PUBLISHER: SkyQuest | PRODUCT CODE: 1623968
PUBLISHER: SkyQuest | PRODUCT CODE: 1623968
Global Urinary Catheter Market size was valued at USD 6.1 billion in 2023 and is poised to grow from USD 6.37 billion in 2024 to USD 8.99 billion by 2032, growing at a CAGR of 4.4% during the forecast period (2025-2032).
The urinary catheter market is poised for significant growth, driven by rising incidences of urinary tract infections (UTIs), urethral blockages, and malignancies affecting the urinary and reproductive systems. Furthermore, the expanding elderly demographic is contributing to increased demand for these medical devices. Urinary catheters, which are flexible tubes made from materials such as plastic, rubber, and silicone, play a vital role in bladder management. They provide essential support for patients dealing with conditions like urinary incontinence, urinary retention, post-prostate surgery complications, and neurological disorders, including spinal cord injuries and multiple sclerosis. With these compelling factors at play, the market for urinary catheters is expected to flourish in the coming years.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Urinary Catheter market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Urinary Catheter Market Segmental Analysis
Global Urinary Catheter Market is segmented by Product, Application, Gender, End-User and region. Based on Product, the market is segmented into Indwelling (Foley) Catheters, Intermittent Catheters and External Catheters. Based on Application, the market is segmented into Urinary Incontinence, Benign Prostatic Hyperplasia (BPH), Spinal Cord Injuries and Others. Based on Gender, the market is segmented into Male and Female. Based on End-User, the market is segmented into Hospitals, Long-term Care Facilities, Home Care Settings and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Urinary Catheter Market
The global urinary catheter market is significantly influenced by the increasing prevalence of urinary incontinence, especially among the aging population. As the number of elderly individuals continues to rise, projected to reach 1.5 billion by 2050 according to the United Nations, the demand for urinary catheters is expected to experience substantial growth. With 12.3% of the world's population currently aged 60 and older, and forecasts indicating this will increase to nearly 22% by mid-century, the incidence of urinary disorders such as urethral blockages and benign prostate hyperplasia caused by lifestyle factors presents profound market opportunities. Additionally, it's noteworthy that a considerable percentage of hospitalized patients and nursing home residents require urinary catheters, further driving market expansion prospects.
Restraints in the Global Urinary Catheter Market
The global urinary catheter market faces significant constraints, primarily due to the high incidence of urinary tract infections (UTIs) linked to catheter use. Urinary catheters are often associated with hospital-acquired infections, with around 75% of nosocomial UTIs resulting from their use. This highlights the risk involved when catheters are employed, as they are inserted into the bladder via the urethra for urine drainage. Approximately 15-25% of patients admitted to hospitals end up requiring urinary catheters, and prolonged use markedly increases the likelihood of developing catheter-associated UTIs (CAUTIs), thereby limiting market growth potential in this sector.
Market Trends of the Global Urinary Catheter Market
The global urinary catheter market is poised for substantial growth, driven by rising demand for hydrophilic intermittent catheters across various regions. Key factors fueling this trend include a growing incidence of prostate surgeries, a higher prevalence of benign prostate hyperplasia, urinary incontinence, and spinal cord injuries. Additionally, an increasing geriatric population necessitates enhanced urinary care solutions. Favorable reimbursement policies further support the adoption of intermittent catheters, making them more accessible. As healthcare systems globally prioritize patient comfort and quality of life, innovations and advances in urinary catheter technologies are expected to shape a dynamic market landscape through the forecast period.