Global Urinary Self-catheter Market Major Competitors, Regional Segments, Strategies and Forecast 2030

Inkwood Research estimates that the Global Urinary Self-catheter Market is evaluated to project a CAGR of 3.56% in terms of revenue during the forecast period, 2019-2028.
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People with conditions where they find it difficult to empty their bladder are recommended urinary self-catheterization. The urinary self-catheter is also utilized in conditions such as benign prostate hyperplasia (BPH), urinary incontinence, etc. s

Rising Research & Development Activities Propel Market Growth
The advancements in the healthcare industry have resulted in customizable devices with cutting-edge technologies. The vendors are making use of silicone, PVC, and latex, for developing biocompatible urinary catheters. They are developing products with straight and coude tips like Foley catheters that are easy to insert into the urethra. The researchers of The University of Nottingham, the UK, have manufactured catheters that can restrain the growth of most urinary bacteria, including that of Proteus catheters.
Manufacturers are focusing on the usage of new materials for making intermittent catheters and several coating constituents like antimicrobial & hydrophilic coating for soothing the insertion of intermittent catheters. ConvaTec Group PLC launched its line of intermittent catheters in 2017. These are low-friction intermittent catheters that are activated when dipped in water. Based on a research study, anti-infection catheter technology was developed for managing urinary incontinence. It worked in favor of medical settings and has become a potential solution for recurrent infections in long-term catheter users.
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Benign Prostate Hyperplasia is the fastest-growing Application
Benign prostate hyperplasia (BPH) is also known as prostate gland enlargement. It is a common condition in the aged male population. The enlarged prostate results in uncomfortable symptoms, like blocking the urine flow, further causing urinary tract, kidney, and bladder problems. There is a rising prevalence of BPH and the growing adoption of the intermittent catheter over indwelling catheters. The increasing population of aged males, and the rising use of intermittent catheters are set to contribute to the prominence of this application.

Asia Pacific to record Fast-paced Growth by 2028
The region entails lucrative market growth opportunities, given the dense population, an increasing number of the aging population, and rising adoption of urinary self-catheter systems. Countries like South Korea have a steadily growing elderly population, resulting in the utilization of medical devices & equipment. The patient education, changing policies with regard to the medical device trade, thriving medical tourism, along with lifestyle factors, are set to influence the growth of the market.
The market has the presence of several vendors offering a wide range of urinary self-catheters. Since most products are part of similar technologies, competitive rivalry is estimated to be intense during the forecast period. With regard to new entrants, the need for a moderate level of capital investment at the initial stage acts as a barrier. Some of the established players present in the market include, Gardner Denver Holdings Inc, Boston Scientific Corporation, Convatec, Medtronic PLC, B Braun Melsungen AG, etc.

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