Urinary Catheters Market: to Witness Significant Growth During 2017 - 2021

The market for urology devices is witnessing a substantial growth in recent years, owing to the rise in urinary diseases and increasing awareness about the different types of devices used in urinary infections and diseases. A urinary catheter is used to drain out urine by inserting a catheter in patient’s bladder. A rise in the number of surgeries across the globe is resulting in the increasing demand for urinary catheters. Manufacturers are working on developing new products with special focus on patient’s comfort. Increasing popularity of home-based hemodialysis and fixer occluder devices are some of the latest trends in the global urinary catheter market.

Major companies are also launching new products to hold their position in the global market for urinary catheter. These new product launches include the use of better materials that have biocompatibility. Silicone Foley catheter is preferred as it has longer life and minimizes the chances of irritation or infection.

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According to the report by Persistence Market Research (PMR), the global urinary catheter market is likely to see a moderate growth during 2017-2021. The global market for urinary catheter is estimated to reach US$ 1,755.0 Million revenue by 2021 end.

Intermittent Catheter to Gain Maximum Traction in the Global Urinary Catheter Market

Compared to various urinary catheter products, intermittent catheter is gaining a lot of traction in the market as intermittent catheterization is the primary choice as it is safe method. It has very few contraindications and allows normal bladder dynamics. Also the chances of developing infections, blockage and bladder spasms is reduced with intermittent catheter. Moreover, intermittent catheterization also reduces the risk urinary tract infection, improves possibility of renal recovery. The single-use intermittent catheter is most preferred for intermittent catheterization as it is convenient and also lower the risk of long and short-term complications.

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Rise in Prostate Gland Surgery to Drive the Demand for Urinary Catheters

Prostate cancer is one of the leading causes of cancer death. In western countries, prostate cancer remains an important health concern, however, it is an emerging issue in developing nations. Prostate cancer is one of the most common cancers in the U.S. hence, the country has the most active prostate cancer detection programs in the world. This is leading to the rise in prostate gland surgery. Hence, the demand for urinary catheter is also increasing due to the growing number of prostate gland surgery performed worldwide. Urinary catheters are used after prostate gland surgery as it helps drain urine from bladder and also allows area to heal where prostate was removed.

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