Latest industry research report on Urinary Catheter Market. Urinary catheter is a partially flexible and hollow tube, which is used to collect and drain urine from the urinary bladder of patients suffering from medical conditions such as dementia, undergoing surgeries on body parts such as genitals or prostate, multiple sclerosis, urinary retention, and incontinence or spinal cord injury. As there is no treatment available for easy passing of urine from the body, urinary catheters are the only medical devices available that aid in this problem. Latex, silicone, or polyurethane is widely used to manufacture urinary catheters.
Large pool of geriatric population suffering from urinary disorders, growing demand for advanced urinary catheters, easy affordability of urinary catheters, and favorable reimbursement policies are the major factors fostering the demand of urinary catheters.
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However, patient incompliance, disposal concerns of used catheters, social stigma, and availability of substitutes are expected to hinder the market growth. About 75% of the UTIs contracted at hospitals are due to urinary catheters. The market players intend to develop advanced technologies, which cause less urinary tract infection to expand their foothold in the urinary catheters market.
For instance, in September 2015, Boston Scientific Corporation launched new balloon catheters, which were designed to cater to the issue of peripheral intervention. In addition, in September 2014, Boston Scientific Corporation acquired Bayer AG, to enhance the ability of healthcare solutions.
This report segments the world urinary catheters market based on product type, application, and geography.
World Urinary Catheters Market -By Product
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World Urinary Catheters Market -By Application
World Urinary Catheters Market -By Geography
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