Urinary Catheters Market Analysis and Insights 2021, Size, Scope, Growth Factors, Business Revenues Till 2028 | Key Players: Hollister Incorporated, Medtronic plc, Cook Medical, Teleflex Incorporation.

The rising prevalence of urinary incontinence, the number of surgical procedures performed around the world, the high incidence of prostate cancer, and the favorable reimbursement scenario are all contributing to the market's development. However, the availability of alternative urinary incontinence treatment options could limit market growth to some degree.

Some of the main factors driving market growth include a rise in the number of patients suffering from Urinary Tract Infections (UTIs) and urethral blockages, increasing cases of tumors in the urinary tract or reproductive organs, and the rapidly growing geriatric population. A urinary catheter is a semi-flexible tube that is used to remove urine from the bladder. Plastic, rubber, and silicon are among the materials used in the manufacture of these catheters. In the case of urinary incontinence (UI), urinary retention, prostate surgery, or other medical problems including spinal cord injury, multiple sclerosis, or dementia, doctors suggest urinary catheters.

Emerging economies (such as China, India, South Korea, Brazil, and Mexico) give global market players significant growth opportunities. Low regulatory barriers, changes in healthcare facilities, an increasing patient population, and rising healthcare expenditures all contribute to this. In comparison to developed countries, regulatory policies in Asia Pacific are more adaptable and business-friendly. Due to increased competition in mature markets, key players in the urinary catheters market have shifted their attention to emerging markets.

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Growth Drivers that Support the Global Urinary Catheters Market:

• North America dominated the market in 2020, accounting for major share, and is projected to continue to expand rapidly in the future. This increase can be attributed to the understanding of urinary tract infections, the prevalence of well-established healthcare facilities, and the availability of highly qualified doctors in the region.

• North America's demand is rising due to factors such as a high prevalence of diseases, a growing geriatric population, the availability of advanced interventional products (including urinary catheters), and an increase in surgical procedures performed in the area.

• The increasing incidence of targeted diseases such as urinary retention, bladder obstruction, UI, BPH, and bladder cancers is also driving the regional market.

• From 2021 to 2028, Asia Pacific is forecast to have the highest CAGR. The rising prevalence of BPH, spinal cord injury, and urinary tract infection (UTI) in the area is driving product demand. One of the most common infectious diseases in this area is urinary tract infection (UTI). It is linked to high rates of morbidity and mortality, particularly in hospitals, and places a major financial burden on the community.

Companies are keen to expand their Influence in the Global Urinary Catheters market

• Hollister Inc. introduced the Infyna Chic intermittent catheter for female hydrophilic catheters in 2019.

• B. Braun opened five new medical manufacturing facilities in Penang, Malaysia, in April 2018, and a subsidiary in Zambia in 2017.

• CATHETRIX, a manufacturer of urinary (Foley) smart catheter fixations, collaborated with Pro-Lab Diagnostics to distribute CATHETRIXs revolutionary FoleySafe catheter securement system in Canada, the United States, and the United Kingdom in November 2019.

• Bactiguard's indwelling urinary catheters (Foleys) were approved for reimbursement in the Netherlands in September 2019.

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Major companies functioning in the global Urinary Catheters Market are Coloplast A/S, B. Braun Melsungen AG, C.R. Bard, Inc., Medtronic plc, Teleflex Incorporation, Hollister Incorporated, Cook Medical.

Market Segmentation:
By Product:
• Intermittent
• Foley
By Type:
• Coated
• Uncoated
By Indication:
• Urinary Incontinence
• Benign Prostate Hyperplasia
• Bladder Dysfunction
• Spinal Cord Injury
By Gender:
• Male
• FemaleBy
End-User:
• Hospitals
• Long-Term Care Facilities
• Others
By Region:
• North America
◦ North America, by Country
▪ US
▪ Canada
▪ Mexico
◦ North America, by Product
◦ North America, by Type
◦ North America, by Indication
◦ North America, by Gender
◦ North America, by End-User
• Western Europe
◦ Western Europe, by Country
▪ Germany
▪ UK
▪ France
▪ Italy
▪ Spain
▪ The Netherlands
▪ Rest of Western Europe
◦ Western Europe, by Product
◦ Western Europe, by Type
◦ Western Europe, by Indication
◦ Western Europe, by Gender
◦ Western Europe, by End-User
• Asia Pacific
◦ Asia Pacific, by Country
▪ China
▪ India
▪ Japan
▪ South Korea
▪ Australia
▪ Indonesia
▪ Rest of Asia Pacific
◦ Asia Pacific, by Product
◦ Asia Pacific, by Type
◦ Asia Pacific, by Indication
◦ Asia Pacific, by Gender
◦ Asia Pacific, by End-User
• Eastern Europe
◦ Eastern Europe, by Country
▪ Russia
▪ Turkey
▪ Rest of Eastern Europe
◦ Eastern Europe, by Product
◦ Eastern Europe, by Type
◦ Eastern Europe, by Indication
◦ Eastern Europe, by Gender
◦ Eastern Europe, by End-User
• Middle East
◦ Middle East, by Country
▪ UAE
▪ Saudi Arabia
▪ Qatar
▪ Iran
▪ Rest of Middle East
◦ Middle East, by Product
◦ Middle East, by Type
◦ Middle East, by Indication
◦ Middle East, by Gender
◦ Middle East, by End-User
• Rest of the World
◦ Rest of the World, by Country
▪ South America
▪ Africa
◦ Rest of the World, by Product
◦ Rest of the World, by Type
◦ Rest of the World, by Indication
◦ Rest of the World, by Gender
◦ Rest of the World, by End-User

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