Urinary Catheters Market

Urinary Catheters Market

DMI segments the Global Urinary Catheters Market by geography into – North America, South America, Europe, Asia-Pacific (APAC), and Middle East and Africa.

2021-02-26

The external catheters market is estimated to grow at a CAGR of 6.6% during the forecast period (2022-2029).

An external male catheter refers to a rubber sheath placed over the penis, which allows the emptying of the bladder without the use of a bedpan, toilet, or urinal. The external catheter is made from latex; however other materials are available for allergic to latex. In November 2019, American Medical Technologies (AMT), the leading independent provider of wound care solutions, partnered with TillaCare to introduce UriCap, an innovative external urine collection catheter for managing female urinary incontinence (UI) in the long-term care market across the United States. In February 2015, Medtronic acquired Advanced Uro-Solutions, a privately-held developer of neurostimulation products to treat bladder control issues based in Elizabethton. The acquisition aims to expand Medtronic’s portfolio offering external and Intermittent catheters. In the USA's NHANES III survey,  bladder pain syndrome, a chronic bladder pain condition presenting in patients without any identifiable cause prevalence, was rescored as 470 per 100,000 population, 60 per 100,000 men and 850 per 100,000 women.  The numbers indicate that nearly 83,000 men and 1.2 million women have bladder pain syndrome in the USA. In Europe, prevalence figures are much lower: 8–16 per 100,000 women. These facts and figures indicate the rising number of bladder-related diseases in the USA and Europe; this factor will drive the growth of the market of external catheters in the forecast period. In October 2017, the British company Kimal and the Egyptian company Arab Medical Equipment Company (AMECO) set up a joint venture to launch a state-of the-art-facility in Cairo for catheter production is set to start at an investment of $4 million. The project should provide the Egyptian healthcare industry with innovative products, enhanced treatment equipment, and export opportunities to 25 new countries.

Over the years, the rise in patient acceptance of external catheters in managing chronic urinary retention is noteworthy, accruing to large revenue gains to devise manufacturers. They are striving for effectiveness, reliability, safety, cost-effectiveness, and efficacy. Most importantly, these external catheters can be used by patients themselves, i.e., self-catheterization will be done by them; this will save the doctors cost.

In November 2015, Coloplast Continence Care, the leading provider of product innovations for conditions affecting bladder and bowel functions, launched SpeediCath. The SpeediCath Compact Male all-in-one design external catheters are instantly ready to use, featuring "no-touch" insertion and withdrawal that provides a level of convenience and is usable anywhere, anytime.

In the United States, bladder cancer is the sixth most incident neoplasm. 90% of bladder cancer diagnoses are made in those 55 years of age and older, and the disease is four times more common in men than women. While the average 5-year survival in the US is 77%, the 5-year survival for those with metastatic disease is a measly 5%. This will further propagate the market of external catheters in the forecast period.

According to the Continence Foundation of Australia, 4.8 million people were suffering from urinary incontinence in Australia in 2010; this number is estimated to reach 6.5 million by 2030.  The growing number of people suffering from urinary and bladder diseases worldwide and the easy use of external catheters by patients are driving the market growth of external catheters in the forecast period.

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Tel: +1 877 441 4866

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