Urology Catheters Market Poised for 7.7% Growth, Set to Hit $1.25 Billion by 2029

What market dynamics are playing a key role in accelerating the growth of the urology catheters market?
The escalation in bladder cancer incidents is anticipated to spur the advancement of the urology catheter market. Bladder cancer originates from the cells of the bladder, a flexible, muscular vessel situated in the lower abdomen that accumulates urine. The surge in bladder cancer incidents stems from elderly populations, heightened interaction with carcinogens, pelvic radiation, and the practice of consuming less water. Urology catheters are necessary for bladder cancer sufferers to control urine flow and drainage, particularly after surgical procedures or treatments that disrupt regular bladder operation. For instance, as stated by Cancer Research UK in July 2024, a charity organization located in the UK, the median figure of fresh bladder cancer incidents in the UK is likely to rise from about 9,800 each year in 2023-2025. This figure is anticipated to ascend to roughly 10,700 incidents per annum by 2038-2040. Consequently, the escalating incidents of bladder cancer are stimulating the expansion of the urology catheter market.

Get Your Urology Catheters Market Report Here:
https://www.thebusinessresearchcompany.com/report/urology-catheters-global-market-report

How will the growth rate of the urology catheters market shape industry trends by 2034?
Recent years have seen significant growth in the urology catheters market. The growth is projected to continue, with the market predicted to expand from $3.5 billion in 2024 to $3.78 billion in 2025, a compound annual growth rate (CAGR) of 8%. Factors contributing to this growth over the historical period include a quickly aging population, a rise in urological disorders, the need for urinary catheters for post-surgery ease, an increased risk of urinary tract infections, and a trend towards patients opting for self-care.

In the coming years, the market for urology catheters is predicted to experience significant expansion, climbing to a value of $5.07 billion by 2029, with a compound annual growth rate (CAGR) of 7.7%. The expected growth during the forecast period can be linked to an increase in urinary tract tumours, a greater number of surgical procedures related to BPH, a rise in bladder cancer cases, a favourable reimbursement situation, and an increase in surgical procedures. Key trends set to influence the market during the forecast period include technological advancements, the introduction of biodegradable catheters, the launch of new products, the growing use of silicone-based catheters, and the incorporation of the Internet of Things (IoT) into urology devices.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20991&type=smp

What trends are poised to drive the future success of the urology catheters market?
Significant players in the urology catheter market are concentrating on creating technologically superior products such as intermittent urological catheters. These products facilitate sporadic bladder draining while ensuring patient self-reliance. The intermittent urological catheter is a single-use tool inserted into the bladder to help with urination when an individual cannot do so naturally. Take for example, in July 2022, the Japan-based medical device firm, Otsuka Pharmaceutical Factory Inc., unveiled the OT-Balloon Catheter, a type of intermittent urological catheter. This catheter is engineered for repeated self-catheterization, addressing the needs of people with difficulty in urinating naturally. An exceptional feature of this catheter is the expandable balloon at its end, permitting temporary insertion in the bladder and ensuring secure positioning during the night or when outdoors. This removes the necessity for regular self-catheterization during its use, contributing to greater convenience. This catheter is designed to match the patient's lifestyle, delivering versatility and simpler control.

Which primary segments of the urology catheters market are driving growth and industry transformations?
The urology catheters market covered in this report is segmented -

1) By Product Type: Intermittent Catheters, Foley Catheters, External Catheters, Other Product Types
2) By Material: Latex, Silicone, Other Materials
3) By Application: Urinary Incontinence, Benign Prostatic Hyperplasia, Surgery, Other Applications
4) By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Settings

Subsegments:
1) By Intermittent Catheters: Straight Catheters, Coude Catheters, Hydrophilic Catheters, Reusable Catheters, Disposable Catheters
2) By Foley Catheters: Silicone Foley Catheters, Latex Foley Catheters, Anti-Bacterial Foley Catheters, 2-Way Foley Catheters, 3-Way Foley Catheters
3) By External Catheters: Male External Catheters, Female External Catheters, Condom* Catheters
4) By Other Product Types: Urethral Catheters, Suprapubic Catheters, Nephrostomy Catheters, Catheter Accessories

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20991

Which geographical regions are pioneering growth in the urology catheters market?
North America was the largest region in the urology catheters market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the urology catheters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the influential players reshaping the urology catheters market landscape?
Major companies operating in the urology catheters market are Cardinal Health Inc., Medtronic PLC, Becton Dickinson and Company, Boston Scientific Corporation, Medline Industries Inc., B. Braun Melsungen AG, Otsuka Pharmaceutical Factory Inc., Coloplast A/S, Dentsply Sirona Inc., Teleflex Incorporated, Cook Medical, ConvaTec Group PLC, Hollister Incorporated, Amsino International Inc., Well Lead Medical Co.Ltd., Urocare Products Inc., Bactiguard AB, CURE MEDICAL LLC., Degania Silicone Ltd., C R Bard Inc., ASID BONZ GmbH, CompactCath Inc., Go Medical Industries Pty Ltd., UROTECH GmbH, J and M Urinary Catheters LLC

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=20991&type=smp

What Is Covered In The Urology Catheters Global Market Report?

•Market Size Forecast: Examine the urology catheters market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the urology catheters market for a structured understanding.
•Key Players Overview: Analyze major players in the urology catheters market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the urology catheters market.
•Segment Contributions: Evaluate how different segments drive overall growth in the urology catheters market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the urology catheters market.
•Industry Challenges: Identify potential risks and obstacles affecting the urology catheters market.
•Competitive Landscape: Review strategic developments in the urology catheters market, including expansions, agreements, and new product launches.

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.