adaption of newly developed medical devices are driving the market growth in the region. Whereas, Europe is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. The market is expected to grow during the projected period, due to the rising cases of fecal incontinence.
Major market players included in this report are:
Bowel Stimulators include Medtronic PLC
Axonics Inc.
Sportaid
Nuvectra
Cogentix Medical
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Laborie Inc.
B. Braun
Cyberonics
Inspire medical systems inc
Livanova plc
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 Type:
External
Implantable
By Application:
Urinary Fecal Incontinence
Chronic Anal Fissure
Other
By End-Users:
Hospitals and Clinics
Ambulatory Surgical Centres
Other
By Region:
North America
U.S.
Canada
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Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Some of the Key Questions Answered in this Report:
- What are the essential drivers of the world market? How huge will the market and increase price in upcoming years?
- What are the principal market tendencies that affecting the increase of the world market?
- Key vogue elements have an effect on market share in the world’s pinnacle regions?
- Who are the most vital market contributors and what techniques being they pursuing in the international market?
- What are the market possibilities and threats to which gamers are uncovered in the world market?
- Which enterprise trends, drivers and challenges are riding that growth?
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