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.)

Urinary Catheters Market Snapshot:

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.
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.

Urinary dysfunction can arise as clinical manifestation 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. For instance, according to a report published in Urology Trends and Advances, Urinary Tract Infections and Urinary dysfunctions are among the most common health issues faced in the United States. The prevalence in women over 65  is approximated to 20%, complimenting the 11% prevalence in the overall population.

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.

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. The organization states that approximately 11 million people visit medical care facilities with urinary disorders each year.

The intermittent type has significant advantages over other types that justifies the market dominance. They are preferred over the indwelling and external type of products as the former effectively mimics the normal bladder functioning, there is no permanent catheterization, and, most importantly, reduced risk of infections mediated through catheters. Further, these products require repeated catheterization at a frequency of 4-5 times a day, thus takes care of day-long discomfort and precautions.

Obtain Brochure For Latest Technology Advancements @ 
https://straitsresearch.com/report/urinary-catheters-market/request-sample

The Major Prominent 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
Bipolar Electrosurgery Instruments
Monopolar Electrosurgery Instruments
Consumables
Accessories

By Application
General Surgery
Dental Surgery
Gynecological Surgery
Urological Surgery
Ophthalmic Surgery
Orthopedic Surgery
Others

By End-User
Veterinary Hospitals
Veterinary Clinics
Others

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 2021-2029. 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 this report with a detailed description and TOC @ https://straitsresearch.com/report/urinary-catheters-market/toc

Coated Catheters Solve Discomfort and Side Effects Associated with Urinary Cathter Devices - Coated catheters hold a dominating market share to their name and are expected to continue their dominance during the forecast period. This is primarily because these catheters were designed to address a number of factors of discomfort and side effects associated with these devices' use. For example, coated catheters are designed to improve catheter lubrication and ease of insertion, which plays a significant role in reducing trauma and urinary tract infections. Further, one of the most common coatings used in these catheters is a hydrophilic coating. Research evidence has shown that single-use hydrophilic coated catheters can prevent some common catheter-associated complications, such as urethral trauma, catheter-associated infections, and others. According to the CDC, about75% of urinary tract infections are initiated through urinary catheters. Thus, these catheters are experiencing significant adoption in the market.

Increasing Incidences of Incontinence - The urinary incontinence segment dominates the urinary catheters market within the application segment. Further, during the forecast period, the segment is also expected to witness the highest CAGR. The impressive growth of this segment can primarily be attributed to the increasing incidence of urinary incontinence. Additionally, the growing geriatric population and the rising incidence of obesity are the two significant factors contributing cumulatively to the market segment. For instance, as reported by the Centers for Disease Control and Prevention (CDC), the prevalence of obesity was estimated to be around 42.4% in 2018.

Moreover, the spinal cord injuries segment presently shows massive potential to attract significant market share. Patients with mild to severe spinal cord injuries (SCIs) are often diagnosed with an inability to urinate, supported, and relieved with intermittent catheters. Thus, the rise in the incidence of spinal cord injuries has led to an increase in the adoption of catheters; primarily, intermittent catheters, driving the segment’s growth. For instance, the National Spinal cord Injury Statistical Center, the U.S., estimates that there are approximately 54 cases per one million people in the United States, and around 17,700 new SCI cases each year.

Key Questions Answered in The Report:
What will the Urinary Catheters market growth rate?
What are the key factors driving the global Urinary Catheters market?
Who are the key manufacturers in the Urinary Catheters market space?
What are the market opportunities, market risk, and market overview of the Urinary Catheters market?
What are sales, revenue, and price analysis of top manufacturers of the Urinary Catheters market?
Who are the distributors, traders, and dealers of the Urinary Catheters market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Urinary Catheters Industry?
What are sales, revenue, and price analysis by regions of Urinary Catheters industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

Key Urinary Catheters Market Trends:
- The report identifies, determines, and forecasts the Global Urinary Catheters Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Urinary Catheters Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Urinary Catheters Market.

Browse Full Report @ 
https://straitsresearch.com/report/urinary-catheters-market/

Even if your business is a multinational venture or a single storefront, we believe innovation is the key to progress, in both what you build and how you promote your products and brands.

Buy Full Report with Detail Analysis with COVID-19 Impact – https://straitsresearch.com/buy-now/urinary-catheters-market/

So let's put our minds together. We'll make your vision a reality and help you grow.

For more details, please contact us -
Straits Research
Email: sales@straitsresearch.com
Address: 825 3rd Avenue, New York, NY 10022
Tel: +1 646 480 7505, +44 208 068 9665
Website: https://straitsresearch.com/

About Us:
Regardless of whether you're looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with what customers purchase. We overcome the issues of our customers by recognizing and deciphering just the target group, while simultaneously generating leads with the highest precision. We seek to collaborate with our customers to deliver a broad spectrum of results through a blend of market and business research approaches. This approach of using various research and analysis strategies enables us to determine greater insights by eliminating the research costs.

This release was published on openPR.