Rectal Catheters Market Trend 2019, Growth, Leading Companies with Impact of Covid-19, Business Scenario, Emerging Dynamics, Industry Share and Revenue Forecast by 2029

Fecal incontinence is an uncontrolled passing of bowel movements including solid stools, liquid stools, or mucus from anus. According to NIH, 1 in 3 people who visit a primary healthcare provider is affected by fecal Incontinence. Causative factors of fecal incontinence can be older age, diarrhea and chronic bowel diseases. Major application area where rectal catheters are being used includes fecal incontinence, chronic gastroenterological diseases, and delivery of medication and fluid. Managing long-term fecal incontinence and chronic diarrhea are the major conditions where rectal caterers are primarily needed. Rectal catheters market is expected to offer higher market opportunities due to lack of standardized treatment options in fecal incontinence and chronic diarrhea. Rectal catheters can be used in sever gastroenterological diseases for diagnosis and irrigation purpose. The application scope of rectal catheters can be extend to treat constipation and effective rectal delivery of medications. In emerging rectal catheters market developments, rectal delivery with the help of rectal catheters is the best alternative for rapid administration of medications and fluids. Chronic gastroenterological diseases based applications of rectal catheters are expected to witness growth opportunities in forecast period.

Rectal Catheters Market: Drivers and Restraints

Global rectal catheters market is expected to witness steady growth owing to rise in global aging population and global epidemic of chronic gastroenterological diseases. According to NIH, old age fecal incontinence problem is considered to be significant in the U. S. Economic drivers, such as increasing global healthcare spending will positively influence standard treatment care and diagnosis of bowel diseases which is expected to grow global rectal catheters market. Lack of standard treatment for fecal incontinence and subsequent new product developments are expected to drive future growth of rectal catheters market. Global rectal catheters market growth expected to hamper due to associated complications such as mucosal irritation, bowel perforations and other complications. Low awareness and patient emotional and social distress may become significant hurdle in future growth opportunities of global rectal catheters market.

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Rectal Catheters Market: Overview

The global rectal catheters market is expected to witness steady growth over the forecast period. Among all application, fecal incontinence is expected to deliver higher market growth owing to higher patient population. Majority of developments are happening around quality improvements in products. Clinical developments are focused by leading players to overcome patient discomfort during and post use of product. Pre-coating of catheter for smooth surface, soft inflatable balloon and easier insertion are significant technological aspects are being focused by the manufacturers to capture higher market share. Hospitals and clinics are expected to dominate end-user segment in the global catheters market. In product type, catheter integrated with collection bag is expected to grow due to high quality end use outcomes. Few market players are focusing on emerging applications of rectal catheters such as administration of medications and fluids. Recently, Hospi Corporation has taken US FDA approval for the Macy Catheter, a rectal catheter for rapid administration of medications and fluids in oral administration compromised patients.

Rectal Catheters Market: Regional Outlook

In the global rectal catheters market, North America is expected to be lucrative market pertaining to higher patient pool and cost of treatments. Europe is expected to be the second most opportunistic region in the global rectal catheters market owing to favorable reimbursement scenario and high awareness. East Asia and South Asia rectal catheters markets are emerging and expected to grow at highest rate among all region owing to increasing healthcare expenditure and huge patient pool. Oceania is expected to grow at steady growth rate owing to high standard medical facilities and awareness. Latin America and Middle East & Africa are expected to be the least growing rectal catheters market due to low healthcare expenditure.

Rectal Catheters Market: Key Players

The key players operating in the global rectal catheters market are: Coloplast, Medtronic, Inc., Convatech, Argon Medical Devices Inc., Hollister Incorporation, B. Braun Melsungen AG, C. R. Bard, Inc., Laborie, EB Neuro, Sterimed Group, P3 Medical Ltd., Integra Lifesciences and others.

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