Kenneth Research recently added a report on ‘Urinary Catheters Market’ in its database of market research reports which provides its readers an in-depth analysis on the latest trends, growth opportunities and growth drivers that are associated with the growth of the market. The report additionally shares critical insights on the COVID-19 impacts on the Urinary Catheters Market, along with the compound growth rate (CAGR) of the market for a projected period between 2021 2025. The report also includes analysis of the market by utilizing different analytical tools, such as PESTEL analysis and Porter’s five forces analysis. These tools also provide an in-depth analysis on the micro and macro-environmental factors that are associated with the growth of the market during the forecast period.
The global Urinary Catheters Market was valued at USD 1.15 billion in 2016 and is projected to reach USD 2.37 billion by 2025, growing at a CAGR of 8.39% from 2017 to 2025.
In urinary catheterization a latex, polyurethane, or silicone tube known as a urinary catheter is inserted into a patient’s bladder via the urethra. The need of these devices has increased in Healthcare sector in turn increasing the Market value of the Catheters also. The major reason is Larger Share of older age groups and lifestyle abnormalities leading to problems like obesity.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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1. Market Drivers
1.1 Growing obesity cases
1.2 Increase in the number of Surgeries and operations
1.3 Supportive reimbursement cases
2. Market Restraints
2.1 Alternates available to replace the device
1. Global Urinary Catheters Market, by Gender:
1.1 Male Urinary Catheters
1.2 Female Urinary Catheters
2. Global Urinary Catheters Market, by Type:
2.1 Coated Catheters
2.2 Uncoated Catheters
3. Global Urinary Catheters Market, By End User:
3.2 Long-Term Care Facilities
3.3 Other End Users
4. Global Urinary Catheters Market, by Indication:
4.1 Urinary Incontinence
4.2 General Surgery
4.3 Benign Prostatic Hyperplasia
4.4 Spinal Cord Injuries
5. Global Urinary Catheters Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
The major players in the market are as follows:
1. B. Braun Melsungen AG
2. Boston Scientific Corporation
3. Coloplast A/S
4. Convatec Group PLC
5. C.R. Bard, Inc.
6. Medtronic PLC
7. Teleflex Incorporated
8. Wellspect Healthcare (A Subsidiary of Dentsply IH Ltd.)
10. Cook Medical
11. Hollister Incorporated
12. Pacific Hospital Supply Co. Ltd
13. Rochester Medical Corporation
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Urinary Catheters Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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