The global demand for Urinary Catheters Market is presumed to reach the market size of nearly USD 10.11 MN by 2028 from USD 6.25 MN in 2021 with a CAGR of 7.51% under the study period 2022 - 2028.
A urinary catheter refers to a partially flexible tube draining urine from the bladder. These catheters are made from various materials, including silicon, rubber, and plastic. Medical professionals advise urinary catheter use in the event of urinary incontinence (UI), urinary retention, prostate surgery, or other ailments like dementia, multiple sclerosis, or spinal cord damage. Depending on the demands and requirements of the patient, several types and sizes of equipment are available.
Some major reasons influencing the urinary catheter market growth include the rising tumours in the urinary tract or reproductive organs, increased patients with UTIs and urethral obstructions, and the fast-expanding geriatric population. Additionally, the market for urinary catheters is driven by factors such as constantly expanding due to favourable reimbursement policies and increased consumer demand for cutting-edge urinary goods. On the downside, fewer people can now afford them. This price increase has negatively influenced the demand for urinary catheters as a whole. Regardless, as more medical procedures are performed worldwide, urinary catheters are becoming more and more necessary. Thus, providing continuous opportunities to market players.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of urinary catheters. The growth and trends of urinary catheters industry provide a holistic approach to this study.
This section of the urinary catheters market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Intermittent Catheters
- Foley/ Indwelling Catheters
- External Catheters
- Benign Prostate Hyperplasia & Prostate Surgeries
- Urinary Incontinence
- Spinal Cord Injury
- Coated Catheters
- Uncoated Catheters
- Long-Term Care Facilities
This section covers the regional outlook, which accentuates current and future demand for the Urinary Catheters market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Urinary Catheters Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the urinary catheters market include Hollister Inc., Medtronic PLC, Boston Scientific Corp., BD (C.R. Bard Inc.), Cook Medical, ConvaTec Inc., Teleflex Inc., Coloplast, B. Braun Melsungen AG, Medline Industries Inc., J and M Urinary Catheters LLC. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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