PUBLISHER: Grand View Research | PRODUCT CODE: 1553657
PUBLISHER: Grand View Research | PRODUCT CODE: 1553657
The global urometer market size is expected to reach USD 851.6 million by 2030, registering a CAGR of 7.1% over the forecast period, according to a new report by Grand View Research, Inc. Increasing efforts by numerous nonprofit organizations and regional companies to promote awareness about incontinence care across the world are likely to stimulate product demand, thereby indirectly fueling the market growth. For example, with the consent of the International Incontinence Society, the World Federation of Incontinence Patients (WFIP) launched an annual campaign called "World Continence Week." This global campaign was launched to raise awareness about Urine Incontinence (UI), bladder weakness, and other disorders.
The Australian government has developed the 'Continence Aids Payment Scheme (CAPS).' This scheme assists people who have persistent or severe incontinence difficulties with their incontinence needs. In addition, the Australian government has developed the National Continence Management Program with an aim to promote awareness about various bowel and bladder health issues. Healthcare professionals, such as urologists, gynecologists, urogynecologists, physiotherapists, primary care practitioners, nurses, and other professional organizations, have actively partaken to increase awareness about continence in all care settings.
Such efforts are anticipated to enhance the administration of incontinence treatment. Thus, increased awareness, rising implementation of appropriate reimbursement policies, a surge in R&D expenditures are expected to boost the market growth.