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Intermittent Catheters Market will increase to a Revenue of US$ 2.6 Bn at the end of 2032 with an estimated CAGR of 4.8% | PMR Study

02-13-2023 04:02 AM CET | Health & Medicine

Press release from: Persistence Market Research

Intermittent Catheters Market will increase to a Revenue of US$

The cosmetic dentistry market refers to the segment of the dental industry that deals with the improvement of the appearance of a person's teeth, gums, and bites. This is achieved through various cosmetic dental procedures, such as teeth whitening, veneers, bonding, orthodontics, and others.

The cosmetic dentistry market has been growing in recent years, driven by a number of factors, including the increasing awareness about the importance of oral hygiene, the growing demand for cosmetic enhancements, and advancements in technology. In addition, the increasing focus on personal appearance and the growing disposable income of individuals are also driving growth in the market.

The global intermittent catheters market was valued at US$ 1.6 Bn in 2021, with an estimated CAGR of 4.8% for the next ten years. A comprehensive industry study by Persistence Market Research reveals that the market will increase to a valuation of around US$ 2.6 Bn at the end of 2032.

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The global intermittent catheters market is expected to grow significantly in the coming years, driven by factors such as an aging population, increasing prevalence of chronic diseases, and a growing awareness of the benefits of self-catheterization.

One major segment of the market is the traditional catheters segment, which includes straight and coudé tip catheters. These catheters are widely used in hospitals and clinics, and are considered the standard option for self-catheterization.

Another segment of the market is the pre-lubricated catheters segment, which includes coated and hydrophilic catheters. These catheters are coated with a lubricant or hydrophilic material to make insertion and removal more comfortable for the patient. They are also considered a more convenient option for patients who are unable to lubricate the catheter themselves.

Companies

Boston Scientific Corporation
Medtronic plc.
Hollister Incorporate
Braun Melsungen AG
Coloplast A/S
Becton, Dickinson and Company
Teleflex Incorporation
Cook Medical
ASID BONZ GmbH
Hunter Urology Ltd.
McKesson Corp.
Medline Industries LP
Pennine Healthcare
Romsons
Convatec
Flexicare

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Inlays and onlays are also becoming increasingly popular. These are custom-made fillings that are The third segment of the market is the intermittent catheter with special features. These catheters have additional features such as color-coded funnels, built-in antimicrobial properties, and pre-attached collection bags. These catheters are designed to reduce the risk of infection and make it easier for the patient to manage their condition.

The intermittent catheter market is also segmented by end-user into hospitals, clinics, home care, and long-term care facilities.

In conclusion, the global intermittent catheter market is expected to grow significantly in the coming years, driven by factors such as an aging population, increasing prevalence of chronic diseases, and a growing awareness of the benefits of self-catheterization. The market is highly competitive with many players vying for market share. Companies are focusing on the development of new and innovative products to gain a competitive edge in the market.

Competitive Landscape

Companies manufacturing intermittent catheters are actively looking to improve their position through partnerships, acquisitions, collaborations, and approvals with both existing and upcoming market participants.

Several recent examples include:

ConvaTec Group Plc stated in September 2019 that it acquired Southlake Medical Supplies, Inc., a supplier of catheters in the United States.
Smith Medical and Medline Industries established a partnership in August 2019 to improve the delivery of therapeutic equipment.

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Segments Covered in Intermittent Catheters Industry Survey

By Product:

Coated Intermittent Catheters
Uncoated Intermittent Catheters

By Application:

Urinary Incontinence
Urinary Retention
Prostate Gland Surgery
Spinal Cord Injury
Other

By End User:

Hospitals
Surgical Centers
Specialty Clinics
Academic & Research Institutions

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About Us

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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