The global urinary catheters market is estimated to be valued at USD 5.83 Bn in 2024 and is expected to exhibit a CAGR of 5.9% during the forecast period (2024-2031). The global urinary catheters market has been growing steadily over the past few years. A urinary catheter is a tube used to drain and collect urine from the bladder. It helps remove urine from the bladder for patients who cannot urinate naturally due to various medical reasons. The increasing prevalence of urinary incontinence, surge in elderly population, and rising number of surgical procedures are some of the key factors responsible for bolstering the demand for urinary catheters worldwide. Additionally, technological advancements in catheter materials and designs have further expanded their application scope, thereby propelling the market growth. However, factors such as risks of infections associated with long-term catheter use and availability of alternative treatment options are likely to restrain the market growth to a certain extent during the forecast period.

Market Dynamics:

The global urinary catheters market is driven by the rising geriatric population, increasing incidence of urinary incontinence, and growing number of surgical procedures performed worldwide. According to United Nations, the global population aged 60 years and above is projected to grow from 962 million in 2017 to 2.1 billion by 2050. The elderly population is more prone to develop urinary incontinence due to weakening of bladder muscles. As per the National Association for Incontinence, urinary incontinence affects nearly 25 million Americans alone and costs around US$ 65 billion annually in the U.S. Moreover, surgical procedures, such as prostatectomy and cystoscopy, require the use of urinary catheters during and post-surgery. Increasing healthcare expenditure and demand for improved quality of life are also fueling the market growth. However, risks of infections associated with long-term catheter use and availability of alternative treatment options are projected to restrain market expansion. On the other hand, technological advancements in catheter design, materials, and coatings are expected to create new growth opportunities for market players during the forecast period.

Key Features of the Study:

• This report provides an in-depth analysis of the global urinary catheters market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global urinary catheters market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this includes B. Braun SE, Coloplast Group, BD, Cathetrix, Hollister Incorporated, Boston Scientific Corporation, Medtronic, Bactiguard AB, Amecath, Urocare Products, Inc., Rocamed, Cook, Ribbel International Limited, Sonoma Pharmaceuticals, Inc., Affera, Inc., Potrero Medical, and Ingenion Medical.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global urinary catheters market caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global urinary catheters market.

Detailed Segmentation-

• By Product Type:
  • Intermittent Catheter
    • Ported Peripheral Intravenous Catheters (PIVC)
    • Non-Ported Peripheral Intravenous Catheters (PIVC)
  • Indwelling (Foley) Catheter
  • External Catheter
• By Application:
  • Urinary Incontinence
  • Urinary Retention
  • Prostate Gland Surgeries
  • Spinal Cord Injuries
  • Others
• By End User:
  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers
  • Others
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

Company Profiles:

• Braun SE
• Coloplast Group
• BD
• Cathetrix
• Hollister Incorporated
• Boston Scientific Corporation
• Medtronic
• Bactiguard AB
• Amecath
• Urocare Products, Inc.
• Rocamed
• Cook
• Ribbel International Limited
• Sonoma Pharmaceuticals, Inc.
• Affera, Inc.
• Potrero Medical
• Ingenion Medical