PUBLISHER: Value Market Research | PRODUCT CODE: 1547646
PUBLISHER: Value Market Research | PRODUCT CODE: 1547646
The global demand for Indwelling Catheters Market is presumed to reach the market size of nearly USD 3.04 Billion by 2032 from USD 1.79 Billion in 2023 with a CAGR of 6.05% under the study period 2024-2032.
Indwelling catheters refer to flexible tubes passed by the urethra and bladders to assist easy urine drainage. It is also known as foley catheters and made using latex and silicone. It is considered an essential device in the urology department, helping patients with bladder dysfunction to drain urine into urine bags and reduce urology-related complications. Indwelling catheters are mainly used when a person has complications related to urine releases such as urinary incontinence, urinary retention, or when a patient has undergone surgery related to prostate or genitals. These devices are placed for a short time or even longer, depending on the requirement and patient condition. Indwelling catheters are available in various types, including two-way and three-way catheters. Globally, the rising number of surgeries and rising occurrences of diseases like kidney stones, urethra blockage, and other chronic ailments have raised the adoption of indwelling catheters.
The market is mainly driven by rising occurrences of urinary incontinence is fuelling the demand for urinary catheters. The growing geriatric population and increasing incidence of obesity, as these are two major risk factors for urinary incontinence, is driving the market. In addition to this, favorable reimbursement policies and a rise in the number of ailments such as gall bladder stones, enlargement of the prostate, kidney-related problems, and chances of nerve damage will boost the growth of the market. Further, a busy lifestyle, unhealthy eating habits, or indiscipline life pattern, and hectic lifestyle have resulted in urinary tract diseases that have positively impacted the growth of the market. However, factors such as the dearth of skilled workforces and complications related to catheterization, and the availability of alternatives hinder the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Indwelling Catheters. The growth and trends of Indwelling Catheters industry provide a holistic approach to this study.
This section of the Indwelling Catheters market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Indwelling Catheters market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Indwelling Catheters market include Cardinal Health Inc., B. Braun Melsungen AG, Becton, Dickinson, Company (BD), Coloplast Corp., Teleflex Incorporated, Bactiguard, Cook Medical LLC, Medline Industries Inc., SunMed, Amsino International Inc., Poiesis Medical LLC. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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