How Will the Urinary Catheters Market Grow? Key Trends and Opportunities for 2025 and Beyond
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
How Will the Urinary Catheters Market Grow Over the Forecast Period Based on Its Expected CAGR?
The size of the urinary catheters market has significantly expanded in the past few years. From $5.58 billion in 2024, it is anticipated to reach $6.03 billion in 2025, representing a compound annual growth rate (CAGR) of 8.0%. This impressive growth during the historic period is attributed to several factors such as progress in medical science, improved infection control knowledge, elevated patient care standards, an increase in surgical operations and anaesthesia, and the influence of the industrial revolution.
The market for urinary catheters is projected to experience substantial expansion in the coming years, reaching $8.17 billion by 2029 with a compound annual growth rate (CAGR) of 7.9%. This predicted growth within the forecast period is mainly associated with factors such as the growing elderly population, heightened focus on preventing infections, increased healthcare spending, preference for minimally invasive procedures, telemedicine, and remote patient monitoring. Pertinent trends during the forecast period feature the incorporation of digital health technology, personalized catheterization interventions, technological development, the rise in collaborations, and strategic financial commitments.
Which Macro and Microeconomic Factors Are Accelerating the Growth of the Urinary Catheters Market?
The escalating prevalence of enduring diseases is anticipated to augment the urinary catheter market’s growth. These chronic diseases refer to persistent health issues that last a long time, often necessitating continuous management and treatments since they’re generally incurable. The prevalence of these diseases can be attributed to an aging population, poor lifestyle choices, and the availability and establishment of healthcare facilities. Urinary catheters play a crucial role in improving the life quality of those suffering from chronic diseases by ensuring efficient symptom management and minimizing potential health complications. For example, the American Cancer Society, a non-profit cancer advocacy organization based in the US, reported a growth of 3.16% in cancer cases in January 2023, an increase from 1,898,160 in 2021 to 1,958,310 in 2023. Consequently, the escalating prevalence of enduring diseases is stimulating the growth of the urinary catheter market.
Explore Comprehensive Insights Into The Global Urinary Catheters Market With A Free Sample Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15690&type=smp
Who Are the Dominant Players Expanding Their Reach in the Urinary Catheters Market?
Major companies operating in the urinary catheters market are:
• Medtronic PLC
• Becton Dickinson and Company
• Boston Scientific Corporation
• Medline Industries Inc.
• B. Braun Melsungen AG
What Are the Top Trends Shaping the Evolution of the Urinary Catheters Market?
Leading firms in the urinary catheter market are focusing on the development of cutting-edge products like foley catheter fixation, aimed at increasing patient comfort and mitigating complications. A Foley catheter fixation is a medical device specially crafted to ensure the Foley catheter does not move, or get displaced accidentally. The device often comes with adhesive pads or straps connecting to the patient’s skin and fasteners or systems to keep the catheter firmly in place. In the instance of Cathetrix, an Israel-established maker of intelligent catheter fixation appliances, they introduced Foley/Safe, a catheter stabilizer, in January 2023. This device proactively prevents accidental pullouts, keeps the catheter steady, and prevents unnecessary movement. With a patent-secured locking mechanism, the device ensures the catheter remains firmly positioned to avoid unintended removal, a critical factor in decreasing catheter-associated urinary tract infections (CAUTI) and improving patient comfort. Its ground-breaking design permits easy access to the catheter insertion location, promoting routine check-up and cleansing.
Secure Your Global Urinary Catheters Market Report Now for Fast and Efficient Delivery!
https://www.thebusinessresearchcompany.com/report/urinary-catheters-global-market-report
What Are the Main Segments of the Urinary Catheters Market, and How Are They Evolving?
The urinary catheters market covered in this report is segmented –
1) By Type: Coated Catheters, Uncoated Catheters
2) By Application: Benign Prostate Hyperplasia And Prostate Surgeries, Urinary Incontinence, Spinal Cord Injury, Other Applications
3) By End-User: Hospital, Clinics, Long-Term Care Facilities, Other End-Users
Subsegments:
1) By Coated Catheters: Hydrophilic Coated Catheters, Silicone Coated Catheters, Antimicrobial Coated Catheters
2) By Uncoated Catheters: Latex Catheters, Pvc Catheters, Silicone Catheters
Which Regions Are Setting the Pace for Urinary Catheters Market Growth?
North America was the largest region in the urinary catheters market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the urinary catheters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Is the Urinary Catheters Market Defined Across Different Regions?
Urinary catheters are medical devices used to drain urine from the bladder when a person is unable to do so naturally. These tubes are inserted into the bladder through the urethra or a small surgical opening in the abdomen. Urinary catheters are commonly used in various medical situations for patients with urinary retention or incontinence or those who are bedridden and unable to use a toilet.
Browse Through More Similar Reports By The Business Research Company:
Urinary Stone Treatment Devices And Equipment Global Market Report 2024
Urinary Tract Infection Treatment Global Market Report 2024
Genito-Urinary Drugs Global Market Report 2022
https://www.thebusinessresearchcompany.com/report/genito-urinary-drugs-global-market-report
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
