Urinary Catheter Market – Insights
A urinary catheter is a partially flexible and hollow tube that collects urine from the bladder and leads to a drainage bag. Silicone, rubber and PVC are materials used to manufacture urinary catheter. Indwelling catheters, external catheters, and short-term catheters are the three main types of urinary catheters. One-time use catheters and reusable catheters are available. It is important to routinely clean catheters as indwelling urinary catheters may lead to healthcare-associated urinary tract infections (UTIs).

Global Urinary Catheter Market: Drivers

Increasing cases of urinary incontinence is expected to boost growth of the global urinary catheter market over the forecast period. For instance, according to International Continence Society, in 2018, 63 million people suffered from urgency urinary incontinence worldwide.

Moreover, increasing geriatric population is also expected to boost growth of the market. For instance, according to the World Health Organization, geriatric population is expected to reach 2 billion by 2050, up from 900 million in 2015.

North America region held dominant position in the global urinary catheter market in 2018, accounting for 39.6% share in terms of value, followed by Europe

Get PDF Brochure Of This Research Report @ https://www.coherentmarketinsights.com/insight/request-pdf/1198

Global Urinary Catheter Market: Restraints

Increasing incidence of urinary tract infections is a major factor hindering growth of the global urinary catheter market. For instance, according to National Center for Emerging and Zoonotic Infectious Diseases’ Epidemiology & Prevention of UTI NHSN 2018 Training factsheet, the prevalence of UTI was 10% among nursing home-associated infections.

Moreover, availability of disposable incontinence products such as adult diapers and pull-on absorbent pants is also expected to hamper growth of the global urinary catheter market.

Global Urinary Catheter Market: Opportunities

Key players in the market can focus on developing advanced urinary catheters that offer catheterization that limits the risk of leakage and infection while avoiding discomfort and resentment from urethral disorder.

Market Trends/Key Takeaways

Key players in the market are focused on launching novel urinary catheters that are designed for increased patient safety. For instance, in February 2019, Safe Medical Design, Inc. received the U.S. Food and Drug Administration (FDA) clearance for its Signal Catheter for commercialization in the U.S.

Key players in the market are focused on gaining contracts to enhance their market share. For instance, in March 2019, Poiesis Medical received an Innovative Technology contract for its Duette Dual Balloon Indwelling Urinary Catheter from Vizient, Inc.

Global Urinary Catheter Market: Competitive Landscape

Major players operating in the global urinary catheter market include, B. Braun Melsungen AG, Coloplast A/S, CR Bard Inc., Teleflex Inc., CATHETRIX, Hollister Incorporated, Boston Scientific Corporation, Medtronic, Hollister Inc., Bactiguard, and Cook Medical.

Request Sample Copy of Research Report @ https://www.coherentmarketinsights.com/insight/request-sample/1198

Global Urinary Catheter Market: Key Developments

Key players in the market are focused on adopting partnership strategies to enhance their market share. For instance, in November 2019, CATHETRIX, a developer of urinary (Foley) smart catheter fixations, partnered with Pro-Lab Diagnostics for the distribution of CATHETRIXS innovative FoleySafe catheter securement device in Canada, U.S. and the U.K.

Key players in the market are also focused on gaining reimbursement approval for their products. For instance, in September 2019, Bactiguard’s indwelling urinary catheters (Foleys) received approval for reimbursement in the Netherlands.


About Coherent Market Insights

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]