Latin America Male Urinary Incontinence Market Size & Outlook
Latin America male urinary incontinence market, 2018-2030 (US$M)
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Latin America male urinary incontinence market highlights
- The Latin America male urinary incontinence market generated a revenue of USD 661.6 million in 2023.
- The market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, absorbents was the largest revenue generating product in 2023.
- Absorbents is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 661.6 million |
| Market revenue in 2030 | USD 971.1 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Absorbents |
| Fastest growing segment | Absorbents |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Non-Absorbents, Absorbents |
| Key market players worldwide | Essity, Kimberly-Clark Corp, Coloplast A/S ADR, Teleflex Inc, Boston Scientific Corp, Paul Hartmann, First Quality, Medline Industries, BD, Hollister, Cardinal Health Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.8% of the global male urinary incontinence market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 2,364.9 million by 2030.
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Male Urinary Incontinence Market Scope
Male Urinary Incontinence Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America male urinary incontinence market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to male urinary incontinence market will help companies and investors design strategic landscapes.
Absorbents was the largest segment with a revenue share of 79.07% in 2023. Horizon Databook has segmented the Latin America male urinary incontinence market based on non-absorbents, absorbents covering the revenue growth of each sub-segment from 2018 to 2030.
Advancements in male UI products and an increase in the geriatric population are among the major factors likely to drive the market in Latin America. Companies such as Coloplast Group; Hollister, Inc.; and ConvaTec, Inc. have been investing heavily in R&D. The geriatric population is more susceptible to UI, such as weakened bladder muscles, prostate problems, and other underlying health conditions.
According to the Latin American and Caribbean Demographic Centre (CELADE), the geriatric population in Latin America was 88.6 million in 2022, which represents 13.4% of the overall population and is expected to increase up to 16.5% by 2030.
Moreover, the growing healthcare expenditure in most Latin American countries has been providing ample opportunities for players in the global market. For instance, as per a National Library of Medicine report, Brazil’s healthcare expenditure as a proportion of GDP in 2022 was 9.6% and that of Chile was 9.3%. In addition, there are various health agreements between private hospitals and the U.S. medical centers in Chile, Brazil, & Argentina.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America male urinary incontinence market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America male urinary incontinence market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America male urinary incontinence market size, by country, 2018-2030 (US$M)
Latin America Male Urinary Incontinence Market Outlook Share, 2023 & 2030 (US$M)
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