Urinary Catheters Market Size to Reach over $2.5 Billion by 2020 – Arizton

The global urinary catheters market is expected to grow at a CAGR of over 5% during the period 2019–2025. This market research report includes data-driven and deep market insights on the impact of COVID-19 across geographies, segments, and vendor landscape. Leverage Arizton's market analysis to take real-time strategic business decisions and enhance your product portfolios.

The market is growing due to the increasing, elderly population, that increases the urinary incontinence, retention, and other urinary bladder disorder, is leading to rising adoption of urinary catheters worldwide. This increasing hospital admission due to surgery or any accidents, SCI, and other medical reason is driving the usage of urinary catheter in the global market.

Arizton’s latest market research report considers the present scenario of the urinary catheters market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.

Urinary Catheters Market – Dynamics

Here are list of trends and drivers that are impacting the revenues and profitability in the urinary catheters market:
• Technological improvements in terms of catheter design and biocompatible material usage
• High growth potential of condom/male external catheters
• Advent of female external catheters
• Rising prevalence of target patients with urinary incontinence & urine retention coupled with elderly population
• High demand for anti-microbial coated urinary catheters
• Increasing availability of new & advanced urinary catheters

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Urinary Catheters Market – Segmentation

This research report includes a detailed segmentation by product, gender, end-user, application, coating, and geography.
• Intermittent catheters are witnessing increasing popularity as they are less prone to acquire CAUTI, hence expected to grow during the forecast period. These devices offer ease of handling and are low cost than other products. North America dominated the segment due to significant investment in R&D and advanced product launches and development.
• The male segment is expected to grow at a significant CAGR of over 5%. This growth can be attributed to the increasing prevalence of urinary disease and BPH in the male patient population. The female elderly patient population with severe conditions due to menopause and other hormonal changes results in loosing of pelvic muscles, thereby causing urine leakage.
• In 2019, the urinary incontinence segment accounted for 45% market share, and it is dominating the market. The incidence of kidney stones is globally increasing, with an estimated prevalence ranging up to 15%.

By Product
• Intermittent
• Indwelling
• External
By End-user
• Hospitals
• Long-term Care Facilities
• Home Healthcare Settings
• Others
By Gender
• Male
• Female
By Application
• Urinary Incontinence
• Urinary Blockage
• Spinal Cord Injury
• Others
By Coating
• Coated
• Uncoated

Urinary Catheters Market – Geography

North America occupied a majority of the global urinary catheters market share in 2019, and the region is expected to continue its dominance during the forecast period, without significant fluctuations. It is witnessing significant new product approvals from key market players. Vendors are offering advanced devices, which are safe, durable, and have a low propensity for CAUTI, thereby boosting the urinary catheters market growth.

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By Geography
• North America
o US
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
• APAC
o China
o Japan
o Australia
o India
o South Korea
• Middle East & Africa
o South Africa
o Saudi Arabia
o Turkey
• Latin America
o Brazil
o Mexico

Major Vendors
• Coloplast
• Braun Melsungen
• BD
• Cardinal Health
• Hollister
• Teleflex

Other Prominent Vendors
• Adapta Medical
• Amecath Medical Technologies
• ASID BONZ
• Bactiguard
• Convatec Group Plc.
• Cook Medical
• Cure Medical
• Degania Silicone
• Dynarex
• Hunter Urology
• Medical Technologies of Georgia
• Ningbo Greetmed Medical Instruments
• Pennine Healthcare
• pfm medical
• Romsons
• Tenko Group
• TROGE MEDICAL
• UROMED Kurt Drews
• UROTECH
• Van Oostveen Medical

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About Arizton Advisory & Intelligence

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
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