Report : Anal Irrigation Systems Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product (Mini Devices, Cone Devices, Bed Systems, and Balloon Catheter Devices); Patient (Children and Adults); End-User (Hospitals, Clinics, and Ambulatory Surgical Centers), and Geography
Anal Irrigation Systems Market for Adults Segment to Grow at Highest CAGR during 2020–2027
According to our new market research study on “Anal Irrigation Systems Market to 2027 – COVID-19 Impact and Global Analysis– by Product, Patient, and End User,” the market is expected to reach US$ 387,942.3 thousand by 2027 from US$ 323,039.0 thousand in 2019; it is estimated to grow at a CAGR of 2.5% from 2020 to 2027. The rising incidence of colorectal cancer and inflammatory bowel diseases, growing geriatric population, and development for minimally invasive procedures boost the growth of the global anal irrigation systems market.
Based on patient, the anal irrigation systems market is segmented into children and adults. The adults segment held a larger share of the market in 2019, it is also estimated to register a higher CAGR of 3.0% in the market during the forecast period. The incidences of neurological bowel disorders or diseases are widely seen among the elderly population; with the growing age, the risk of developing bowel disorders increases these people. However, there are incidences of bowel disorders among people of age 40–60 years. The incidence can be co-associated with to cancer, physical or mental illness, and functional disorders.
The end users from the home care setting segment are expected to serve growth opportunities for market growth. The rising awareness regarding the minimally invasive procedure of anal irrigation is expected to increase demand for these systems. Also, the growing financial status of people is expected to increase the market for anal irrigation systems. Increase in disposable income, introduction of advanced medical devices, and growing emphasis on preventive care with focus on diagnostics and treatment are likely to offer significant opportunities for anal irrigation system providers. It is estimated that by 2030 Asia would represent 66% of the global middle-class population and 59% of middle-class consumption, compared to 28% and 23%, respectively, in 2009. Thus, increased disposable income would allow households to save or spend more for better healthcare facilities.
The outbreak of COVID-19 was first reported in December 2019 in Wuhan (China). The outbreak is impacting several markets, including the market for anal irrigation systems. With the continued spread of COVID-19 around the world, researchers are looking into numerous possible treatment options, including existing options. This has led to disruption of manufacturing and supply chains of other healthcare-associated consumables and accessories, thereby hampering the growth of the anal irrigation systems market.
Consure Medical Pvt. Ltd., Convatec Group Plc, Becton, Dickinson And Company, Renew Medical Inc., Coloplast A/S, B. Braun Melsungen Ag, MBH-International A/S, Dentsply Sirona, Prosys International Ltd., and UROMED Kurt Drews KG are among the leading companies operating in the anal irrigation systems market.
The report segments global anal irrigation systems market as follows:
By End User