“Rise in incidence of urinary incontinence, surge in geriatric population, favorable reimbursement policies, and rise in preference toward hydrophilic catheters are expected to propel the growth of the global intermittent catheters market.”
The global intermittent catheters market was pegged at $1.66 billion in 2016 and projected to reach $2.95 billion by 2023, registering a CAGR of 8.7% from 2017 to 2023.
Rise in incidence of urinary incontinence, surge in geriatric population, favorable reimbursement policies, and rise in preference toward hydrophilic catheters have boosted the growth of the global intermittent catheters market. However, price competition at domestic level, availability of alternative to intermittent catheters, and lack of awareness toward various urological disorders hamper the market growth. On the contrary, emerging economies to offer lucrative opportunities and innovations in catheters are expected to create lucrative opportunities in the near future.
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The global intermittent catheters market is divided on the basis of product, indication, category, end user, and geography. Based on product, the market is categorized into uncoated intermittent catheters and coated intermittent catheters. The uncoated intermittent catheters held the largest share in 2016, owing to wide usage of uncoated catheters as it minimizes allergies associated with latex material.
On the basis of indication, the market is segmented into urinary incontinence, spinal cord injuries, general surgery, and others. The urinary incontinence segment dominated the market, due to rise in prevalence of urinary continence in the male and female population.
Based on category, the market is divided into female length catheter, male length catheters, and kid length catheter. The male length catheters segment held the largest share in 2016, contributing around three-eighths share of the market in 2016. Moreover, the segment is projected to register a highest CAGR of 8.4% during the forecast period.
On the basis of end user, the market is segmented into hospitals, ambulatory surgical centers, and medical research centers. The hospital segment held the largest share in 2016, accounting for around three-sevenths of the market. Moreover, the segment is projected to register CAGR of 8.6% during the study period.
The global intermittent catheters market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across the North America region was dominant in 2016, due to high prevalence rate of urinary incontinence and rise in number of minimally invasive surgeries. The region is expected to register CAGR pf 7.0% through 2023. However, the market across Asia-Pacific is projected to register the fastest CAGR during the forecast period.
The key players analyzed in the report include
- B. Braun Melsungen AG
- Adapta Medical
- Coloplast A/S
- Becton Dickinson Company
- Cure Medical
- ConvaTec Healthcare B S.r.l
- Medical Technologies of Georgia Inc.
- Hollister Inc.
- Pennine Healthcare
- Teleflex Incorporated.
Key Findings of the Intermittent Catheters Market:
- The male length catheters segment accounted for about three-eighth share of the total market in 2016, and is expected to register a high CAGR of 8.4% from 2017 to 2023.
- The hospitals segment accounted for three-seventh share of the total market and is expected to grow at a CAGR of 8.6% during the forecast period.
- U.S. dominated the North American intermittent catheters market and is projected to grow at a CAGR of 7.0%.
- Australia is the fastest growing country in the Asia-Pacific intermittent catheters market during the forecast period, registering a CAGR of 11.0%.
- Ambulatory surgery centers accounted for one-third market share in 2016, and are expected to grow at a high CAGR of 8.9%.
Scope of the Report
| Report Attribute | Details |
| Market size available for years | 2016-2023 |
| Base year considered | 2017 |
| Forecast period | 2017-2023 |
| Forecast units | Value (USD) |
| Segments covered | Product, Indication, Category and End User |
| Geographies covered | North America, Europe, Asia-Pacific, LAMEA |
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