Urinary Catheters Market
Number of pages: 100 | Report Format: PDF | Published date: April 17, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023-2031
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Report Attribute |
Details |
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Market Size Value in 2022 |
US$ 5.31 billion |
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Market Size Value in 2031 |
US$ 8.81 billion |
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CAGR |
5.2% |
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Base Year For Estimation |
2022 |
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Forecast Period |
2023 to 2031 |
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Historical Year |
2021 |
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Segments Covered |
Product Type, Application, Gender, End User, and Region |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global urinary catheters market was valued at US$ 5.31 billion in 2022 and is expected to register a revenue CAGR of 5.2% to reach US$ 8.81 billion by 2031.
Urinary Catheters Market Fundamentals
Urinary catheters are medical devices that drain urine from the bladder when an individual cannot do so voluntarily. They are typically used in cases where a person has difficulty or cannot empty their bladder due to various medical conditions or surgical procedures. Urinary catheters are used in various medical situations, such as after surgery, in people with urinary retention or neurogenic bladder, or for those who cannot control their bladder due to certain medical conditions or injuries. The urinary catheters market has seen significant technological advancements, leading to improved catheter designs and materials. For example, there has been an increased focus on developing catheters with antimicrobial coatings to reduce the risk of infections and catheters with better drainage and comfort features for patients. The urinary catheters market is witnessing trends such as technological advancements, a shift towards minimally invasive techniques, an increasing prevalence of urinary incontinence, a focus on infection prevention, home healthcare settings, patient comfort and quality of life, a growing adoption of disposable catheters, and an increasing focus on sustainability. These trends are expected to shape the future of the urinary catheter market as manufacturers continue to innovate and improve the safety and comfort of patient catheterization procedures.
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Urinary Catheters Market Dynamics
Some of the major drivers propelling the growth of the global urinary catheters market include an increase in patients with urinary tract infections (UTIs) and urethral obstructions, rising cases of malignancies in the urinary system or reproductive organs, and the constantly expanding elderly population. Urinary tract infections (UTIs) affect women more frequently than men, responsible for at least 8 million visits to different healthcare institutions annually in the United States. Most of these diseases are bladder infections called cystitis. In their lives, 20% of women experience at least one UTI. The prevalence of urine incontinence has increased due to the aging population worldwide, boosting the demand for urinary catheters. Around 200 million people are thought to be affected by urine incontinence worldwide, and this number is predicted to rise in future years, according to the National Association for Incontinence. Urinary catheter demand has increased as a result, especially in settings that provide treatment at home. Less invasive treatments are increasingly being used for urinary catheterization operations. The use of smaller catheter diameters, hydrophilic coatings that reduce friction during insertion, and devices that enable a more controlled and trauma-free placement of the catheter are a few examples. These measures lessen patient discomfort and complications. Environmental issues related to the use of medical devices, such as urinary catheters, are becoming more widely known. This has prompted an emphasis on creating more environmentally friendly catheter materials, cutting down on packaging waste, and putting in place recycling initiatives. Several manufacturers are developing reusable catheters as an environmentally friendly alternative to single-use disposable catheters.
However, urinary catheters are associated with a risk of infections, such as urinary tract infections (UTIs) and catheter-associated urinary tract infections (CAUTIs), leading to increased morbidity, mortality, and healthcare costs. Additionally, catheter-related complications, such as urethral trauma, bladder spasms, and blockages, can result in discomfort and further medical interventions.
Urinary Catheters Market Ecosystem
The global urinary catheters market is analyzed from five perspectives: product type, application, gender, end user, and region.
Urinary Catheters Market by Product Type
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Based on product type, the global urinary catheters market is segmented into external catheters, intermittent catheters, and Foley/ indwelling catheters.
The intermittent catheters segment accounted for the largest global urinary catheters market revenue share. The bladder can be emptied with the aid of an intermittent catheter. It presents a workable substitute for a catheter that keeps draining. Patients with spinal cord injuries and neurogenic bladder issues are treated with intermittent catheterization, which is regarded as the gold standard for bladder emptying. As indwelling catheters typically result in UTIs, intermittent catheterization is preferred over them. Additionally, the segment’s revenue growth is aided by these catheters being eligible for Medicaid and Medicare coverage.
The indwelling catheters segment is the second-largest revenue share in the global urological catheters market. One of the main drivers of the revenue growth of this segment is the rising demand for Foley catheters in hospitals and senior living facilities around the world.
Urinary Catheters Market by Application
Based on application, the global urinary catheters market is segmented into spinal cord injury, benign prostate hyperplasia & prostate surgeries, urinary incontinence, and others.
The urinary incontinence segment accounted for the largest revenue share in the global urinary catheters market. According to the American Urological Association, UI affects one-third of the population and affects women more frequently than males. It affects long-term care facilities significantly and is one of the key factors that seniors are admitted for institutionalized care. According to the National Society for Continence, around twenty-five million adult Americans experience either transient or chronic urine incontinence.
The benign prostate hyperplasia & prostate surgeries segment is expected to record a high revenue CAGR during the forecast period. This is because more individuals are becoming aware of benign prostate hyperplasia (BPH) and how it affects the quality of life. Prostate gland enlargement, or BPH, is a prevalent medical problem affecting male patients 50 and older. Inconvenient urinary symptoms like obstructions in urine flow can result from this. By performing minimally invasive operations, it is possible to alleviate the blockage and urine retention brought on by BPH and prostate.
Urinary Catheters Market by Gender
Based on gender, the global urinary catheters market is segmented into females and males.
The male segment accounts for the largest global urinary catheter market revenue share. The dominance is related to the prevalence of benign prostatic hyperplasia and urine incontinence among males worldwide. Male patients are more likely to need urinary catheters than female patients.
Urinary Catheters Market by End User
Based on the end user, the global urinary catheters market is segmented into hospitals and clinics, long-term care facilities, and others.
The hospitals segment is projected to record a high revenue CAGR during the forecast period. This results from the increasing footfall of hospital patients, the availability of skilled healthcare professionals, and the availability of advanced technologies.
Urinary Catheters Market by Region
Based on region, the global urinary catheters market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America accounts for the largest revenue share in the global urinary catheters market. The regional market’s key factors are the increased prevalence of specific disorders such as bladder blockage, UI, benign prostate hyperplasia (BPH), urine retention, and bladder cancer. The National Association for Continence reports that overactive bladder (OAB) and urinary urgency are frequently experienced by adults 40 and older. Due to the rise in patients with kidney-related illnesses, nations like the US and Canada have seen an increase in urological procedures in recent years. Around 1 in 3 American adults or about 80.0 million individuals, are at risk for chronic renal disease, the country’s tenth greatest cause of mortality. Over 786,000 Americans are estimated to have an end-stage renal disease (ESRD) in 2020, with 71% relying on dialysis and 29% receiving a kidney transplant, according to data from the National Institute of Diabetes and Digestive and Kidney Disease (NIDDKD). As a result, the number of kidney transplants and the demand for urinary catheters for pre-and post-operative comfort have increased due to the rising incidence of kidney failure.
Asia Pacific is expected to record a high revenue CAGR in the global urinary catheters market during the forecast period. The increasing prevalence of spinal cord injury, BPH, and UTI drives regional market revenue. UTI is one of the most prevalent infectious diseases in this region. It is associated with significant morbidity and mortality rates, particularly in hospitals, and financially burdens the community. Thus, rising risks of UTI, particularly in women with increasing age, constipation, vaginal deliveries, parity, obesity, surgery, and chronic respiratory problems, are driving the market in the Asia Pacific.
Urinary Catheters Market Competitive Landscape
The prominent players operating in the global urinary catheters market are: -
The global urinary catheters market is moderately fragmented, with both large and small competitors present. To create items that are innovative in terms of technology, industry participants are concentrating on R&D. Several significant market players hold most of the market share in this sector since entry barriers are high.
Urinary Catheters Market Strategic Developments
The expected size of the global urinary catheters market in 2031 is US$ 8.81 billion.
The expected revenue CAGR for the urinary catheters market is 5.20% during the forecast period.
Medtronic PLC, Cook Medical, B. Braun Melsungen AG, Hollister, Inc., Boston Scientific Corporation, and Teleflex, Inc. are key players in the urinary catheters market.
The Asia Pacific region is expected to grow at high revenue CAGR in the global urinary catheters market.
The global urinary catheters market faces challenges related to infections and complications, regulatory compliance, cost pressures, competition, patient preferences, and awareness, inadequate access to healthcare, technological advancements, ethical concerns, and environmental impact.
*Insights on financial performance are subject to the availability of information in the public domain