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Urinary Catheters Market to Reach USD 4,811.0 Mn by 2025; Exclusive Report by The Insight Partners

Urinary Catheters Market, Urinary Catheters Market Size, Urinary Catheters Market Share, Urinary Catheters Market Demand
The growth of the urinary catheters market is attributed to the technological advancements in the urinary catheters and increasing prevalence of urinary incontinence. However, availability of alternatives for the treatment of urinary incontinence and high risk of urinary tract infection associated with the use of catheters are the major factor hindering the market growth.
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Based on application, the urinary catheters market is segmented into urinary incontinence, bladder dysfunction, benign prostate hyperplasia, and spinal cord injury.
The urinary incontinence segment held the largest market share in 2017, also the same segment is estimated to grow at the fastest rate during the forecast period. Rising incidences of urinary incontinence in the geriatric population offer lucrative opportunities for the growth of urinary incontinence segment.
Product-Based Insights
In terms of product, the urinary catheters market is segmented into intermittent, foley, catheters. In 2017, the intermittent segment held larger share of the market. Also, the same segment is estimated to grow at the fastest rate during the forecast period.
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Gender-Based Insights
In terms of gender, the urinary catheters market is segmented into male urinary catheters and female urinary catheters. In 2017, the male urinary catheters segment held larger share of the market. The same segment is expected to grow at the fastest rate during the forecast period.
End User-Based Insights
In terms of end user, the urinary catheters market is segmented into hospitals, long-term care facilities, and others. The hospitals segment held the largest share of the market in 2017. However, the long term care facilities segment is estimated to grow at the fastest rate during the forecast period.
The Urinary catheters market is expected to witness substantial growth post-pandemic. The COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The COVID-19 crisis has overburdened public health systems in many countries and highlighted the strong need for sustainable investment in health systems. As the COVID-19 pandemic progresses, the healthcare industry is expected to see a drop in growth. The life sciences segment thrives due to increased demand for invitro diagnostic products and rising research and development activities worldwide,
However, the medical technologies and imaging segment is witnessing drop in sales due to a smaller number of surgeries being carried out and delayed or prolonged equipment procurement.
Additionally, virtual consultations by healthcare professionals are expected to become the mainstream care delivery model post-pandemic. With telehealth transforming care delivery, digital health will continue to thrive in coming years.
In addition, disrupted clinical trials and the subsequent delay in drug launches is also expected to pave the way for entirely virtual trials in the future. New technologies such as mRNA is expected to emerge and shift the pharmaceutical industry and market is also expected to witness more vertical integration and joint ventures in coming years.
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List of Companies operating in this report are:
1. Boston Scientific Corporation
2. Medtronic
3. Urocare Products, Inc.
4. ConvaTec Inc.
5. Cure Medical, LLC
6. Medical Technologies of Georgia
7. Bactiguard
8. Braun Melsungen AG
9. Coloplast
10. Hollister Incorporated
The report segments urinary catheters market as follows:
By Product
Intermittent Catheter
Foley Catheter
By Application
Urinary Incontinence
Benign Prostate Hyperplasia
Bladder Dysfunction
Spinal Cord Injury
By Gender
Male Urinary Catheters
Female Urinary Catheters
By End- User
Hospitals
Long-Term Care Facilities
Others
Order a Copy of Urinary Catheters Market Share, Strategies and Forecasts 2017-2025 Research Report at: https://www.theinsightpartners.com/buy/TIPHE100000833/?utm_source=Openpr&utm_medium=10562
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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