Urinary Catheter Market | 2020 Global Market Growth, Size, Industry Outlook, Demand and Forecasts to 2026

The global urinary catheter market size is poised to touch USD 4.18 Billion by 2026, exhibiting a CAGR of 6.3% during the forecast period. Increasing prevalence of urinary continence is one of the key factors driving the growth of this market. Urinary incontinence refers to involuntary leakage of urine and is observed to be more prevalent in female as compared to the male population of the world.

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For example, the National Association for Incontinence reports that currently, one in four women over the age 18 experiences an episodes of leaking urine involuntarily. Since the prevalence is rising at a faster pace, the demand for urological catheters is likely to surge in the coming decade.

Leading Players operating in the Urinary Catheter Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

o B. Braun Melsungen AG
o Amsino International, Inc.
o Teleflex Incorporated
o ConvaTec Group PLC
o Coloplast A/S
o Boston Scientific Corporation
o Cook Medical Inc.
o BD
o Hollister Incorporated

Europe to Hold Leading Position; North America to Showcase High CAGR

With a revenue of generation of 1.08 billion in 2018, Europe is projected to dominate the global Urinary Catheter Market share till 2026. This is mainly because of high incidence of urinary disorders among the geriatric population in the region. Advancements in treating urological diseases will be the major factor driving the market in North America. In Asia-Pacific, the market will grow as a result of increasing awareness regarding urinary incontinence and its treatment. Africa, the Middle East, and Latin America will grow at a lower rate due to low awareness levels about urological disorders.

Market Segmentation:

By Product
o Indwelling Catheters
o Intermittent Catheters
o External Catheters
By Application
o Urinary Incontinence
o Benign Prostatic Hyperplasia
o Surgery
o Others
By Gender
o Female
o Male
By End User
o Hospitals
o Age Care Centers
o Others
By Geography
o North America (U.S. and Canada)
o Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
o Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
o Latin America (Brazil, Mexico, and Rest of Latin America)
o Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Reasons to Purchase this Report:

o Comprehensive analysis of the Urinary Catheter Market growth drivers, obstacles, opportunities, and other related challenges.
o Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
o Identifies market restraints and boosters.
o Identifies all the possible segments present in the market to aid organizations in strategic business planning.

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KEY QUESTIONS ANSWERED:

o What are the key technological and Urinary Catheter Market trends shaping the market?
o What are the key opportunities in the market?
o What are the key companies operating in the market?
o Which company accounted for the highest market share?
o Why Choose Fortune Business Insights?
o What is the market size and growth rate of the global and regional market by various segments?
o What is the market size and growth rate of the market for selective countries?
o Which region or sub-segment is expected to drive the market in the forecast period?
o What Factors are estimated to drive and restrain the Urinary Catheter Market growth?

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