Urinary Catheter Market Size, Share | Growth Trends, Key Players and Competitive Strategies – Forecast to 2028

The increasing prevalence of urinary incontinence, the growing geriatric population, and rising complications of urinary retention are the major factors increasing the growth of the urinary catheter market.

Urinary Catheter Market is valued at USD 1.79 Billion in 2018 and is expected to reach USD 2.93 Billion by 2025 with a CAGR of 7.29% over the forecast period.

Scope of the Urinary Catheter Market Report:

A urinary catheter obtains from a hollow and flexible tube that collects urine from the bladder and leads to a drainage bag. Urinary catheters are made in many sizes and types and it is made of rubber, plastic (PVC), and silicone. An aging population and people with a permanent injury or severe illness require urinary catheters for a longer time. There are mainly three types of catheters such as indwelling catheters, external catheters, and short-term catheters.

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Key players in the urinary catheter market are,

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The Middle East and Africa

The urinary Catheter market is segmented based on product, application, end-user, and by region. Based on product type, the urinary catheter market is segmented into indwelling catheters, intermittent catheters, and external catheters. Based upon application the market is divided into urinary incontinence, benign prostatic hyperplasia, surgery, and others. Furthermore, end-users are further segmented into hospitals, age care centers, and others.

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The increasing prevalence of urinary incontinence, growing geriatric population, and rising complications of urinary retention are driving the growth of the Urinary Catheter Market.

Increasing incidences of urinary incontinence, a growing geriatric population, and a surge in the number of acute and chronic pathologies that correct urinary elimination are some major factors fuelling the growth of the global urinary catheter market. Moreover, increasing incidences of spinal cord injury, Parkinson’s disease, and the aim of preventing complications such as urinary retention for urinary elimination are other key factors leading to increased demand for this market. Family physicians often encounter patients with urinary retention. Research studies have reported that in the U.S. men 43 to 85 years of age the overall incidence was 4.5 to 6.8 per 1,000 men per year.

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