Market Brief
The Urinary Catheters Market Insights by Product (Intermittent Catheters, Indwelling Catheters), Type (Coated
Catheters & Uncoated Catheters), Gender (Male Urinary Catheters),
Indication (General Surgery), End User- Forecast till 2032
Market Research Future
(MRFR) states that the urinary catheters market is anticipated to grow with a
CAGR of 5.1% during 2023-2032 and surpass a market valuation of USD 2.4 billion
by 2032.
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 trend, 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
trends 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 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
trend 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.
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customers to unravel the complexity of various industries through our Cooked
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market research and intelligence services to our clients.
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