Urinary Catheter

Urinary Catheter

Urinary Catheter is a flexible tube made up of plastic, silicon and rubber, used for the purpose of emptying the bladder and collecting the urine in the drainage bag. It is generally inserted by the healthcare professional. They can either be inserted internally by a tube carrying urine out of the bladder into the drainage bag or through a small opening made in the abdomen (suprapubic catheter). These are used when people have difficulty in urinating naturally, or underlying medical conditions such as urinary tract infection, urine retention, benign prostate hyperplasia and other medical conditions.

The rising incidence of the increasing prevalence urinary incontinence, benign prostate hyperplasia, urinary tract infection and other medical conditions across the globe. For instance, according to the American Urological Association 2023 report, a quarter to a third of men and women in the U.S. suffer from urinary incontinence and about 33 million have overactive bladder (also known as OAB) representing symptoms of urgency, frequency and with or without urge incontinence. Further, with the rise in the geriatric population, the incidence of these conditions is expected to increase, leading to a greater demand for urinary catheters. Thus, the above-mentioned elements are anticipated to boost the market growth for the Urinary Catheter market in the forecasted period.

• Based on product type, the market is segmented into indwelling catheters, intermittent catheters, and external catheters. Amongst these, the intermittent catheter is anticipated to grow with a significant CAGR in the forecasted period. This is attributed to factors such as convenience and greater patient autonomy. Intermittent catheters are convenient to use since they do not require the placement tube to be inserted into the bladder and can be reinserted or removed as per the requirements. Thus, making it a choice of preference amongst the patient requiring catheterization. Additionally, these catheter allows the patient to manage their catheterization needs which improves the quality of life. Thus, these above-mentioned factors are anticipated to fuel the market growth in the forecasted period.
• Based on the application type, the market is segmented into benign prostate hyperplasia, urinary incontinence, general surgery and others. Amongst these, urinary incontinence is anticipated to grow with a significant CAGR in the forecasted period. This is attributed to factors such as changes in the urinary tract and other related medical conditions such as diabetes, stroke, mobile impairments and other medical conditions. Additionally, the rising prevalence of urinary incontinence is driving the market demand for urinary catheter market. For instance, according to the American urological association 2023 report, urinary infection is more common in women than men and as per the above-mentioned source, approximately one-third of the population in the US have urinary infections. These above-mentioned elements are anticipated to fuel the market growth for the urinary catheter market in the forecasted period.
• Based on the end-user, the market is bifurcated into hospitals and home-healthcare facilities. Amongst these, the hospital segment is anticipated to grow with a significant CAGR in the forecasted period. hospitals are equipped with well medical equipment required to perform insertion procedures for catheter insertion. Additionally, the hospitals treat a wide range of medical conditions requiring urinary catheter placements such as bladder stones, urinary infections and other medical conditions. Furthermore, the hospitals are well equipped with the medical emergency requiring catheters. Thus, these above-mentioned factors are fueling the growth of the market.
• For a better understanding of the market adoption of the Behavior Health industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and the Rest of North America), Europe (UK, Germany, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), Rest of World. Asia-pacific is anticipated to grow with a significant CAGR during the forecasted period. This is attributed to the rising prevalence of prostate cancer in this region. For instance, according to the international research centre for Cancer 2020 report, there were around 3063 thousand cases of prostate cancer reported, this rate is further expected to reach 6033 thousand by 2040. North America has a well-established healthcare infrastructure, including a large network of Urinary Catheter providers, which has contributed to the growth of the Urinary Catheter market. Additionally, diseases affecting the nerve that is supplied to the bladder are also anticipated to augment the demand for urinary catheters in this region. Thus the above-mentioned elements are fueling the growth in this region.
• Some of the major players operating in the market include Convatec Inc., Medtronic, Teleflex Incorporated., Coloplast Corp, and BD. , Boston Scientific Corporation, Cook, B. Braun SE, Medline Industries, Inc., J and M Urinary Catheters LLC.