March 22, 2022 10:30 ET | Source: Transparency Market Research Transparency Market Research

Albany, New York, UNITED STATES

ALBANY, N.Y., March 22, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research: Advancements in catheterization procedures as well improvements in coatings and the material used for popular indwelling catheters are catalyzing the uptake of products, especially in hospital settings. The global indwelling catheters market valuation is projected to reach US$ 1.6 Bn by 2030. Manufacturers are leaning on innovation in urinary catheter design, thereby complying with Health and Safety Executive (HSE) and National Institute for Health and Care Excellence (NICE). This will stridently extend the horizon of the indwelling catheters market.

Healthcare providers are keenly complying with evidence-based guidelines in the choice of the catheter and the selection of the right candidates for indwelling catheterization. Stridently, such focus has enabled them to prevent long-term complications in patients as well as reduce the morbidity/mortality and medico-legal implications. Along with the use of innovative valve technologies and better external coatings, they have been successful in catheter-associated urinary tract infections (CAUTIs), thus boosting the demand potential in the indwelling catheters market.

A significant percentage of patient population using indwelling catheter sustain urethral traumas, due to inadvertent balloon inflation. The awareness of the risks in recent years has set the tone for innovation in products in the indwelling catheters market. A case in point is trans-urethral catheterisation (TUC) safety valve attracting attention of hospitals.

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Key Findings of Indwelling Catheters Market Study

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Indwelling Catheters Market: Key Drivers

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Indwelling Catheters Market: Regional Growth Dynamics

Indwelling Catheters Market: Key Players

Prominent players in the indwelling catheters market are Medline Industries, B. Braun Melsungen AG, SunMed, Bactiguard, Cook Medical, Teleflex Incorporated, Dickinson & Company (BD), Coloplast Corp., and Cardinal Health, Inc.

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Global Indwelling Catheters Market: Segmentation Indwelling Catheters Market by Product

Indwelling Catheters Market by Material

Indwelling Catheters Market by Indication

Indwelling Catheters Market by End User

Indwelling Catheters Market by Region

Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:

Catheters Market: The demand for catheters is expected to remain high in the coming years observes Transparency Market Research. Development and commercialization of various types of catheters for a wide range of applications has significantly propelled the global catheters market in recent years. Catheterization is an important procedure before performing major surgeries.

Asia Pacific Urinary Catheters Market: The surging demand for urinary catheters due to rising incidence of urinary incontinence and increasing geriatric population who have a difficulty passing urine naturally drive the market in the region. Medical device manufacturers are now increasing the production of urinary catheters due to the increasing demand in the Asia Pacific.

Foley Catheters Market: The demand within the global foley catheters market is projected to rise at a stupendous pace over the forthcoming phases. Rising incidence of prostate hypertrophy has created increased demand within the global market. Investments in prostate-related research have increased by leaps and bounds, mainly due to growing cases of urinary discharge complications.

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