Urinary Catheters Market is expected to Grow at a CAGR of 6.63% by 2030, estimates DelveInsight
Urinary Catheters companies are B. Braun Melsungen AG, Hangzhou Formed Medical Devices, Boston Scientific Corp, Cook, ConvaTec, Teleflex Inc, Urocare, etc
ALBANY, NY, UNITED STATES, January 8, 2025 /EINPresswire.com/ -- DelveInsight's Urinary Catheters Market Insights and Forecast report provides the current and forecast Urinary Catheters, upcoming innovation in the devices, individual market shares of the devices, challenges, drivers and barriers, market trends, and key competitors in the Urinary Catheters.
As per DelveInsight Analysis for Urinary Catheters market, the escalating prevalence of urological disorders such as urinary incontinence, benign prostatic hyperplasia, and urinary strictures, among others, and growing surgical procedures worldwide are some of the key factors, which are anticipated to increase the overall demand of Urinary Catheters, thereby augmenting the growth of Urinary Catheters market.
Some of the essential takeaways from the Urinary Catheters Market report:
• As per an analysis by DelveInsight, North America is expected to dominate the overall Urinary Catheters Market during the forecast period.
• Key pharma players working proactively in the Urinary Catheters include B. Braun Melsungen AG, Hangzhou Formed Medical Devices Co., Ltd., Boston Scientific Corporation, Cook, ConvaTec Inc., Becton, Dickinson, and Company., Teleflex Incorporated, Urocare Products, Inc., BACTIGUARD AB, Hollister Incorporated, Cardinal Health, Rocamed., Amecath, Go Medical Industries Pty Ltd., CURE MEDICAL, LLC, QMD™, Amsino International, Inc., J and M Urinary Catheters LLC., CompactCath, Ribbel International Limited., and others.
• The global Urinary Catheters market was valued at USD 3.29 billion in 2023, growing at a CAGR of 6.64% during the forecast period from 2024 to 2030, to reach USD 4.82 billion by 2030.
• In March 2021, Hollister Incorporated launched the Infyna Chic™ intermittent catheter, the latest in the company’s line of hydrophilic catheter products to the US market.
• In February 2021, Health Canada approved Bactiguard’s urinary catheter with a temperature sensor for infection prevention driven by COVID-19. This is because Bactiguard’s catheter reduces the risk for secondary infection in critically ill patients.
• Also, on May 7, 2020, B. Braun Medical, Inc. received the US FDA approval for Actreen® Hi-Lite Intermittent Urinary Catheters indicated for intermittent urinary catheterization of paediatrics and adult patients with chronic urine retention or voiding dysfunction.
To pick on the latest highlights related to Urinary Catheters get the snapshot of the key highlights entailed in the Urinary Catheters Market Forecast
Urinary Catheters Overview
Urinary Catheters are flexible tubes that are used to void the bladder and accumulate the urine in a drainage or urine collection bag. These catheters are usually used when an individual faces difficulty in urinating naturally due to an impaired bladder function because of any obstruction in the bladder, bladder weakness, neurogenic bladders, and others. Based on the approach of insertion urinary catheters are classified into three broad categories external catheters which adhere to the external genitalia region of men and women for urine collection, urethral catheters which are inserted through the urethra and suprapubic catheters which are inserted through a small orifice created in the lower abdomen.
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Urinary Catheters Market Insight
Geographically, the global Urinary Catheters market is studied for North America, Europe, Asia-Pacific, and the Rest of the World. In terms of revenue share, North America tends to lead the global market in the current scenario and is projected that it will continue to hold its market position during the forecast period. This domination is attributed to the rising target population in the region.
According to DelveInsight estimates, intermittent catheters hold a significant market during the forecasted period. Advantages such as the reduced risk of infection, ease of affordability, and others spike up the demand for intermittent catheters. Moreover, several product approvals received by the leading manufacturers will contribute to the Urinary Catheters market growth. For instance, Coloplast received FDA clearance for its intermittent Urinary Catheter SpeediCath Soft indicated for use by patients with urine retention and patients with post-void residual volume (PVR) due to neurogenic and non-neurogenic voiding dysfunction on July 30, 2020.
In December 2020, Ingenion Medical Limited received nearly £100,000 in grant funding from Innovate UK, the country’s innovation agency. The company planned to utilize the proceeds to gain a CE Mark for its CymActive™ urinary catheter, a novel medical device to treat male patients suffering from chronic urinary retention. Thus, owing to the market development related to products and expansions, there will be significant growth in the Urinary Catheters market during the forecast period.
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Urinary Catheters Market Dynamics
The demand for urinary catheters is growing significantly due to the increasing prevalence of urological disorders, including urinary strictures, urinary incontinence, benign prostatic hyperplasia, and other related conditions worldwide. For example, data from the World Health Organization (WHO) in 2017 highlighted that the prevalence of urinary incontinence ranges from 9.9% to 36.1% globally, with older women being more affected than older men. Additionally, according to the Continence Foundation of Australia (2020), one in four adult Australians experiences incontinence, with approximately 38% of Australian women and around 10% of Australian men affected. Among men, the prevalence of urge incontinence rises from low levels in younger men to 30% in those aged 70-84 and approximately 50% in men over 85 years.
Similarly, Scotland's National Health Information Service reported in 2021 that an estimated 3 to 6 million people in the United Kingdom suffer from some degree of urinary incontinence. These statistics underline the growing impact of incontinence disorders, which is a significant driver of the global urinary catheters market.
Additionally, the increasing number of surgeries worldwide is expected to further boost the demand for urinary catheters. According to the Global Surgery Foundation (2021), around 30% of the global disease burden is attributed to conditions treatable through surgical intervention.
Consequently, these factors are likely to contribute to the growth of the global urinary catheters market during the forecast period. However, challenges such as the risk of urinary tract infections and complications associated with catheterization may hinder market growth to some extent.
To gain a better understanding of the Urinary Catheters market, get a snapshot of the Urinary Catheters Market Dynamics and Trends
Scope of the Urinary Catheters Market Report
Study Period: 2021-2030
Key Companies: B. Braun Melsungen AG, Hangzhou Formed Medical Devices Co., Ltd., Boston Scientific Corporation, Cook, ConvaTec Inc., Becton, Dickinson, and Company., Teleflex Incorporated, Urocare Products, Inc., BACTIGUARD AB, Hollister Incorporated, Cardinal Health, Rocamed., Amecath, Go Medical Industries Pty Ltd., CURE MEDICAL, LLC, QMD™, Amsino International, Inc., J and M Urinary Catheters LLC., CompactCath, Ribbel International Limited.
Urinary Catheters Market Segmentation
By Product
• Indwelling/Foley Catheters
• Intermittent Catheters
• External Catheters
By Type
• Coated
• Uncoated
By Design
• Single Lumen
• Double Lumen
• Triple Lumen
By Usage
• Male Urinary Catheters
• Female Urinary Catheters
By Application
• Benign Prostatic Hyperplasia
• Urinary Incontinence
• General Surgery
• Others
By End-User
• Hospitals
• Ambulatory Surgical Centers
• Others
By Geography
• North America
• Europe
• Asia-Pacific
• Rest of the World (Middle East, Africa, and South America)
Delveinsight Analysis: The Urinary Catheters market is expected to grow at a CAGR of 6.63% by 2030.
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Table of Contents
1. Urinary Catheters Report Introduction
2. Urinary Catheters Executive summary
3. Regulatory and Patent Analysis
4. Urinary Catheters Market Key factors analysis
5. Urinary Catheters Porter’s Five Forces Analysis
6. COVID-19 Impact Analysis on Urinary Catheters Market
7. Urinary Catheters Market layout
8. Urinary Catheters Global Company Share Analysis – Key 3-5 Companies
9. Urinary Catheters Company and Product Profiles
. 9.1 B. Braun Melsungen AG
9.2 Hangzhou Formed Medical Devices Co., Ltd
9.3 Boston Scientific Corporation
9.4 COOK
9.5 ConvaTec Inc.
9.6 Becton, Dickinson and Company
9.7 Teleflex Incorporated
9.8 Urocare Products, Inc.
9.9 BACTIGUARD AB
9.10 Hollister Incorporated
9.11 Cardinal Health
9.12 Rocamed
10. Project Approach
11. KOL Views
12. DelveInsight Capabilities
13. Disclaimer
14. About DelveInsight
About DelveInsight
DelveInsight is a leading Business Consultant, and Market Research firm focused exclusively on life sciences. It supports Pharma companies by providing comprehensive end-to-end solutions to improve their performance.
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