Urinary Catheters Market

SKU: DMMD1399 | Last Updated On: Aug 29 2022 | Available Formats

> Urinary Catheters Market Expected to reach a high CAGR of 5.90% By 2029: DataM Intelligence

Urinary Catheters Market is segmented By Product Type (Internal Urinary Catheters, External Urinary Catheters, and Indwelling (Foley) catheters), By Application (Urinary incontinence, Benign prostate hyperplasia (BPH), Spinal cord injury, and Other), By End User(Hospitals,  Ambulatory Surgery Clinics, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Urinary Catheters Market size was valued at USD 2,116.80 million in 2021 and is estimated to reach at a compound annual growth rate (CAGR) of 5.9% over the forecast period 2022 to 2029. The urinary catheter is a long hollow flexible tube needed for emptying the bladder and collecting the urine in a drainage bag. The material of the tube may be rubber, silicone, or plastic. If the bladder is not emptied, pressure is created in the kidney, which, under severe conditions, may lead to kidney failure. The increasing occurrences of urinary incontinence, the huge prevalence of prostate cancer, and raised number of surgical processes globally are projected to boost the urinary catheter market growth. Some of the additional factors that are fuelling the growth of the market are patients suffering from urinary dysfunctions necessity of catheterization for management and urine drainage.

According to the report, the North American region controlled the global urinary catheters market, and remains its dominance is projected to continue overall forecast period 2022-2029. The upsurge in the North American region is attributed to factors like increased income and the presence of the Urinary Catheters Market major players. In this region, the USA Urinary Catheters Market is anticipated to control the region over the forecast period, due to a rising individual per capita income in urban areas and increased awareness about the use of catheter devices in the healthcare industry majorly influencing the market demand.

The Urinary Catheters Market in Canada is projected to record the second biggest country next to the USA, owing to factors such as increasing awareness among the patient about urinary catheters and the increasing usage of catheters which leads to the growth of Canada’s Urinary Catheters Market during the forecast period 2022-2029.

European Urinary Catheters Market obtained the second largest region in terms of market share in the global market in 2020 and continues its dominance over the forecast period. The Asia Pacific is to show the fastest growth and also register a lucrative urinary catheter market during the research timeframe. Drivers such as increasing awareness linked to urinary incontinence and its treatment the presence of a huge population, rising familiarity with urinary self-catheters, and the growth of healthcare sectors are probably to push the Urinary Catheters Market growth.

Latin American Urinary Catheters Market has acquired the stable and constant growth of the global market, the surge of the market is accounted owing to elements such as increasing funds from public and private government and organization activities for the enhancement of healthcare facilities. As per analysis, the middle east and Africa have produced the lowest share of the global Urinary Catheters Market in the past several years, it is projected to have a somewhat inclined growth rate in the next coming years.

Urinary Catheters Market Segment Analysis

The urinary incontinence segment is expected to grow at the fastest CAGR during the forecast period (2022-2029) 

Urinary incontinence is a urinary problem in which there is the involuntary leakage of urine takes place. It means a person urinates when they do not want to. Control over the urinary sphincter is either lost or weakened. There are various causes that can cause urinary incontinence, with trauma and disease being among the top reasons.

According to the American Urological Association, one-quarter to one-third of men and women in the United States experience urinary incontinence. Urinary incontinence is more common among women than men. An estimated 30 percent of females aged 30-60 are thought to suffer from it, compared to 1.5-5 percent of men. Geriatric people are more likely to suffer from urinary incontinence than younger demographics, as the muscles that control urination get weaker with age, resulting in various problems related to incontinence. In September 2019, a study showed that surgery may be beneficial for women suffering from stress incontinence and urgency incontinence. The study contradicts the conventional wisdom in this area, which states that surgery may be a hindrance rather than a benefit in cases of mixed urinary incontinence, and is thus likely to remain important in the coming years.

According to the American Urological Association, prostate or bladder cancer can also cause urinary incontinence. In some cases, treatments for cancer can also make it harder to control the bladder. Even benign tumors can cause urinary incontinence by blocking the flow of urine. Some lifestyle factors can also cause temporary bouts of incontinence such as drinking too much alcohol, caffeinated beverages, or other fluids can cause you to temporarily lose control of your bladder.

Urinary incontinence is estimated to occur in around 2–3 percent of teenagers. Teenagers with incontinence are at an increased risk of underachieving at high school in the USA. Almost 25 percent of women experience urinary stress incontinence for at least 1 year following childbirth. Many women report that a weak bladder deters them from participating in sports, or prompts them to give up altogether.

According to the National Institute of Diabetes and Digestive and Kidney Diseases, almost  11–34 percent of older men population is affected by urinary incontinence

Urinary Catheters Market Scope

Metrics

Details

Market CAGR

5.9%

Segments Covered

By Product Type, By Application, By End User, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America


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Urinary Catheters Market Growth Dynamics

The global urinary catheter market growth is driven by the rising prevalence of urinary incontinence, the growing geriatric population, the increasing rates of obesity, and the technological advancements in the material used for catheters are among the key factors driving the market growth.

The rising technological advancements are expected to drive the global urinary catheter market during the forecast period.

Increasing technological advancement in product design and features of urinary catheters is one of the major factors boosting the growth of the urinary catheter market globally.

UroShield (NanoVibronix) is introduced which is a disposable ultrasound device designed to reduce the risk of catheter-associated urinary tract infection (CAUTI). UroShield is used to prevent CAUTIs in people with indwelling urinary catheters. The technology is likely to be used in hospitals, nursing homes, and in a community settings. The technology would typically be administered by healthcare professionals who insert catheters. This may include registrars, general practitioners, urology nurse specialists, district and community nurses, and continence care nurses.

On April 3rd, 2020, Bactiguard, a Swedish medical device company, launched a new urinary catheter – BIP Foley TempSensor for patients in intensive care, surgery, and other conditions where continuous temperature monitoring is important.

In October 2019, CATHETRIX, an innovative developer of urinary (Foley) smart catheter fixations, launched the world's first Foley catheter stabilizer which actively prevents possible damage to the bladder and urethra from accidental urinary catheter extraction.

In August 2018, Bactiguard introduced two-line extensions to its BIP Foley Catheter; Female adapted to the female anatomy, and Tiemann, which facilitates catheterization of men. BIP Foley Catheter reduces the risk of catheter-associated urinary tract infections, which are common when using indwelling catheters

Complications associated with urinary catheters are likely to hinder the market growth

According to BMC Urology, indwelling urinary catheters are the leading cause of healthcare-associated urinary tract infections (UTIs).

Catheter-associated urinary tract infection, CAUTI, is the most frequent healthcare-associated infection of which a large proportion is caused by indwelling urinary catheters. Bacteria or fungi enter the urinary tract via the catheter. There they can multiply, causing an infection. CAUTI can lead to serious complications that cause a great deal of suffering for the patient, higher mortality rate, and increased healthcare costs.  An untreated UTI can lead to a more serious kidney infection. In addition, people with catheters may already have conditions that compromise their immune systems. Fighting off a CAUTI can cause further immune system stress. This makes people more vulnerable to future infections.

Some of the other complications caused by using a urinary catheter include allergic reaction to the material used in the catheter, such as latex, bladder stones, blood in the urine, injury to the urethra, kidney damage (with long-term indwelling catheters), septicemia, or infection of the urinary tract, kidneys, or blood. Hence, such complications are hindering the growth of the urinary catheter market.

COVID-19 Impact Analysis

COVID-19 has resulted in major disruptions to businesses and economic activities globally and is expected to have a short-term negative impact on the urinary catheter market. It is used for surgical applications are expected to be impacted to some extent due to the temporary postponement of various elective surgeries as governments and authorities seek to ensure the availability of resources for COVID-19 patients. Various governments have provided regulations on elective surgeries to reduce the strain on the healthcare system, decrease disease transmission, and conserve personal protective equipment (PPE). As of March 18, 2020, the US CMS announced that all elective surgeries and non-essential medical, surgical, and dental procedures would be delayed. Moreover, other areas that are negatively impacted include the supply of products meant for hospitals (including ICUs, emergency rooms, neurological care centers, and trauma patients) due to lockdowns and mobility restrictions in various countries around the globe. Though, businesses will likely revive and resume normalcy once restrictions on elective surgeries and movement are lifted.

Geographical Analysis

North America region holds the largest market share of the global urinary catheters market

North America is the most lucrative market for urinary catheters in the world. The growth in the region is due to the well-established healthcare infrastructure and rapid adoption of urinary catheters in the healthcare ecosystem.

In the USA the dominance is driven by the proliferation of various diseases in which catheterization is needed. According to the United States Census Bureau (2020), 150 million are diagnosed with these disorders. It is expected that the number will rise to 98.2 million by 2060. The older population has an increased susceptibility to spinal cord injury (SCI), urinary incontinence, and benign prostate hyperplasia.

According to the National Association for Incontinence (NAFC), in North America, nearly 200 million people are affected by urinary incontinence. As per WomensHealth.gov, urinary incontinence is twice as common in women as in men, whereas stress urinary incontinence is most common among women who are pregnant, giving birth, or going through menopause. These are the major reasons for the rise in the urinary catheter market in the region.

In February 2019, Safe Medical Design Inc. (SMD), a medical device company dedicated to developing safe and cost-effective solutions in urology, announced that the US FDA cleared the Signal Catheter for commercialization in the US.

According to the American Society of Nephrology, urologic conditions are the third most common complaint among people aged 65 and above in the U.S., accounting for approximately 47% of the total number of physician visits. Similarly, as per the Canadian Cancer Society, in 2020, around 12,200 people were diagnosed with bladder cancer, and 2,600 people died due to bladder cancer. Thus, an increasing number of BPH-related surgical procedures and rising cases of bladder cancer are driving the market in North America.

Urinary Catheters Market Competitive Landscape

The global urinary catheter market is moderately consolidated with the presence of major players and small emerging players. The Key players in the urinary catheter market are B. Braun Melsungen, Coloplast A/S, C.R. Bard, Inc., Hollister Incorporated, Medtronic plc, Teleflex Incorporation, ConvaTec Group plc, Urocare Priducts, Inc among others. The major companies are entering into collaborations, mergers, strategic partnerships, and acquisitions to increase the demand for Urinary Catheters Market and their expansion across the globe. For instance, in April 2020, Bactiguard launched a new product named, BIP Foley TempSensor for continuous temperature monitoring. This product is designed for patients in intensive care units or has undergone severe surgery and other conditions where continuous temperature monitoring is essential.

Key Companies to Watch

B. Braun Group

Overview: B. Braun is one of the world's leading providers and manufacturers of healthcare solutions. B. Braun provides incorporates the entirety of our knowledge and skills, the company's deep understanding of users' needs, and extensive expertise since 1839. B. Braun makes a substantial contribution towards protecting and improving people's health with its constantly growing portfolio of effective medical care solutions.

Product Portfolio: Actreen Mini Cath is a new generation of mini urinary catheters designed for female catheterization. It's an easy & ready to use catheter designed with a new more feminine and modern design

The global Urinary Catheters market report would provide an access to an approx. 40+ market data table, 45+ figures and 180 pages. 

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