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Japan Bowel Management System Market Forecast 2021-2026

The Japan bowel management system market is registered to record a CAGR of 5.18%, over the forecast years. The increased incidence of functional constipation (FC) and irritable bowel syndrome (IBS-C) and the surging geriatric population are among the key factors attributable to the country's market growth. The base year considered for the market study is 2020, and the forecast period is from 2021 to 2025.

According to the Statistics Bureau, the Ministry of Internal Affairs and Communications, Japan, the number of aged individuals (65 years and above), in the country, was 35.5 million, in 2019. Besides, they constituted 28% of the total population in Japan. According to a 2019 study, comprising 3000 subjects under the age of 70, the incidence of irritable bowel syndrome was 4.97%, and the prevalence of functional constipation was 8.76%. However, irritable bowel syndrome causes more serious symptoms than the latter, leading to impaired quality of life.
In addition, according to Organization for Economic Co-operation and Development (OECD), Japan's life expectancy at birth was over 84 years, in 2017. Moreover, this accounts for a relatively higher figure, compared to the OECD average of 80.6 years. In this regard, a higher life expectancy leads to an increased geriatric population. As a result, the increasing senior population, as well as the rising incidence of irritable bowel syndrome, are anticipated to fuel Japan's bowel management system growth during the forecast period.

Leading companies operating in the market are, Cook Medical Inc, GE Healthcare, Thermo Fisher Scientific Inc, Becton, Dickinson, and Company (C R BARD), 3M Company, etc.

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Japan Bowel Management System Market Forecast 2021-2026
Published By :Inkwood Research
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