USD 2.4 billion
Report ID:
SQMIG35B2194 |
Region:
Global |
Published Date: October, 2024
Pages:
218
|Tables:
87
|Figures:
74
Global Intermittent Catheters Market size was valued at USD 2.20 billion in 2022 and is poised to grow from USD 2.29 billion in 2023 to USD 3.16 billion by 2031, growing at a CAGR of 4.12% during the forecast period (2024-2031).
When a person is unable to urinate on their own, an intermittent catheter—a type of urological catheter—is used to empty the bladder of urine. The global geriatric population and the rise in incidences of urine incontinence are the main factors behind the expansion of the intermittent catheter market. Nevertheless, domestic pricing rivalry and a lack of knowledge regarding the advantages of intermittent catheters impede market expansion. Conversely, it is expected that the introduction of new catheters, including the hydrophilic antimicrobial intermittent catheters, will present profitable chances for market growth. For patients with idiopathic or neurogenic detrusor (bladder) dysfunction (NDO), intermittent catheterization is frequently recommended as an efficient bladder management method.
The market for intermittent catheters was significantly impacted negatively by the COVID-19 epidemic. Redirecting medical resources to combat the virus, overloading hospitals, and disrupting healthcare services and supply chains resulted in limited access to healthcare facilities for non-urgent cases and delays in elective treatments. This led to a decrease in the identification and management of urological disorders, which in turn impacted the need for intermittent catheters. The pandemic's effects on the economy and decreased disposable income also caused some patients to put off buying non-essential medical supplies, which had a further negative effect on the market.
Global Market Size
USD 2.4 billion
Largest Segment
Uncoated Intermittent catheters
Fastest Growth
Coated intermittent catheters
Growth Rate
4.6% CAGR
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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
As per categorization by product, the market is classified into uncoated intermittent catheters and coated intermittent catheters. Among these, uncoated Intermittent catheters earned the largest share and continue to dominate the market. Uncoated intermittent catheters have been developed and used with remarkable success in the worldwide intermittent catheter market, especially when it comes to patient comfort and infection control. Modern materials and designs have been added by manufacturers to improve usability and lower the possibility of issues. The trend towards uncoated choices is a reflection of the increasing focus on patient-centric solutions, which is propelling market expansion and enhancing global healthcare outcomes overall.
As coated intermittent catheters reduce the risk of infection and improve patient comfort, the global market for these devices is expected to develop rapidly. Coated catheters provide an answer to the growing concern about lowering infections linked to healthcare since they have hydrophilic or antimicrobial coatings that reduce friction during insertion and deter bacterial colonization. The market for coated intermittent catheters is predicted to develop at the quickest rate as patients look for goods that improve their quality of life and healthcare providers prioritize infection prevention practices.
Analysis by End User
Innovative developments in the use of intermittent catheters are being seen in hospitals across the globe with the goal of enhancing patient care and operational effectiveness. Improved catheter materials, such hydrophilic and silicone coatings, make insertions easier and lower the risk of infection, which is in line with hospitals' objectives of maximizing clinical results and minimizing problems. Furthermore, the incorporation of sophisticated catheterization methods and sterile procedures highlights a deliberate attempt to improve hospital care standards, which is propelling the development of the worldwide intermittent catheters market.
Ambulatory Surgical Centers (ASCs) and Medical Research Centers are poised for rapid growth in the global intermittent catheters market due to several factors. ASCs are increasingly preferred for outpatient procedures, driving demand for intermittent catheters as they offer convenience, cost-effectiveness, and reduced risk of hospital-acquired infections. Meanwhile, Medical Research Centers drive innovation by conducting trials and studies to improve catheter design and patient outcomes. As these facilities prioritize efficiency and innovation, they are anticipated to emerge as the fastest-growing segments, shaping the trajectory of the global market.
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Due to its sophisticated healthcare system, increased public awareness of urinary health issues, and high healthcare spending, North America leads the global intermittent catheter market. Leading manufacturers are present in the area, and the region's robust legislative backing for medical devices further adds to its market prominence. In addition, the number of senior people in the United States and Canada is growing, which increases the need for intermittent catheters and ensures industry growth and innovation.
Due to rising healthcare costs, increased public awareness of urinary health issues, and improved infrastructure for healthcare, the Asia Pacific region is experiencing the fastest growth in the intermittent catheter market. Other significant growth drivers are demographic changes like an ageing population and an increase in the prevalence of diseases like diabetes that require urological goods. Furthering the use of intermittent catheters in this region are government initiatives to promote healthcare access and increased market entry by both domestic and international enterprises.
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Drivers
Growing Urinary Diseases
Ambulatory Surgical Centre Expansion
Restraints
Complications Associated with Catheterization
Availability of Substitute Treatment Approaches
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The presence of numerous significant international firms aiming to develop and satisfy the various needs of patients characterises the competitive landscape of the worldwide intermittent catheters market. Prominent competitors in this market include Bard Medical, Coloplast, Hollister Incorporated, Teleflex Incorporated, and B. Braun Melsungen AG. To provide cutting-edge catheter designs, materials, and technologies, they consistently spend in research and development with the goal of improving patient comfort, lowering complications, and preserving their competitive advantage in the market.
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 by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the prevalence of urinary disorders, which require the use of catheters to treat conditions like urine retention and urinary tract infections and ultimately improve patients' quality of life, has a significant impact on the global market for intermittent catheters. Additionally, the market is shaped by the growing demand for self-catheterization, which is driven by patients' desire for greater autonomy in managing their urinary issues, as well as the growth of ambulatory surgical centers that offer catheterization support. Even though intermittent catheters are effective in managing urinary issues, such as UTIs and urethral injuries, which can lower quality of life and increase healthcare costs, the market for these devices faces significant challenges. In addition, competition from customized surgical procedures or medications poses a threat to the market.
The presence of significant international companies like Bard Medical, Coloplast, and Teleflex, among others, that consistently invest in research and development to innovate catheter designs and technologies, with the goal of improving patient comfort and minimising complications while maintaining their competitive edge in the market, characterises the global intermittent catheters market. The intermittent catheters market is expanding globally as a result of a shift towards patient-centric solutions that prioritise user comfort and reduce complications. At the same time, product innovations and technological advancements like hydrophilic coatings and antibacterial properties are improving patient outcomes and helping companies stand out from the competition.
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 |
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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 |
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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.
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Report ID: SQMIG35B2194
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