Urinary Catheters Market size to grow by USD 2.43 billion from 2023-2028| Adapta Medical Inc., Amsino International Inc., B.Braun SE, Bactiguard Holding AB, and more among key companies - Technavio

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The Urinary Catheters Market size is expected to grow by USD 2.43 billion, accelerating at a CAGR of over 7.63% during the forecast period, according to Technavio Research. Companies are implementing various strategies like forming partnerships, mergers, expanding into new areas, and launching new products to improve their market position. The report also offers detailed analyses of the market's competitive landscape, featuring information on leading companies including Adapta Medical Inc., Amsino International Inc., B.Braun SE, Bactiguard Holding AB, Becton Dickinson and Co., Boston Scientific Corp., Cardinal Health Inc., Coloplast AS, ConvaTec Group Plc, Cook Group Inc., Cure Medical LLC, Go Medical Industries Pty Ltd., Hollister Inc., J and M Urinary Catheters LLC, Manfred Sauer GmbH, Medi Globe Technologies GmbH, Medtronic Plc, Ribbel International Ltd., ROCAMED and Teleflex Inc. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Read PDF Sample Report

Urinary Catheters Market 2024 – 2028: Company Profile:

Adapta Medical Inc. - The company offers urinary catheters such as PerfIC Cath Hybrid with extraordinary benefits over existing intermittent catheters.

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Urinary Catheters Market 2024 – 2028: Regional Analysis

Europe is expected to make a 31% contribution to the global market's growth during the forecast period. In North America, the urinary catheters market is steadily expanding, with significant growth prospects. The United States serves as a major revenue source, driven by factors such as the aging population, the increasing prevalence of urinary incontinence, technological advancements, and a growing demand for coated catheters. Moreover, the rising need for advanced intermittent catheters, external catheters, and improved catheter tip designs is fueling market growth in this region. Factors such as the rapid adoption of self-catheterization, increased use of biocompatible catheter materials, and favorable reimbursement options further contribute to the market's growth in North America.

Urinary Catheters Market 2024 – 2028: Segmentation Analysis

The market has segmented by Product (Internal urinary catheters and External urinary catheters), Gender (Male and Female), and Geography (North America, Europe, Asia, and Rest of World (ROW)).

The internal urinary catheters segment is poised for substantial market share growth during the forecast period. These catheters, which are hollow and partially flexible tubes, are designed for addressing urinary incontinence. Within this segment, you have two main types: Foley or indwelling catheters and intermittent catheters. Indwelling or Foley catheters can remain in the bladder for different durations, depending on the patient's condition.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a PDF Sample Report

Urinary Catheters Market 2024 – 2028: Driver & Trend:

Driver

• Growing demand for antimicrobial-coated urinary catheters is a key market driver.
• Urinary tract infections (UTIs) account for a significant portion of nosocomial infections, leading to high morbidity and extended hospital stays.
• Urinary catheters, widely used in hospitals and home-care settings, are linked to high rates of CAUTI (Catheter-Associated Urinary Tract Infection).
• Manufacturers are investing in R&D to develop user-friendly and clinically effective catheter products.
• Innovations like Bard's BARDEX I.C. catheters with Bacti-Guard silver alloy coating and BARD hydrogel, along with Medtronic's silver-coated urological products, enhance infection prevention.
• Advanced catheters like the MAGIC3 Antibacterial Hydrophilic Catheter by Bard, containing nitrofurazone, inhibit UTI-causing pathogen growth, boosting market adoption.

Trend - The emergence of female external catheters is an emerging trend shaping the market growth.

Identify key trends, drivers, and challenges in the market. Download the sample report to gain access to this information

Related Reports:

Catheters Market: The catheters market size is estimated to grow at a CAGR of 7.86% between 2022 and 2027. The market size is forecast to increase by USD 16,348.19 million.

Intermittent Catheters Market: The intermittent catheters market size is estimated to grow at a CAGR of 7.01% between 2023 and 2027. The market size is forecast to increase by USD 1,101.86 million.

What are the key data covered in the urinary catheters market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the urinary catheters market between 2024 and 2028.
• Precise estimation of the urinary catheters market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of urinary catheters market vendors.

TOC:

1. Executive Summary
2. Market Landscape
3. Market Sizing
4. Historic Market Sizes
5. Five Forces Analysis
6. Market Segmentation by Product
7. Market Segmentation by Gender
8. Market Segmentation by Geography
9. Customer Landscape
10. Geographic Landscape
11. Drivers, Challenges, & Trends
12. Company Landscape
13. Company Analysis
14. Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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