Urinary catheter is flexible
tube, generally made up of silicone, latex or polyurethane, inserted through
the tube that carries urine to collect the urine in a drainage bag. Urinary
catheters are inserted by doctors or nurses through small opening created to a
lower abdomen. With increased stress at workplaces and busy lifestyles of the
people worldwide, the number of health disorders such as bladder dysfunction,
kidney failure, chronic diseases and other disorders have increased
significantly. As a result the prevalence of bladder disorders has increased.
With rising cases of bladder disorders the usage of urinary catheters to
collect the urine to empty the bladders has escalated over the past few years.
Figure 1: Global Urinary Catheters Market by Value 2015 - 2023

Market Insights:
The global urinary catheters
market was valued at USD 1.88 billion in 2016 and it is projected to grow at a
CAGR of 4.6% over the forecast period to reach to USD 2.57 billion in 2023. A
majority of the growth in the market is anticipated to come from the markets of
North America and Europe over the period of 2017 to 2023. The global urinary
catheters market is driven by factors such as growing prevalence of urinary
disorders among the ageing population, growing % of geriatric population, and
favorable reimbursement policies in the developed markets. On the other hand,
the growth in the global urinary catheters market is restrained by factors such
as infections caused due to inappropriate use of urinary catheters and
availability of alternative treatment for urinary incontinence.
Among the types of urinary
catheters, intermittent catheter accounted for the largest market share and
this trend is projected to continue over the next 6 years. Increasing geriatric
population segment which is more exposed to urinary incontinence and obesity
issues coupled with increasing number of surgical procedures are projected to
support the growth in this market over the next 6 years.
North America accounted for
the largest share in the urinary catheters market. The Asia-Pacific region is
projected to grow at a CAGR of X.X% over the forecast period which is higher
growth rate than other regions in the global urinary catheters market. The
urinary catheters market in the Asia-Pacific region is expected to grow at a
faster rate owing to increasing number of hospitals, improving healthcare
infrastructure, increasing incidence of urinary incontinence, and growing
geriatric population
Segments
Covered
The
report on global urinary catheters market covers segments such as application
and product. The application segments include spinal cord injury, urinary
incontinence, benign prostate hyperplasia (BPH) and others. On the basis
of product, the global urinary catheters market is categorized into external
catheters, foley/ indwelling catheters and intermittent catheters.
Geographic
Coverage
The
report provides regional analysis covering geographies such as North America,
Europe, Asia-Pacific and Rest of the World. In this section the key trends and
market size for each geography is provided over the period of 2015 – 2023.
Figure 2: Global Urinary Catheters Market by Region, CAGR %, 2015
- 2023

The
countries covered in the North America region include the U.S., Canada and
Mexico; while Asia-Pacific includes China, Japan, India, South Korea and
Malaysia among others. Moreover, The European region covers countries such as,
Germany, UK, France, Spain and Rest of Europe. The U.S. drives the growth in
the North America region as it is the largest market in the region. The
Asia-pacific region offers a substantial potential for the market growth owing
to rapid growth in markets such as India and China. The APAC region is
projected to experience a growth at a CAGR of x.x% over the period of 2017 -
2023.
Companies
Profiled:
The
report provides profiles of the companies in the global urinary catheters
market such as, J and M urinary catheters LLC, B. Braun
Melsungen AG, Medline Industries, Inc., Hollister Incorporated, Teleflex Inc.,
Cook Medical, Medtronic, Coloplast, Boston Scientific Corporation and C.R.Bard,
Inc..
Report
Highlights:
The
report provides deep insights on demand forecasts, market trends and micro and
macro indicators. In addition, this report provides insights on the factors
that are driving and restraining the global urinary catheters market. Moreover,
IGR-Growth Matrix analysis given in the report brings an insight on the
investment areas that existing or new market players can consider. The
report provides insights into the market using analytical tools such as
Porter’s five forces analysis and DRO analysis of urinary catheters market.
Moreover, the study highlights current market trends and provides forecast from
2017 to 2023. We also have highlighted future trends in the urinary catheters
market that will impact the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight on the
market share of the leading players. Additionally, the analysis highlights rise
and fall in the market shares of the key players in the market. This
report will help manufacturers, suppliers and distributors of the urinary
catheters market to understand the present and future trends in this market and
formulate their strategies accordingly.