Press release
Urinary Catheters Market by forecasting the high Growth Segments | Braun Melsungen AG (Germany), Boston Scientific Corporation (the U.S.), Coloplast Ltd. (Denmark), ConvaTec Inc. (the U.K.)
The global urinary catheters market was valued at USD 1792 million in 2019 and is expected to grow at a 4.1% CAGR during the forecast period.Urinary Catheters Market is predicted to expand rapidly altogether development areas over the forecast period between 2019 and 2026. Urinary Catheters Market report focuses on the main drivers and restraints for the key players and presents competition status with growth prospects. Urinary Catheters Market report is professional and in-depth research by experts on the present state of the Urinary Catheters Industry. Urinary Catheters marketing research report provides the most recent industry data and industry future trends, allowing you to spot the products and end users driving Revenue growth and profitability.
A urinary catheter is a hollow, flexible tube used to collect urine from the urinary bladder and drain it through the pipe to an attached drainage bag. Catheters are generally prescribed by doctors when a patient has urinary dysfunction and cannot urinate without support. Clinical complications arise as urinary dysfunction builds up pressure in the kidneys. This pressure can lead to permanent damage, such as kidney failure. Mostly, catheters are necessary until the patient regains the ability to urinate without support, usually a short period of time. However, elderly people, as well as patients suffering from a permanent renal injury or illness, may need to use urinary catheters for as long as a lifetime.
The market is experiencing growth due to the rising occurrence of diseases like urinary dysfunction, bladder obstruction, urinary retention, benign prostate hyperplasia (BPH), and bladder cancers. All of these conditions affect the urinary tract and therefore lead to urinary dysfunction. Additionally, neurological disorders, such as Parkinson’s disease, cerebral palsy, multiple sclerosis, spina bifida, and others leading to bladder dysfunction, also require catheter drainage. For instance, as per research published in the Asian Journal of urology, clinical benign prostatic hyperplasia (BPH) is one of the most common diseases among the aging population with a prevalence of BPH of 8%–60% at age 90 years.
Urinary dysfunction can arise as clinical manifestations of several diseases. Thus, quite naturally, with the rise of chronic lifestyle and other disorders, urinary dysfunction is rising. Further, prevalence rates are higher in the elderly population where these catheters are used to manage incontinence, which otherwise cannot be treated or managed with medicines or surgery. The prevalence of urinary incontinence is further expected to grow due to the increasing incidence of obesity.
An increasing number of people are seeking medical care and surgical procedures for urinary disorders like urinary tract infection, prostate cancer, and others across the globe. Furthermore, a favorable reimbursement scenario for urinary catheters in many regions is acting as a crucial growth driver for the urinary catheters market. For instance, according to the Urology Care Foundation, Urinary Tract Infections (UTIs)is a severe health condition that affects a considerable number of people.
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The Major Players Covered in this Report:
Braun Melsungen AG (Germany)
Boston Scientific Corporation (the U.S.)
Coloplast Ltd. (Denmark)
ConvaTec Inc. (the U.K.)
Becton, Dickinson and Company (the U.S.)
Cardinal Health (the U.S.)
Teleflex Incorporated (the U.S.)
Wellspect HealthCare (the U.S.)
Degania Silicone Ltd. (Israel)
Medical Technologies of Georgia (the U.S.)
ROCAMED (Monaco)
Well Lead Medical Co., Ltd. (China)
Go Medical Industries Pvt. Ltd. (Australia)
MANFRED SAUER GMBH (Germany)
Ribbel International Limited (India).
By Product
Indwelling Catheters
Intermittent Catheters
External Catheters
By Type
Coated Catheters
Uncoated Catheters
By Usage
Male Urinary Catheters
Female Urinary Catheters
By Application
Urinary Dysfunction
Spinal Cord Injury
General Surgery
Benign Prostatic Hyperplasia
Parkinson’s Disease
Other Applications
By End-User
Hospitals
Clinics
Long-Term Care Facilities
Other End Users
View this report with a detailed description and TOC @ https://straitsresearch.com/report/urinary-catheters-market/toc
Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Urinary Catheters in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Urinary Catheters market during the forecast period 2019-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Urinary Catheters and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Urinary Catheters. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.
View Full Report @
https://straitsresearch.com/report/urinary-catheters-market/global/
The report covers exhaustive analysis on:
Overview of the parent market
Global Urinary Catheters Market Segments, Dynamics, Market Size, Share, Price, Volume, and Cost
Historical, current and projected market size in terms of volume and value
Global Urinary Catheters Market Forecast 2019 to 2026
Supply & Demand Value Chain
Global Urinary Catheters Market dynamics, including the current trends/drivers/threats/restraints/challenges
Potential and niche segments/regions exhibiting promising growth
Market landscape, competition, and leading companies involved
Strategies of leading companies and product offerings
Technological advancements
Key questions answered in this report:
What will be the market size by the end of the forecast period?
What are the factors driving the growth of the market?
What are the trends and developments that are likely to drive the growth of the market?
Who are the key players operating in the market?
What are the challenges, threats, and opportunities faced by the leading players?
What are the strengths and weaknesses of the key players of the market?
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