(EMAILWIRE.COM, October 11, 2018 ) The urinary catheters market is expected to reach USD 2.19 Billion by 2022 from USD 1.45 Billion in 2017, at a CAGR of 8.5% during the forecast period.

The growing prevalence of urinary incontinence, increasing number of surgical procedures across the globe, and the favorable reimbursement scenario for the urinary catheters in the US and Asian countries are the major factors driving the growth of the market. In addition to this, the growth in the prevalence of urinary incontinence attributed to the rising aging population and increasing rates of obesity is also driving the market. The report segments the global market into product, catheter type, gender, indication, end user, and region.

On the basis of product, the market is segmented into condom catheters, intermittent catheters, and Foley catheters. In 2017, the Foley catheters segment is expected to account for the largest share of the market. The large share is attributed to the increasing number of surgeries, rising geriatric population, and increasing incidences of urinary incontinence.

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The urinary catheterization market, by catheter type is segmented into coated urinary catheters and uncoated urinary catheters. In 2017, coated urinary catheters are expected to account for the largest share of the market. Coated catheters ensure easier, more comfortable insertion, thereby reducing the risk of urethral damage and leading to better patient satisfaction. These advantages are driving the adoption of coated catheters.

Based on gender, the urinary catheters market is segmented into male catheters and female catheters. In 2017, male catheters are expected to account for the largest share of the global market. The large share of this segment can primarily be attributed to the rising geriatric male population and increasing incidence of urinary incontinence in men.

On the basis of indication, the urinary catheterization market is segmented into urinary incontinence, general surgery, benign prostatic hyperplasia, and spinal cord injuries. In 2017, the urinary incontinence segment is expected to account for the largest share of the market. The large share of this segment can primarily be attributed to the increasing incidence of urinary incontinence.

On the basis of end user, the market is segmented into hospitals, long-term care facilities, and other end users. In 2017, hospitals are expected to form the largest end-user segment in the global market. The large share of this segment is attributed to increasing number of hospitals.

The global urinary catheters market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). However, the market in the Asia is expected to witness the highest growth during the forecast period. Emerging economies such as China and India are expected to provide growth opportunities for players in the global market during the forecast period. The increasing number of hospitals, improving healthcare infrastructure, increasing incidence of urinary incontinence, and growing geriatric population are the key factors driving the growth of the market in Asia.

The urinary catheterization market is highly fragmented in nature with several big as well as emerging players. Prominent players in this market include B. Braun Melsungen AG (Germany), Coloplast A/S (Denmark), C.R. Bard, Inc. (US), Hollister Incorporated (US), Medtronic plc (Ireland), Cook Medical (US), Teleflex Incorporation (US), and ConvaTec Group plc (UK).

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