What is Global Urinary Catheters Market?
The Global Urinary Catheters Market is a vast and complex field that encompasses a wide range of products and services. It is a sector that deals with the production, distribution, and use of urinary catheters, which are medical devices used to drain urine from the bladder when a person is unable to do so naturally. The market is global in scope, meaning it involves companies, consumers, and products from all over the world. In 2022, the market was valued at a staggering US$ 1890 million, and it is projected to grow even further to reach US$ 2251.3 million by 2029. This represents a compound annual growth rate (CAGR) of 2.5% during the forecast period of 2023-2029. However, it's important to note that the market is not evenly distributed. The top four manufacturers in the world hold a share of over 15%, indicating a high level of concentration.
Foley Catheters, Intermittent Catheters, Male External Catheters in the Global Urinary Catheters Market:
The Global Urinary Catheters Market is divided into several segments based on the type of product. These include Foley Catheters, Intermittent Catheters, and Male External Catheters. Foley Catheters are indwelling catheters that are inserted into the bladder and left in place. They are typically used for long-term catheterization and are a common choice for patients who require bladder drainage for extended periods. Intermittent Catheters, on the other hand, are used for short-term catheterization. They are inserted into the bladder to drain urine and then removed. This type of catheter is often used for patients who have temporary urinary retention issues. Male External Catheters are designed specifically for men and are worn like a condom to collect urine. They are often used for men who have urinary incontinence. Among these products, Intermittent Catheters is the largest segment, accounting for over 40% of the market.
Prostate Gland Surgery, Urinary Retention, Urinary Incontinence, Spinal Cord Injury in the Global Urinary Catheters Market:
The Global Urinary Catheters Market serves a variety of areas, including Prostate Gland Surgery, Urinary Retention, Urinary Incontinence, and Spinal Cord Injury. In Prostate Gland Surgery, urinary catheters are often used to drain urine during and after the procedure. This helps to prevent complications such as urinary retention and infection. In cases of Urinary Retention, where a person is unable to empty their bladder naturally, urinary catheters provide a vital solution. They allow for the bladder to be drained, relieving discomfort and preventing further complications. For those suffering from Urinary Incontinence, urinary catheters can provide a means of managing the condition. They can collect urine and prevent leakage, improving the quality of life for these individuals. Finally, in cases of Spinal Cord Injury, urinary catheters can be essential. Many people with spinal cord injuries have difficulty controlling their bladder, and urinary catheters can provide a means of bladder management.
Global Urinary Catheters Market Outlook:
To rephrase the market outlook, the Global Urinary Catheters Market is a significant and growing sector. In 2022, the market's worth was estimated at US$ 1890 million. It is expected to expand to reach a value of US$ 2251.3 million by 2029, growing at a compound annual growth rate of 2.5% from 2023 to 2029. The market is dominated by a few key players, with the top four manufacturers holding over 15% of the market share. The largest segment of the market is the Intermittent Catheters, which accounts for over 40% of the market.
| Report Metric | Details |
| Report Name | Urinary Catheters Market |
| Accounted market size in 2022 | US$ 1890 in million |
| Forecasted market size in 2029 | US$ 2251.3 million |
| CAGR | 2.5% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Teleflex, Bard Medical, ConvaTec, B.Braun, Coloplast, AngioDynamics, Boston Scientific, Cook Medical Inc., Medtronic and Covidien, Hollister, Terumo, Amsino, Pacific Hospital Supply, Sewoon Medical, WellLead, Star Enterprise, Fuqing Medical, Medsuyun, Songhang, Sanli, Chensheng Medical, Haiou Medical, World Medical, Baihe, Tongda, Kelong Medical, Shuguang Jianshi, Bestway Medical, Apexmed International |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
