What is Global Urinary External Catheter Market?
The Global Urinary External Catheter Market is an expansive and dynamic sector that focuses on the production and distribution of urinary external catheters. These are medical devices used to manage urinary incontinence, a common condition that affects millions of people worldwide. The market encompasses a wide range of products, from disposable to reusable catheters, each designed to meet specific user needs and preferences. The global market is driven by various factors, including the growing prevalence of urinary incontinence, the aging population, and advancements in catheter technology. It's a market that is continually evolving, with new products and technologies being introduced regularly to improve patient comfort and quality of life.
Disposable External Catheters, Reusable External Catheters in the Global Urinary External Catheter Market:
The Global Urinary External Catheter 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 of silicone or latex. 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 used multiple times and are usually made of silicone. They are durable, cost-effective, and environmentally friendly, making them a popular choice for many users. Both types of catheters have their advantages and are chosen based on the user's lifestyle, medical condition, and personal preference.
Benign Prostate Hyperplasia (BPH), Urinary Incontinence, Spinal Cord Injuries, Others in the Global Urinary External Catheter Market:
The Global Urinary External Catheter Market serves a diverse range of medical conditions and patient needs. One of the primary uses is for Benign Prostate Hyperplasia (BPH), a common condition in older men where the prostate gland enlarges, causing difficulties in urination. Urinary incontinence, both temporary and chronic, is another major area where these catheters are used. They provide a practical solution for managing this condition, allowing users to lead active and fulfilling lives. Spinal Cord Injuries often result in loss of bladder control, and external catheters offer an effective way to manage this. The 'Others' category includes various conditions like bladder dysfunction, neurological disorders, and post-surgery care where urinary external catheters are used.
Global Urinary External Catheter Market Outlook:
Looking at the market outlook, the Global Urinary External Catheter Market was valued at a significant US$ 1294 million in 2023. The market is projected to grow substantially, reaching an estimated 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 fueled by the increasing prevalence of conditions requiring the use of these catheters, advancements in catheter technology, and the growing awareness about these products.
| Report Metric | Details |
| Report Name | Urinary External Catheter 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 |
