SEATTLE, March 10, 2021, (MEDGADGET) — Global Urinary Catheters Market
A urinary catheter is a partially flexible and hollow tube that collects urine from the bladder and leads to a drainage bag. Silicone, rubber, and PVC are materials that urinary catheters are generally made of. Indwelling catheters, external catheters, and short-term catheters are the three main types of urinary catheters. One-time use catheters and reusable catheters are widely available. It is essential to clean catheters on a regular basis, as in-dwelling urinary catheters may lead to urinary tract infections (UTIs) sometimes.
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Global Urinary Catheters Market – Drivers & Restraints
The global urinary catheters market is estimated to account for US$ 2,247.6 million in terms of value by the end of 2027.
Increasing cases of urinary incontinence is expected to boost growth of the global urinary catheter market over the forecast period. For instance, according to International Continence Society, in 2018, 63 million people suffered from urgency urinary incontinence worldwide. Moreover, increasing geriatric population is also expected to boost growth of the market. For instance, according to the World Health Organization, geriatric population is expected to reach 2 billion by 2050, up from 900 million in 2015.
North America, followed by Europe, held the dominant position in the global urinary catheters market in 2018, accounting for 39.6% market share in terms of value.
However, increasing incidence of urinary tract infections is a major factor hindering the growth of the global urinary catheters market. For instance, according to National Center for Emerging and Zoonotic Infectious Diseases’ Epidemiology & Prevention of UTI NHSN 2018 Training factsheet, the prevalence of UTI was 10% among nursing home-associated infections. Moreover, availability of disposable incontinence products such as adult diapers and pull-on absorbent pants is also expected to hamper growth of the global urinary catheters market. Moreover, use of chlorhexidine instead of saline in hospitals for cleaning before catheter insertion may reduce the incidence of catheter-associated urinary tract infections (CAUTIs), which is expected to boost growth of the market.
The intermittent catheters segment was valued at US$ 892.4 million in 2018 and is expected to reach US$ 1,332.5 million by 2027, at a CAGR of 4.5% during the forecast period.
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Global Urinary Catheters Market – Competitive Landscape
The most prominent players operating in the global urinary catheters market include B. Braun Melsungen AG, Coloplast A/S, CR Bard Inc., Teleflex Inc., CATHETRIX, Hollister Incorporated, Boston Scientific Corporation, Medtronic, Hollister Inc., Bactiguard, and Cook Medical.
These companies are deeply focused on launching novel urinary catheters that are designed for enhanced patient safety. For instance, in February 2019, Safe Medical Design, Inc. received the U.S. Food and Drug Administration (FDA) clearance for its Signal Catheter for commercialization in the U.S.
In March 2019, Poiesis Medical received an Innovative Technology contract for its Duette Dual Balloon Indwelling Urinary Catheter from Vizient, Inc. Furthermore, in September 2019, Bactiguard’s indwelling urinary catheters (Foleys) received regulatory approval for reimbursement in the Netherlands.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippets, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Key Highlights
- Product launch
- PEST Analysis
- Regulatory Scenario
- Mergers and Acquisitions
- Market Dynamics
- Urinary Catheter Market, By Product Type, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Intermittent Catheter
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Ported PIVC
- Non-Ported PIVC
- Indwelling (Foley) Catheter
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- External Catheter
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Urinary Catheter Market, By Application, 2019 – 2027, (US$ Mn)
- Urinary Incontinence
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Urinary Retention
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Prostate Gland Surgeries
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Spinal Cord Injuries
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Urinary Incontinence
- Urinary Catheter Market, By Region, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2026
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Introduction
- Competitive Landscape
- Company Profiles
- Section
- References
- Research Methodology
- About us and Sales Contact
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