Continence Care Market Scope and Analysis Report by 2030
Continence Care Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 5.63 Billion |
Market Size by 2030 | US$ 8.73 Billion |
Global CAGR (2022 - 2030) | 5.6% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Future Opportunities:
The healthcare industry is constantly developing due to the increasing demand for continence care products from a large population globally, which has increased new product development, product launches, and approvals worldwide. Additionally, major market players are involved in research and development activities to ensure the innovation and development of efficient products. In recent years, various developments, in terms of product launches and approvals, have taken place in the market and are likely to create ample opportunities. For instance, in February 2021, Ontex (a leading global personal hygiene company) created a clever way to help incontinent patients by spurring innovation in adult care—a market steadily expanding in recent years.
The creative solution from Ontex consists of a premium diaper with a printed sensor, a transmitter that clips onto the diaper, and a mobile application. This combination notifies caregivers when a diaper needs to be changed and accurately measures the diaper's saturation level and leak risk. This helps patients receive personalized, individualized continence support, improving the well-being of users, families, and caregivers.
Thus, increasing product development and launches among market players will likely create ample opportunities and drive market growth in the coming years.
Competitive Landscape and Key Companies:
The continence care market forecast can help stakeholders in this marketplace plan their growth strategies. Hollister Incorporated, Coloplast, Alcare Co., Ltd., B. Braun SE, Convatec Inc, Cardinal Health, Boston Scientific Corporation, Essity, PAUL HARTMANN AG, and Kimberly-Clark Corporation are among the prominent companies profiled in the continence care market report. These companies focus on developing new technologies, upgrading existing products, and expanding their geographic presence to meet the growing consumer demand worldwide.