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Intermittent Catheters Market Expected To Reach $2, 950.7 Million With a CAGR of 8.7% By 2023 | Top Key Players Adapta Medical, B. Braun Melsungen AG, Becton Dickinson Company, Coloplast A/S

02-25-2019 09:33 AM CET | Health & Medicine

Press release from: Big Market Research

Intermittent Catheters

Intermittent Catheters

The global intermittent catheters market was valued at $1, 655.5 million in 2016, and is expected to reach $2, 950.7 million by 2023 with a CAGR of 8.7% during the forecast period. Intermittent catheter is a disposable medical device, which is used to drain the urinary bladder when an individual is unable to do it naturally. Intermittent catheter consists of a drainage bag that assists to capture the urine. These catheters are composed of silicone, PVC, or vinyl or red rubber latex.

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The growth of the intermittent catheters market is driven by increase in incidence of urinary incontinence coupled with rise in geriatric population and surge in need for minimally invasive surgeries. In addition, increase in preference of hydrophilic intermittent catheters is expected to supplement the market growth. However, the availability of substitutes of intermittent catheters and lack of awareness towards novel intermittent catheters impede the market growth. On the contrary, innovations in catheters and novel product launches are anticipated to provide lucrative opportunities for the market expansion.

The global intermittent catheters market is segmented based on product, indication, category, end user, and region. On the basis of product, the market is bifurcated into uncoated intermittent catheters and coated intermittent catheters. Coated intermittent catheters are further classified into antimicrobial, hydrophilic, and others.

Based on indication, the market is categorized into urinary incontinence, spinal cord injuries, general surgery, and others. By category, it is divided into female length catheter, male length catheters, and kid length catheter. Depending on end user, it is fragmented into hospitals, ambulatory surgical centers, and medical research centers. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS
• The study provides an in-depth analysis of the global intermittent catheters market with current trends and future estimations to elucidate the imminent investment pockets.

• Comprehensive analysis of factors that drive and restrict the market growth is provided.

• Comprehensive quantitative analysis of the industry from 2016 to 2023 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.

• Extensive analysis of the key segments of the industry helps to understand the products and technologies used globally.

• Key market players and their strategies are provided to understand the competitive outlook of the market

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TOP KEY PLAYERS @ Adapta Medical, B. Braun Melsungen AG, Becton Dickinson Company, Coloplast A/S, ConvaTec Healthcare B S.à.r.l, Cure Medical, Hollister Inc., Medical Technologies of Georgia Inc., Pennine Healthcare, Teleflex Incorporated

KEY MARKET SEGMENTS
By Product
• Uncoated Intermittent Catheters
• Coated Intermittent Catheters
o Hydrophilic
o Antimicrobial
o Others

By Indication
• Urinary Incontinence
• Spinal Cord Injuries
• General Surgery
• Others

By Category
• Female Length Catheter
• Male Length Catheters
• Kid Length Catheter

By End User
• Hospitals
• Ambulatory Surgical Centers
• Medical Research Centers

By Region
• North America
• Europe
• Asia-Pacific
• LAMEA

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