Global Urinary Catheters Market Report and Forecast 2023-2031
Global Urinary Catheters Market Outlook
The global urinary catheters market value in 2022 was USD 1.94 billion, driven by the increasing prevalence of urinary disorders across the globe. The market size is anticipated to grow at a CAGR of 4% during the forecast period of 2023-2031 to achieve a value of USD 2.76 billion by 2031.
Urinary Catheters Introduction
Urinary catheters are medical devices used to drain urine from the bladder when a patient is unable to empty it naturally. They are typically made of flexible materials like rubber, silicone, or latex and come in various types, such as indwelling (Foley) catheters, intermittent (short-term) catheters, and external (condom) catheters. Urinary catheters are used in a variety of medical settings, including hospitals, long-term care facilities, and home care, for patients with urinary incontinence, urinary retention, or postoperative care needs.
Urinary Catheters Market Scenario
The global urinary catheters market has experienced significant growth in recent years, driven by factors such as an aging global population, increasing prevalence of urinary disorders, advancements in catheter materials and designs, and growing awareness about the importance of proper urinary care.
North America: The largest market for urinary catheters, driven by factors such as the advanced healthcare infrastructure, a high prevalence of urinary disorders, and the presence of major urinary catheter manufacturers.
Europe: The second-largest market, with increasing demand for urinary catheters due to a growing aging population and a supportive regulatory framework.
Asia-Pacific: Expected to witness the highest growth rate due to factors such as a rapidly aging population, increasing prevalence of chronic diseases, and growing investments in healthcare infrastructure.
Urinary Catheters Market Segmentations
Market Breakup by Product Type
- Intermittent Catheters
- Foley/ Indwelling Catheters
- External Catheters
Market Breakup by Type
- Coated Catheters
- Uncoated Catheters
Market Breakup by Applications
- Benign Prostate Hyperplasia & Prostate Surgeries
- Urinary Incontinence (UI)
- Spinal Cord Injury
- Others
Market Breakup by Gender
- Male Catheters
- Female Catheters
Market Breakup by End User
- Long Term Care Facilities
- Hospitals
- Clinics
- Community healthcare
- Others
Market Breakup by Region
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Italy
- Others
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
- Latin America
- Brazil
- Argentina
- Mexico
- Others
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Trends in the Urinary Catheters Market
Some key trends in the urinary catheters market are:
- Growing aging population: The aging population is expected to drive the demand for urinary catheters as elderly individuals are more prone to urinary incontinence and related issues.
- Technological advancements: The introduction of innovative urinary catheters with improved design and features, such as hydrophilic coatings, antimicrobial materials, and self-lubricating materials, is expected to increase the demand for such products.
- Increasing prevalence of urologic disorders: The rising incidence of urologic disorders, such as urinary incontinence, bladder dysfunction, and neurogenic bladder, is expected to boost the demand for urinary catheters.
- Growing healthcare expenditure: The increasing healthcare expenditure across the globe is expected to drive the demand for urinary catheters as healthcare facilities are likely to invest in advanced medical devices to provide better patient care.
- Favourable reimbursement policies: The availability of favourable reimbursement policies for urinary catheters is expected to boost the demand for these products, especially in the developing countries, where the cost of medical devices is a major concern for patients.
Urinary Catheters Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Coloplast
- B. Braun Melsungen AG
- BD
- Hollister Incorporated
- Medtronic
- Teleflex Incorporated
- ConvaTec Group PLC
- Rocamed
- Dentsply Sirona
- Boston Scientific Corporation
- Bactiguard AB
- PACIFIC HOSPITAL SUPPLY CO. LTD.
- Amsino International, Inc.
- Well Lead Medical Co.,Ltd.
- Zhanjiang Star Enterprise Co., Ltd.
- Guangdong Haiou Medical Apparatus Co., Ltd
- Henan Shuguang Jianshi Medical Equipment Group Co., Ltd
- Urocare Products, Inc.
- Degania Silicone Ltd.
- CURE MEDICAL, LLC
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