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Urinary Catheters Market to Exceed A Value of US$ 1,755.0 by the end of 2021
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Presently, the urinary catheter market is mainly driven by factors such as growing ageing population, favorable reimbursement policies and increasing demand for advanced urinary catheters. However, factors such as growing incidence of urinary tract infections and the threat from substitutes are expected to hamper market growth. The urinary catheter market is segmented on the basis of product type and application.
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By region, North America dominated the market with over 30% market share and is expected to remain dominant throughout the forecast period. The urinary catheter market in Asia and Latin America are expected to expand at a CAGRs of 4.7% and 4.6% respectively during the forecast period.
Key players covered in this report include B. Braun Melsungen AG, Coloplast A/S., CR Bard Inc., Teleflex Incorporation, Boston Scientific Corporation, Covidien Plc, Hollister Incorporated, and Cook Medical.
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