Sarasota, FL -- (SBWIRE) -- 07/12/2018 -- Global Urinary Catheters Market: Overview
Urinary Catheter is a device that is attached in a tubular form serving the purpose of collecting urine from the bladder of the patient. It plays a vital role during the time of surgeries. It has also proven to be a very useful tool for the patients who do not have the control over their bladder due to the factor of ageing or certain condition like urinary incontinence, urinary retention, bladder obstruction, bladder cancer and many more. The number of people in the old age group is more prone to such diseases and hence the market of urinary catheters is emerging at a faster pace
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Global Urinary Catheters Market: Growth Factors
Owing to the growth in geriatric population and the rise in urology diseases (such as high prevalence of prostate gland surgeries), the demand for the urinary catheters is witnessing a considerable rise. The major factor of concern in the market for urinary catheters is the risk of infection in the urinary tract as it is supposed to be very sensitive and prone to viral attacks easily. This reason has posed a threat to the market at a global level. Adapting new innovations in order to eliminate the risks associated by its usage might create huge scope for the companies in global urinary catheters market in coming years. .
Global Urinary Catheters Market: Segmentation
There are three types of urinary catheters such as intermittent catheters, indwelling urinary catheters (Foley catheters), and supra-pubic catheters. Amongst these types, the intermittent urinary catheters are projected to reach the peak in the subsequent years. It is categorized as the most safe and primary choice of the specialists. A very simple and convenient to use product that facilitates the normal bladder dynamics is gaining a huge attraction in the medical field. Unlike Foley catheters (it can be replaced after at least three months), it needs to be switched to a new one after every use. Supra-pubic urinary catheters are used as an alternative to the intermittent type. Its complexity and expensiveness has made a concrete path for the intermittent urinary catheters to gulp the maximum portion of market share. Apart from the type of product, it is also segmented on the basis of end-user such as hospitals, clinics and home care.
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Global Urinary Catheters Market: Regional Analysis
As a result of the sophisticated healthcare system in countries of North America and the rise in number of patients with such conditions, this region holds the maximum portion of market share. The most lucrative markets are observed in the European countries as an outcome of optimum awareness amongst the patients in that region and their medical literacy rates. The market of urinary catheters in Asia Pacific is projected to witness the growth at a very high rate. Lack of the awareness about the instrument and its use is impeding the market in the regions of the Middle East and Africa. While in Latin America, the market is anticipated to grow at a gradual rate.
Global Urinary Catheters Market: Competitive Players
Few of the companies playing an active role in the global market of urinary catheters are B. Braun Melsungen AG, Medtronic PLC., Boston Scientific Corporation, C. R. Bard, Inc., Hollister, Inc., Teleflex, Inc., ConvaTec, Inc., Coloplast A/S, Cure Medical LLC., Teleflex Incorporated and so on.
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Global Urinary Catheters Market: Regional Segment Analysis
The Asia Pacific
The Middle East and Africa
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