Global Intermittent Catheters Market Research Report 2024(Status and Outlook)

Global Intermittent Catheters Market Research Report 2024(Status and Outlook)

Report Overview

Intermittent catheters are medical devices used to manage urinary retention or to assist individuals with bladder dysfunction in emptying their bladders. Unlike indwelling catheters, which remain in the bladder, intermittent catheters are inserted only when needed for catheterization and are then removed.

With the development of modern science and technology and the increasing average life span and aging trend of the world's population, the scope of application of medical catheters such as intermittent catheters in modern medical diagnosis and treatment and home care will continue to expand and their importance will continue to increase. The future development of the industry The potential is huge. More and more new materials, new technologies and new processes are used in the production and manufacturing of medical catheters. Clinical medical technology, polymer materials science, bionics, bioengineering, precision instruments and advanced manufacturing technology are widely used in the medical catheter industry. Intermittent catheters are using new materials, such as hydrophilic coatings, antibiotic coatings, and ultra-slippery antibacterial coatings to solve the problems of past catheters.

The global Intermittent Catheters market size is projected to reach US$ 2669.55 Million by 2029 from US$ 2045.10 million in 2022 at a CAGR of 3.96% during 2023-2029. The increasing prevalence of urological diseases is the core driver of market development. Urinary tract disorders cover a variety of conditions, including urinary incontinence, neurogenic bladder, urinary retention and urinary tract disorders. These conditions often require the use of intermittent catheters to control and relieve symptoms. Intermittent urinary catheters provide a highly effective solution to continuous drainage catheters, prevent urinary tract infections, and help improve urinary incontinence in some patients. The aging of the global population is an important factor driving the increasing prevalence of urinary tract diseases and urinary incontinence. The global population aging trend will continue in the future, and the increase in the total medical expenses of the elderly will drive the growing demand for medical care products in the next 10-15 years. The demand for basic medical equipment such as intermittent catheters and other medical catheters will also continue to grow.

The increasing incidence of prostate cancer is also a significant driving force for the intermittent catheter market. Intermittent catheters are often used by patients after a prostatectomy or during cancer treatment to control urinary problems. On the other hand, the reimbursement amount and coverage of medical insurance for residents around the world are also showing an upward trend. Preferential reimbursement policies offered by insurance companies and government health plans make intermittent catheters more accessible and affordable for patients. These policies reduce the financial burden on patients and promote continued catheter usage, thus promoting market growth. Additionally, trends in ambulatory care and increasing awareness of healthcare will lead to an increase in the number of intermittent catheter users.

At the same time, intense price competition among intermittent catheter manufacturers has led to a lack of awareness among many patients and healthcare providers about intermittent catheterization, its limitations, and its complications. This will hinder the development of the intermittent urinary catheter market.

Segment by Type, the Intermittent Catheters can be split into PVC Intermittent Catheters, Silicone Intermittent Catheters, etc. Latex Intermittent Catheters still occupies the highest market share, and has reached 34.84% in 2022. Latex intermittent catheters have a long history of use in the medical field. They were among the first materials used for catheters, and healthcare professionals and patients have long been familiar with them. Latex intermittent catheters are also generally more cost-effective than alternative materials such as silicone. Latex catheters are known for their flexibility and ease of insertion. This makes them suitable for a variety of patient situations, especially those requiring intermittent catheterization. The flexibility of latex catheters provides comfort during insertion. At the same time, latex intermittent catheters are widely used and there is a well-established supply chain for these products.

According to the application population, intermittent catheters can be divided into Male Patients, Female Patients, and Children. Currently, the market share of the Male Patients department is 58.48%, which is higher than the 36.92% of the Female Patients department and 4.60% of the Children department. The prevalence of urinary tract disorders, such as urinary retention and incontinence, is higher in men than in women and children. This results in more male patients requiring intermittent catheterization. Men have longer urethras and are more susceptible to prostate-related urinary problems, such as benign prostatic hyperplasia (BPH) and prostate cancer. These conditions can block urine flow, leading to a higher likelihood of urinary retention, which often requires intermittent catheterization. Additionally, while urinary incontinence can affect both men and women, certain types of urinary incontinence, such as overflow incontinence, are more common in men due to underlying urinary tract disease. This increases the need for catheters in male patients.

On basis of geography, the Intermittent Catheters market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa, etc. In 2022, the North America market contributed the highest revenue and has occupied 34.42% market share. North America has a highly advanced and developed healthcare infrastructure that provides easy access to healthcare facilities, ensuring patients have access to a wide range of medical products, including intermittent catheters. The North American market has several leading intermittent catheter manufacturers and suppliers, forming a competitive landscape that promotes product innovation and accessibility. On the other hand, the market size of the Asia-Pacific market will expand at the highest CAGR during the forecast period, reaching 6.89%. The Asia-Pacific region is experiencing demographic changes, with an increasing elderly population. This demographic trend is associated with a higher prevalence of urological disorders requiring intermittent catheterization. As the elderly population increases, so does the market for these devices. At the same time, many countries in the Asia-Pacific region have been increasing healthcare spending to improve healthcare infrastructure and accessibility. This includes investment in urology care and the availability of intermittent catheters.

According to our calculations, the Manufacturers Market Concentration Ratio, HHI and CR of the Intermittent Catheters are 59.41% and 10.18% respectively. This means that the top manufacturers collectively control a considerable market share, but the overall market concentration is low and manufacturers are in the midst of fierce competition. The global market is dominated by a few major industry players. These companies focus on strategies such as acquisitions and partnerships to consolidate their market share and expand their customer base. Key players implement several strategies to maintain a competitive edge and increase their market share in the industry. Major players in the market include ConvaTec, Coloplast, Becton Dickinson, Wellspect HealthCare AB, Hollister Incorporated, Welllead, B.Braun, Medline Industries, Cook Medical, Teleflex, Boston Scientific, Zhanjiang Star Enterprise Co.,Ltd., CompactCath, Medical Technologies of Georgia Inc., Cure Medical, Nantong Angel Medical Instruments Co.,LTD.

This report provides a deep insight into the global Intermittent Catheters market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Intermittent Catheters Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Intermittent Catheters market in any manner.

Global Intermittent Catheters Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

ConvaTec

Coloplast

Becton Dickinson

Wellspect HealthCare AB

Hollister Incorporated

Welllead

B.Braun

Medline Industries

Cook Medical

Teleflex

Boston Scientific

Zhanjiang Star Enterprise Co.,Ltd.

CompactCath

Medical Technologies of Georgia Inc.

Cure Medical

Nantong Angel Medical Instrumens Co.,LTD

Market Segmentation (by Type)

PVC Intermittent Catheters

Silicone Intermittent Catheters

Latex Intermittent Catheters

Others

Market Segmentation (by Application)

Male Patients

Female Patients

Children

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Intermittent Catheters Market

Overview of the regional outlook of the Intermittent Catheters Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Intermittent Catheters Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.