Global Urinary Catheters Market 2018-2022
About Urinary Catheters
A urinary catheter is a hollow, flexible tube that drains urine from the bladder and into a urine collection bag. Urinary catheters are available in many sizes and made of different biocompatible materials.
Technavio’s analysts forecast the global urinary catheters market to grow at a CAGR of 5.26% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global urinary catheters market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Urinary Catheters Market 2018-2022
Technavio recognizes the following companies as the key players in the global urinary catheters market: B. Braun Melsungen, Coloplast, C.R. Bard, Hollister, Medtronic, and Teleflex.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is technological improvements in catheter design and use of biocompatible materials. Growing technological advances in the healthcare industry have led to the design and development of novel medical devices that can be customized as per patients' requirements. Vendors' focus on different technological platforms has also led to the availability of a broad range of urinary catheters with different designs and sizes, thereby simplifying the catheterization process and enhancing patient-care.”
According to the report, one driver in the market is rising geriatric population with urinary incontinence. The increasing prevalence of chronic urological disorders such as urinary incontinence, BPH, multiple sclerosis, and neurogenic bladder diseases increases the demand for urinary catheters. According to the American Urological Association, one-third of men and women in the US experience urinary incontinence.
Further, the report states that one challenge in the market is complications and risks associated with urinary catheters. Adverse events and complications can arise with catheterization, especially in case of long-term self-catheterization. Indwelling catheterization poses potential complications when compared with the intermittent catheterization. Indwelling catheterization is performed by transurethral or via suprapubic techniques.
B. Braun Melsungen, Coloplast, C.R. Bard, Hollister, Medtronic, and Teleflex.
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