A new report on the Urinary Incontinence Market, published by Market Research Future (MRFR), gauges that this market could rise by 3% to 4% CAGR between 2018 and 2022. In terms of value, the market can be worth USD 27,775.9 Mn by the end of the forecast period.
Urinary incontinence is an unintentional and involuntary leaking of urine. This can be an embarrassing problem. Often, the victim may feel hesitant to ask questions or speak up about their condition. This condition occurs in both men and women, but it is more common in the case of women. Part of the causes includes childbirth and pregnancy, which are the key contributors. Childbirth, particularly vaginal deliveries, may stretch as well as tear the ligaments and muscles in the pelvic region that may weaken the pelvic floor muscles, thereby causing urine leakage.
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Obesity and Weight Gain- Each pound puts downward pressure both in the pelvic floor muscles and the bladder. Aging- The muscles surrounding the pelvic floor may sag, similar to muscles everywhere in the body. Chronic Cough and Smoking- Nicotine is likely to irritate the bladder in the case of some women, and chronic cough may put stress on the bladder resulting in involuntary leakage. Different types of chronic infections in the urinary tract or the bladder can eventually result in urinary incontinence. Specific classes of medicine, namely diuretics and bronchodilators, may cause urine leakage. Low levels of estrogen that are linked to menopause may result in the thinning of the vaginal and urethral walls that provide less support to the urinary bladder.
Key Players
- Boston Scientific Corporation (USA),
- Cook Medical Inc. (USA),
- Coloplast Corp (USA),
- C.R. Bard Inc. (USA),
- Ethicon US LLC (USA),
- NeoTract Inc. (USA),
- Promedon (Argentina)
Urinary Incontinence Market Segmentation
The global urinary incontinence market segmentation encompasses devices and types. MRFR’s take on the market explores various facets of the market in-depth.
Based on devices, this market has been segmented into antimicrobial Foley catheters, electrical stimulation devices, Foley catheters, urethral bulking agents, and others. Foley catheters segment is growing, and during the forecast period, it is expected to hold its sway over the market. Urethral bulking agents can be useful for those patients who have serious issues with anesthetic agents, and due to some medical problem, cannot have surgical procedures.
By types, the market has been segmented into functional incontinence, overflow incontinence, stress incontinence, urge incontinence, and others. Stress incontinence segment holds the largest market share among all segments. During the forecast period, urge incontinence segment is expected to witness the larger growth.
Urinary Incontinence Market Regional Analysis
A geographical outlining of the Urinary Incontinence Industry covers Europe, the Americas (North America & South America), Asia Pacific, and the Middle East & Africa (MEA).
Being the largest regional market, the Americas region can be segmented into North America and South America. Availability of advanced technology can make North America, a greater regional market segment over South America. Churning maximum revenue, North America is a powerful regional market due to the presence of the USA and Canada. Both of these countries have high investment from individuals regarding health, reimbursement policies, robust healthcare sector, and superior infrastructure. People in this region are aware of this medical problem, and thus, they consult a specialist for help regularly. In the USA, many important market players have their operations. In South America, Argentina has the maximum scope of market growth.
During the forecast period, both Europe and Asia Pacific region can be the fastest growing regional markets. Europe is expected to grow at 4% CAGR. In Europe, governments are investing in the healthcare sector and approving grants for research & development (R&D). The most vibrant economies that can be important country-specific markets are France, Germany, and the UK.
In the Asia Pacific region, the market is deriving profits from the presence of a huge population base where the slow but steady upliftment of the healthcare sector is ensuring easy access to medical treatments and widespread awareness about important medical treatments for different ailments. In this region, China, India, and Japan hold the potential to be important country-specific markets.
The MEA region may attain limited growth due to lack of awareness, lack of skilled medical professionals, less investment in the healthcare sector, and limited availability of advanced medical facilities.
Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
TOC Continued…
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