Urometer Market Growth & Trends
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. 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.
Urometer Market Report Highlights
- The 500 ml product segment held the largest share in 2023 owing to the extensive usage and a high number of products available with this chamber capacity.
- In terms of application, operative procedures held the largest market share in 2023 owing to the increasing volume of urological and gynecological surgeries across the globe.
- The hospital end-use segment held the largest market share in 2023 owing to the increase in hospital admission across the globe due to the rising patient pool and cases of COVID-19.
- Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period due to the rising volume of surgeries and the presence of a large population base.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Urometer Market Variables, Trends, & Scope
Chapter 4. Urometer Market: Product Estimates & Trend Analysis
Chapter 5. Urometer Market: Application Estimates & Trend Analysis
Chapter 6. Urometer Market: End-user Estimates & Trend Analysis
Chapter 7. Urometer Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive Landscape
Companies Mentioned
- BD
- Teleflex, Inc.
- Cardinal Health
- Medline Industries, Inc.
- ConvaTec Inc.
- Forlong Medical Co., Ltd.
- Hitec Medical Co., Ltd.
- Laborie
- Fannin
- Observe Medical ASA
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | August 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 528.4 Million |
| Forecasted Market Value ( USD | $ 851.6 Million |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
