Report ID: SQMIG35B2194
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.
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Report ID: SQMIG35B2194