Urinary Catheters Market Recent Trends and Growth Analysis Report, 2030

The global urinary catheters market size was valued at USD 5.2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. 

The global urinary catheters market size was valued at USD 5.2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. 

An increase in the number of patients suffering from Urinary Tract Infections (UTIs) and blockages in the urethra, rising cases of tumors in the urinary tract or reproductive organs, and the rapidly growing geriatric population are some of the key factors driving the market growth. A urinary catheter is a partially flexible tube for draining urine from the bladder. The materials that are used in the manufacturing of these catheters include plastic, rubber, and silicon. Doctors recommend the use of urinary catheters in the case of Urinary Incontinence (UI), urinary retention, prostate surgery, or other medical conditions, such as spinal cord injury, multiple sclerosis, or dementia.

The COVID-19 is expected to have a positive impact on catheters market. According to National Center for Biotechnology Information, in 2020, both urinary catheter and central line Standardized Utilization Ratio (SUR) increased during the COVID-19 outbreak. From 0.88 before the COVID-19 pandemic to 0.92 during the outbreak, the central line SUR increased by 4.9%. SUR of urinary catheters increased by 7.4% during the pandemic, from 0.79 before COVID-19 to 0.84 after COVID-19. This is projected to boost market growth over the forecast period. Moreover, the pandemic has brought attention to the critical need for infection prevention. As a result, several manufacturers are developing products such as coated urine catheters with temperature monitoring to ICU patients as a stronger protection against secondary infections, which is expected to boost market growth. For instance, in February 2021, Health Canada has approved Bactiguard's urine catheter with temperature sensor for infection prevention. COVID-19 prompted the approval because Bactiguard's catheters can lower the incidence of secondary infections in critically ill patients, boosting market growth.

Gather more insights about the market drivers, restrains and growth of the Urinary Catheters Market

Urinary Catheters Market Report Highlights

• In terms of product, the intermittent catheters segment dominated the overall market for the largest revenue share of over 57.5% in 2022. This can be attributed to the increasing number of patients suffering from various urinary disorders

• Urinary Incontinence (UI) emerged as the largest application segment and accounted for the largest revenue share of more than 37.1% in 2022, owing to the increasing prevalence of the disease. Factors such as surgery of the prostate gland, spinal cord injury, injury to the bladder nerves, blockage in the urine due to kidney stones, and blood clots in the urine can cause UI

• North America dominated the market with the highest revenue share of 34.4% in 2022, owing to a high incidence rate of chronic disorders as well as the availability of highly skilled physicians on this continent

Browse through Grand View Research's Medical Devices Industry Research Reports.

• The global microfluidics prototype market size was valued at USD 700.0 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 20.7% from 2024 to 2030. 

• The global renal denervation market size was valued at USD 340.4 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 40.2% from 2024 to 2030 owing to the rising prevalence of cardiovascular diseases, hypertension, and heart diseases. 

Urinary Catheters Market Segmentation

Grand View Research has segmented the global urinary catheters market based on product, application, type, gender, end-user, and region:

Urinary Catheters Product Outlook (Revenue, USD Million, 2018 - 2030)

• Intermittent Catheters

• Foley/ Indwelling Catheters

• External Catheters

Urinary Catheters Application Outlook (Revenue, USD Million, 2018 - 2030)

• Benign Prostate Hyperplasia & Prostate Surgeries

• Urinary Incontinence

• Spinal Cord Injury

• Others

Urinary Catheters Type Outlook (Revenue, USD Million, 2018 - 2030)

• Coated Catheters

• Uncoated Catheters

Urinary Catheters Gender Outlook (Revenue, USD Million, 2018 - 2030)

• Male

• Female

Urinary Catheters End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Hospital

• Clinics

• Long-Term Care Facilities

• Others

Urinary Catheters Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o Germany

o UK

o France

o Italy

o Spain

o Denmark

o Sweden

o Norway

• Asia Pacific

o Japan

o China

o India

o Australia

o South Korea

o Thailand

• Latin America

o Mexico

o Brazil

o Argentina

• Middle East and Africa

o South Africa

o Saudi Arabia

o UAE

o Kuwait

Order a free sample PDF of the Urinary Catheters Market Intelligence Study, published by Grand View Research.

 


Manisha J

15 Blog posts

Comments