Published by Coherent Market Insights
Posted on October 6, 2021
Urinary Catheters Market (Forecast Period 2021-2028): The report provides a valuable source of insightful data for business strategists and competitive analysis of Urinary Catheters Market. The study covers important knowledge that makes the analysis document a handy resource for managers, analysts, business consultants and different key individuals get ready-to-access and self-analyzed study in conjunction with graphs and tables to assist perceive market trends, drivers and market challenges.It also highlights the restraints and opportunities expected to influence the market’s growth during the said period. The study provides a holistic perspective on the market’s growth throughout the above mentioned forecast period in terms of revenue(in US$ Mn) and Volume (Thousand Units), across different geographies.
To Access the Sample Report Click Here: https://www.coherentmarketinsights.com/insight/request-sample/1198
Major Players In This Market Are: Braun Melsungen AG, Coloplast A/S, CR Bard Inc., Teleflex Inc., CATHETRIX, Hollister Incorporated, Boston Scientific Corporation, Medtronic, Hollister Inc., Bactiguard, and Cook Medical.
A urinary catheter is a partially flexible and hollow tube that collects urine from the bladder and leads to a drainage bag. Silicone, rubber, and PVC are materials that urinary catheters are generally made of. Indwelling catheters, external catheters, and short-term catheters are the three main types of urinary catheters. One-time use catheters and reusable catheters are widely available. It is essential to clean catheters on a regular basis, as in-dwelling urinary catheters may lead to urinary tract infections (UTIs) sometimes.
Global Urinary Catheters Market – Drivers & Restraints
The global urinary catheters market is estimated to account for US$ 2,247.6 million in terms of value by the end of 2027.
Increasing cases of urinary incontinence is expected to boost growth of the global urinary catheter market over the forecast period. For instance, according to International Continence Society, in 2018, 63 million people suffered from urgency urinary incontinence worldwide. Moreover, increasing geriatric population is also expected to boost growth of the market. For instance, according to the World Health Organization, geriatric population is expected to reach 2 billion by 2050, up from 900 million in 2015.
North America, followed by Europe, held the dominant position in the global urinary catheters market in 2018, accounting for 39.6% market share in terms of value.
However, increasing incidence of urinary tract infections is a major factor hindering the growth of the global urinary catheters market. For instance, according to National Center for Emerging and Zoonotic Infectious Diseases’ Epidemiology & Prevention of UTI NHSN 2018 Training factsheet, the prevalence of UTI was 10% among nursing home-associated infections. Moreover, availability of disposable incontinence products such as adult diapers and pull-on absorbent pants is also expected to hamper growth of the global urinary catheters market. Moreover, use of chlorhexidine instead of saline in hospitals for cleaning before catheter insertion may reduce the incidence of catheter-associated urinary tract infections (CAUTIs), which is expected to boost growth of the market.
The intermittent catheters segment was valued at US$ 892.4 million in 2018 and is expected to reach US$ 1,332.5 million by 2027, at a CAGR of 4.5% during the forecast period.
These companies are deeply focused on launching novel urinary catheters that are designed for enhanced patient safety. For instance, in February 2019, Safe Medical Design, Inc. received the U.S. Food and Drug Administration (FDA) clearance for its Signal Catheter for commercialization in the U.S.
In March 2019, Poiesis Medical received an Innovative Technology contract for its Duette Dual Balloon Indwelling Urinary Catheter from Vizient, Inc. Furthermore, in September 2019, Bactiguard’s indwelling urinary catheters (Foleys) received regulatory approval for reimbursement in the Netherlands.
Buy This Premium Report Of Urinary Catheters Market Report 2021 @ https://www.coherentmarketinsights.com/insight/buy-now/1198
In this study, the years considered to estimate the market size of Urinary Catheters are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2021
Forecast Year 2021 to 2028
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Urinary Catheters Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of Urinary Catheters Market are also given.
Contact:
Coherent Market Insights
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Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
The post Urinary Catheters Market Size Is Projected to Register a CAGR of 3.9% By 2027 | Share Analysis, Future Growth Insights, Application, Key Payers and Global Industry Trends appeared first on Gatorledger.
Urinary Catheters Market (Forecast Period 2021-2028): The report provides a valuable source of insightful data for business strategists and competitive analysis of Urinary Catheters Market. The study covers important knowledge that makes the analysis document a handy resource for managers, analysts, business consultants and different key individuals get ready-to-access and self-analyzed study in conjunction with graphs and tables to assist perceive market trends, drivers and market challenges.It also highlights the restraints and opportunities expected to influence the market’s growth during the said period. The study provides a holistic perspective on the market’s growth throughout the above mentioned forecast period in terms of revenue(in US$ Mn) and Volume (Thousand Units), across different geographies.
To Access the Sample Report Click Here: https://www.coherentmarketinsights.com/insight/request-sample/1198
Major Players In This Market Are: Braun Melsungen AG, Coloplast A/S, CR Bard Inc., Teleflex Inc., CATHETRIX, Hollister Incorporated, Boston Scientific Corporation, Medtronic, Hollister Inc., Bactiguard, and Cook Medical.
A urinary catheter is a partially flexible and hollow tube that collects urine from the bladder and leads to a drainage bag. Silicone, rubber, and PVC are materials that urinary catheters are generally made of. Indwelling catheters, external catheters, and short-term catheters are the three main types of urinary catheters. One-time use catheters and reusable catheters are widely available. It is essential to clean catheters on a regular basis, as in-dwelling urinary catheters may lead to urinary tract infections (UTIs) sometimes.
Global Urinary Catheters Market – Drivers & Restraints
The global urinary catheters market is estimated to account for US$ 2,247.6 million in terms of value by the end of 2027.
Increasing cases of urinary incontinence is expected to boost growth of the global urinary catheter market over the forecast period. For instance, according to International Continence Society, in 2018, 63 million people suffered from urgency urinary incontinence worldwide. Moreover, increasing geriatric population is also expected to boost growth of the market. For instance, according to the World Health Organization, geriatric population is expected to reach 2 billion by 2050, up from 900 million in 2015.
North America, followed by Europe, held the dominant position in the global urinary catheters market in 2018, accounting for 39.6% market share in terms of value.
However, increasing incidence of urinary tract infections is a major factor hindering the growth of the global urinary catheters market. For instance, according to National Center for Emerging and Zoonotic Infectious Diseases’ Epidemiology & Prevention of UTI NHSN 2018 Training factsheet, the prevalence of UTI was 10% among nursing home-associated infections. Moreover, availability of disposable incontinence products such as adult diapers and pull-on absorbent pants is also expected to hamper growth of the global urinary catheters market. Moreover, use of chlorhexidine instead of saline in hospitals for cleaning before catheter insertion may reduce the incidence of catheter-associated urinary tract infections (CAUTIs), which is expected to boost growth of the market.
The intermittent catheters segment was valued at US$ 892.4 million in 2018 and is expected to reach US$ 1,332.5 million by 2027, at a CAGR of 4.5% during the forecast period.
These companies are deeply focused on launching novel urinary catheters that are designed for enhanced patient safety. For instance, in February 2019, Safe Medical Design, Inc. received the U.S. Food and Drug Administration (FDA) clearance for its Signal Catheter for commercialization in the U.S.
In March 2019, Poiesis Medical received an Innovative Technology contract for its Duette Dual Balloon Indwelling Urinary Catheter from Vizient, Inc. Furthermore, in September 2019, Bactiguard’s indwelling urinary catheters (Foleys) received regulatory approval for reimbursement in the Netherlands.
Buy This Premium Report Of Urinary Catheters Market Report 2021 @ https://www.coherentmarketinsights.com/insight/buy-now/1198
In this study, the years considered to estimate the market size of Urinary Catheters are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2021
Forecast Year 2021 to 2028
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Urinary Catheters Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of Urinary Catheters Market are also given.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
The post Urinary Catheters Market Size Is Projected to Register a CAGR of 3.9% By 2027 | Share Analysis, Future Growth Insights, Application, Key Payers and Global Industry Trends appeared first on Gatorledger.
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