This report provides exclusive insights into the COVID-19 impact on the Urinary Incontinence Devices Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Urinary Incontinence Devices Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Urinary Incontinence Devices Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on the urinary
incontinence devices market provides an in-depth analysis of segments and
sub-segments in the global as well as regional urinary incontinence devices
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional urinary incontinence devices market over
the short term as well as long term. The report is a comprehensive presentation
of trends, forecast and dollar values of global urinary incontinence devices
market. According to the report, the global urinary incontinence devices market
is projected to grow at a CAGR of 10.8% over the forecast period of 2019-2025.
Urinary incontinence is one of the highly dominant and largely
underreported and undiagnosed urological disorders globally. It affects
millions of people and has a severe impact on psychological, physical, as well
as emotional health. Several factors such as obesity, pregnancy and childbirth,
urethral sphincters, weak pelvic floor muscles, urinary tract infection, and
neurological disorders are the major reasons behind urinary incontinence. The
urinary incontinence devices market is expected to grow at a rapid speed during
the forecast period.
Growing demand for minimally invasive or surgical products is the major factor driving the growth of the urinary incontinence devices market.
Urinary Incontinence affects 200 million people worldwide. Nearly 25 million
adult Americans are suffering from some form of urinary incontinence, out of
which 75-80% of those are women. Pregnancy, childbirth, and menopause are major
reasons for the increased prevalence of incontinence in women as compared to
men. Urinary incontinence is highly underreported mainly due to embarrassment
to speak about it. Furthermore, an increase in the geriatric population also
propels the growth of the market across the globe. However, factors such as
less awareness of innovative developments and post-operative problems related
to the devices may hinder the growth of the urinary incontinence devices market
over the forecast period. Moreover, the growth of healthcare expenditure in
developing economies creates opportunities for market growth.
North America holds the largest maximum market share and is
expected to dominate the urinary incontinence devices market over the forecast
period. This is attributed to the rising presence of urology specialized
hospitals and clinics and training sessions conducted by end users to train
professionals. Furthermore, a rise in demand for minimally invasive
surgery/devices for urinary incontinence treatment and rapidly growing
geriatric population are the other major factors for the growth of the urinary
incontinence devices market in the North American region. The Asia Pacific is
expected to account for the significant market share in the urinary
incontinence devices market during the forecast period. This is primarily due
to the large urinary incontinence patient base in highly populated countries
such as India and China.
The report on global urinary incontinence devices market covers
segments such as product, category, incontinence type, and end user. On the
basis of product, the sub-markets include urinary catheters, vaginal slings,
electrical stimulation devices, artificial urinary sphincters, and other
products. On the basis of category, the sub-markets include external urinary
incontinence devices, and internal urinary incontinence devices. On the basis
of incontinence type, the sub-markets include stress incontinence, urge
continence, overflow incontinence, and functional incontinence. On the basis of
end user, the sub-markets include hospitals, clinics, and end users.
The report provides profiles of the companies in the market such
as Atlantic Therapeutics, Medtronic, B. Braun Melsungen AG, Boston Scientific
Corporation, ConvaTec Group PLC, Teleflex Incorporated, Hollister Incorporated,
Zephyr Surgical Implants, Coloplast A/S, and Flexicare Medical Limited.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into 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
incontinence devices market. Moreover, the study highlights current market
trends and provides forecast from 2019-2025. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.