Press release
Urinary Catheters Market Size Crossed USD 2.5 Billion in 2020 – Arizton
The global urinary catheters market is expected to grow at a CAGR of over 5% during the period 2019–2025.Urinary Catheters Market – Geographical Analysis
North America is growing at a rapid rate due to the preference for advanced urinary catheters to prevent infections and other complications. North America occupied a major share in the urinary catheters market, and the region is expected to show a similar trend over the forecast period, without significant fluctuations. A large number of catheter-based clinical trial studies involve major hospital chains and research centers, in collaboration with multinational companies, such as the University of Rochester Medical Center, Massachusetts General Hospital Boston, and others. Moreover, the senior population in the region is more likely to develop BPH among senior males and menopause and loss of pelvic muscle control among elderly women. These conditions might lead to urinary incontinence, which increases the usage of urinary catheters for easy drainage of urine.
Urinary Catheters Market – Growth Analysis
The global urinary catheter market is expected to grow with an absolute over 39% rate during the forecast period. The market is thriving due to rising cases of urinary incontinence, retention, and other urinary bladder disorders among the growing elderly population, leading to widespread adoption of urinary catheters worldwide. The sheer number of hospital admissions due to surgery, accidents, SCIs, and other medical reasons is also driving the usage of urinary catheters throughout the global landscape. Urinary catheters are extensively used in emergency healthcare services to treat accidents and trauma cases. According to the World Health Organization (WHO), about 1.25 million people die due to road accidents every year. Of the total number of road accidents, about 90% are fatal, with most of them occurring in low- and middle-income countries. Urinary catheters are necessary among such severe cases wherein patients are unable to move and require medical assistance in all their daily activities. In some accidents, there are chances of SCI, which could affect the nerves and lead to a loss of bladder control. For road accidents and burn cases in emergency departments or ICUs, patients become critically ill and are guided with urinary catheters to avoid leakage and provide comfort with uninterrupted urine discharge. According to the WHO, burn cases account for 180,000 deaths globally. These incidences are contributing to the growth of the global urinary catheter market.
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The following factors are likely to contribute to the growth of the urinary catheters market during the forecast period:
• Improved Catheter Design and Use of Biocompatible Material
• High Growth Potential of Condom/Male External Catheters
• Growing Demand for Self-Catherization using Intermittent Urinary Catheters
Base Year: 2019
Forecast Year: 2020–2025
The study 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 – Vendor Profiles
Prominent Vendors
• Coloplast
• Braun Melsungen
• BD
• Cardinal Health
• Hollister
• Teleflex
Other Prominent Vendors
• Adapta Medical
• Amecath Medical Technologies
• ASID BONZ
• Bactiguard
• ConvaTec
• 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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Urinary Catheters Market – Segmentation
Urinary Catheters Market by Product
• Intermittent
• Indwelling
• External
Urinary Catheters Market by End-user
• Hospitals
• Long-term Care Facilities
• Home Healthcare Settings
• Others
Urinary Catheters Market by Gender
• Male
• Female
Urinary Catheters Market by Application
• Urinary Incontinence
• Urinary Blockage
• Spiral Cord Injury
• Others
Urinary Catheters Market by Coating
• Coated
• Uncoated
Urinary Catheters Market by Geography
• North America
• US
• Canada
• Europe
• UK
• Germany
• France
• Italy
• Spain
• APAC
• China
• Japan
• Australia
• India
• South Korea
• Middle East & Africa
• South Africa
• Saudi Arabia
• Turkey
• Latin America
• Brazil
• Mexico
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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.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-235-2040/+1 302 469 0707
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