Press release
Urinary Incontinence Devices Market 2020 Growth Projection by Leading Players: Medtronic, Teleflex Incorporated, Ethicon USA, LLC, C. R. Bard, B. Braun Melsungen AG, Boston Scientific Corporation, Coloplast A/S, Atlantic Therapeutics, ZSI, Zephyr Surgical
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Urinary Incontinence Devices Market 2020 Global Industry Analysis to 2026 is latest report on "Global Urinary Incontinence Devices Market", published by Fortune Business Insights. According to report Urinary Incontinence Devices Market to rise at healthy CAGR and Reach remarkable value by 2026. Geographically, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Some of the major companies operating in the global Urinary Incontinence Devices market are Medtronic, Teleflex Incorporated, Ethicon USA, LLC, C. R. Bard, B. Braun Melsungen AG, Boston Scientific Corporation, Coloplast A/S, Atlantic Therapeutics, ZSI, Zephyr Surgical Implants, ConvaTec Group PLC, KCWW, Flexicare Medical Limited, InControl Medical, LLC, and Hollister Incorporated.
Global Urinary Incontinence Devices Market Highlights:
World Health Organization states that, urinary incontinence is majorly reported among geriatric population (above 60 years). This is expected to fuel the demand for urinary incontinent treatment in elderly. The report classifies the global market in various segments.
Rapid technological advancements in the urinary incontinence devices is likely to fuel the demand in global market. For instance, Boston Scientific Corporation introduced AdVance XP Male Sling System in 2019. The device is developed to serve patients suffering from urinary incontinence.
Urinary Incontinence Devices Market Segment Analysis:
Urinary Incontinence Devices Market Size, Share and Global Trend By Product (Urethral Inserts, Pessary, Male Slings, Female Slings, Artificial Urinary Sphincters, Electrical Stimulation Devices), By Type (Stress Incontinence, Urge Incontinence, Overflow Incontinence, Mixed Incontinence), By Patient (Male and Female), By End User (Clinics, Hospitals, Ambulatory Surgery Centres, Home Care Settings) and Geography Forecast till 2026
Urinary Incontinence Devices Market Regional Insights:
According to the report, the market is expected to witness high demand from North America. The region is also expected to witness promising growth over the forecast period 2018-2025. The presence of favorable reimbursement policies and well established healthcare facilities is the key factor anticipated to boost the North America market. Additionally, fast adoption of advanced devices to treat urinary incontinence in nations such as the U.S. and Canada is likely to propel the growth in market.
The urinary incontinence devices market in Europe is foreseen to expand during the forecast period. Increasing incidence of urinary incontinence in the region would promote rapid adoption of urinary incontinence medication and treatment. Besides this, the Asia Pacific urinary incontinence devices market is likely to witness fastest growth. Large patient pool and increasing medical tourism in the region is likely to propel growth.
Urinary Incontinence Devices Market Growth And Restraints Analysis:
According to the Health and Human Services, due to childbirth, pregnancy, and menopause aged women are more prone to urinary incontinence. Therefore, increasing women population is expected to contribute towards the market expansion.
Rising incidence of diseases such as Parkinson, arthritis, and others and rising global prevalence of urinary incontinence are some factors expected to drive the market. Hence, as per the British Journal of Urology International, worldwide the global prevalence of urinary incontinence has increased by 22% between 2008 and 2018. The percentage accounts for 423 Mn patients in total.
On the flip side, the risk of urine leakage due to device failure and the high cost associated with device are a few factors that may hamper the growth in the global market.
Urinary Incontinence Devices Market Report Covers Major Insights:
Key drivers, restraints, and prevailing Urinary Incontinence Devices Market trends
Urinary Incontinence Devices Market size, growth rate, and opportunities
Urinary Incontinence Devices Market share and position of the top players
PEST Analysis of the five major regions
Detailed SWOT analysis of top companies
Recent developments and new product launches
Major challenges faced by the market players
Urinary Incontinence Devices Market report also include data type such as capacity, production, market share, price, growth rate, consumption, import, export etc. Industry chain, manufacturing process, cost structure, marketing channel are also analysed in this report.
Market Segment by Regional Analysis covers:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
The global Urinary Incontinence Devices market is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2024. In 2020, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Table of Contents
1 Market Overview
1.1 Urinary Incontinence Devices Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.4 South America, Middle East and Africa
1.5 Market Dynamics
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