Rising Cases of Urinary Incontinence to Boost the Indwelling Catheters Market Growth
Indwelling Catheters Market |
Indwelling catheters Market, by Type (Silicon and Latex Rubber), by Application (Urinary Incontinence, Urinary Retention, Benign Prostate Hyperplasia (BPH), and Others), by End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Others), and by Region (North America, Latin America, Europe, Middle East, Asia Pacific, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028
The Indwelling catheters Market is estimated to be valued at US$ XX million in XXX and is expected to exhibit a CAGR of XX% over the forecast period, as highlighted in a new report published by Coherent Market Insights. An indwelling urinary catheter is fixed similarly as intermittent catheter, however it can be left in place in the bladder for a duration, it is known as an indwelling catheter. It is kept in place with a balloon at one end, which is full with antiseptics water to inhibit the tube from being detached from the bladder. There are several kinds of Foley catheters.
According to Coherent Market Insights the Indwelling Catheters Market Size, Share, Outlook, and Opportunity Analysis, 2022–2028.
Competitive Landscape:
Key players involved in the global indwelling catheters market are Hollister Incorporated, Cardinal Health, Inc., Becton, Cook Group Incorporated, Dickinson and Company, Teleflex Incorporated, B. Braun Melsungen AG, Coloplast A/S, C.R. Bard, Inc., and Bactiguard AB.
Market Key Drivers:
Rising cases of urinary incontinence is expected to augment the growth of the global market. For instance, as per NCBI, around 200 million people suffer from urine incontinence globally.
The rising prevalence of urinary tract infection enhances the need of Foley catheters. They are used to clear the infection caused due to UTIs. This is projected to boost the growth of global market. For instance, as per NHSN, UTIs require indwelling catheters and as per CDC 15-25% of people who are hospitalized due to UTI receive indwelling catheters.
Covid-19 Impact Analysis:
The Covid-19 outbreak had an adverse impact on the growth of the global market as there was a surge in the cases of pandemic. The rising cases led to the delay or postponement of hospital visits. There was a digital patient monitoring which just gave medical attention. The delay treatments impeded the market growth.
Key Takeaways:
The global market is anticipated to exhibit a CAGR of XX % during the forecast period owing to rising cases of urinary retention. For instance, as per the American Academy of Family Physicians (AAFP), publishes that the total cases of urinary retention is 4.5 to 6.8 per 1,000 men yearly.
Among regions, North America, Europe and Asia Pacific are expected to witness robust growth in global market due to rising prevalence urological diseases, UTIs and HAIs. For instance, as per a report published, around 12.9% of people in U.S. get affected with infections.
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