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External Urinary Catheters Market Size 2024 to 2031.

06-12-2024 09:29 AM CET | Aerospace & Defense

Press release from: Report Prime

Market Overview and Report Coverage

An external urinary catheter is a medical device used to drain urine from the bladder for individuals who have difficulty urinating on their own. These catheters are widely used in hospitals, nursing homes, and home care settings.
The future outlook for the external urinary catheters market looks promising, with a projected CAGR of 9.40% during the forecasted period. The increasing prevalence of urinary incontinence and urinary retention among the aging population is a major factor driving the growth of this market. Additionally, the rising demand for minimally invasive procedures and technological advancements in catheter design are also contributing to the market expansion.
Currently, North America holds the largest share of the external urinary catheters market, followed by Europe and Asia Pacific. However, the market in Asia Pacific is expected to witness rapid growth due to the increasing geriatric population and improving healthcare infrastructure in the region.
Overall, the external urinary catheters market is set to experience significant growth in the coming years, driven by factors such as the increasing prevalence of urinary disorders, rising geriatric population, and advancements in catheter technology.

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Market Segmentation
The External Urinary Catheters Market Analysis by types is segmented into:
• Disposable External Catheters
• Reusable External Catheters

https://www.reportprime.com/external-urinary-catheters-r9424

The External Urinary Catheters market includes two main types: Disposable External Catheters and Reusable External Catheters. Disposable External Catheters are designed for one-time use and are convenient for travel or short-term use. Reusable External Catheters are made of durable materials and can be cleaned for multiple uses, making them cost-effective in the long run. Both types offer solutions for managing urinary incontinence and are available in a variety of sizes and styles to suit individual needs.

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The External Urinary Catheters Market Industry Research by Application is segmented into:
• Hospitals
• Ambulatory Surgical Centers

External urinary catheters are commonly used in hospitals and ambulatory surgical centers to manage urinary incontinence in patients. Hospitals utilize these catheters for patients undergoing surgeries, treatments, or those with certain medical conditions. Ambulatory surgical centers also incorporate external urinary catheters in their practices to provide effective urinary care during outpatient procedures. The market for external urinary catheters in hospitals and ambulatory surgical centers is driven by the increasing prevalence of urinary incontinence and the demand for convenient and efficient urinary management solutions.

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In terms of Region, the External Urinary Catheters Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global External Urinary Catheters market?
The global external urinary catheters market is witnessing several emerging trends, including the increasing prevalence of urinary incontinence and urinary retention, growing geriatric population, and rising demand for minimally invasive urological procedures. Technological advancements in catheter design, such as the development of silicone and hydrogel-based materials, are also driving market growth. Additionally, the rising adoption of intermittent catheterization and the shift towards home healthcare settings are expected to further boost market expansion. Furthermore, collaborations between industry players and healthcare providers to develop innovative catheter solutions are likely to shape the future of the external urinary catheters market.

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Major Market Players
B.Braun is a leading player in the external urinary catheters market, offering a wide range of innovative products to meet the needs of patients suffering from urinary incontinence. The company has a strong presence in the market due to its focus on research and development, which has allowed it to introduce new technologies and products that are highly effective and user-friendly. B.Braun has experienced significant market growth over the years, thanks to its commitment to customer satisfaction and quality.
Coloplast is another key player in the external urinary catheters market, known for its high-quality products and excellent customer service. The company has a long history of success in the medical device industry, with a reputation for producing reliable and comfortable catheters that meet the needs of patients. Coloplast has seen steady market growth due to its continuous innovation and dedication to improving patient outcomes.
Covidien, now part of Medtronic, is a global healthcare company that offers a wide range of medical products, including external urinary catheters. Covidien has a strong presence in the market, with a reputation for producing high-quality, reliable products that meet the needs of patients. The company has experienced significant market growth over the years, thanks to its focus on innovation and customer satisfaction.
It is important to note that specific sales revenue figures for these companies are proprietary information and may not be publicly disclosed. However, it is clear that these companies have achieved success and established themselves as key players in the competitive external urinary catheters market.

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