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Global Suprapubic Catheter Market - Industry Trends and Forecast to 2028
Global Suprapubic Catheter Market - Industry Trends and Forecast to 2028Market Analysis and Insights of Suprapubic Catheter : Global Suprapubic Catheter Market
Suprapubic catheter market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to grow at a CAGR of 6.54% in the above mentioned forecast period.
Suprapubic catheters are widely used for surgical applications counting bladder stones, urinary tract infections (UTIs), bladder cancer and bypass track by urine. They are commonly used for postoperative bladder drainage after gynecologic procedures and are also used for bladder drainage to deal with short-term voiding dysfunction after pelvic surgery.
The increasing demand for suprapubic catheters, due to growing prevalence of bladder cancer across the world is amongst the important factors intensifying the growth and demand of suprapubic catheter market. In addition, the growing prevalence of chronic urology disorders due to increasing aging population is also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the increasing need for proper treatment and increasing number of patients undergoing surgical procedures in hospitals who require longer hospital stays are also enhancing the growth of the market. Likewise, the technological advancements and new products launch is likely to influence the demand of suprapubic catheter therefore lifting the market growth in the above mentioned forecast period. The innovative product launches so as to normalize urine flow in medical conditions and surgeries such as kidney stones and gynecologic procedures will further accelerate the expansion of the suprapubic catheter market and are also are offering significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the various complications coupled with suprapubic catheters such as small bowel obstruction and bowel perforation during placement will curb the growth of the suprapubic catheter market, whereas the exchange of catheter and dearth of favorable reimbursement policies related to suprapubic catheters have the potential to challenge the growth of the suprapubic catheter market.
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