Urinary Catheters Market Size, Share, Growth Analysis, By Product(Indwelling Catheters, Intermittent Catheters, External Catheters), By Type(Coated Catheters, Uncoated Catheters), By Usage(Male Urinary Catheters, Female Urinary Catheters), By Application(Urinary Incontinence, General Surgery, Benign Prostatic Hyperplasia, Other Applications), By End User(Hospitals, Long-Term Care Facilities, Other End Users), By Region - Industry Forecast 2024-2031

North America garnered a revenue share of over 34.4% in 2023 and is expected to increase multifold in the future. The regional market is currently showing high growth attributed to the increasing incidence of targeted diseases including bladder obstruction, UI, Benign Prostate Hyperplasia (BPH), urine retention, and bladder cancer. According to the National Association for Continence, Urine urgency and Overactive Bladder (OAB) are common to people 40 years of age and older. According to the American Society of Nephrology, urologic disorders account for approximately 47% of all physician visits and are ranked as the third most common complaint among Americans aged 65 and older.  

Asia-Pacific is expected to grow at the fastest pace during the forecast period among regional markets. This regional market is driven by an increasing incidence of UTI, BPH, and spinal cord injury. In this region, urinary tract infections are among the most common infectious disorders. This has major financial implications in the community and is associated with high morbidity and mortality rates, especially in hospitals. Therefore, factors such as constipation, vaginal deliveries, parity, obesity, surgery, and chronic respiratory issues have been driving this market in Asia-Pacific, along with increasing risks of UTI, especially amongst older women. In addition, increasing government spending along with investment by key market players and awareness programs through various organizations are expected to drive the growth of the market during the forecast period. For instance, the Urological Society of India designed guidelines for awareness on urine incontinence across the nation. It is on the same basis that the Korean Incontinence Society is making efforts to raise awareness regarding issues related to urology and the lower urinary tract and the pelvic floor in South Korea. Therefore, all these factors are anticipated to drive the market through the forecast period.