Global Urinary Catheters Market Size Projected To Augment At A CAGR of 5.42% Growth by 2032
According to analysts at Zion Market Research, the global urinary catheters market size was valued at around US$ 5.50 billion in 2023 and is expected to grow at a CAGR of about 5.42% during the forecast period 2024–2032.
The urinary catheters are used to treat patients experiencing urinary retention, urinary incontinence, and other urological diseases. A urinary catheter is a stretchy tube that is utilized to drain the bladder and gather urine in a drainage pack, which is generally implanted into the patient’s bladder by a medical professional.
Some of the prominent players in the market are Coloplast A/S, B. Braun Melsungen AG, Hollister Incorporated, C.R. Bard, Inc., Cook Medical, Medtronic plc, ConvaTec Group plc, and Teleflex Incorporation.
Rising Demand For Advanced Urinary Catheters To Boost The Global Urinary Catheters Market
The positive reimbursement guidelines and rising interest in advanced urinary catheters are key aspects leading to augmented demand for urinary catheters, consequently boosting the expansion of the urinary catheters market. A rise in the number of medical practices globally is surging the demand for urinary catheters. Producers are constantly making efforts to advance new products with a special focus on the patient’s comfort. The increased presence of locally manufactured hemodialysis and fixer occlude devices are the latest trends in the worldwide urinary catheter market. The trends in the urinary catheters market consist of incorporating technological development in the urinary catheters, consistent interest in new work, and a surge in acquisitions & mergers.
The global urinary catheters market is bifurcated on the basis of gender, product, type, indication, end-user, and regional analysis. Based on the product, the market is divided into intermittent catheters, indwelling catheters, and external catheters. Based on the type, the market is divided into uncoated catheters and coated catheters. Based on gender, the market is divided into female urinary catheters and male urinary catheters. Based on the indication, the market is divided into general surgery, urinary incontinence, spinal cord injuries, and benign prostatic hyperplasia. Based on the end-user, the market is divided into long-term care facilities, hospitals, and other end users.
The North America Region To Witness Major Share In The Global Urinary Catheters Market
Based on geographical analysis, the global urinary catheters market is divided into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. The North American region will persist to be the leading domestic market for urinary catheters owing to the augmenting burden of surging urological diseases and the rising elderly population. Furthermore, the North America region has advanced healthcare facilities and the settlement coverage adds to the prominent market share in the region. North America holds a major market share in the global urinary catheters market and is likely to advance with a CAGR of about 3.9% in the estimated period.
Urinary Catheters Market: Competitive Analysis
The global urinary catheters market is dominated by players like:
- Medtronic
- Cook Medical
- Convatec
- Coloplast A/S
- C. R. Bard GmbH
- BKK B. Braun Melsungen AG
- Hollister Incorporated
- Teleflex Incorporated
The global urinary catheters market is segmented as follows:
By product:
- Intermittent Catheters
- Indwelling Catheters
- External Catheters
By type:
- Uncoated Catheters
- Coated Catheters
By gender:
- Female Urinary Catheter
- Male Urinary Catheter
By indication:
- General Surgery
- Urinary Incontinence
- Benign Prostatic Hyperplasia
- Spinal Cord Injuries
By end-user:
- Long-Term Care Facilities
- Hospitals
- Other End Users
By region:
- North AmericaThe U.S.Canada
- EuropeFranceThe UKSpainGermanyItalyRest of Europe
- Asia PacificChinaJapanIndiaSouth KoreaSoutheast AsiaRest of Asia Pacific
- Latin AmericaBrazilMexicoRest of Latin America
- Middle East & AfricaGCCSouth AfricaRest of Middle East & Africa
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