Urinary Catheter Market Low Susceptibility to Infection and Wide Adoption to Fuel the Growth of Intermittent Catheters
The Urinary Catheter Market – Global Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, business strategies, research & development activities, supply chain analysis, competitive landscape, and market composition analysis.
Urinary Catheter is a flexible & hollow tube used for collection of urine from the bladder in conditions when a person cannot empty the bladder on their own. The urinary catheters are applied in case of urinary retention, urinary incontinence, or failure to control the urination process. The major factor fuelling the growth of urinary catheters market is the increasing number of surgical procedures for treatment of spinal injuries, neurological conditions, prostate gland, genitals, or pelvic related ailments. Additionally, prevalence of chronic kidney disorders, increasing number of patients affected with dementia and spinal bifida, injuries in the nerves of the bladder, and impairment of bladder muscle control are major factors fuelling the demand for urinary catheters. The demand for urinary catheters is anticipated to witness prominent growth in coming years due to expanding geriatric population, and rising prevalence of urinary incontinence around the globe. The global urinary catheters market is anticipated to grow significantly during the forecast period.
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The global urinary catheter market is segmented based on product type, application, gender, end user, and geography. Based on product type, the global urinary catheter market is segmented into indwelling catheters, intermittent catheters, and external catheters. The intermittent catheters contributed the largest share to the global market in 2019 and is anticipated to be a dominating segment during forecast period owing to high preference over other catheter types fuelled by easy applicability and efficient operations. The external catheters also known as condom catheter is anticipated to be the fastest growing urinary catheter type owing to increasing adoption fuelled by non-invasive operation and ease of installation and removal without help of caregiver.
Increasing prevalence of benign prostate hyperplasia (BPH) in ageing men is anticipated to fuel the growth of urinary catheters market in coming years
Based on applications, the global urinary catheter market is segmented into benign prostate hyperplasia (BPH), urinary incontinence, spinal cord injury, and others. The urinary incontinence applications of catheters dominated the global urinary catheters market in 2019 and is anticipated to be the leading application during the forecast period owing to high prevalence and expanding geriatric population. The benign prostate hyperplasia (BPH) is anticipated to be the fastest growing segment during the forecast period owing to increasing incidences of BPH in ageing men and acute urinary retention associated with benign prostate hyperplasia (BPH).
Based on geography, the global urinary catheter market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America contributed the largest share to the global market in 2019 owing to strong prevalence of urological disorders, expanding geriatric population and increasing adoption of urinary catheters in homecare settings. Increasing product innovation and introduction of new products to the market by the leading manufacturers is anticipated to fuel the growth of the North America urinary catheters market during the forecast period. Asia Pacific is expected to be the fastest growing market during the forecast period owing to expanding geriatric population, increasing awareness regarding urological disorders and benefits of urinary catheters. Additionally, increasing investment by leading medical device manufacturers is anticipated to bolster early adoption of advanced medical devices and technologies, and is expected to propel the adoption of urinary catheters in coming years.
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Major players active in the global urinary catheter market include Amsino International Inc, B. Braun Melsungen AG, Becton, Dickinson and Company, Boston Scientific Corporation, C.R.Bard, Inc., Coloplast A/S, ConvaTec Group plc, Cook Medical Incorporated, Hollister Incorporated, J and M Urinary Catheters LLC, Medline Industries, Inc., Medtronic plc, and Teleflex Inc.