Global Urinary Catheters Market is Growing at a Significant Rate in the Forecast Period 2018-2025

According to Data Bridge Market Research new Market report, global urinary catheters market will account to an estimated USD 1.51 billion in 2017 growing at a CAGR of 8.50% during the forecast period of 2018 to 2025.

Global Urinary Catheters Market

Global Urinary Catheters Market

Urinary catheters can be defined as the medical devices that help in draining the bladder out of the body whether voluntarily or involuntarily. These devices help in controlling the leakage or are used after a surgical procedure when the patient cannot move or are unable to control their actions. These catheters involve a tube like structure attached to one end of the human body and the other end is attached to the bag which stores the urine so that there is no spillage on the human body or other surroundings.

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Segmentation: Global Urinary Catheters Market

Global urinary catheters market is segmented on the basis of product, type, gender, indication, end user, and geography.

By Product (Indwelling Catheters, Intermittent Catheters, External Catheters), Type (Coated Catheters, Uncoated Catheters), Gender (Male Urinary Catheters, Female Urinary Catheters), Indication (Urinary Incontinence, General Surgery, Benign Prostatic Hyperplasia, Others) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa).

FACTORS DRIVING GROWTH IN URINARY CATHETERS MARKET

Rising prevalence of Incontinence:

Incontinence can be defined as a type of medical condition that means involuntary urine or fecal leakage. It is caused by a number of different reasons. It occurs in all age groups, but the disease can be defined as and when it occurs in adults.

According to Global Forum on Incontinence’s report in 2018 around more than 423million people above the age of 20 are affected by incontinence. In this number of population around 303 million women and 121 million men are affected by the disease. That comes out to be around 8.7% of the total population of the world, and 12.4% of all female population & 5% of all male population worldwide.

This significant number of incontinence is expected to be one of the major drivers for urinary catheters as it solves the problem of involuntary urine leakage and reduces any kind of complications associated with the process.

Global Urinary Catheters Market

Key Market Competitors: Global Urinary Catheters Market

Few of the major competitors currently working in the urinary catheters market are B. Braun Melsungen AG, Boston Scientific Corporation, Coloplast A/S., Convatec Group PLC, C.R. Bard, Inc., Medtronic PLC., Teleflex Incorporated., Wellspect Healthcare, Bactiguard. Cook Medical, Hollister Incorporated, Pacific Hospital Supply Co. Ltd, The Flume Catheter Company Limited, Enox Biopharma, Inc, Koninklijke DSM N.V, Ribbel International Limited, Wipak, Degania Silicone Ltd., UROMED Kurt Drews KG, Freudenberg Medical, and Nordson Corporation.

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