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

Urinary Catheters Market size was valued at USD 2.2 billion in 2022 and is poised to grow from USD 2.32 billion in 2023 to USD 3.59 billion by 2031, growing at a CAGR of 5.6% during the forecast period (2024-2031).

The main growth drivers of the market include the continuously aging population, growing patients with cases of blockages in the urethra or urinary tract infections, and high incidence rates of cancers involving the reproductive or urinary tract. A rather flexible tube that is used to drain out the bladder is called a urinary catheter. These catheters are made of silicon, rubber, and plastic. In cases of urine incontinence (UI), urinary retention, prostate surgery or other diseases like multiple sclerosis, dementia, or spinal cord injury, doctors suggest the use of urinary catheters. To minimize the risk of transmission of COVID-19, governments of the whole world also advise the patients suffering from urological diseases to have teleconsultation services. Online therapy has become highly in demand among patients regarding health issues. For those who are unable to visit medical institutions to seek their appropriate treatments, many market players are opening online platforms that can offer advice and counseling. Main drivers of demand for the product globally is the incidence of urological diseases that bring about bladder dysfunction is increasing. The diseases include kidney stones, benign prostatic hyperplasia, urine retention, cystitis, and urinary incontinence. Catheterization for urine control and drainage will be need with more cases of patients with various urinary dysfunctions.