Press release
Urinary Self-Catheters Market Value to grasp $2.38 billion by 2023, at CAGR of 4.1% | ConvaTec, Hollister, Inc.
Urinary Self-Catheter Market
The global urinary self-catheters market garnered $1.72 billion in 2018, and is estimated to reach $2.38 billion by 2026, growing at a CAGR of 4.1% from 2019 to 2026.
Download Detailed COVID-19 Impact Sample Report at @ https://www.alliedmarketresearch.com/request-for-customization/2768?reqfor=covid
COVID-19 scenario-
1) Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on essential medical devices production including ventilators and diagnostics.
2) However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of devices in certain locations.
3) Food and Drugs Administration (FDA), on the other hand, shared a COVID-19 guidance with medical device manufacturers to notify the agency about changes that could affect availability of their products.
However, lack of awareness regarding utilization of self-catheters and availability of alternatives restrain the market growth. On the other hand, innovations in urinary catheters and untapped potential in emerging countries present new opportunities in the market.
Download Report Sample @ https://www.alliedmarketresearch.com/request-sample/2768
Intermittent catheters segment to offer lucrative opportunities
Based on product type, the intermittent catheters segment held the major market share in 2018, accounting for more than four-fifths of the total share, and is estimated to continue to dominate during the forecast period. Moreover, this segment is expected to grow at the highest CAGR of 4.3% from 2019 to 2026. This segment offers lucrative opportunities due to increase in adoption, wide availability at affordable prices, and surge in number of target population. The report also offers a detailed analysis of external catheters.
Spinal cord injuries segment to maintain its dominant position by 2026
On the basis of applications, the spinal cord injuries segment accounted for nearly one-third of the total market share in terms of revenue in 2018 and will maintain its dominant position throughout the forecast period. This is due to rise in adoption of self-intermittent catheters and increase in number of spinal cord injuries. However, the benign prostate hyperplasia (BPH) segment is estimated to grow at the highest growth rate with a CAGR of 5.3% from 2019 to 2026. This is attributed to rise in prevalence of BPH, increase in adoption of intermittent catheter over the indwelling catheter, and surge in aging population. The research also analyzes urinary incontinence and other applications.
North America to maintain its leadership status throughout the forecast period
North America held the highest market share in 2018, accounting for more than two-fifths of the total share, and will maintain its leadership status throughout the forecast period. This is due to presence of advanced facilities for healthcare, skilled medical professionals, and key market players in the region. However, Asia-Pacific would register the largest growth rate with a CAGR of 5.6% from 2019 to 2026, owing to improvement in awareness regarding health, progressing healthcare infrastructure, and rise in the number of target population in the emerging countries.
To know more about the report, visit the website at @ https://www.alliedmarketresearch.com/urinary-self-catheter-market
The Major Key Players Are:
• Asid Bonz GmbH
• B Braun Melsungen AG
• Becton Dickson and Company (C.R. Bard)
• Boston Scientific Corporation
• Coloplast A/S
• ConvaTec
• Hollister, Inc.
• Medical Technologies of Georgia, Inc.
• Medtronic Plc.
• Teleflex Incorporated.
Similar Reports:
Apheresis Market : https://www.pharmiweb.com/press-release/2020-09-22/apheresis-market-size-to-grow-valuation-of-420-billion-by-2023
Ambulatory Blood Pressure Monitoring (ABPM) Devices Market : https://www.pharmiweb.com/press-release/2020-09-22/ambulatory-blood-pressure-monitoring-abpm-devices-market-to-reach-usd-142-million-globally-by-20
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
About Us:
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Urinary Self-Catheters Market Value to grasp $2.38 billion by 2023, at CAGR of 4.1% | ConvaTec, Hollister, Inc. here
News-ID: 2254545 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Urinary
Emerging Urinary Incontinence Market Trend 2025-2034: Pioneering Patient Care Wi …
How Is the Urinary Incontinence Market Projected to Grow, and What Is Its Market Size?
The market for urinary incontinence has witnessed significant expansion in the recent past. It is forecasted to progress from a valuation of $12.52 billion in 2024 to an estimated worth of $13.37 billion in 2025, predicting a Compound Annual Growth Rate (CAGR) of 6.8%. Factors that contributed to this growth during the historical period include a…
Urinary Drainage Bags Market Is Driven By Urinary Drainage Bags In Various Indus …
The Urinary Drainage Bags Market has experienced substantial growth in recent years, driven by a combination of factors, including the increasing elderly population, a higher prevalence of urinary incontinence, and a growing emphasis on patient care and comfort. Urinary drainage bags are essential medical devices used for the collection and management of urine in individuals with various medical conditions, such as those recovering from surgery, dealing with urinary retention, or…
Urinary Catheters Market - Urinary Catheters: Innovations Transforming Comfort a …
Newark, New Castle, USA: The "Urinary Catheters Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Urinary Catheters Market: https://www.growthplusreports.com/report/urinary-catheters-market/8720
This latest report researches the industry structure, sales, revenue,…
Urinary Stents Market - Unleash the Power of Urinary Stents: Elevate Your Urolog …
Newark, New Castle, USA: The "Urinary Stents Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Urinary Stents Market: https://www.growthplusreports.com/report/urinary-stents-market/8681
This latest report researches the industry structure, sales, revenue,…
Urinary Catheters Market: The ins and Outs of Urinary Catheters with Region Wise …
Allied Market Research recently said Urinary catheters are a medical device used to drain urine from the bladder when a patient is unable to do so on their own. They are commonly used in hospitals and long-term care facilities, as well as for individuals with certain medical conditions. Urinary catheters come in a variety of types, including indwelling catheters, which remain in the bladder for an extended period of time,…
Urinary Incontinence Market: New research activities show links between urinary …
The prevalence of urinary incontinence has affected a majority of population and the possibility of this condition increases with age. Majority of old adults and women have been facing the issue and availing treatments to improve quality of lives. Research activities found the connection between urinary incontinence and other health conditions such as mental health and falls. After conducting different research activities, new findings have emerged. Researchers suggested doctors to…
