Global Urinary Catheters Market: Snapshot

The global urinary catheters market has been displaying steady growth and it is expected to continue doing so going forward too. The growth of this market is mainly driven by the development of medical devices industry, pharmaceutical, and biotechnology industries. The other factors responsible for the growth of the market include rising geriatric population, increasing prevalence of urinary incontinence, and increasing awareness towards health and hygiene in developing countries. According to a report by WHO, approximately 200 million people worldwide suffer from some form of urological disorder that requires urinary catheterization.

Technological advancements, rising per capita health care expenditure, and favorable reimbursement policies for urinary catheterization is leading to the increased use of urinary catheters across hospitals, specialty clinics, ambulatory surgery centers, etc.

As per a report by Transparency Market Research, the global urinary catheters market will likely to expand at a steady CAGR of 5.3% between 2017 and 2025. Expanding at this rate, the revenue of the market is projected to reach US$5,003.1 mn in 2025 increasing from US$3,130.7 mn in 2016.

urinary catheters market

Fewer Side Effects Stoke Demand for Intermittent Catheters

The global urinary catheters market can be classified based on product type into intermittent catheters, Foley catheters, and male external catheters. The intermittent catheters segment, among these, raked the lion’s share of 44.0% of the global urinary catheters market in 2016. This is because intermittent catheters have less chances of acquiring catheter acquired urinary tract infection (CAUTI), which is one of the major forms of hospital acquired infections in developed countries. With further technological advancement in intermittent catheters and introduction of more efficient and less invasive catheters that are in the pipeline, the growth of this segment will be further benefitted in the future too. Ease of handling, low cost of catheterization, and fewer side effects of intermittent catheters are key reasons for their increased acceptability among healthcare professionals and patients. These factors will lead the segment of intermittent catheters to rise at a CAGR of 4.8% over the forecast period between 2017 and 2025

On the other hand, indwelling or Foley catheters have been majorly associated with CAUTIs as hospitalized patients need to be put on catheterization for considerably longer duration. Male external catheters are the newest type of urinary catheters and the segment contributed a significant revenue to the global urinary catheters market in 2016.

Well-established Research Infrastructure Makes North America Leading Market

Based on geography, the global urinary catheters market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Among these, North America commands the global urinary catheters market with the region accounting for the leading share of 44.9% in the market in 2016. Going forward too, the region is expected to hold supremacy in the global market owing to a well-established pharmaceutical and biotechnology industry, increasing research activities, and increasing prevalence of neurovascular disorders. The domestic market of the U.S. contributes significant share to this regional market due to a large patient pool and well established healthcare infrastructure.

Europe stands as the second-leading regional market for urinary catheters. Increasing research initiatives by local manufacturers to introduce technologically advanced urinary catheters is fuelling the growth of this regional market. For instance, Coloplast invested US$95.9 mn in R&D in 2016 to introduce newer products. Germany and the U.K. are major domestic markets for urinary catheters in this region.

Some of the prominent players operating in the global urinary catheters market include TE Connectivity Corporation, C.R. Bard Inc., B.Braun Melsungen AG, Coloplast, Cook Medical, Boston Scientific Corporation, Medtronic plc, Hollister Incorporated, ConvaTec Inc., Teleflex Incorporated, and CURE MEDICAL LLC. 

Global Urinary Catheters Market: Overview

Urinary catheters find applications among patients suffering from various urinary disorders such as urinary incontinence and urinary retention, and among patients who have undergone genital or prostrate surgery or suffering from disorders such as multiple sclerosis and neurological disorders such as Parkinson’s disease and dementia. Urinary catheters have been primarily classified into three major segments: intermittent, indwelling and male external urinary catheters. Rising prevalence of urinary incontinence and other urinary disorders, aging population, demand for minimally invasive procedures and various other factors would contribute to the growth of the market. The report consists of an executive summary that provides information about the products, its segments along with a market snapshot and comparative analysis by geography, in terms of revenue %, for 2016.

Global Urinary Catheters Market: Scope of Study

A detailed overview of market dynamics, including the drivers, restraints, and opportunities of the Urinary catheters market, along with porter’s analysis, value chain analysis, of the global market, has been provided in this report. Market revenue analysis for all the above mentioned segments has been provided for the forecast period of 2017-2025, considering 2016 as the base year, and 2015 as the historical year, along with compound annual growth rate (CAGR %), for the forecast period of 2017-2025. Market share estimations were based on in-depth analysis and study of products, and their features etc.

This report provides in-depth analysis of the urinary catheters market. The stakeholders for this report include companies involved in the manufacturing of urinary catheters. Executive summary section is included snapshot on stakeholders in this report, which summarizes the market size, trends and competition in different regions. Market players and Market share analysis is analyzed to signify percentage share of the major players operating in the urinary catheters market. Furthermore, the report includes market attractiveness analysis by geography that depicts the most attractive and significant region in the global market in 2016.

The research methodology is a combination of primary and secondary research. Primary research includes information collected via e-mails, and telephonic interviews of key opinion leaders (KOL), and forms the bulk of our research. Secondary research includes information collected from various sources, by study of company websites, annual reports, stock analysis presentations, press releases, and various national and international databases.  

Global Urinary Catheters Market: Market Segmentation

Based on product type, the urinary catheters market has been segmented into intermittent catheters, Foley Catheters, and male external catheters. Intermittent catheter is growing at a CAGR of 6.0% from 2017 to 2025 due to it several advantages and application.  Based on geography, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The regions are further segmented into major countries which include, U.S., Canada, Germany, U.K., France, Italy, and Spain, rest of Europe, China, Japan, India, Australia, Rest of Asia Pacific, Brazil, Mexico, Rest of Latin America, Saudi Arabia, South Africa, and Rest of Middle East & Africa. The report also comprises list of major players in the market, their SWOT analysis, market share of these players in the urinary catheters market, key business strategies, product portfolios, and recent developments. Key market players profiled in this report include, TE Connectivity Corporation (AdvancedCath), B. Braun Melsungen AG, Boston Scientific Corporation, C. R. Bard, Inc., Coloplast, Cook Medical, Medtronic Plc, Hollister Incorporated, Teleflex Incorporated, ConvaTec, Inc., CURE MEDICAL, LLC.

The Urinary catheters Diagnostic market has been segmented as follows:

Urinary catheters Diagnostic Market, by Product Type

  • Intermittent Catheters
  • Foley Catheters
  • Male External Catheters

Urinary catheters Diagnostic Market, by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of Middle East & Africa