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Urinary Catheters Market See Incredible Growth 2021-2028 | Braun Melsungen AG, Coloplast A/S, CR Bard Inc., Teleflex Inc.

12-01-2021 01:33 PM CET | Health & Medicine

Press release from: Coherent Market Insights

Urinary Catheters Market

Urinary Catheters Market

"Industry analysis is a crucial step in the current competitive market space that helps identify the right target customers and accordingly provide tailored solutions for their business needs. Every aspect and unique challenges put up by the particular industry are carefully taken into consideration while formulating these solutions. It also takes into consideration various government reforms, competitive environment, customer behavior, existing and upcoming business models, and ever-evolving technological developments. Industry analysis helps an organization formulate strategies and policies of a business."

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐–๐ข๐ญ๐ก ๐‚๐จ๐ฏ๐ข๐๐Ÿ๐Ÿ— ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.coherentmarketinsights.com/insight/request-sample/1198

People who have difficulty passing pee use a urinary catheter. Moreover, the usage of urinary catheters may result in urinary tract infections (UTIs). A catheter can be left in a place for an extended time or withdrawn after each usage.

The global urinary catheter market is expected to be worth US$ 2,247.6 million by 2027.

Global Urinary Catheter Market: Drivers

Growing number of orthopedic operations is expected to drive the global urinary catheter market growth over the forecast period. For instance, the American Academy of Orthopedic Surgeons reports that 1,432,491 knee and hip arthroplasty operations were conducted globally in 2018.

Global Urinary Catheter Market: Opportunities

Major market players can concentrate on creating catheters coated with glass to reduce urinary tract infections (UTIs) in hospitalized patients. The use of phosphate glass coated with zinc oxide in catheters can help to eliminate common germs.

Global Urinary Catheter Market: Restraints

The accessibility of reimbursement programs for the purchasing of disposable incontinence products is expected to impede the global urinary catheter market growth over the forecast period. For instance, users of Medicaid are entitled to full treatment of absorbent products.

Key Takeaways:

The global urinary catheter market's Urinary Incontinence segment in 2018 was worth US$ 418.6 Million and is expected to increase to US$ 590.4 Million by 2027 growing at a 3.9 % CAGR over the forecast period

Some of the primary factors contributing to the segment's growth are increased awareness of personal cleanliness and rising orthopedic operations.

In 2018, the Intermittent Catheter segment accounted for the largest share in the global urinary catheter market, representing 57.5 % of the market share, trailed by Indwelling Catheter. Increasing product approvals are the key factors contributing to the dominance of intermittent catheters over the forecast period. Growing product approvals are the key factors contributing to the domination of intermittent catheters over the forecast period.

Market Trends

The Startups are working to create technologically improved devices that can help minimize catheters infection.

For instance, NanoVibronix's UroShield is a compact external medical device aimed at preventing biofilm development and bacterial colonization on both suprapubic and urethral catheters.

Major universities and research institutions are working to create biomaterials that prevent germs from infecting medical equipment such as catheters. For instance, Nottingham University researchers in July 2019 reported the discovery of a Bactigon, a novel biomaterials family that has a significant influence on antimicrobial resistance (AMR).

Global Urinary Catheter Market: Competitive Landscape

Some of the key players contributing to the global urinary catheter market are Hollister Inc., Teleflex Inc., Coloplast A/S, Cook Medical, Medtronic, Hollister Inc., CR Bard Inc., Bactiguard, CATHETRIX, Boston Scientific Corp., and B. Braun Melsungen AG.

Global Urinary Catheter Market: Key Developments

Major market players are focusing on the approval and introduction of new goods in order to increase their product range. for instance, Hollister Incorporated obtained a 2019 Innovative Technology designation from Vizient, Inc. in July 2019 for their VaPro No Touch Intermittent Catheter - a urinary catheter.

Major Market players are also focusing on partnership approaches to increase their market share. For instance, Mediplus, a supplier of urology and other specialties in February 2019 collaborated with PSS Urology, a urological surgical devices supplier, to distribute their S-CathTM System, a suprapubic catheterization kit.

Segmentation

Scope of the report

Urinary Catheter Market, By Product Type:

Intermittent Catheter

Indwelling (Foley) Catheter

External Catheter

Urinary Catheter Market, By Application:

Urinary Incontinence

Urinary Retention

Prostate Gland Surgeries

Spinal Cord Injuries

Others

Urinary Catheter Market, By Region:

North America

By Product Type:

Intermittent Catheter

Indwelling (Foley) Catheter

External Catheter

By Application

Urinary Incontinence

Urinary Retention

Prostate Gland Surgeries

Spinal Cord Injuries

Others

By Country:

U.S.

Canada

Latin America

By Product Type:

Intermittent Catheter

Indwelling (Foley) Catheter

External Catheter

By Application

Urinary Incontinence

Urinary Retention

Prostate Gland Surgeries

Spinal Cord Injuries

Others

By Country:

Brazil

Mexico

Argentina

Rest of Latin America

Europe

By Product Type:

Intermittent Catheter

Indwelling (Foley) Catheter

External Catheter

By Application

Urinary Incontinence

Urinary Retention

Prostate Gland Surgeries

Spinal Cord Injuries

Others

By Country:

Germany

U.K.

France

Italy

Spain

Russia

Rest of Europe

Asia Pacific

By Product Type:

Intermittent Catheter

Indwelling (Foley) Catheter

External Catheter

By Application

Urinary Incontinence

Urinary Retention

Prostate Gland Surgeries

Spinal Cord Injuries

Others

By Country:

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

By Product Type:

Intermittent Catheter

Indwelling (Foley) Catheter

External Catheter

By Application

Urinary Incontinence

Urinary Retention

Prostate Gland Surgeries

Spinal Cord Injuries

Others

By Country:

GCC

Israel

Rest of Middle East

Africa

By Product Type:

Intermittent Catheter

Indwelling (Foley) Catheter

External Catheter

By Application

Urinary Incontinence

Urinary Retention

Prostate Gland Surgeries

Spinal Cord Injuries

Others

By Country:

South Africa

Central Africa

North Africa

๐†๐ž๐ญ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐Ž๐Ÿ ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ƒ๐ข๐ซ๐ž๐œ๐ญ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐‡๐ž๐ซ๐ž: https://www.coherentmarketinsights.com/insight/buy-now/1198

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

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