Market Brief
Market Research Future
(MRFR) states that the urinary catheters market
research report is anticipated to grow with a CAGR of 7.8%
during the forecast period 2022-2030.
A catheter is reputed medical device that is nothing by a thin tube, made of medical graded material. It allows delivery of substances like medicines, fluids, and others into the body or drain out urine form the body. This situation is common in case of surgeries and post-surgery. Hence, catheter finds numerous applications in such clinical conditions. Owing to the sedentary lifestyle, an increase in the number of people suffering from malicious diseases is observed. This in-turn is contributing to the growing number of surgeries. Additionally, the rise in geriatric population and the surge in number of patients suffering from urinary infection are prompting the use of catheters. Different types of catheters are also available for its intended purpose. MRFR identified these causes to shoot up the growth curve of the global urinary catheter market. However, complications like, risk of infection due to catheter can impede the market growth.
Segmental Analysis
The indispensable
insights of the global urinary catheters market, derived from its segmental
analysis, helps in the identification of new growth windows for the market to
proliferate. The urinary catheters market study has been segmented into type,
gender, indication, end-use, and product.
Based on the type, the
urinary catheters market has been segmented into uncoated and coated catheters.
Based on the gender, the
urinary catheters market has been segmented into female and male catheters.
Based on the indication, the urinary catheters market report has been segmented into
spinal cord injuries,
urinary incontinence, general surgery,
and benign prostatic hyperplasia.
On the basis of end use, the urinary catheters market has been segmented into
research organization and academic institutes, hospitals and clinics,
and others.
On the basis of product, the urinary catheters market has been segmented into external catheters, indwelling
catheters, and intermittent catheters.
Key Players
ConvaTec Group PLC, Werkomed Pty Ltd, Hollister Incorporated,
Wellspect Healthcare, Bactiguard Holding, Rochester Medical Corporation , B.
Braun Melsungen AG, Terumo Europe NV,
Coloplast A/S, DISA Vascular, Teleflex, Medtronic, C.R. Bard, Inc., Cook
Medical, Boston Scientific Corporation, Medloyd Healthcare, and others.
Regional Insights
The regional analysis of the urinary
catheters market gives a compendious understanding of the demographic progress
of the market. Based on the region, the market study has been covered North
America, Latin America, Europe, Asia Pacific, and the Middle East &
Africa.
MRFR forecasts North and Latin America to
lead the urinary catheters market during the assessment period. The region is
graining traction for hefty funding for research and developmental activities
form both government and commercial sectors. This is accounted as a
contributing factor to the regional market proliferation.
Europe is accounted to secure the
position of the second largest urinary catheters market. The presence of
influential academic and research institutes and availability of funding for
developmental studies are factors expected to spur the European urinary
catheters market growth.
Asia Pacific is likely to witness the
fastest urinary catheters market growth rate. As per the World Health
Organization (WHO) report, about 600 million people, around the world, are
deprived of safe drinking water. The lack of safe drinking water are rising the
bar, of people suffering and prone to urological disorders. This is increasing
the demand for urinary catheters, to deliver better treatment. Additionally,
rapid urbanization, increase in medical expenditure, and updated medical
practices are fostering the urinary catheters market growth. Governments and
NGOs have a pivotal role in surging the market growth. The awareness camps and
funding for research and developmental activities by these organizations are
likely to fuel the urinary catheters market growth.
The Middle East Asia and Africa envisaged
to hold the least urinary catheters market share. However, the increase in the
government initiatives to develop better healthcare facilities is expected to
boost the market growth in the region.
At Market Research Future (MRFR), we enable our
customers to unravel the complexity of various industries through our Cooked
Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting
Services. MRFR team have supreme objective to provide the optimum quality
market research and intelligence services to our clients.
Contact us:
Market Research Future (part of Wantstats Research
and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Email: sales@marketresearchfuture.com
0 Comments