Latest News - Intermittent Catheters Market: Hospitals are expected to lead the End-user segment during 2024-2028

The Intermittent Catheters Market is being driven by Increasing incidence of urinary incontinence coupled with aging population

The Intermittent Catheters Market is expected to grow at a CAGR of 7.25% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1221 million. In the intermittent catheters market, suppliers offer a diverse range of products in terms of shape, size, material, and coating. Caregivers make informed decisions based on medical requirements, duration of use, patient preference, and potential risks. Three primary biocompatible materials dominate the market: silicon, PVC, and latex rubber. Silicone, the most widely used material, boasts extensive safety testing and inherent biocompatibility, despite its higher cost due to mass production. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Hospitals
  • Ambulatory surgery center
  • Medical research center
• Product
  • Uncoated intermittent catheters
  • Coated intermittent catheters
  • Closed system intermittent catheters
• Geography
  • North America
    • US
  • Europe
    • Finland
    • Germany
    • Italy
  • Asia
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing incidence of urinary incontinence coupled with aging population
• Growing preference for homecare
• Rapid shift in adoption of coated catheters from uncoated catheters

However, the market also witnesses some limitations, which are as follows:

• Risks/complications associated with intermittent catheters
• Threat from substitutes/alternative treatments for urinary incontinence
• Increase in stringent regulations

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Market Scope in Intermittent Catheters Market Research Report

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Research Analysis Overview

The Intermittent Catheter Market encompasses a range of medical devices used for the management of Urinary Incontinence and other related indications, particularly in the Geriatric population and those with Spinal Cord Injuries. These catheters, which fall under the Category of Uncoated and One-time use, are available in various materials such as Silicone, Latex Rubber, and Vinyl, with some advanced options made of Polyvinyl Chloride (PVC). Hydrophilic antimicrobial coatings are increasingly being used to enhance the functionality and durability of these catheters. Despite their clinical benefits, the Intermittent Catheter Market faces challenges due to the Lack of Awareness among healthcare professionals and patients, as well as intense Price Competition. The market is witnessing a significant Rise in Urinary Tract Infections and Urinary Bladder issues, leading to an increased demand for these catheters. The use of Intermittent Catheters in the Urrological field, particularly for the Urinary Bladder, is a growing trend.

Market Research Overview

The Intermittent Catheters Market is a segment of the expansive Global Healthcare Equipment Market, according to Technavio's classification. This market encompasses entities involved in the research, development, and manufacturing of intermittent catheters, a type of medical device used for urinary bladder drainage. Technavio determines the market size by aggregating the revenues of these manufacturers across various therapy areas. The Intermittent Catheters Market falls under the Devices segment of the healthcare equipment industry, which also includes advanced, differentiated, and clinically tested data-driven devices. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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