Stool Management Systems Market

Key Points Covered in Stool Management Systems Market Study

• Market estimates and forecast 2016-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Stool Management Systems Market and How to Navigate
• Recommendation on Key Winning Strategies

2016-2020 Stool Management Systems Market Outlook Compared to 2021-2031 Forecast

According to Future Market Insights (FMI), the sales of stool management systems have grown at 3.0% CAGR between 2016 and 2020. Stool management systems are platforms designed for managing acute diarrhea and diverting liquid or semi- liquid stool in bed ridden pateints.

To improve patient management, external management systems, indwelling collection systems, and different accessories like catheter tubes, luer-lock syringe, collection bag with filters and clinch clamps are gaining attention.

In September 2019, ConvaTec Group Plc announced that it had acquired the assets of Southlake Medical Supplies, Inc. (“Southlake”), a Texas-based independent provider of catheter-related supplies, that aid in improving stool management outcomes.

New product launches and collaborations for stool management systems are likely to improve sales prospects. Companies specializing in stool management systems are expanding their product portfolio and expenditure on research.

In August 2020,  B. Braun Medical Inc. (B. Braun) and Kerma Medical Products, Inc. (Kerma) announced a collaboration that improved the development and delivery of healthcare products and services, especially for veteran, minority, and other underserved communities.

The developmental stages of stool management systems require significant capital. With the rise in the number of new entrants, overall research and development expenses are projected to rise exponentially, along with collaborations and licensing agreements with several research institutes.

With healthcare spending consistently rising in developed countries, the demand for stool management systems is expected to rise. Emerging markets, especially such as those of India and China, have significant untapped potential. These nations continue to spend on innovative technologies for better treatment modalities.

Future Market Insights expects the global stool management systems market to rise at 3.8 % CAGR between 2021 and 2031.

Download a Comprehensive Report Snapshot

How is the Growing Geriatric Population Affecting the Stool Management Systems Demand?

Aged people and older adult populations play a vital role in supporting the market of stool management systems. This can be attributed to the widespread incidence of diarrhea and other related disorders among older patients.

The population of geriatrics is on the rise globally. According to World Bank data of 2019, the population of geriatrics worldwide was 700 million. This increase in numbers resulted in increasing the number of bed ridden patients that need nursing. Stool management systems have helped in reducing overall nursing time.

What are the Key Opportunities for Stool Management Systems Sales Growth?

In case of advanced stool management systems, key market players in the industry have aimed for strategic merger agreements with other companies to enhance their product portfolio. It has helped them in increasing their product reach into the global market, in addition to expanding their production facilities.

In September 2018, B.Braun a leading player of stool management systems inaugurated a new production facility in Saxony, France. This investment of the company, helped them in expanding their production by 2x in the region.

What are the Factors Restraining Demand for Stool Management Systems?

Most fecal incontinence (FI) cases go unreported by the patients owing to the social stigma related to the bowel issues. Most patients try to hide this problem to avoid dependency on others, while dealing with shame and social disapproval.

The market of stool management systems is also hindered by the patients’ demand for the non-invasive modes of bowel management including medications, adult diapers, and absorbent pads. These alternatives might have a negative impact on the sales of minimally invasive stool management systems in the near future.

What is the Impact of the COVID-19 Crisis on the Stool Management Systems Market?

The COVID-19 pandemic is expected to negatively impact the growth of the stool management systems market.  This was primarily attributable to the interrupted supply chains and halted distribution processes during the second quarter of 2020.

The priority shifted to COVID-19 vaccine availability and investments were largely diverted to speedy vaccination programs. The negative impact on the stool management systems market were owing to limited production, transportation-related delays from travel restrictions, and disrupted supply chains.

Country-wise Insights

How Lucrative is the Opportunity for Stool Management System Manufacturers in the U.S.?

The U.S. holds over 92% of the value share of the stool management systems market in North America. This has been largely attributed to the cost effectiveness of these systems in feacal management procedures in a largely matured healthcare market.

Moreover, market players in the country follow certain startegies such as business expansion through enhancing production capacity. For instance, in October, 2019, Hollister Incorporated declared the official grand opening of its manufacturing facility in Kaunas, Lithuania, located in the Kaunas FEZ region.

What are the Factors Driving Revenue Generation in the U.K.?

The U.K. accounts for over 15% of the Europe market through the assessment period ending in 2031. The growing target population is a prominent driver and a key factor responsible for accelerated growth in the U.K. market for stool management systems.

New acquisitions have been driven by the need to widen portfolios for over-the-counter drugs in the U.K. market.  In September 2019, ConvaTec Group Plc declared its acquisition of the assets of Southlake Medical Supplies, Inc. (“Southlake”), a Texas-based independent provider of catheter-related supplies to enhance its reach to patients and caregivers.

How is the Stool Management Systems Market Faring in Germany?

Germany’s market will exhibit a 1.8% CAGR throughout the forecast period. Key players in the country follow startegies including collaborations to enhance their reach and sustaining revenue inflows in the market.

For instance,  B. Braun Medical Inc. (B. Braun) and Kerma Medical Products, Inc. (Kerma) announced their collaboration in August 2020, that assisted them in improving the development and delivery of healthcare products and services, with an emphasis on veteran, minority, and other lower-strata communities.

What are the Favorable Policies Driving the Australia Market?

The Australia market will account for more than 95% of the sales registered in Oceania for the year 2021. Increasing healthcare spending has improved the quality of healthcare in the country.

The Australian healthcare system is amongst one of the largest in the world. According to the Australian Government Department of Health, safe, high-quality, and affordable healthcare is available for residents, creating a conducive environment for growth.

What is Scope of Growth of Stool Management Systems in France?

The market for stool management systems in France is exhibiting a 2.7% CAGR, and is expected to account for more than 17% of the Europe market throughout the projection period.

This is largely attributed to the French healthcare system. The healthcare facilities were very accessible for every French citizen in addition to foreigners regardless of age or income, supporting access to stool management system facilities.

Category-wise Insights

What Type of Stool Management Systems Drive Revenue Generation?

Systems are projected to have a higher potential towards growth in the coming years. It is likely to have high CAGR of 3.7%. The revenue of the segment is estimated at over USD$ 101 Mn in 2021.

These are the devices that help the patients of FI by diverting the stool in watery or semi solid conditions. It also helped bed ridden patients who cannot use conventional toilets. Furthermore, it helps caregivers by reducing their workload.

What is the Market Share of Indwelling Collection Systems?

Indwelling collection systems will continue to dominate the market during the forecast period and is expected to hold around 60% of the market share through the end of 2031. This can be attributed to improvements to fecal retention and removal of obstructions in the system.

What is the Scope of Growth for Accessories?

Accessories are expected to reflect notable growth in the stool management systems market with a 3.7% CAGR in the forecast period. These include devices such as catheter tubes, luer-lock syringes, collection bags with filters, and clinch clamps that help diseased and  bed ridden patients.

Competitive Landscape

Manufacturers in the stool management systems market are primarily aiming to carry out strategic collaborations, new product launches, and mergers & acquisitions for sustaining their presence in the market in the long term.

• For Instance, in December 2017, Becton, Dickinson and Co. completely acquired C.R. Bard with a strong R&D strategy which primarily focuses on the development of new technologies to enhance their clinical outcomes in affordable manner.
• In May 2018, Hollister Incorporated established a novel distribution center in Oud Gastel, Netherlands fulifilling the rising demand of the products for the population.
• In November 2020, Coloplast A/S acquired Nine Continents Medical, Inc. in order to follow a user friendy approach for patient treatment and care.

Scope of the Report

Key Questions Answered in the Report

• How much is the stool management systems market worth?

  The stool management systems market will worth US$ 23487.3 Mn in the year 2021 supported by growing incidence of fecal incontinence, particularly among geriatrics.

• What was the last 5 year market CAGR in the stool management systems market?

  Historically, the market has grown at a CAGR of 3% between 2016 and 2020.

• What are the key trends influencing the stool management systems market?

  Research product innovation, adoption of artificial intelligence and machine learning technologies, and efforts towards cutting costs are key trends in the market.

• What is driving demand for stool management systems?

  Rapidly growing population of older adults, awareness programs in developing countries, and affordable offerings with the incorporation of new technolgies will drive growth during the forecast years.

• What is the share of the top 5 players in the stool management systems market?

  The cumulative market share of the top 5 players including B. Braun Melsungen AG, Becton Dickinson, ConvaTec, Inc., Hollister Incorporated, and Prosyn International Ltd.constitutes around 81% of the overall market.

• Which are the top 5 countries driving demand in the stool management systems market?

  Germany, U.K., France, U.S. and Canada are the top 5 countries driving the demand for stool management systems.

• What is the North America stool management systems market outlook?

  North America holds around 44.7% revenue share in the overall stool management systems market in 2021. Led by the U.S., the market will witness a slight decline in the coming decade owing to faster growth in emerging economies.

• At what rate are stool management systems going to register growth in Europe?

  The Europe Market is set to exhibit a CAGR of 4.2% during the forecast period owing to high strong medical infrastructure and favorable government policies.

• Which companies are key producers of stool management systems?

  Consure Medical, Coloplast, Primed Halberstadt Medizintechnik GmbH, B. Braun Melsungen AG, Becton Dickinson, ConvaTec, Inc., Hollister Incorporated, and Prosyn International Ltd.are key producers in this market.

• What will be the demand outlook of stool management systems market?

  The stool management systems market will reach a valuation of over US$ 33.8 Bn by the end of 2031.

Stool Management Systems Market by Category

Product Type

• Systems
  • External Management Systems
  • Indwelling Collection Systems
    • With Irrigation
    • Without Irrigation
• Accessories
  • Catheter Tubes
  • Luer-Lock Syringe
  • Collection Bag with Filter
  • Clinch Clamp

Region

• North America
• Europe
• Oceania