Urinary Catheters  Market Size Growth with Top Leading Players, Growth Key Factors, Global Trends, Industry Share, and Forecast 2022-2031

Kenneth Research has recently added a report titled Urinary Catheters Market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2022-2031.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Urinary Catheters Market products.

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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.

Global Urinary Catheters Market is valued approximately at USD 1.9 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2020-2027.   Urinary catheters are used  in patients with urinary incontinence, urinary dysfunction and other urological conditions. A urinary catheter is a versatile tube used to empty the bladder and store urine in a drainage bag,  that a medical practitioner typically implants into the patient’s bladder. The urinary catheter may be inserted either by a urethral catheter or through a small opening created in the lower mid-region (suprapubic catheter). Growing cases of urinary incontinence, increasing number of surgical procedures across the globe, high incidence of prostate cancer, and the favorable reimbursement scenario are expected  to fuel growth on the global urinary catheter industry. According to the International Continence Society, 63 million people worldwide suffered from acute urinary incontinence in 2018.

In addition, urinary incontinence prevalence rates are higher in the elderly population and among nursing home patients. Rising geriatric population is also projected to fuel demand growth. For example , the World Health Organization expects geriatric population to hit 2 billion by 2050, up from 900 million in 2015. However, complications associated with catheterization and the availability of alternatives is expected to hamper the market growth. Whereas, growing preference for single-use catheters and self-catheterization is expected to create significant growth opportunity in the market over the forecast period.

The regional analysis of global Alopecia market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing  high prevalence of diseases, growing geriatric population, the availability of advanced interventional products in the region . Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as   rising elderly population, increasing prevalence of chronic diseases, and increasing demand for advanced therapies and products  would create lucrative growth prospects for the Alopecia market across Asia-Pacific region.

Major market player included in this report are:

B. Braun Melsungen AG*
Boston Scientific Corporation
Coloplast Ltd.
ConvaTec Inc.
Becton, Dickinson and Company
Cardinal Health
Teleflex Incorporated
Wellspect HealthCare
Cook Medical
Asid Bonz GmbH

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Indwelling Catheters
Intermittent Catheters
External Catheters

By Type: 
Coated Catheters
Uncoated Catheters

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By Application: 
Urinary Incontinence
General Surgery
Benign Prostatic Hyperplasia
Other Applications

By Usage :
Male Urinary Catheters
Female Urinary Catheters

By End-User :
Long-Term Care Facilities
Other End Users

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Alopecia Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Urinary Catheters Market, by Region, 2018-2027 (USD Billion)
1.2.2. Urinary Catheters Market, by Product, 2018-2027 (USD Billion)
1.2.3. Urinary Catheters Market, by Type, 2018-2027 (USD Billion)
1.2.4. Urinary Catheters Market, by Application, 2018-2027 (USD Billion)
1.2.5. Urinary Catheters Market, by Usage, 2018-2027 (USD Billion)
1.2.6. Urinary Catheters Market, by End-User, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Urinary Catheters Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Usage: Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Urinary Catheters Market Dynamics
3.1. Urinary Catheters Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Urinary Catheters Market: Usage: Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Urinary Catheters Market, by Product
5.1. Market Snapshot
5.2. Global Urinary Catheters Market by Product, Performance – Potential Analysis
5.3. Global Urinary Catheters  Market Estimates & Forecasts by Product 2017-2027 (USD Billion)
5.4. Urinary Catheters  Market, Sub Segment Analysis
5.4.1. Indwelling Catheters
5.4.2. Intermittent Catheters
5.4.3. External Catheters

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