According to the DelveInsight analysis of the urinary catheter market, the increasing prevalence of urinary system diseases such as urinary incontinence, benign prostatic hyperplasia and urethral stricture, and the increasing number of surgical operations worldwide are some of the key factors, which are expected to increase the overall The demand for urinary catheters has promoted the growth of the urinary catheter market.
Las Vegas, USA, November 18, 2021 (GLOBE NEWSWIRE) - The urinary catheter market is expected to grow at an amazing compound annual growth rate of 6.63%, and is expected to expand to US$4.55 billion by 2026, DelveInsight asserts
According to the DelveInsight analysis of the urinary catheter market, the increasing prevalence of urinary system diseases such as urinary incontinence, benign prostatic hyperplasia and urethral stricture, and the increasing number of surgical operations worldwide are some of the key factors, which are expected to increase the overall The demand for urinary catheters has promoted the growth of the urinary catheter market.
DelveInsight's catheter market insight and forecast report provides current and forecast catheters, upcoming innovations in equipment, individual market shares of devices, challenges, drivers and obstacles, market trends, and major competitors of catheters.
Some basic points in the urinary catheter market report:
According to DelveInsight's analysis, North America is expected to dominate the entire urinary catheter market during the forecast period.
Major pharmaceutical companies actively working in the field of urinary catheters include B. Braun Melsungen AG, Hangzhou Forming 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 Wait.
DelveInsight estimates that the global urinary catheter market is valued at US$3.1 billion in 2020, growing at a compound annual growth rate of 6.63% during the forecast period from 2021 to 2026, and will reach US$4.55 billion by 2026.
In March 2021, Hollister Incorporated launched the Infyna Chic™ intermittent catheter, the latest product in the company's hydrophilic catheter product line for the US market.
In February 2021, Health Canada approved Bactiguard's urinary catheters with temperature sensors to prevent infections driven by COVID-19. This is because Bactiguard's catheter reduces the risk of secondary infection in critically ill patients.
In addition, B. Braun Medical, Inc. obtained Actreen® Hi-Lite intermittent urinary catheters approved by the US FDA on May 7, 2020. It is suitable for intermittent urinary catheterization in pediatrics and adults with chronic urinary retention or urinary dysfunction.
To pick the latest highlights related to urinary catheters, please take a snapshot of the main highlights included in the urinary catheter market report.
The urinary catheter is a flexible tube used to empty the bladder and accumulate urine in a drainage bag or urine collection bag. These catheters are usually used when individuals have difficulty in urinating naturally due to bladder obstruction, bladder weakness, neurogenic bladder and other reasons. According to the method of inserting urinary catheters, urinary catheters can be divided into three categories: external urinary catheters attached to the male and female external genital area to collect urine, urinary catheters inserted through the urethra, and small holes formed through the urethra The inserted suprapubic catheter is in the lower abdomen.
Interested in knowing how the urinary catheter will develop in 2026? Click to get a snapshot of the catheter market analysis
Geographically, the global urinary catheter market has been studied for North America, Europe, Asia Pacific and other regions of the world. In terms of revenue share, under current circumstances, North America tends to lead the global market and is expected to continue to maintain its market position during the forecast period. This dominance is attributed to the growing target population in the region.
According to DelveInsight's estimates, intermittent catheters will occupy an important market during the forecast period. Advantages such as reduced risk of infection and ease of burden have increased the demand for intermittent catheters. In addition, several product approvals obtained by leading manufacturers will contribute to the growth of the urinary catheter market. For example, Coloplast’s intermittent urinary catheter SpeediCath Soft has been approved by the FDA. The software is suitable for patients with urinary retention and post-urination residual volume (PVR )patient.
In December 2020, Ingenion Medical Limited received a grant of nearly £100,000 from the country's innovation agency Innovate UK. The company plans to use the proceeds to obtain the CE mark for its CymActive™ urinary catheter, a new type of medical device for the treatment of male patients with chronic urinary retention. Therefore, due to market developments related to products and expansion, the urethral catheter market will grow significantly during the forecast period.
Learn more about the urinary catheter market pattern@尿管市场分析
The prevalence of various urinary system diseases is rising, including urinary incontinence, bladder cancer and urethral stricture, which may promote the development of the entire catheter market. In addition, the increase in the number of surgical operations, the approval of various products, and the affordability and safety advantages of intermittent catheters will lead to an increase in the demand for urinary catheters, which will further lead to the growth of the urinary catheter market. In addition, in the forecast period from 2021 to 2026, in order to reduce the risk of secondary infections (such as Bactiguard's urinary catheters with temperature sensors), increased demand for COVID-19 patients to use technologically advanced urinary catheters may drive urine Control the development of the market.
COVID-19 has caused significant damage to commercial and economic activities worldwide and is expected to affect the catheter market. Due to the efforts of the government and authorities to ensure that resources are provided for COVID-19 patients, various elective surgeries are temporarily postponed, so the catheter used for surgical operations is expected to be affected to a certain extent. In addition, other factors including blockade restrictions, supply chain disruptions caused by logistical restrictions, patients' reluctance to go to hospitals and clinics, etc., have affected the catheter market.
In order to better understand the impact of COVID-19 on urinary catheters, please take a snapshot of the urinary catheter market.
Scope of the urinary catheter market report
Major 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.
Rest of the world (Middle East, Africa and South America)
Delveinsight analysis: The urinary catheter market is expected to grow at a compound annual growth rate of 6.63%, reaching US$4.55 billion by 2026.
Analysis of key factors in the catheter market
Analysis of Five Forces of Catheter Porter
Analysis of the impact of COVID-19 on the urinary catheter market
Uinary Catheters global company share analysis-3-5 key companies
Introduction of catheter companies and products
9.1 B. Braun Melsungen AG 9.2 Hangzhou Forming Medical Devices Co., Ltd. 9.3 Boston Scientific 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.10.10.10.19.19.9.1.9.9 BACTIGUARD.10.10.10.19.1.19.9 health card roaming
Learn more about the reported products @ urethral catheter market outlook
Learn more about medical device reports for the diagnosis, prevention and treatment of various diseases, as well as the development of multiple devices to promote major players in the treatment market.
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