Urinary Catheters

Urinary Catheters

Global Urinary Catheters Market to Reach US$9.4 Billion by 2030

The global market for Urinary Catheters estimated at US$6.2 Billion in the year 2023, is expected to reach US$9.4 Billion by 2030, growing at a CAGR of 6.0% over the analysis period 2023-2030. Intermittent Catheters, one of the segments analyzed in the report, is expected to record a 5.9% CAGR and reach US$5.3 Billion by the end of the analysis period. Growth in the Foley Catheters segment is estimated at 4.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.7 Billion While China is Forecast to Grow at 9.1% CAGR

The Urinary Catheters market in the U.S. is estimated at US$1.7 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2030 trailing a CAGR of 9.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.1% and 5.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.

Urinary Catheters  - Key Trends and Drivers

The global urinary catheter market is expanding steadily, driven primarily by the increasing prevalence of urinary disorders and a growing aging population. The rising incidence of urinary incontinence, bladder dysfunction, and other chronic ailments necessitates urinary catheterization, which plays a crucial role in managing these conditions. Additionally, the surge in urological surgeries and the high prevalence of kidney and bladder stones further escalate the demand for urinary catheters. Aging demographics significantly contribute to this trend, as the elderly are more prone to conditions that require catheterization, thus driving consistent demand in this segment.

Innovations in catheter technology and materials are another significant driver of growth. Manufacturers are focused on improving patient comfort, reducing the risk of infection, and enhancing the ease of use with features such as antimicrobial coatings, pre-lubrication, and hydrophilic coatings. These advancements increase product adoption by healthcare professionals and patients alike. Moreover, the development of intermittent catheters, which can be used multiple times a day by the same patient, has significantly expanded the market, providing individuals with better mobility and independence. Also underway is the development  of smart catheters designed to significantly improve the quality of life for men with neurogenic bladders.

Market trends also reveal a rising preference for self-catheterization and home-based care, reflecting shifts in patient empowerment and healthcare cost management. As healthcare systems encourage patients to take greater responsibility for their health, the demand for intermittent and disposable catheters is rising. Furthermore, increased awareness of urinary health, particularly among aging populations, coupled with enhanced distribution channels through online and retail pharmacies, facilitates greater access to these products. The overall trend towards minimally invasive treatments and personalized care will likely sustain and accelerate the growth of the urinary catheter market in the coming years.

Select Competitors (Total 57 Featured) -

• AngioDynamics Inc.
• B. Braun Melsungen AG
• Boston Scientific Corp.
• Coloplast Group
• ConvaTec Group Plc
• Cook Medical Inc.
• Fresenius Medical Care AG & Co. KGaA
• Hollister Inc.
• Medline Industries Inc.
• Medtronic Plc.
• Teleflex Inc.
• Wellspect HealthCare

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