The silicone-based catheters are hypoallergenic, tissue friendly, and cause minor irritation than latex. Thus, for long-term and comfortable use, silicone catheters are generally suggested by physicians and surgeons. Silicone catheters are cuffed with sterile water for use up to 2 weeks, and the same is used with glycerin to avoid fluid diffusion for long-term usage.
The silicone-based catheters market is majorly comprised of top players involving Ribbel International Limited, Angiplast, Sterimed Group, MAIS India, C.R. Bard, Bactiguard AB, Teleflex Incorporated, B.Braun Melsungen AG., MEDASIL, and Convatec Inc, amongst others.
Bactiguard and B.Braun Melsungen AG- Notable Market Players in Silicone Based Catheters Market
The companies listed above are implementing various strategies that have resulted in the growth of the company and in turn, have brought about various changes in the worldwide market. Additionally, the companies have adopted several inorganic and organic strategies for accelerating their growth and improving their market position.
Below is the list of the growth strategies done by the players operating in the silicone based catheters market:
| Year | News |
| September 2019 | ConvaTec Group Plc. signed an agreement to purchase the assets of Southlake Medical Supplies, Inc., a Texas-based independent provider of catheter-related supplies. For the year ended 31 December, 2018 Southlake delivered revenues of approximately US$5.0 million. |
| Jan-2022 | Bactiguard’s indwelling urinary catheters (Foleys) approved for reimbursement in the Netherlands, which means that healthcare providers in the home care market can provide patients with Bactiguard’s products for infection prevention. This will also improve their quality of life. |
