USD 2.4 billion
Report ID:
SQMIG35B2194 |
Region:
Global |
Published Date: October, 2024
Pages:
218
|Tables:
87
|Figures:
74
Intermittent Catheters Market size was valued at USD 2.29 Billion in 2023 and is poised to grow from USD 2.38 Billion in 2024 to USD 3.29 Billion by 2032, growing at a CAGR of 4.12% during the forecast period (2025-2032).
The intermittent catheter market growth is attributed to the rise in cases of urine incontinence among the aging population globally. Urinary incontinence, a widely prevalent disease among the elderly as well as others suffering from specific medical conditions, has increased its demand for catheters; more specifically, intermittent ones, because of their relative ease of use, relatively lower risk of infection, and efficiency in treating the ailment. That is why an increase in the world's population with age-related issues is expected to drive further growth in the market for medical devices aiding urinary care. Nevertheless, some issues limit the extension of the market. Businesses are limited in their opportunity to make money by how competitive the domestic price level is with producers offering cheaper alternatives. Besides, most people remain unaware of the benefits of the use of intermittent catheters, and other forms of catheters prevail over it in some areas of usage. Novel goods such as hydrophilic antimicrobial intermittent catheters provide lucrative development opportunities even in the presence of these barriers. Cutting-edge catheters address all major issues related to the use of catheters since they reduce the chances of acquiring urinary tract infections and ensure greater comfort to patients. As individuals and healthcare professionals look for safer, more efficient options for managing their urine, such advancements are probably going to increase demand for intermittent catheters and propel market growth.
Global Market Size
USD 2.4 billion
Largest Segment
Uncoated IC
Fastest Growth
Coated IC
Growth Rate
4.6% CAGR
To get more reports on the above market click here to Buy The Report
Global Intermittent Catheters Market is segmented by Product Type, Category, Material, Application, End User, and Region. Based on Product Type, the market is segmented into Uncoated Intermittent Catheter, Coated Intermittent Catheter (Antimicrobial, Hydrophilic, Other coated intermittent catheters). Based on Category, the market is segmented into Male Length, Female Length, Pediatric Length. Based on Material, the market is segmented into Latex, PVC, Silicone, Other material types. Based on Application, the market is segmented into Urinary Incontinence, Spinal Injuries, General Surgery, Other applications. Based on End User, the market is segmented into Hospitals, Ambulatory Surgical Centers, Homecare Settings, Other end users. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Product Type
Based on the 2023 intermittent catheters market analysis, the market is dominated by uncoated IC due to their availability and lower price. Many patients who require intermittent catheterization opt for these catheters because they are widely used in both home care and healthcare centers. These catheters are widely used because of their simple design, affordability, and convenience of use. These catheters need not be handled or maintained in any way, making it a great option for patients based in underdeveloped or resource-poor areas. In terms of volume and accessibility, uncoated intermittent catheters are the market leader even though they have now been replaced with more sophisticated alternatives.
During the next few years, the coated IC segment, especially those with hydrophilic or antimicrobial coating, is expected to command the market. Compared to their uncoated counterparts, these catheters offer numerous advantages including reduced friction and comfort for the patient. They also reduce the possibility of UTIs. Among the regular users of catheters, the hydrophilic coating will be advantageous in easy insertion and removal. Coated intermittent catheters will be more readily accepted due to increased awareness of patient comfort and infection prevention, thus emerging as a significant market niche for future growth.
Analysis By Application
As per the 2023 intermittent catheters market forecast, urinary incontinence is so prevalent, especially in older adults, it is the most common application for intermittent catheters. Intermittent catheters are one of the primary reasons that this condition, characterized by an inability to control urine, is used because it is a non-invasive and effective treatment. Due to the reduced risk of issues such as UTIs when using intermittent catheters, they are largely preferred by people, mainly the elderly for treating urine incontinence. Expansion of the market is projected to be largely driven by the extensive usage of intermittent catheters in treating urine incontinence.
However, significant growth in the application for spinal injuries is projected in the next years. An essential component of everyday treatment for people with spinal cord injuries is intermittent catheters, since they frequently struggle with bladder control. The demand for intermittent catheters in this market is expected to rise with the increasing frequency of spinal cord injuries across the globe, which is brought about by sports injuries, accidents, and other causes. The use of intermittent catheters by patients suffering spinal injuries is also boosted through the advances in catheter technology that offer comfort as well as a low rate of infection. This market is also expected to grow with an increase in the knowledge and treatment options.
To get detailed analysis on other segments, Request For Free Sample Report
On account of its advanced health care system, high level of public awareness about urinary health issues, and substantial healthcare expenditure, North America leads the intermittent catheters market. The dominance of this market is further supported by the presence of leading manufacturers in the region as well as strong legislative support for medical equipment. Furthermore, with an increasing incidence of age-related disorders, such as incontinence of urine, and an ever-growing older population in the US and Canada, there is a significant increased demand for intermittent catheters. North America's leadership is further consolidated by the intensified focus on healthcare innovation and accessibility, ensuring that the region remains at the forefront of advancing market growth and innovation in cutting-edge catheter technologies.
Contrarily, the intermittent catheters market is growing the fastest in Asia-Pacific due to factors such as rising healthcare infrastructure, increased awareness about urinary health issues, and increased healthcare costs. The region's aging population coupled with a growing incidence of chronic diseases such as diabetes often leading to urological conditions is fueling the demand for urological products such as intermittent catheters. The industry is booming because of government efforts to expand the affordability and accessibility of healthcare and the rapidly growing number of local and foreign businesses entering the market. These features make the Asia Pacific market highly dynamic, providing ample scope for expansion and innovation.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Intermittent Catheters Market Drivers
Rise in Spinal Cord Injury Cases
The number of spinal cord injuries is also significantly influencing the market for intermittent catheters as these often lead to the loss of bladder control. As patients with spinal cord injuries are often required to be catheterized at intervals, there is a greater need for safe and efficient intermittent catheters. This has grown to be a significant component in the market's expansion, especially in areas where spinal injury cases are prevalent.
Government Initiatives and Health Reforms
Demand for intermittent catheters, among other medical equipment, is spurred by government initiatives that aim at making health care more accessible and affordable to most of the citizens, especially developing nations. The market for urological devices is therefore growing globally and particularly in Asia Pacific because of better healthcare coverage and reimbursement and public awareness efforts about the diseases such as incontinence of urine.
Intermittent Catheters Market Restraints
Problems Associated with Extended Use
Intermittent catheters are typically considered safe, but prolonged use can sometimes lead to issues such as infection, bladder spasms, and urethral damage. In regions where healthcare providers prefer more invasive treatments or alternative measures, these concerns may prevent patients from using intermittent catheters often and thus slow down the uptake.
Limited Access in Low-Income Regions
The cost and distribution issues can limit access to high-quality intermittent catheters in rural and low-income locations, thus hindering the growth of the intermittent catheters market. In these places, due to limited access to necessary urological goods, patients may turn to less successful alternate methods of treating bladder dysfunction or incontinence.
Request Free Customization of this report to help us to meet your business objectives.
Coloplast, ConvaTec, BD, Medtronic, and Hollister are some of the major companies in the competitive intermittent catheter market. These companies specialize in new products that have been developed for comfort and prevent infection, such as hydrophilic and antimicrobial coatings. Strategic alliances, mergers, acquisitions, and user-friendly devices are used frequently to augment market presence. The increasing demand for sophisticated features and self-catheterization also intensifies the competition for these market leaders.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the intermittent catheters market is expected to grow considerably due to reasons such as spinal cord injuries, an aging population globally, and the increasing prevalence of urine incontinence. Improvements in patient comfort and safety through advancements in catheter technology, such as hydrophilic and antibacterial coatings, are further stimulating the market. Even though some of these problems such as high cost and less awareness in some of the areas still exist, the government programs and technology are helping in taking out those problems. Environment friendly solutions and home-based catheterization are also getting more market attention. The market for intermittent catheters is expected to continue evolving in the following years and is expected to provide new opportunities for development and innovation, based on various factors including patient-centric products, access to healthcare expanding, and growing awareness.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 2.20 billion |
Market size value in 2031 | USD 3.16 billion |
Growth Rate | 4.12% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Intermittent Catheters Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Intermittent Catheters Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Intermittent Catheters Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Intermittent Catheters Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG35B2194
sales@skyquestt.com
USA +1 351-333-4748