Bowel Stimulators Market Size

Bowel Stimulators Market size is anticipated to witness more than 6.5% CAGR during the forecast period i.e., between 2024-2036. Bowel stimulator is a nerve stimulator that is surgically implanted to help a patient reduce the number of bowel accidents caused by fecal incontinence. The growth of the market can be attributed to the increasing prevalence of bowel incontinence, in which the patient is unable to control bowel movement. Furthermore, the rising demand for quick, and long-term treatment plans amongst adults, is estimated to fuel the market growth. Along with this, growing adoption of surgeries, favorable medical reimbursement policies, and higher disposable income are some of the common factors estimated to boost the market growth.

Moreover, this disorder is more common amongst the older population, as aging results in loss of control over muscles. As a result, the rising geriatric population across the globe is estimated to boost the market growth. As per the data by the World Bank census, 9.321% of the total population was aged above 65 years, in 2020. This share has significantly increased over the past decade, as only 7.56% of the population was above 65 years of age in 2010.