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

Published In : Apr 2024

Code : CMI1198

Pages :204

Formats :

Excel and PDF

Industry : Medical Devices

Urinary Catheters Market Size and Trends

The global urinary catheters market is estimated to be valued at USD 5.83 Bn in 2024 and is expected to reach USD 8.69 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.

Urinary Catheters Market Key Factors

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Rising geriatric population suffering from urinary incontinence issues and increasing prevalence of urinary disorders are expected to drive the demand for various urinary catheters. Additionally, growing number of surgical procedures and subsequent increase in the demand for post-operative urinary catheterization will further aid the market growth during the forecast years. Increased healthcare expenditure and availability of advanced catheter products will also support the overall adoption of urinary catheters globally.

Increasing Product Launches by Key Market Players

Increasing adoption of organic growth strategies, such as product launches, by key market players is expected to drive the global urinary catheters market growth over the forecast period. For instance, in December 2021, Otsuka Pharmaceutical Factory, Inc., a healthcare company, announced that it had launched Actreen, an intermittent urological catheter, which is used during self-catheterization of patients who have lost the urge to urinate or usually have difficulty urinating.

Urinary Catheters Market Concentration By Players

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Increasing Awareness Campaigns

Increasing initiatives taken by the market players in collaboration with government agencies by conducting awareness campaigns for the maintenance of women hygiene may act as a driver for the market growth over the forecast period. For instance, in May 2022, Santex Products (Pvt.) Ltd., a female hygiene product offering company, and the United Nations Children's Fund (UNICEF), in collaboration with the School Education & Literacy Department, Government of Sindh, Pakistan, announced the launch of NoChuttiPlus campaign to educate adolescent girls about Menstrual Health and Hygiene (MHH), as risks associated with poor hygiene can directly affect reproductive health and cause urinary tract infections.