Press release
2025-2034 Urometer Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Urometer
What Is the Expected CAGR for the Urometer Market Through 2025?
Over the past years, the urometer market size has shown considerable growth. This market is projected to expand from $0.5 billion in 2024 to $0.53 billion in 2025, marking a compound annual growth rate (CAGR) of 6.6%. Factors contributing to growth throughout the historic period include a surge in urological disorders, an increase in the geriatric population, a rise in surgical procedures, progress in urometer technology, and intensifying awareness and educational initiatives.
What's the Projected Size of the Global Urometer Market by 2029?
Strong growth is anticipated in the urometer market size in the upcoming years. The market is headed to reach a value of $0.71 billion by 2029, marking a compound annual growth rate (CAGR) of 7.2%. The expected growth during the forecast period can be traced back to the rising preference for disposable urometers, escalation in home healare services, amalgamation with digital health technologies, governmental measures and reimbursement policies, and expansion in emerging markets. Foreseeable trends during the projected period include progress in digital urometer systems, amalgamation with electronic medical records (EMRs), technological enhancements in sensor precision, advancements in portable and home-use urometers, and progress in antimicrobial coatings.
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Top Growth Drivers in the Urometer Industry: What's Accelerating the Market?
The increase in urological diseases is predicted to drive the urometer market's expansion in the coming years. These diseases affect the urinary system and male reproductive organs including kidneys, bladder, prostate, and urethra. The elderly population's rise is fueling the surge in urological diseases, given their higher susceptibility to conditions like prostate enlargement, urinary incontinence, and kidney disease. A urometer plays a crucial role in managing urological diseases by tracking urine output, calculating volume and flow, helping detect conditions like urinary retention, dehydration, or kidney malfunction, and providing crucial data for prognosis and treatment. For instance, the Australian Institute of Health and Welfare, a government agency-based in Australia, reported in June 2024, that the mortality rates from chronic kidney disease (CKD) rose by 4.2% in 2021 and 6.2% in 2022. Therefore, the increasing prevalence of urological diseases is fuelling the growth of the urometer market.
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What Are the Key Trends Driving Urometer Market Growth?
Leading companies in the urometer market are directing their efforts towards the production of innovative products such as urine collection kits, aimed at minimizing contamination during urine collection and measurement process. These kits, considered as medical devices, are specifically crafted to accurately collect, store and transport urine samples for diagnosis. They ensure the samples remain uncontaminated and clean to maintain quality. For example, in June 2024, Mexple, an India-based firm specialized in medical product creation, introduced Uromen and Urowomen. These are urine collection kits purposely created for men and women under the incontinence category, with the aim of addressing various patient needs focusing on comfort, hygiene, and user-friendliness. The kits, made from medical-grade silicone, have an external catheter system which reduces urine skin contact, thus reducing chances of infections, irritation, and smell compared to traditional adult diapers or indwelling catheters. These kits are reusable, leakproof and are designed to counter backflow, making them suitable for a range of different environments such as home care, hospitals, nursing homes and for various patient types including chronic and post-operative.
What Are the Main Segments in the Urometer Market?
The urometer market covered in this report is segmented -
1) By Product: 100 Milliliter (ml), 200 Milliliter (ml), 400 Milliliter (ml), 450 Milliliter (ml), 500 Milliliter (ml)
2) By Application: Operative Procedures, Emergency Trauma, Palliative Care, Other Applications
3) By End-Use: Hospital, Clinics, Home Healare, Other End-Uses
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Which Top Companies are Driving Growth in the Urometer Market?
Major companies operating in the urometer market are Cardinal Health Inc., Medline Industries LP, Becton inson and Company (BD), Teleflex Incorporated, Fannin Ltd., Angiplast Private Limited, Biosurge Healare India Private Limited, IndoSurgicals Private Limited, Ribbel International Ltd., Advin Urology, Labtron Equipment Ltd., APEX MEDICAL DEVICES, Rudraksh Pharma & Surgico Pvt. Ltd., Observe Medical ASA, Romsons Group, Medi Safe International, Dispowell Surgicals, Real Surgi Product, Medi Faith By SK Healare, Taizhou Sanxin Medical Technology Co. Ltd.
Which Regions Will Dominate the Urometer Market Through 2029?
Asia-Pacific was the largest region in the urometer market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the urometer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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