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Pharmaceutical

Increasing Cases of Urinary Incontinence Surging Demand for Indwelling Catheters

250 Pages Indwelling Catheters Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

According to Fact MR’s recent market research, sales of Indwelling Catheters to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.

Focus on improving overall patient care will remain a chief growth driver. Besides this, Indwelling Catheters market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Indwelling Catheters market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Glaucoma Therapeutics

The report offers actionable and valuable market insights of Glaucoma Therapeutics. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Indwelling Catheters Market across various industries and regions

Indwelling catheters market forecast analysis by Fact.MR

Fact.MR predicts the sales of indwelling catheters to exceed US$ 2 Bn by registering a positive CAGR of 7% through the forecast period 2021-2031. Surging incidence of urinary incontinence caused due to various ailments and rising number of surgeries performed across the world have been aiding the expansion of the indwelling catheters market. With patients and their caretakers becoming more willing to spend on advanced healthcare, demand is expected to surge significantly over the coming year

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Key Takeaways from the Market Study

  • By product type, 2-way catheters expected to hold nearly 50% market share
  • By material, latex based indwelling catheters expected to possess around 40% market share throughout the assessment period.
  • Hydrogel coatings expected to accumulate more than 45% market share for indwelling catheters in the forecast period.
  • Indwelling catheters for short-term usage expected to possess nearly 50% market share
  • By end user, hospitals expected to hold around 45% of market share for indwelling catheters.
  • North America will account nearly 45% of market share throughout the assessment period.
  • Europe is expected to possess 35% market share for indwelling catheters in the assessment period.
  • Asia to register nearly 25% of market share for indwelling catheters

“Increase in geriatric population globally along with demand from different regions is driving the demand for indwelling catheters.” States the Fact.MR analyst.

Competitive Landscape

  • In April 2021, Becton and Dickinson company announced long term clearance for 510(k) of Pristine Long Term Hemodialysis Catheter. The catheter works efficiently for patients suffering from end stage kidney disease.
  • In July 2021, Amsino International opened a manufacturing facility in Aurora. This manufacturing facility will produce and distribute medial device and products. This, in turn is expected to boost the sales of indwelling catheters.


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Key Segments Covered

·       Product

    • 2-way Indwelling Catheters
    • 3-way Indwelling Catheters
    • 4-way Indwelling Catheters

·       Material

    • Latex Indwelling Catheters
    • Silicone Indwelling Catheters

·       Coating Type

    • Hydrogel Coating Indwelling Catheters
    • Silver Alloy Coating Indwelling Catheters
    • Silicone-elastomer Indwelling Catheters
    • Other Coating Type Indwelling Catheters

·       Application

    • Indwelling Catheters for Short-term Usage
      • Post-surgical Care
      • Critical Care
    • Indwelling Catheters for Long-term Usage
      • Urinary Incontinence
      • Benign Prostate Hyperplasia

·       End User

    • Indwelling Catheters for Hospitals
    • Indwelling Catheters for Long-term Care Facilities
    • Indwelling Catheters for Other End Users


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Report Benefits & Key Questions Answered

  • Indwelling Catheters Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
  • Indwelling Catheters Historical volume analysis: The report provides a comparison of Glaucoma Therapeutics’s historical sales and projected sales performance for 2021-2031.
  • Indwelling Catheters Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Indwelling Catheters market. It carefully gauges the impact of changing healthcare needs of key demographics globally
  • Indwelling Catheters Consumption by demographics: The report investigates consumer behavior affecting Indwelling Catheters demand outlook for the assessment period. Effect of their keenness for digital trends on Indwelling Catheters market is carefully analyzed
  • Post COVID consumer spending on Glaucoma Therapeutics: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Indwelling Catheters market growth.

More Valuable Insights on Indwelling Catheters Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Glaucoma Therapeutics, Sales and Demand of Glaucoma Therapeutics, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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About Fact.MR

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Categories
Pharmaceutical

2-Way Indwelling Catheters will Account for a Leading Market Share In The Industry

Indwelling catheters, also called Foley catheters, are flexible tubes used for urinary catheterization. Surging incidence of urinary incontinence caused due to various ailments and rising number of surgeries performed across the world have been aiding the expansion of the indwelling catheters market.

Rising demand for quality patient care has also been aiding the growth of the indwelling catheters market. According to a recent study by Fact MR, the market is likely to showcase growth at an impressive CAGR of 6% from 2020 and 2030, doubling its value in the process. With patients and their caretakers becoming more willing to spend on advanced healthcare, demand is expected to surge significantly over the coming years.

Analysts at Fact.MR believe that, the move to a value- from volume-based system will offer price control and competitive tendering. These measures have been welcomed by the healthcare sector, especially since they will help improving healthcare outcomes as well as enable companies to achieve maximum value for their investments.

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indwelling catheters market region analysis

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Key Takeaways from Indwelling Catheters Market Study

  • 2-way catheters will account for a leading share in the indwelling catheters market among the products. These catheters are cost-effective and available widely, which have been helping expansion of the segment.
  • Latex will emerge as a more preferred material. Catheters made from latex score on reduced urethral irritation and minimal encrustation, which is why their demand is significantly higher.
  • In terms of coating type, hydrogel coated indwelling catheters are highly popular.
  • Hospitals will remain the leading end user in the indwelling catheters market through the course of the forecast period.
  • North America is forecast to remain dominant among regional markets through the forecast period.
  • Need for improved patient care to avoid infections, especially with the outbreak of COVID-19, is aid the growth of the indwelling catheters market.

Global Indwelling Catheters Market: Segmentation

Product

  • 2-way Catheters
  • 3-way Catheters
  • 4-way Catheters

Material

  • Latex
  • Silicone

Coating Type

  • Hydrogel Coating
  • Silver Alloy Coating
  • Silicone-elastomer
  • Others

Application

Short-term Usage

  • Post-surgical Care
  • Critical Care

Long-term Usage

  • Urinary Incontinence
  • Benign Prostate Hyperplasia

End User

  • Hospitals
  • Long-term Care Facilities
  • Others

Following Questions Answers Covered in the Report are:

  • How will the global Indwelling Catheters Market perform during the forecast period? What will be the market size in terms of value and volume?
  • Which segment will drive the global Indwelling Catheters Market? Which regional market will show extensive growth in the future? What are the reasons?
  • How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
  • What are the key strategies adopted by players to sustain themselves in the global Indwelling Catheters Market?
  • How will these strategies influence the market growth and competition?

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Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

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The Report Covers Exhaustive Analysis On:

  • Market Segments
  • Market Dynamics
  • Market Size & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Rising Use in Prostate Gland Treatment Fuelling Demand

Urinary catheters are frequently used in prostate gland medical procedures, especially for patients experiencing BPH. In one of its studies, the American Academy of Family Physicians (AAFP) found that, nearly 250,000 surgeries are conducted in the U.S. for BPH treatment, with nearly 2 million office visits.

The condition might as well emerge by virtue of damage or injury to the urethra, bladder, or penis, and is often associated with pregnancy in women. Use of urinary catheters in prostate gland surgery also is pretty common. Considering the surging demand witnessed in the market, some of the leading players in the indwelling catheters market are focusing on the development of technologically-advanced products to curb the incidence of urinary tract infections (UTIs), while allowing urologists to offer improved patient care. This has led to the launch of intermittent urinary catheters, produced using hydrophilic technology, which helps in enhancing their antibacterial properties. Some producers are even experimenting with diverse kinds of coatings to meet the needs of physicians. Spurred by these factors, the indwelling catheters market will surge positively over the coming years.

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Visit Our Website: https://www.factmr.com