URINARY CATHETERS MARKET ANALYSIS

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

Regional Analysis

Urinary Catheters Market Regional Insights

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North America remains the dominant region in the global urinary catheters market and is estimated to hold 32.5% of the market share in 2024 owing to the presence of major industry players and growth of aging population in the region. The U.S. accounts for the largest share of the market due to a strong healthcare infrastructure and availability of advanced catheters. Additionally, favorable reimbursement policies have ensured the higher adoption of catheters driving the regional market growth.

Asia Pacific is poised to be the fastest growing market for urinary catheters over the forecast period. Countries such as China, India, Japan, and South Korea are expected to boost the regional market on account of rapid economic development and increasing healthcare investments. Rising medical tourism coupled with growing preference for low-cost devices available in the region is supporting the Asia Pacific market. Furthermore, the increasing incidence of urinary disorders among expanding aging population will accelerate the demand for urinary catheters in Asia Pacific.