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18-Jun-2019

Intermittent Catheters Market Is Primarily Driven By High Adoption Of Several Types Of Intermittent Catheters Across The Globe

The intermittent catheter is a type of urological catheter and it is used among urine retention patients to drain urine from the urinary bladder. The intermittent catheters largely used in several conditions such as incontinence, urinary retention, and other bladder problems and are used for a short period of time. In addition, urinary incontinence can be caused due to several diseases related with neurogenic bladder including multiple sclerosis, spinal cord injury, and others. in addition, the intermittent catheter is used for collecting urine with the help of catheter tube, in the collecting bag by inserting it into urethra. Intermittent catheters are known as in/out catheters or Robinson-Nelaton and different types of catheters available in the market including PVC intermittent catheters, red rubber intermittent catheters, and silicone intermittent catheters.

The Global Intermittent Catheters Market was valued at US$ 1,780.7 Mn in 2018 and is forecasted to increase significantly at a CAGR of 9.1% from 2019 to 2028. Rising incidence of urinary incontinence among patients and geriatric population increasing across the globe resulting in increasing demand for intermittent catheters in developed and developing countries. These are main reasons for the high growth of the intermittent catheters. In addition, growing awareness about types of advanced intermittent catheters in the regions and an increasing number of spinal cord injury patients across the globe resulting in growing demand for intermittent catheters across the globe.

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Increasing adoption of intermittent catheters across the globe due to rising urinary infections and diseases among individuals and the rising number of surgeries in regions resulting in rising demand for intermittent catheters globally. These are some important reasons that support the growth of the target product. In addition, rising preference for intermittent catheters among the bladder infection patients and growing awareness about its benefits associated with the intermittent catheters such as safe, easy to use, effective, and others are other reasons for high growth of the intermittent catheters globally.

Furthermore, high focus on the development of advanced intermittent catheters and high adoption of biocompatible materials for the production of intermittent catheters by major manufacturers are other factors that help for the growth of the target product in the upcoming years. However, availability of intermittent catheters alternatives in the market and rising price competition at domestic level are some factors that may hamper the target market.

High adoption of intermittent catheters among urinary bladder diseases patients and high health concern among individuals in the countries such as the US and Canada in the North America region will register the fastest growth in the global market. In addition, high presence of intermittent catheters manufactures and suppliers in countries in North America region. Increasing penetration of several types of intermittent catheters coupled with several features and rising adoption of intermittent catheters especially among geriatric population in countries such as the India, China, Germany, France, UK, and Russia in the Asia Pacific and Europe regions. Increasing awareness about silicone intermittent catheters, red rubber intermittent catheters, and PVC intermittent catheters among individuals in countries such as Israel, Brazil, South Africa, and Mexico in the Latin America and Middle East & Africa regions.

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Prominent players operating in the global intermittent catheters market including, Coloplast, Wellspect, Bard Medical, Hollister, ConvaTec, Medtronic, Teleflex, B.Braun, Medline Industries, and Cure Medical.

Source: https://media.market.us/intermittent-catheters-market-is-primarily-driven-by-high-adoption-of-several-types-of-intermittent-catheters-across-the-globe/3831/

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Last Updated: 18-Jun-2019