Indwelling Catheters Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
Fairfield Market Research, a leading provider of market research insights, has unveiled a comprehensive report on the Indwelling Catheters market, forecasting substantial growth in the industry. The global revenue generated by the indwelling catheters market was valued at US$ 7.9 billion in 2024. This growth trajectory is expected to propel the market to an estimated valuation of US$ 15 billion by the end of 2031.
Driving Factors for Indwelling Catheters Market Growth
Increasing Elderly Population, Growing Global Healthcare Expenditure, and Product Material Modification: The prevalence of urinary incontinence (UI) is notably high among the elderly, particularly in women. With more than 20% of older adults suffering from UI, the aging global population presents a significant business opportunity for indwelling catheters.
As the elderly are more susceptible to urological problems, the market is witnessing rapid expansion. Manufacturers are focusing on improving product quality to reduce catheter-associated urinary tract infections (CAUTI), enhance patient comfort during catheterization, and increase product durability.
Furthermore, innovations in catheter material coatings, designed to minimize infection risks, are stimulating wider acceptance and are expected to drive market growth. The rise in global healthcare expenditure, coupled with increased R&D investments for product quality enhancement, is also contributing to market expansion.
Challenges Impacting Market Growth
Availability of Alternatives and Growing Prevalence of UTI: The increasing prevalence of urinary tract infections (UTIs) presents a potential hindrance to market growth. Catheterization, which is prone to complications, can cause pain during the procedure due to CAUTI, potentially impeding market growth.
Additionally, the availability of alternative products such as urethral plugs, adult diapers, vaginal slings, and absorbent pants could limit the growth of the indwelling catheters market during the forecast period.
Country-wise Insights
Booming U.S. Indwelling Catheters Market: The United States holds a dominant market share of around 91.5% in the North America market in 2022, with expectations of a similar trend in the forecast period. Increasing cases of kidney-related ailments in the U.S. have led to a surge in demand for indwelling catheters for pre- and post-operative convenience, as well as for renal transplants, driving market growth.
Lucrative German Market: Germany is poised to be a lucrative market for indwelling catheter service providers due to its rising geriatric population. With one in every four Europeans aged 60 or older, Europe is witnessing a significant increase in the number of elderly individuals. As urinary disorders are common among the elderly, the market for indwelling catheters is expected to thrive.
Emerging Chinese Market: China, with its vast patient base, is set to experience substantial growth in the global indwelling catheters market. The country's market expansion is further accelerated by the high rates of infection proliferation during catheterization. Additionally, studies showcasing the efficacy of traditional Chinese medicine in infection prevention are expected to drive market growth by combining both forms of treatment for disease management.
Competition Landscape
Prominent Market Players:
• Teleflex Incorporated
• Cardinal Health
• B. Braun Melsungen AG
• Coloplast
• Medtronic
• ConvaTec, Inc
• Sterimed Group
• Becton, Dickinson and Company
• McKesson Medical
• Poiesis Medical
• COOK Medical
• Smiths Medical
• Rocket Medical plc
Key Segments Covered in Indwelling Catheters Industry Research
Product:
• Indwelling Urinary Catheters
2 way indwelling urinary catheters
3 way indwelling urinary catheters
4 way indwelling urinary catheters
• Indwelling Plural Catheters
• Indwelling Peritoneal Catheters
• Indwelling Nephrostomy Catheters
• Peripheral Intravenous Catheters
Material:
• Latex
• PVC
• Silicone
• Tetrafluorethylene-hexafluoropropylene (Teflon)
• Others
Packaging
• Single Strip Pack
• Kit Pack
End User:
• Hospitals
• Ambulatory Surgical Centre
• Long Term care centers
• Home Care
Region:
• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East & Africa
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