The global Urinary Catheter Market size is poised to touch USD 4.18 Billion by 2026, exhibiting a CAGR of 6.3% during the forecast period. Increasing prevalence of urinary continence is one of the key factors driving the growth of this market. Urinary incontinence refers to involuntary leakage of urine and is observed to be more prevalent in female as compared to the male population of the world. For example, the National Association for Incontinence reports that currently, one in four women over the age 18 experiences an episodes of leaking urine involuntarily. Since the prevalence is rising at a faster pace, the demand for urological catheters is likely to surge in the coming decade.
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According to the Fortune Business Insights report, titled “Urinary Catheter Market Size, Share & Industry Analysis, By Product (Indwelling Catheters, Intermittent Catheters, External Catheters), By Application (Urinary Incontinence, Benign Prostatic Hyperplasia, Surgery, Others), By Gender (Female, Male), By End User (Hospitals, Age Care Centers, Others) and Regional Forecast, 2019-2026”, the value of the market stood at USD 2.56 billion in 2018. The report also contains an exhaustive analysis of the factors and trends that can potentially influence the market. Besides this, it provides a thorough research into the regional and competitive dynamics that businesses can use to build strategies aligned to the needs of the market.
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Europe to Hold Leading Position; North America to Showcase High CAGR
With a revenue of generation of 1.08 billion in 2018, Europe is projected to dominate the global Urinary Catheter Market share till 2026. This is mainly because of high incidence of urinary disorders among the geriatric population in the region. Advancements in treating urological diseases will be the major factor driving the market in North America. In Asia-Pacific, the market will grow as a result of increasing awareness regarding urinary incontinence and its treatment. Africa, the Middle East, and Latin America will grow at a lower rate due to low awareness levels about urological disorders.
Fortune Business Insights covers some of the key players in this market:
- B. Braun Melsungen AG
- Amsino International, Inc.
- Teleflex Incorporated
- ConvaTec Group PLC
- Coloplast A/S
- Boston Scientific Corporation
- Cook Medical Inc.
- BD
- Hollister Incorporated
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Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Healthcare Overview- For Key Countries
- Disease Prevalence – Selective Diseases such as Urinary Incontinence, BPH, etc. – For Key Countries, 2018
- Technological Developments in Urinary Catheters
- Pricing Analysis – By Major Companies/Brands
- Key Industry Developments – Partnerships, Mergers and Acquisitions
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Middle East and Africa Urinary Catheters Market Information, by Product type (Intermittent Catheters, Indwelling (Foley Catheters), External Catheters and others), by construction material (rubber, plastic, silicone, latex and others), by end user (hospitals, ambulatory and home) - Forecast till 2027Market BriefMarket Research Future (MRFR) states that the global urinary catheters market is anticipated to grow with a CAGR of 7.8% during 2017-2023 and surpass a market valuation of USD 1,103 million by 2023.A catheter is reputed medical device that is nothing by a thin tube, made of medical graded material.
It allows delivery of substances like medicines, fluids, and others into the body or drain out urine form the body.
MRFR identified these causes to shoot up the growth curve of the global urinary catheter market.
However, complications like, risk of infection due to catheter can impede the market growth.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/2538 Segmental AnalysisThe indispensable insights of the global urinary catheters market, derived from its segmental analysis, helps in the identification of new growth windows for the market to proliferate.
The urinary catheters market study has been segmented into type, gender, indication, end-use, and product.Based on the type, the urinary catheters market has been segmented into uncoated and coated catheters.Based on the gender, the urinary catheters market has been segmented into female and male catheters.Based on the indication, the urinary catheters market has been segmented into spinal cord injuries,urinary incontinence, general surgery, and benign prostatic hyperplasia.On the basis of end use, the urinary catheters market has been segmented into research organization and academic institutes, hospitals and clinics, and others.On the basis of product, the urinary catheters market has been segmented into external catheters, indwelling catheters, and intermittent catheters.Regional InsightsThe regional analysis of the urinary catheters market gives a compendious understanding of the demographic progress of the market.
This is increasing the demand for urinary catheters, to deliver better treatment.
The report titled ‘Global Urinary Catheter Market Report Forecast to 2027’ provides an in-depth study of the Urinary Catheter sector.
It examines the market thoroughly and offers a detailed evaluation of the global industry.
The report also provides a detailed evaluation of the critical elements of the global Urinary Catheter market, including product types, applications, end-uses, regions, and leading players.Market Size – USD 1.49 Billion in 2018, Market Growth - CAGR of 8.2%, Market Trends– Advancements in Urinary Catheter Market and also patient compliance of the catheters boost the marketGet a Sample Copy of the Urinary Catheter Market Report (Submit your official email ID to get priority)@ https://www.reportsanddata.com/sample-enquiry-form/2514 The Global Urinary Catheter Market gives an outline of the current market dynamics by scrutinizing factors such as the drivers, trends, opportunities, challenges, and restraints in the forecast years (2020-2027).
It traces the competitive landscape in the Urinary Catheter industry, which underlines different aspects like product offerings, production capacity, techniques, cost structure, value chain, financial standing, sales margin, and other notable developments recorded in the Urinary Catheter sector.Additionally, this report also offers an analysis of both short-term and long-term strategies adopted by the key companies in the global Urinary Catheter business.
The scope of all segments and sub-segments has also been included in the report.
This is expected to help the readers in making lucrative investments in the emerging sectors or sectors that promise to record the highest growth rate in the worldwide Urinary Catheter market in the coming years.Leading Players:Braun Melsungen AG (Germany), Coloplast A/S (Denmark), C.R.
February 22, 2019: Global Urinary Catheter Market is expected to grow significantly in the years to come owing to the increasing demand for minimally invasive procedures, growing incidences of kidney failures, cardiovascular diseases, and urinary bladder.
Urinary catheters are partially flexible hollow tubes that collect urine from the bladder and accumulates it in a drainage bag.
Bladder, if not emptied, leads to kidney pressure, which may also damage them, sometimes permanent damage.
Latin America is anticipated to dominate the market due to increasing incidences for urinary catheters and growing government initiatives for the development of healthcare facilities.Request a Free Sample Copy of Urinary Catheter Market Report @ https://www.radiantinsights.com/research/global-urinary-catheter-market-outlook-2018-2023/request-sample The leading market participants in urinary catheter market are Abbott Laboratories, Boston Scientific Corporation, Medtronic, Inc., Teleflex Incorporated, Bard Medical, B. Braun Melsungen AG, Becton Dickinson and Company, Johnson & Johnson, Vascular Solutions, Inc. and Edwards Lifesciences Corp.
The study provides historic data of 2013-2017 along with a forecast from 2018 to 2023 based on both output/volume and revenue.
Additionally, the report includes the study of opportunities available in the urinary catheter market on a global level.The report has been prepared based on the synthesis, analysis, and interpretation of information about the global urinary catheter market collected from specialized sources.
The global Urinary Catheter Market size will grow exponentially during 2019-2026.
This report offers an analysis of the market based on the product, end-user, distribution channel and geography (the Americas, APAC, and EMEA).
The Urinary Catheter Market research report further analyzes the market’s competitive landscape and offers information on several companies.Urinary Catheter Market report provides in-depth insight of the Urinary Catheter industry masking all vital parameters along with Drivers, Market Trends, Market Dynamics, Opportunities, Competitive Landscape, New Challenge Feasibility Evaluation, Urinary Catheter market Share via Region, Analysis and Guidelines on New mission Investment.Free Sample PDF (including TOC, Tables and Figures) of Urinary Catheter Market @ https://www.millioninsights.com/industry-reports/urinary-catheter-market/request-sampleGrowing geriatric population, particularly in the Asia Pacific region is considered as one of the major growth factors for urinary catheters market, in the recent years.
In addition, increasing occurrence of target diseases such as urinary in-continence, bladder blockade, urinary retention, benign prostate hyperplasia (BPH) and bladder cancers are anticipated to boost market demand for urinary catheters over the forecast period.The market is broadly categorized into three major segments based on the product type such as foley catheter or indwelling urinary catheter, intermittent catheters and external catheters.
The intermittent catheters is considered as one of the fastest growing segment in the flavonoids market with substantial revenue generation in the last few years.
However, intermittent catheters require parodic catheterization, due to which it is performed minimum four times a day.
