The global urinary catheters 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.
The report covers:
Global Urinary Catheter Market trends, with detailed analysis on consumer trends & manufacturer trends.
Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
Key areas of investments identifying market opportunities and challenges in forecast timeframe.
Competitive analysis of the industry players along with the overview on strategic management.
Comprehensive company profiles of the major industry players.
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Leading Players operating in the Urinary Catheter Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
Braun Melsungen AG
Amsino International, Inc.
Teleflex Incorporated
ConvaTec Group PLC
Coloplast A/S
Boston Scientific Corporation
Cook Medical Inc.
BD
Hollister Incorporated
Rising Geriatric Population to Increase Incidence of Urinary Diseases
A major factor that is expected to influence the urinary catheters market trends is the steady rise in the number of aging people in the world. Aging is one of the leading causes of urological disorders such as urinary incontinence and a consistent increase in the geriatric population will significantly boost the sales of urological catheters. According to the WHO, as early as 2020, people aged 60 and above will outnumber children under the age of 5. By 2050, 22% of the world’s population will be over the age of 60. In the US, population over the age of 65 is expected to reach 95 million by 2060, as per Population Reference Bureau in America. These demographic trends are anticipated to considerably enhance the potential of the market during the forecast period.
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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 catheters 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.
Detailed 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
Global Urinary Catheters Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Product
Indwelling Catheters
Intermittent Catheters
External Catheters
Market Analysis, Insights and Forecast – By Application
Urinary Incontinence
Benign Prostatic Hyperplasia
Surgery
Others
Market Analysis, Insights and Forecast – By Gender
Male
Female
Market Analysis, Insights and Forecast – By End User
Hospitals
Age Care Centers
Others
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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Report Focus:
Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Urinary Catheter Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates
Reasons to Purchase this Report:
Comprehensive analysis of the Urinary Catheter Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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