Urinary Catheters Market Insights, Competitive Landscape and Market Forecast-2027

The global Urinary Catheters market was valued at USD 3.29 billion in 2021, growing at a CAGR of 6.64% during the forecast period from 2022 to 2027, to reach USD 4.82 billion by 2027. The increase in demand for urinary catheters is predominantly attributed to the growing cases of urological disorders such as urinary incontinence, Benign Prostatic Hyperplasia, among others, rising old age population across the globe, increase in the number of surgical procedures, and advancement in the materials used to manufacture urinary catheters, among others.

Urinary Catheters: An Overview
Urinary catheters are flexible tubes used to empty the bladder and accumulate urine in a drainage bag. There are 3 main types of urinary catheter: intermittent, indwelling, and external. These catheters can be either inserted through the tube that carries urine out of the bladder (urethral catheter) or through a small opening made in your lower tummy (suprapubic catheter).

Download a sample copy of the market report- https://www.delveinsight.com/sample-request/urinary-catheters-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=ypr

Recent Developmental Activities in the Urinary Catheters Market:

• In March 2021, Hollister Incorporated launched the Infyna Chic™ intermittent catheter, the latest in the company's line of hydrophilic catheter products to the US market.
• In February 2021, Health Canada approved Bactiguard's urinary catheter with a temperature sensor for infection prevention driven by COVID-19. This is because Bactiguard's catheter reduces the risk for secondary infection in critically ill patients.
• In December 2020, Ingenion Medical Limited received nearly £100,000 in grant funding from Innovate UK, the country's innovation agency. The company planned to utilize the proceeds to gain a CE Mark for its CymActive™ urinary catheter, a novel medical device to treat male patients suffering from chronic urinary retention.

Key Takeaways from the Urinary Catheters Market Report Study

• Market size analysis for current market size (2021), and market forecast for 5 years (2022-2027)
• The effect of the COVID-19 pandemic on this market is significant. To capture and analyse suitable indicators, our experts are closely watching the Urinary Catheters market.
• Top key product/services/technology developments, merger, acquisition, partnership, joint venture happened for last 3 years
• Key companies dominating the Global Urinary Catheters Market.
• Various opportunities available for the other competitor in the Urinary Catheters Market space.
• What are the top-performing segments in 2021? How these segments will perform in 2027.
• Which are the top-performing regions and countries in the current market scenario?
• Which are the regions and countries where companies should have concentrated on opportunities for Urinary Catheters market growth in the coming future?

Urinary Catheters Market Dynamics

The demand for urinary catheters is burgeoning at present due to the rising prevalence of urological disorders such as urinary strictures, urinary incontinence, benign prostatic hyperplasia, and various other indications among the worldwide population. For instance, as per the World Health Organization 2017 data, the prevalence of urinary incontinence ranges from 9.9% to 36.1% population affecting older women as compared to older men. Also, according to the Continence Foundation of Australia 2020 data, incontinence affects one in four adult Australians. Moreover, the data also depicts that approximately 38% of Australian women and around 10% of Australian men were affected with urinary incontinence. Also, the data stated that in the male the urge incontinence is low in younger men and shoots up to 30% for men aged 70-84 and approximately 50% for men above 85 years.

Urinary Catheters Market Segment Analysis

Urinary Catheters Market By Product Type (Indwelling/Foley Catheters, Intermittent Catheters and External Catheters), By Type (Coated and Uncoated), By Design (Single Lumen, Double Lumen and Triple Lumen), By Usage (Male Urinary Catheters and Female Urinary Catheters), By Application (Benign Prostatic Hyperplasia, Urinary Incontinence, General Surgery, and Others), By End-User (Hospitals, Ambulatory Surgical Centres, and Others), and By Geography (North America, Europe, Asia-Pacific, and Rest of the World).

Request a sample copy of the market report- https://www.delveinsight.com/sample-request/urinary-catheters-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=ypr

Urinary Catheters Market is expected to dominate the North America
Among all the regions, North America is expected to occupy a major share in the overall urinary catheters market during the forthcoming years. This domination is owing to the increasing occurrence of targeted indications, such as urinary retention, urinary incontinence, bladder obstruction, Benign Prostatic Hyperplasia & bladder cancers, among others. In addition, the presence of well-established healthcare facilities and reimbursement scenarios in the region will also contribute to the urinary catheters market.

Further, in the United States, the growing aging population as compared to the earlier years is also a contributing factor for the urinary catheters market in the region as aged people are more prone to develop various urology-associated disorders. According to the Administration for Community Living (operating division of the US Department of Health and Human Services) 2021 data, there was approximately 54.1 million population above age 65 in the year 2019 which accounted for 16% of the total population and is estimated to increase by 21.6% by the year 2040.

Urinary Catheters Market Companies
Some of the key market players operating in the Urinary Catheters market include B. Braun Melsungen AG, Hangzhou Formed Medical Devices Co., Ltd., Boston Scientific Corporation, Cook, ConvaTec Inc., Becton, Dickinson, and Company., Teleflex Incorporated, Urocare Products, Inc., BACTIGUARD AB, Hollister Incorporated, Cardinal Health, Rocamed., Amecath, Go Medical Industries Pty Ltd., CURE MEDICAL, LLC, QMD™, Amsino International, Inc., J and M Urinary Catheters LLC., CompactCath, Ribbel International Limited., and others.

Check out for more details- https://www.delveinsight.com/report-store/urinary-catheters-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=ypr

Table of Content
1. Urinary Catheters Market Report Introduction
2. Urinary Catheters Market Executive summary
3. Regulatory and Patent Analysis
5. Urinary Catheters Porter's Five Forces Analysis
6. COVID-19 Impact Analysis on Urinary Catheters Market
7. Urinary Catheters Market layout
8. Urinary Catheters Global Company Share Analysis - Key 3-5 Companies
9. Urinary Catheters Company and Product Profiles
10. Project Approach
11. KOL Views
12. DelveInsight Capabilities
13. Disclaimer
14. About DelveInsight

Connect with our Business Consultant- https://www.delveinsight.com/report-store/urinary-catheters-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=ypr

Contact Us
Yashveer Bhardwaj
info@delveinsight.com
+1(919)321-6187
www.delveinsight.com

DelveInsight is a leading Life Science market research and business consulting company recognised for its off-the-shelf syndicated market research reports as well as customised solutions to firms in the healthcare sector.

This release was published on openPR.