Intermittent Catheters Market Forecast Highlights Lucrative Opportunities, According to Persistence Market Research

The global intermittent catheters market is a dynamic sector within the medical device industry, estimated to be worth US$ 1.6 billion in 2021. Intermittent catheters, devices used for the temporary drainage of urine from the bladder, have been increasingly sought after due to their pivotal role in treating conditions like urinary incontinence, urinary retention, and post-surgical care. According to a report from Persistence Market Research, the market is expected to grow at a compound annual growth rate (CAGR) of 4.8% over the next decade, reaching approximately US$ 2.6 billion by 2032. This growth is propelled by various factors such as the rising prevalence of urinary disorders, an aging population, and advancements in catheter technologies.

Intermittent catheters are widely used by individuals who experience difficulties in bladder control, such as those with neurogenic bladder disorders, spinal cord injuries, or benign prostatic hyperplasia (BPH). The demand for these devices is expected to surge due to increasing awareness about their benefits, alongside the growing geriatric population who face higher rates of incontinence and related conditions. North America and Europe remain dominant regions for this market, with robust healthcare systems and high levels of awareness about urinary health.

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Key Market Statistics:

Market Size (2022): US$ 1.7 billion
Projected Market Value (2032): US$ 2.6 billion
Global Market Growth Rate (2022-2032): 4.8%
Share of Top 5 Countries: 57.8%

The market's strong growth trajectory is fueled by the increasing adoption of advanced catheter products like silicone-based catheters, which are more biocompatible and resistant to infections compared to traditional latex variants. Additionally, growing demand for healthcare products in emerging economies presents an excellent growth opportunity for manufacturers.

Key Growth Drivers

The primary drivers of growth in the intermittent catheter market include an aging global population, rising healthcare awareness, and advancements in catheter technology. As the number of individuals with urinary incontinence and other related conditions increases, the demand for intermittent catheters has surged. Furthermore, the ongoing expansion of healthcare infrastructure in emerging markets is providing manufacturers with new opportunities for growth.

Coated intermittent catheters, which accounted for a significant share of the market, offer benefits such as reduced risk of infection, lower friction, and greater patient comfort. These factors contribute to their rising popularity among users and healthcare providers alike. The shift toward minimally invasive treatments and the growing preference for home-based catheterization are also expected to further drive demand.

Leading Segment and Region

The coated intermittent catheters segment is poised to maintain its leadership due to its superior performance characteristics. These catheters are designed with a hydrophilic coating that reduces friction during insertion, minimizing the risk of injury and infection. They also feature smooth surfaces that prevent bacterial adhesion, making them ideal for long-term use.

Geographically, North America dominates the intermittent catheters market, with the U.S. contributing significantly to this growth. The country's advanced healthcare infrastructure, coupled with high healthcare expenditure and the growing prevalence of urinary disorders, positions it as the leading market. Europe, particularly Germany, also accounts for a significant share of the market, driven by a large aging population and increasing healthcare spending.

Key Highlights from the Report

➤ The global intermittent catheters market was valued at US$ 1.6 billion in 2021 and is expected to reach US$ 2.6 billion by 2032.
➤ Coated intermittent catheters accounted for 64.5% of the market share in 2021, owing to their biocompatibility and reduced risk of infections.
➤ The U.S. leads the North American market, with significant demand driven by a high prevalence of urinary incontinence.
➤ A rising elderly population and increasing urinary incontinence cases are among the key drivers of market growth.
➤ Increasing adoption of silicone-based catheters is expected to boost the market, replacing traditional latex catheters.
➤ Developing regions like Asia Pacific and Latin America are expected to witness substantial market growth due to rising healthcare expenditure and awareness.

Market Segmentation

The intermittent catheters market is broadly segmented based on product type, application, and end-user. By product type, the market is categorized into coated and uncoated intermittent catheters. Coated catheters are further subdivided into hydrophilic-coated and antimicrobial-coated varieties. Hydrophilic catheters have witnessed a surge in demand due to their ease of insertion and minimized friction, while antimicrobial coatings help prevent bacterial growth, thereby reducing the risk of infections like urinary tract infections (UTIs).

In terms of applications, the market is driven by key areas like urinary incontinence, urinary retention, prostate gland surgery, and spinal cord injury. Among these, prostate gland surgeries account for the highest share of market revenue due to the high prevalence of benign prostatic hyperplasia (BPH). Additionally, end-users of intermittent catheters include hospitals, surgical centers, specialty clinics, and academic research institutions. The use of intermittent catheters is particularly widespread in hospitals due to the presence of medical professionals and advanced monitoring systems.

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Regional Insights

North America

North America remains the largest market for intermittent catheters, with the U.S. leading the way. This dominance is attributed to the high healthcare expenditure, the presence of advanced medical infrastructure, and a large aging population prone to urinary incontinence. The market growth in this region is further augmented by continuous innovation in catheter designs and the increasing preference for disposable catheters.

Europe

In Europe, Germany holds a prominent share of the market due to its large elderly population and the growing demand for healthcare services tailored to this demographic. The country is also home to several leading manufacturers of medical devices, contributing to the region's growth. Additionally, United Kingdom and France are witnessing steady demand driven by healthcare reforms and rising awareness about bladder-related disorders.

Market Drivers

Several factors are contributing to the growth of the intermittent catheters market. The aging population is one of the foremost drivers, with more individuals requiring medical devices for bladder management as they age. Furthermore, the increasing prevalence of chronic diseases such as diabetes, neurological disorders, and urological problems, which often necessitate catheter use, has spurred demand. As awareness regarding the advantages of intermittent catheterization grows, more patients are opting for these devices.

Technological advancements in catheter designs have also played a crucial role in driving market growth. Products such as hydrophilic-coated catheters and silicone-based devices have addressed issues related to friction, infection, and patient discomfort, making them the preferred choice for many users.

Market Restraints

Despite the promising growth outlook, the intermittent catheters market faces several challenges. The risk of urinary tract infections (UTIs) associated with catheter use remains a significant concern. According to the CDC, catheter-associated urinary tract infections (CAUTIs) account for a large number of hospital-acquired infections, which can deter patients and healthcare professionals from opting for intermittent catheters.

Additionally, the availability of alternative products such as disposable incontinence pads and pull-up diapers presents competition to the market. These alternatives do not require medical intervention and are often more affordable, posing a challenge for the growth of the catheter market.

Market Opportunities

Emerging economies, particularly in Asia Pacific and Latin America, represent significant growth opportunities for the intermittent catheters market. As these regions experience improving healthcare infrastructure, coupled with rising patient awareness and higher disposable incomes, the demand for medical devices like intermittent catheters is expected to rise. Manufacturers are increasingly focusing on these regions to expand their market reach and improve their global presence.

Moreover, research and development into more biocompatible and durable catheter materials, such as silicone, are expected to enhance the product offerings, creating new opportunities in the market. The introduction of smart catheters equipped with sensors and other technological innovations is also expected to open up new avenues for growth.

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Reasons to Buy the Report

✔ Comprehensive analysis of market trends and dynamics
✔ Insights into key players and their strategies for market dominance
✔ In-depth understanding of market drivers, restraints, and opportunities
✔ Access to detailed data and market forecasts from 2022 to 2032
✔ Regional and product-wise market analysis to guide strategic decisions

Company Insights

✦ Boston Scientific Corporation
✦ Medtronic plc.
✦ Hollister Incorporated
✦ B. Braun Melsungen AG
✦ Coloplast A/S
✦ Becton, Dickinson and Company
✦ Teleflex Incorporated
✦ Cook Medical
✦ ASID BONZ GmbH
✦ Hunter Urology Ltd.

Recent Developments

In September 2019, ConvaTec Group Plc acquired Southlake Medical Supplies, Inc., enhancing its presence in the U.S. catheter market.

In August 2019, Smith Medical and Medline Industries partnered to improve the delivery and quality of therapeutic equipment, including catheters.

This combination of factors positions the intermittent catheters market for continued growth over the coming years.

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