PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1524278
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1524278
Global Indwelling Catheters Market size will grow at 4% CAGR during 2024-2032, driven by growing geriatric population and increasing awareness regarding healthcare services & treatments.
The rising incidence of urinary issues is also a major growth driver for the market. According to urology care Foundation, approximately 60% of women and 12% of men will experience UTI at least once in their lifetime. As urinary illnesses such as urinary incontinence, urinary retention, and neurogenic bladder dysfunction increase, the demand for indwelling catheters will rise in the coming years. These conditions affect individuals across various age groups, but they are especially common among the elderly population 50. Factors like changes in bladder functioning with ageing, neurological conditions, and chronic health problems contribute to the increasing prevalence of urinary disorders. Consequently, healthcare providers increasingly depend on indwelling catheters to manage urinary retention and related issues, driving market growth.
Indwelling Catheters industry is classified based on type, product, material, application, end-use and region.
Suprapubic catheters segment will grow rapidly through 2032, owing to advantages such as decreased risk of urethral trauma, low incidence of urinary tract infections UTIs, and increased patient comfort. These catheters are appropriate for long-term urinary catheterization. Their alternative route for urine drainage reduced complications related to urethral catheterization. Additionally, they are compatible with diverse patient populations, including those with spinal cord injuries or neurogenic bladder dysfunction, favoring their popularity.
The 4-way catheters segment will register decent growth through 2032. 4-way catheters are equipped with 4 channels which allows simultaneous drainage of urine, inflation of the balloon, irrigation of the bladder, and use of medication. Their versatility makes them irreplaceable for a variety of clinical treatments, such as post-operative care and neurogenic bladder dysfunction management. As healthcare facilities place an emphasis patient-centric care and seek to balance clinical outcomes, the demand for 4-way catheters will surge.
Europe indwelling catheters industry size will grow steadily through 2032, owing to a well-established healthcare system, surging geriatric population, and increasing incidences of urinary issues. The favorable reimbursement scenario, government policies aimed to expand healthcare access, and a strong presence of industry players in the region are creative a positive outlook. Moreover, ongoing R&D activities focused on improving catheter technology and acknowledging clinical requirements will further contribute to market growth.