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Urinary Catheters Market : Key Players, Growth, Analysis 2017 to 2023

Author: Kishor Deochake
by Kishor Deochake
Posted: Nov 30, 2018

Our latest research report entitled Urinary Catheters Market (by product (external catheters, foley/ indwelling catheters, and intermittent catheters), application (spinal cord injury, urinary incontinence, benign prostate and hyperplasia)) provides complete and deep insights into the market dynamics and growth of Urinary Catheters. Latest information on market risks, industry chain structure Urinary Catheters cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Urinary Catheters growth factors.

The forecast Urinary Catheters Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Urinary Catheters on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. Urinary catheter is flexible tube, generally made up of silicone, latex or polyurethane, inserted through the tube that carries urine to collect the urine in a drainage bag. Urinary catheters are inserted by doctors or nurses through small opening created to a lower abdomen. With increased stress at workplaces and busy lifestyles of the people worldwide, the number of health disorders such as bladder dysfunction, kidney failure, chronic diseases and other disorders have increased significantly. As a result the prevalence of bladder disorders has increased. With rising cases of bladder disorders the usage of urinary catheters to collect the urine to empty the bladders has escalated over the past few years.

Ask for Sample Copy of Research Report with Table of Content @ https://www.infiniumglobalresearch.com/reports/sample-request/832

The global urinary catheters market was valued at USD 1.88 billion in 2016 and it is projected to grow at a CAGR of 4.6% over the forecast period to reach to USD 2.57 billion in 2023. A majority of the growth in the market is anticipated to come from the markets of North America and Europe over the period of 2017 to 2023. The global urinary catheters market is driven by factors such as growing prevalence of urinary disorders among the ageing population, growing % of geriatric population, and favorable reimbursement policies in the developed markets. On the other hand, the growth in the global urinary catheters market is restrained by factors such as infections caused due to inappropriate use of urinary catheters and availability of alternative treatment for urinary incontinence.

Among the types of urinary catheters, intermittent catheter accounted for the largest market share and this trend is projected to continue over the next 6 years. Increasing geriatric population segment which is more exposed to urinary incontinence and obesity issues coupled with increasing number of surgical procedures are projected to support the growth in this market over the next 6 years.

North America accounted for the largest share in the urinary catheters market. The Asia-Pacific region is projected to grow at a CAGR of X.X% over the forecast period which is higher growth rate than other regions in the global urinary catheters market. The urinary catheters market in the Asia-Pacific region is expected to grow at a faster rate owing to increasing number of hospitals, improving healthcare infrastructure, increasing incidence of urinary incontinence, and growing geriatric population

Segments Covered

The report on global urinary catheters market covers segments such as application and product. The application segments include spinal cord injury, urinary incontinence, benign prostate hyperplasia (BPH) and others. On the basis of product, the global urinary catheters market is categorized into external catheters, foley/ indwelling catheters and intermittent catheters.

Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/healthcare-medical-devices/global-urinary-catheters-market

About the Author

Infinium Global Research and Consulting Solutions is started with a single motto of being business partner of first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position.

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Author: Kishor Deochake

Kishor Deochake

Member since: Nov 20, 2018
Published articles: 461

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