The global urinary catheters market is expected to reach USD 8.0 billion by 2030, registering a CAGR of 5.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing number of patients suffering from urinary tract infections (UTI) and blockages in the urethra are anticipated to boost the product demand. The advent of technologically advanced products is also expected to drive market growth. For instance, RIOCATH - a Reversal Inside Out Catheterization, developed by Riocath global in collaboration with IOCB Prague, reduces the chances of infections in the body.
The COVID-19 pandemic had a positive impact on the urinary catheters market. The National Center for Biotechnology Information (NCBI) reported in 2020 that the use of indwelling urinary catheters, as well as Central Venous Catheters (CVC), increased during the early stages of the COVID-19 pandemic, which is expected to boost the market. Moreover, several manufacturers are offering products such as coated urine catheters with temperature monitoring to ICU patients as stronger protection against secondary infections, which is expected to boost the market growth in the coming years.
Furthermore, technological advancements play a crucial role in fueling market growth. For instance, miniaturized catheters & introduction of antimicrobial catheters to reduce catheter-associated infections are expected to favor the urinary catheter market growth. In April 2020, Bactiguard launched a new urinary catheter- BIP Foley TempSensor, for patients in intensive care, surgery, and other conditions where continuous temperature monitoring is important.
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In terms of product, the intermittent catheters segment dominated the overall market for the largest revenue share of over 57.5% in 2022. This can be attributed to the increasing number of patients suffering from various urinary disorders
Urinary Incontinence (UI) emerged as the largest application segment and accounted for the largest revenue share of more than 37.1% in 2022, owing to the increasing prevalence of the disease. Factors such as surgery of the prostate gland, spinal cord injury, injury to the bladder nerves, blockage in the urine due to kidney stones, and blood clots in the urine can cause UI
North America dominated the market with the highest revenue share of 34.4% in 2022, owing to a high incidence rate of chronic disorders as well as the availability of highly skilled physicians on this continent
Grand View Research has segmented the global urinary catheters market based on product, application, type, gender, end-user, and region:
Urinary Catheters Product Outlook (Revenue, USD Million, 2018 - 2030)
Intermittent Catheters
Foley/ Indwelling Catheters
External Catheters
Urinary Catheters Application Outlook (Revenue, USD Million, 2018 - 2030)
Benign Prostate Hyperplasia & Prostate Surgeries
Urinary Incontinence
Spinal Cord Injury
Others
Urinary Catheters Type Outlook (Revenue, USD Million, 2018 - 2030)
Coated Catheters
Uncoated Catheters
Urinary Catheters Gender Outlook (Revenue, USD Million, 2018 - 2030)
Urinary Catheters End-user Outlook (Revenue, USD Million, 2018 - 2030)
Hospital
Clinics
Long-Term Care Facilities
Others
Urinary Catheters Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
Asia Pacific
Japan
China
India
Australia
South Korea
Thailand
Latin America
Mexico
Brazil
Argentina
Middle East and Africa
South Africa
Saudi Arabia
UAE
Kuwait
List of Key Players in the Urinary Catheters Market
Hollister, Inc.
Medtronic PLC
Boston Scientific Corp.
BD (C.R. Bard, Inc.)
Cook Medical
ConvaTec, Inc.
Teleflex, Inc.
Coloplast
B. Braun Melsungen AG
Medline Industries, Inc.
J and M Urinary Catheters LLC.
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