Urinary Catheters Market Research Report covers the present scenario and the growth prospects of the Urinary Catheters Industry for 2016-2020. Urinary Catheters Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Urinary Catheters globally.
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The Urinary Catheters Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Urinary Catheters Market:
- B. Braun Melsungen
- C.R. Bard
Other Prominent Vendors of Urinary Catheters Market Are:
- Apexmed International
- Cook Medical
- Dileh Medical Supplies
“One of the key trends for market growth will be preferences for male external catheters among active athletes. Active athletes with urinary incontinence opt male external catheters over other types of urinary catheters. These catheters are non-invasive and reduce the risks of infections such as CAUTIs. For many men, external catheters are a great alternative to more invasive catheters, such as indwelling catheters that require insertion through the urethra. In the US, male athletes with urinary incontinence prefer Coloplast’s Freedom Cath male external catheter, a one-piece self-adhering latex device with a wide and watertight adhesive seal, to manage urinary incontinence. The catheter has an anti-kink reservoir that prevents the backflow of urine. Male external catheters have the advantage of diverting the urine to a bag, which decreases urine odor and protects the skin from contact with urine.”
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According to the Urinary Catheters Market report, use of home-based urinary catheters will be a key driver for market growth. Modern medicine and improvement in healthcare services have helped improve patient outcome and reduce related expenditure by allowing many people with chronic diseases to receive home-based medical care. In 2015, the National Association for Home Care and Hospice in the US estimated that 7.6 million individuals were receiving homecare from about 17,000 paid providers. Among these individuals, many people were aged 60 and above. The rise in this age group will lead to the demand for home healthcare devices due to the devices feasibility in care. Many people opted for home care-based treatment over hospital care and this number is going to increase overtime. This paradigm shift has helped people take an active role in managing their diseases. They are able to opt for devices that allow better treatment of diseases in the comfort of their homes. These devices are easily available online and are comfortable and easy to use. This shift led to the development of portable urinary catheters.
Report also presents Geographical Segmentation analysis of Urinary Catheters Market of Americas, APAC, EMEA region.
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Further, the Urinary Catheters Market report states that product recalls will be a challenge for the market. Product recalls due to manufacturing errors can have a negative impact on the brand image of a company creating a negative perception about the device among consumers. For instance, in 2014, a Class II recall was initiated against ConvaTec’s Medline Sterile Foley Catheter 14 fr 5 cc 12 pieces. The product had issues in designing, with the lumen of the catheter being blocked by excess lubricious coating material. Similarly, the US FDA issued a Class II device recall for Cure Medical’s Cure Pediatric Catheter 10Fr due to labeling issues. The boxes of the product were labeled as French Size 8 pediatric catheter but contained French Size10 pediatric catheters. In May 2016, Cook Medical recalled its 4M Beacon Tip catheters from the market due to reports of polymer degradation of the catheter tip.
Key questions answered in Urinary Catheters market report:
- What will the Urinary Catheters market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving Urinary Catheters market?
- What are the challenges to Urinary Catheters market growth?
- Who are the key vendors in Urinary Catheters market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
No of Pages: 63
Price of Report: $ 2500 (Single User License)
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