The urinary catheter is a flexible tube that collects urine from the bladder and collects urine in a drainage bag. A person uses it if they face difficulty in passing the urine naturally. Catheters can be use for a blockage in the urethra, congenital disabilities affecting the urinary tracts, kidney, or ureter. There are mainly three types of catheters indwelling catheters, condom catheters, and intermittent catheters. A urinary catheter may be compose of silicone, plastic, or rubber. However, urinary catheters can cause urinary tract infections. Thus it is necessary to take care of the catheters to prevent infection.
The global urinary catheter market was $2.11 billion in 2021, and by 2030 it is expected to reach $3.4 billion with a CAGR of 5.5% 2021-2030.
Drivers of the Urinary Catheter Market
The high incidence of urinary incontinence is a major factor driving global demand for urinary catheters. The elderly population and nursing home patients have higher prevalence rates. Urinary catheters can be use to treat and manage incontinence that cannot be handle or manage with medications or surgery. The occurrence of urinary incontinence is expect to rise as the population ages and obesity rates rise, as these are the two major risk factors for urinary incontinence.
Technological advancements, increased disposable income, rising regulatory approvals, and urinary catheter companies’ R&D investments are also critical factors driving the growth of the urinary self-catheters market.
Catheterization is a painful procedure that the patient must go through. If poorly polish catheters can be use for insertion and removal, friction may form between the device’s surface and the urethral walls. It is among the most important factors limiting the market’s growth.
Countries still developing, such as India, China, Brazil, Mexico, and Brazil, have a lot of room to grow in the urinary catheter market. The future growth opportunities can be assign to an increasing number of regulatory approvals, a growing patient population, rising healthcare expenditure, and improvements in healthcare infrastructure.
- Indwelling catheters, intermittent catheters, and external catheters are the three product groups that make up the urinary catheter market.
In 2021, the intermittent catheters segment led the market with a revenue share of more than 57%. A bladder catheter is a medical device use to empty the bladder. It provides an effective alternative to a continuously draining catheter. In patients with spinal cord lesions and neurogenic bladder problems, intermittent catheterization is consider the gold standard for bladder emptying. These products are choose over indwelling catheters, which frequently result in UTIs. The availability of reimbursement for these catheters through Medicaid and Medicare programs contributes to the segment’s expansion.
- On the basis of type, the urinary catheter market is segment into coated and uncoated catheters.
Coated catheter segments dominated the overall urinary catheter market during the forecast period with a consistent CAGR. Comfortable insertion, reduce risk of urethral damage, low risk of catheter-associate urinary tract infection, and improved patient satisfaction are factors attribute to the growth.
- On the basis of application, the market can be divides into urinary incontinence, general surgery, benign prostatic hyperplasia, and other applications.
The Urinary Incontinence (UI) segment led the market in 2021, accounting for more than 37% of total revenue. This industry is predict to grow at a reasonable CAGR. The growing geriatric population, the increasing incidence of obesity, and the increasing incidence of urinary incontinence are all attributed to the growth of the population.
North America dominate the global market in 2021 with a revenue share of more than 34.58% and is expected to grow significantly. The rising incidence of diseases such as bladder obstruction, UI, Benign Prostatic Hyperplasia (BPH), urinary retention, and bladder cancer is boosting the regional market. According to the National Association for Continence, people over 40 are more likely to suffer from an Overactive Bladder (OAB) and urinary urgency.
During the forecast period, Asia Pacific is expected to be the fastest-growing regional market. The industry is driven by the increasing number of spinal cord injury, BPH, and UTI cases. It is associated with high mortality rates, especially in hospitals, and imposes a significant financial burden on the community. Thus, rising UTI risks drive the Asia Pacific market, particularly in women of advanced age, constipation, vaginal deliveries, parity, obesity, surgery, and chronic respiratory problems.
Major players in the urinary catheter market include:
- Hollister, Inc
- Medtronic PLC
- Boston Scientific Corporation
- Becton Dickinson And Company
- Cook Medical
- Teleflex, Inc
- Medline Industries, Inc.