Press release
Silicone Based Catheters Market Is Expand at a CAGR of 9.8% to Reach USD 384.7 billion by 2032 | Bactiguard, BD, Cook Medical LLC, Angiplast, Sterimed Group
The silicone based catheters market was valued at USD 150.9 million in 2022 and it is anticipated to grow further till USD 384.7 billion by 2032, at a CAGR of 9.8% during the forecast period.Urinary catheters manufactured entirely of silicone are referred to as 100% Silicone Catheters. People with latex allergies or sensitivities should use them because they don't contain latex. Foley, intermittent, and coude tip catheters are just a few of the numerous varieties and designs of 100% silicone catheters.
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Market Trends and Drivers
The rise in benign prostatic hyperplasia (BPH), urinary incontinence, and surgical procedures are all factors contributing to the market expansion for silicone-based catheters.
Market Restraints and Challenges
However, the market's expansion is hampered by the rising risk of bacterial infection brought on by continuous catheter use.
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Global Silicone Based Catheters Market Segmentation
By Application
• Urinary Tract Infection (UTI)/Catheter Acquired Urinary Tract Infection (CAUTI)
• Surgery on Contiguous Structures of Genitourinary Tract
• Prostate Gland Surgery
• Spinal Cord Injury
• Others
Major Players in the Global Silicone Based Catheters Market
The key players studied in the report are Teleflex Incorporated, B. Braun Melsungen AG, ConvaTec Group Plc, Ribbel International Limited, Bactiguard, BD, Cook Medical LLC, Angiplast, Sterimed Group, Mais India, and Medasil Surgical Limited among others.
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Reasons to buy Silicone Based Catheters Market Report:
• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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