Global Catheters Market Drivers:
Increasing demand for catheters to propel market growth
One of the key factors expected to boost the growth of the global catheters market over the forecast period is the increasing demand for catheters around the world. For instance, catheters are medical devices that can be inserted in the body to treat a variety of disease or perform a surgical procedure. Therefore, there is an increasing demand for catheters around the world. In January 2023, Coloplast launched the SpeediCath Flex Set catheter in the U.S. Designed for people living with bladder and urinary problems, the new SpeediCath Flex Set with a ‘no touch dry sleeve’ and oBni-directional tip is available as a catheter and bag solution, also called a Closed System.
One of the key factors expected to hamper growth of the global catheters market is the risks and complications associated with catheters. For instance, the disadvantage of using a urinary catheter is that it can sometimes allow bacteria to enter the body. This can cause an infection in the urethra, bladder, or the kidneys; known as urinary tract infections (UTIs). Moreover, the repeated usage of catheters led to an increase in the incidence of Catheter-related Blood-Stream Infections (CABSI) and associated risks and complications in patients who underwent catheter insertions.
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