The global urinary self-catheters market was valued at $1,722 million in 2018, and is projected to reach $2,387 million by 2026, registering a CAGR of 4.1% from 2019 to 2026. A urinary catheter is a hollow, partially flexible tube, which is used to drain the urine when an individual is unable to do it naturally. These catheters consist of a drainage bag that assists to collect a urine. They are composed of silicone, PVC, or vinyl or red rubber latex.
The urinary self-catheter market is expected to exhibit significant market growth during the forecast period, owing to increase in prevalence of benign prostate hyperplasia (BPH), urinary incontinence, and spinal cord injuries; rise in number of surgeries, and increase in geriatric population. Upsurge in demand for hydrophilic intermittent catheters and favorable reimbursement policies for usage of urinary catheters further supplement the market growth. Innovations in catheters, novel product launches, and rise in demand for intermittent catheters in emerging economies provide lucrative opportunities for the market expansion. However, the availability of substitutes of catheters and lack of awareness toward utilization of self-catheters hamper the market growth.
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The global urinary self-catheters market is segmented based on product, type, application, and region. Depending on product, the market is bifurcated into intermittent catheters and external catheters. Intermittent catheters are further classified into uncoated intermittent catheters and coated intermittent catheters. Coated intermittent catheters are subsegmented into antimicrobial, hydrophilic, and others. According to type, the market is categorized into male type catheter and female type catheter. By application, it is divided into benign prostate hyperplasia (BPH), urinary incontinence, spinal cord injuries, and others. Region wise, it is studied across North America (U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, Taiwan, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, Turkey, and rest of LAMEA).
The healthcare sector is vital to both national economies and people all across the world. One of the industries with the fastest growth rates is this one. There is a correlation between income levels and healthcare spending across nations because healthcare spending accounts for more than 10% of the GDP of the majority of developed countries. According to the Centers for Medicare and Medicaid Services, US healthcare spending increased by 4.6% in 2019 to reach US$ 3.8 trillion, or US$ 11,582 per person and represented 17.7% of GDP. Additionally, households paid for 28.4% of all health expenditures, followed by the federal government for 29.0%. 16.1% of all healthcare costs were paid for by state and municipal governments, while 7.5% came from other private sources.
Due to advancements spurred by AI/ML, the impact of digital health technology will grow. Data from the Department for Promotion of Industry and Internal Trade show that FDI in the medicines and medication sector totaled US$19.12 billion (DPIIT).
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KEY BENEFITS FOR STAKEHOLDERS
> The study provides an in-depth analysis of the market along with the current trends and future estimations to elucidate the imminent investment pockets.
> It offers a quantitative analysis from 2018 to 2026, which is expected to enable the stakeholders to capitalize on the prevailing market opportunities.
> A comprehensive analysis of all the geographical regions is provided to determine the existing opportunities.
> The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global market.
LIST OF KEY PLAYERS PROFILED IN THE REPORT
> Asid Bonz GmbH
> B Braun Melsungen AG
> Becton Dickson and Company (C.R. Bard)
> Boston Scientific Corporation
> Coloplast A/S
> ConvaTec
> Hollister, Inc.
> Medical Technologies of Georgia, Inc.
> Medtronic plc.
> Teleflex Incorporated
LIST OF OTHER PLAYERS IN THE VALUE CHAIN (These players are not profiled in the report. The same will be included on request.)
> Cure Medical
> Pennine Healthcare
KEY MARKET SEGMENTS
By Product
> Intermittent Catheter
o Uncoated Intermittent Catheters
o Coated Intermittent Catheters
? Antimicrobial Intermittent catheters
? Hydrophilic Intermittent catheters
? Others
> External Catheter
Type
> Male Type Catheter
> Female Type Catheter
Application
> Benign Prostate Hyperplasia (BPH)
> Urinary Incontinence
> Spinal Cord Injuries
> Others
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By Region
> North America
o U.S.
o Canada
o Mexico
> Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
> Asia-Pacific
o Japan
o China
o Australia
o India
o South Korea
o Taiwan
o Rest of Asia-Pacific
> LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Turkey
o Rest of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
Some of the Key Questions Answered in this Report:
- What is the Market dimension at the regional and country-level?
- What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
- What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
- Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
- What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
- Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
- What targeted method and constraints are keeping the Market?
- What are the distinct sales, marketing, and distribution channels in the world industry?
- What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
- What are the key market tendencies impacting the increase of the Market?
- Economic have an impact on the Market enterprise and improvement vogue of the Market industry.
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