What is Global Male External Catheters Market?
The Global Male External Catheters Market is a sector that focuses on the production and distribution of male external catheters. These are specialized medical devices designed to manage urinary incontinence in men. They are typically used as an alternative to more invasive methods such as indwelling catheters. The market encompasses a wide range of products, including both disposable and reusable catheters, each with their own unique features and benefits. The market is driven by a variety of factors, including the growing prevalence of urinary incontinence among the aging male population, advancements in catheter design and materials, and increasing awareness about the benefits of external catheters over traditional methods.
Disposable External Catheters, Reusable External Catheters in the Global Male External Catheters Market:
The Global Male External Catheters Market is segmented into two main product types: Disposable External Catheters and Reusable External Catheters. Disposable External Catheters are designed for single use and are typically made from latex or silicone. They are often preferred for their convenience and hygiene, as they reduce the risk of urinary tract infections. On the other hand, Reusable External Catheters can be cleaned and reused multiple times. They are usually made from durable materials like silicone and are often more cost-effective in the long run. Both types of catheters have their own advantages and disadvantages, and the choice between them often depends on the individual patient's needs and lifestyle.
Benign Prostate Hyperplasia (BPH), Urinary Incontinence, Spinal Cord Injuries, Others in the Global Male External Catheters Market:
The Global Male External Catheters Market finds its application in several areas. One of the primary uses is in the management of Benign Prostate Hyperplasia (BPH), a common condition in older men that can lead to urinary incontinence. External catheters provide a non-invasive and comfortable solution for managing this condition. They are also widely used in the treatment of urinary incontinence, providing men with a discreet and convenient way to manage their condition. In addition, they are used in the care of patients with spinal cord injuries, who often struggle with bladder control. Other applications include use in post-surgery care and other conditions that affect urinary control.
Global Male External Catheters Market Outlook:
Looking at the market outlook, in 2023, the Global Male External Catheters Market was valued at US$ 1294 million. The market is expected to grow significantly over the next few years, with projections indicating that it could reach a value of US$ 2112.2 million by 2030. This represents a Compound Annual Growth Rate (CAGR) of 7.3% during the forecast period from 2024 to 2030. This growth is likely to be driven by factors such as the increasing prevalence of conditions leading to urinary incontinence, advancements in catheter technology, and growing awareness about the benefits of external catheters.
Report Metric | Details |
Report Name | Male External Catheters Market |
Accounted market size in 2023 | US$ 1294 million |
Forecasted market size in 2030 | US$ 2112.2 million |
CAGR | 7.3% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
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Segment by Application |
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Consumption by Region |
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By Company | Asid Bonz, B Braun, Boston Scientific, BD, Coloplast, ConvaTec, Hollister, Medical Technologies of Georgia, Medtronic, Teleflex |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |