Urinary Catheters Market Trends and Forecast 2031

The Urinary Catheters Market size was estimated to be US$ 3478.78 million in 2021 and US$ XX million in 2023 and is expected to reach US$ 7986.69 million by 2031; it is estimated to record a CAGR of 8.8% in  till 2031. Increasing number of surgical procedures have increased the demand of urinary catheterization is likely to remain key Urinary Catheter Market trends.

Urinary Catheter Market Analysis

In recent years, there has been a considerable development in the field of medicine. The increasing number of surgical procedures have increased the demand of urinary catheterization. Urinary catheters are used to keep the bladder empty during and after the surgical procedure. In urological surgery or other surgery on contiguous structures of the genitourinary tract, the prolonged duration of the surgery, usage of large-volume infusions or diuretics during surgery, and need of monitoring of intraoperative urinary output are the major factors increasing the demand of urinary catheters during the surgical procedures. Such substantial adoption in surgical procedures of urinary catheters is driving the growth of Urinary Catheters market.

Urinary Catheters Market Overview

The growth of the Urinary Catheters market is attributed to some key driving factors such as increasing number of surgical procedures. However, urinary catheters can sometimes allow bacteria to enter the body which is one of the major factors hindering the urinary catheters market growth. Global urinary catheters market is segmented by region into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. In North America, the US is the largest market for urinary catheters. The growth of the region is attributed to availability of interventional products and growing geriatric population. In addition, continuous product developments is further expected to stimulate the growth of urinary catheters market in North America.

The Asia Pacific region is expected to account for the fastest growth in the urinary catheters market. Rising prevalence of urinary incontinence in emerging economies such as China and India are one of the factors driving the Asia Pacific urinary catheters market growth at present and is also expected to continue a similar trend during the forecast period.

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Urinary Catheters Market: Strategic Insights

Urinary Catheters Market

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  CAGR (2023 - 2031)

  8.8%
• Market Size 2021
  US$ 3478.78 Million
• Market Size 2031
  US$ 7986.69 Million

Market Dynamics

GROWTH DRIVERS

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FUTURE TRENDS

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OPPORTUNITIES

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Key Players

• Coloplast
• Hollister Incorporated
• Boston Scientific Corporation
• Medtronic
• Urocare Products Inc
• BD C R Bard
• ConvaTec Inc
• Cure Medical LLC
• B Braun Melsungen AG
• Bactiguard

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Product

• Intermittent
• Foley
• Condom

Application

• Urinary Incontinence
• Benign Prostate Hyperplasia
• Bladder Dysfunction
• Spinal Cord Injury

Gender

• Male
• Female

End User

• Hospitals
• Long-Term Care Facilities

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Urinary Catheters Market Drivers and Opportunities

Growing Geriatric Population to Favor United States Market

According to the Population Reference Bureau, the number of Americans ages 65 and older is projected to increase from 58 million in 2022 to 82 million by 2050 (a 47% increase), and the 65-and-older age group's share of the total population is projected to rise from 17% to 23%, as of 2024. People with long-term urinary retention often include those with spinal cord injury/disease, multiple sclerosis, enlarged prostate, or cerebrovascular accident. Indwelling urethral or suprapubic catheters are primarily used in the treatment of urinary retention in those who cannot perform clean intermittent catheterization due to limited hand dexterity or alterations in cognition. Indwelling urinary catheters may be used as well to provide supportive care for those with severe incontinence who cannot manage otherwise, are terminally ill, or need short-term treatment of pressure ulcers. This need is likely to drive the United States urinary catheters market during the forecast period.

Technological Developments – An Opportunity of Urinary Catheters Market

In May 2022, a new urinary catheter was designed to reduce nursing workload and patient discomfort by minimising the chance of blockages and infections. This product progressed through the initial stages of its first patient trial in the UK.  The Flume catheter was launched at the American Urological Association’s 2022 annual meeting in New Orleans, which Dr Havard attended. In February 2023, Coloplast launched male catheter named Luja designed to reduce the risk of urinary tract infections problems prevailing across the globe. The new intermittent catheter Luja addresses important risk factors for urinary tract infections, a significant burden for people using intermittent catheters as well as healthcare systems as a whole. Such technological advancements in recent years is likely  to generate attractive growth opportunity for the urinary catheters market.

Urinary Catheters Market Report Segmentation Analysis

Key segments that contributed to the derivation of the Urinary Catheters Market analysis are product and application.

• Based on product, the urinary catheters market is segmented intermittent, foley, and condom catheters. In 2023, the intermittent segment held the largest share of the market, by product. This segment is also expected to grow at the fastest rate during the coming years owing to the its ease of use, cost-effective nature, reduced risk of urinary tract infections, and increasing demand of it as an effective solution among the patient population. Intermittent catheters are thin tube catheters majorly composed of rubber, vinyl, and silicone. These catheters are designed to empty the bladder for the patients who need short-term catheter-based management or effective bladder management required due to idiopathic or neurogenic bladder dysfunction. Intermittent catheters are inserted through the urethra and into the bladder to withdraw the urine from bladder. These intermittent catheters are majorly used for the patient population in hospitals, nursing homes, and home-care environments. The growth of this intermittent catheters is expected to grow significantly in the coming years. This is primarily attributed to its ease of use, cost-effective nature, reduced risk of urinary tract infections, and increasing demand of it as an effective solution among the patient population.
• Based on application, the urinary catheters market is segmented into urinary incontinence, bladder dysfunction, benign prostate hyperplasia, and spinal cord injury. In 2023, Urinary incontinence segment held the largest share of the market, by application and is expected to grow at the fastest rate during the coming years owing to the increasing incidences of urinary incontinence in the geriatric population. Urinary incontinence also known as involuntary urination is a medical condition which cause uncontrolled leakage of urine. This is a symptom associated with various other health related problems. Urinary incontinence is more common among women than men. According to a study by the American Urological Association (AUA) it was estimated that 30% of females of the age group 30-60 suffered from urinary incontinence compared to 1.5-5% of males. Moreover, urinary incontinence is one of the major problems affecting the geriatric population. According to a report of United Nation (2017), the number of people aged 60 or over were 962 million in 2017 which was estimated to reach 2.1 billion by 2050. The rapid growth in the geriatric population is also expected to increase the burden of urinary incontinence. This also expected to fuel the growth of the overall urinary catheters market.

Urinary Catheters Market Share Analysis by Geography

The geographic scope of the Urinary Catheters Market report is mainly divided into five regions: North America, Asia Pacific, Europe, the Middle East & Africa, and South America/South & Central America.

North America has dominated the Urinary Catheters Market. According to the Population Reference Bureau, the number of Americans ages 65 and older is projected to increase from 58 million in 2022 to 82 million by 2050 (a 47% increase), and the 65-and-older age group's share of the total population is projected to rise from 17% to 23%, as of 2024. Older population mostly needs urinary catheters as their movement is partly impossible during hospitalizations. Such a factor is expected to assist the regional growth of urinary catheters market. Asia Pacific is anticipated to grow with the highest CAGR in the coming years.

Urinary Catheters Market Report Scope

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Urinary Catheters Market News and Recent Developments

The Urinary Catheters Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for urinary catheters and strategies:

• In Jan 2023, CATHETRIX, one of the innovative developers of urinary (Foley) smart catheter fixation devices, commercially launched its catheter stabilizer for the prevention of urinary tract infections (UTIs) and accidental Foley catheter extractions at Arab Health 2023.  (Source: HospiMedica International staff writers, Press Release, 2023)

Urinary Catheters Market Report Coverage and Deliverables

The “Urinary Catheters Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Market dynamics such as drivers, restraints, and key opportunities
• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
• Detailed company profiles