Urinary Catheters Market Size, Share & Trends Analysis Report 2021-2028
Urinary Catheters Industry Overview
The global urinary catheters market size was valued at USD 4.65 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 7.0% from 2021 to 2028. An increase in the number of patients suffering from Urinary Tract Infections (UTIs) and blockages in the urethra, rising cases of tumors in the urinary tract or reproductive organs, and the rapidly growing geriatric population are some of the key factors driving the market growth. A urinary catheter is a partially flexible tube for draining urine from the bladder. The materials that are used in the manufacturing of these catheters include plastic, rubber, and silicon. Doctors recommend the use of urinary catheters in the case of Urinary Incontinence (UI), urinary retention, prostate surgery, or other medical conditions, such as spinal cord injury, multiple sclerosis, or dementia.
Urinary Incontinence (UI) is one of the urinary disorders that is on a constant rise in the U.S., which drives the overall market. According to the National Center for Biotechnology Information (NCBI), women are more prone to the risks of developing UI. The growing geriatric population is another key factor responsible for the increasing demand for urinary catheters, as with age, the urinary system gets affected, such as changes in the bladder wall, weakening of the bladder muscles, or blockage of the urethra due to weakened muscle or enlargement of the prostate gland (in case of men). Elderly people face bladder control issues, such as leakage or UI or urinary retention and Chronic Kidney Disease (CKD).
Gather more insights about the market drivers, restrains and growth of the Global Urinary Catheters market
Urinary retention due to bladder neck obstruction, neurological abnormalities, and posterior urethral stricture is more common. The rising number of patients suffering from such urinary dysfunctions require catheterization for the management & drainage of urine and, thus, demand for these products is expected to advance the market. Intermittent catheterization is covered by Medicare and Medicaid when the basic criteria for reimbursement are met. The Medicaid program reimburses a patient for 120 intermittent catheters per month. The reimbursement covers straight, coude, catheters kits, and various brands of catheters with hydrophilic & antimicrobial coatings, whereas the Medicare program allows reimbursement for a maximum of 200 sterile and single-use intermittent catheters per month.
For reimbursement coverage of these intermittent catheters, patients require a doctor’s prescription to validate that they are suffering from urinary retention or incontinence. Medicare coverage also includes coude tip catheters, depending on the preference and need of the user. Thus, a favorable reimbursement scenario in the country is also supporting the market growth. According to the National Association for Continence, people aged 40 years and above are mostly affected by overactive bladder and urine urgency. Urinary incontinence is more prominently seen in the older population, which results in a poor quality of life and morbidity.
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Urinary Catheters Market Segmentation
Grand View Research has segmented the global urinary catheters market on the basis of product, application, and region:
Urinary Catheters Product Outlook (Revenue, USD Million, 2016 - 2028)
- Intermittent
- Foley/Indwelling
- External
Urinary Catheters Application Outlook (Revenue, USD Million, 2016 - 2028)
- Benign Prostate Hyperplasia (BPH) & Prostate Surgeries
- Urinary Incontinence
- Spinal Cord Injury
- Others
Regional Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2028)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
Market Share Insights
2019: Hollister Inc. launched Infyna Chic intermittent catheter in female hydrophilic catheter products.
Key Companies profiled:
Some prominent players in the global Urinary Catheters market include
- Hollister, Inc.
- Medtronic PLC
- Boston Scientific Corp.
- Becton Dickinson And Company (C.R. Bard, Inc.)
- Cook Medical
- Teleflex, Inc.
- Medline Industries, Inc.
- J and M Urinary Catheters LLC
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