Press release
Indwelling Catheters Market to touch US$ 13.5 Mn mark from 2022 to 2031
Indwelling Catheters Market 2022-2031
The Indwelling Catheters Market is expected to grow on a vigorous note shortly. Though telemedicine has turned out to be an easily accessible service, proper amalgamation with therapy decisions is of utmost importance. At-home lab tests are a good by-product of telehealth. Remote monitoring and diagnosis are cost-effective. It also saves on downtime. So, saving on time and investing in convenience would be one of the trends of the healthcare vertical in the years to come.
According to a recent study by Persistence Market Research, the global indwelling catheters market is anticipated to witness high growth at 6.4% CAGR and be valued at over US$ 13.5 Bn by 2031.
Request for Free Sample Report of "Indwelling Catheters" Market @ https://www.persistencemarketresearch.com/samples/32043
Demand for indwelling catheters is surging with increasing geriatric population. With increasing age, the immune system becomes weak and people become more prone to illnesses and suffer from different diseases such as cancer and kidney diseases.
According to Population Reference Bureau data of 2019, Japan, Italy, Greece, Portugal, and Germany are the top five countries with 28.2%, 22.8%, 21.8%, 21.8%, and 21.4%, respectively, of population over 65 years of age.
With ever-increasing number of hospitals and surgeries, sales of indwelling catheters are also increasing in parallel. This is mainly because during or post-surgical procedures, there is the need to drain urine and keep the bladder empty.
Also, demand for indwelling catheter increased during the COVID-19 pandemic. This is primarily due to the increased number of patients admitted in hospitals seeking treatment for COVID-19 and its associated diseases. Thus, there was a positive impact of COVID-19 on the demand for indwelling catheters.
Key Players:
The report has profiled some of the important players prevalent in the global like - Becton, Dickinson and Company, Coloplast, ConvaTec, Inc., Cardinal Health Inc., and Teleflex Incorporated and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Indwelling Catheters Market.
Key Takeaways from Market Study
By product, peripheral intravenous catheters hold 66% market share in 2021.
By material, tetrafluorethylene-hexafluoropropylene (Teflon) accounts for 49.8% market share, because of its less frictional property which helps in easy insertion.
By packaging, single strip packs of indwelling catheters account for 62.2% of the market share in 2021.
By end user, hospitals account for 52.2% market share in due to rising number of patient's getting admitted to hospitals.
By region, North America held the largest market share of 47.9% due to the presence of key players in the region.
"Rising prevalence of urinary incontinence and increasing surgical procedures expected to drive demand for indwelling catheters over the decade," says a Persistence Market Research analyst.
Some of the main manufacturers of indwelling catheters are focusing on product launches, collaborations and acquisitions to enhance their market presence.
In November 2016, Coloplast acquired Comfort Medical, a U.S. distributor of catheters and ostomy supplies.
In March 2021, ConvaTec, Inc. acquired Cure Medical, a manufacturer of intermittent catheters.
In May 2019, Cardinal Health Inc. launched its RADIAL 360 portfolio, including RBL-TG™, RBL-JK™, and SUPER TORQUE® PLUS diagnostic catheters.
Request For Customization @ https://www.persistencemarketresearch.com/request-customization/32043
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Indwelling Catheters Market Manufacturers
Indwelling Catheters Market Distributors/Traders/Wholesalers
Indwelling Catheters Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
If you have any special requirements, please let us know and we will offer you the report as you want.
Key Questions Answered in the Indwelling Catheters Market Report
How is the Indwelling Catheters Market expected to grow over the projected period?
What direction is the Indwelling Catheters Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Indwelling Catheters Market in future?
What are the key market drivers in the Indwelling Catheters Market?
What are significant opportunities and improvement areas for Indwelling Catheters Market manufacturers?
What are the key developments and trends taking over the Indwelling Catheters Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Indwelling Catheters Market?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
Click Here to Get this Report@ https://www.persistencemarketresearch.com/checkout/32043
Media Contact:
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com
About PersistenceMarketResearch:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against rep/uted organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Indwelling Catheters Market to touch US$ 13.5 Mn mark from 2022 to 2031 here
News-ID: 2586502 • Views: …
More Releases from Persistence Market Research
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for Indwelling
Indwelling Needle Market Size 2024 to 2031.
Market Overview and Report Coverage
An indwelling needle, also known as a cannula, is a flexible tube inserted into the body for administering medication, drawing blood, or providing IV fluids. These devices are commonly used in healthcare settings and are essential for delivering various treatments to patients.
The future outlook for the indwelling needle market is promising, with a projected growth rate of 5.10% during the forecasted period. This growth…
Indwelling Peritoneal Catheters Market Size 2024 to 2031.
Market Overview and Report Coverage
Indwelling peritoneal catheters are medical devices used to drain fluid from the abdominal cavity into an external collection bag. They are primarily used in the management of conditions such as ascites, which is the accumulation of fluid in the peritoneal cavity. These catheters are also utilized in continuous ambulatory peritoneal dialysis (CAPD) for patients with end-stage renal disease.
The global indwelling peritoneal catheters market is…
Indwelling Catheters Market Expected to grow USD 2391.22 million by 2029
INDWELLING CATHETERS MARKET SCENARIO
During the projected period of 2021 to 2028, the market for indwelling catheters is anticipated to increase. During the aforementioned forecast period, the market is projected by Data Bridge Market Research to rise from USD 1293.82 million in 2020 to USD 2391.22 million in 2028, rising at a CAGR of 7.98%.
Access PDF Sample Report (Including Graphs, Charts & Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-indwelling-catheters-market
Indwelling Catheters Market research report…
Indwelling Catheters Market to Record an Exponential CAGR by 2030
Transparency Market Research (TMR) has published a new report on the indwelling catheters market for the forecast period of 2019 - 2027. According to the report, the global indwelling catheters market was valued at ~US$ 985 Mn in 2018, and is projected to expand at a CAGR of ~6% from 2019 to 2027.
Read Report Overview - https://www.transparencymarketresearch.com/indwelling-catheter-market.html
Global Indwelling Catheters Market: Key Findings
Indwelling catheters, also known as Foley catheters, are flexible…
Telecare to rule the Indwelling Catheters Market
The Indwelling Catheters Market is expected to grow on an irrevocable note in the upcoming period. The medical landscape is witnessing an influx of at-home diagnostic kits. This trend of on-demand products is likely to take the healthcare vertical by storm in the upcoming period. It has been observed that home kits aid in educating patients and bringing them to the medical visits better prepared, thereby curtailing the time taken…
Artificial Intelligence (AI) to catalyze the Indwelling Catheters Market
The Indwelling Catheters Market is estimated to witness stupendous growth in the years to come. AI is already into the disruption mode regarding the healthcare vertical. Machine learning is used for displaying the relevant info about health in the mobile app. The application of AI in healthcare is better known as “Augmented Intelligence”. This would be the running trend in the healthcare vertical in the upcoming period.
According to a recent…
