Urinary Incontinence Market Size, Share, Competitive Landscape and Trend Analysis Report Forecast - 2023-2030
PORTLAND, OREGON, UNITED STATES, July 4, 2024 /EINPresswire.com/ -- How big is the urinary incontinence market?
According to the report published by Allied Market Research, the global Urinary Incontinence Market generated $10.12 billion in 2020, and is estimated to reach $19.34 billion by 2030, witnessing a CAGR of 6.8% from 2021 to 2030.
Increase in prevalence of urological disorders and development of advanced urinary incontinence device boost the growth of urinary incontinence market. In addition, rise in demand for minimally invasive operations, as well as an aging population that is more prone to urological problems drive the growth of the urinary incontinence device market. Furthermore, the number of urinary incontinent patients switching from traditional methods is expected to rise in the near future. The expansion of the market is aided by the increase in risk of associative urological disorders among people. However, the growth of the urinary incontinence market is hampered by a lack of awareness about new improvements in urinary incontinence devices and post-operative difficulties linked with the devices. Furthermore, rise in healthcare spending in developing nations is expected to open up new growth opportunities.
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Advent of innovative urinary incontinence devices, surge in demand for minimally invasive procedures, shift from conventional solutions to novel urinary incontinent products, and efficiency in the prevention of hospital-acquired infections (HAIs) drive the growth of the global urinary incontinence market. However, lack of awareness regarding urinary incontinence devices, post-operative complications, and surge in concerns toward disposable products hinder the market growth. Rise in healthcare expenditures in the developing economies and increase in technology integration present new opportunities in the coming years.
Key Market Segments
By Product:
Devices:
Foley Catheters
Other Urinary Catheters
Conventional Vaginal Slings
Advanced Vaginal Slings
Electrical Stimulation Devices
Artificial Urinary Sphincters
External Urinary Incontinence Devices
Internal Urinary Incontinence Devices
Disposables:
Disposable Underwear
Disposable Shields
Disposable Diapers
Disposable Underpads
Others
By Incontinence Type:
Stress Urinary Incontinence
Urge Urinary Incontinence
Overflow Urinary Incontinence
Functional Urinary Incontinence
By End User:
Hospitals and Clinics
Home Care
Others
By Region:
North America (U.S., Canada, Mexico)
Europe (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
LAMEA (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Leading players of the global urinary incontinence market analyzed in the research include Becton, Dickinson and Company (C.R. Bard Inc.), Caldera Medical, Boston Scientific Corporation, ConvaTec Group plc, Coloplast A/S, Johnson and Johnson, Cook Group Inc., Medtronic plc, Laborie Medical, Ahlstrom-Munksjo, Teleflex Incorporated, Berry Global Inc., Asahi Kasei Corporation, Domtar Corporation, Cardinal Health, Inc., First Quality Enterprises, Inc., and others.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
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