Global Urinary Catheter Market Analysis 2021-2031

The global urinary catheter market is anticipated to grow with a CAGR of 5.83% over the forecast period, i.e., 2022 - 2031. Factors such as the increasing aged population around the globe and the rise in need for products that can help them lead a normal quality life, followed by the growing concern for urinary incontinence, are anticipated to drive the growth of the market in the coming years. Additionally, factors such as the growing prevalence of kidney diseases and the increasing advancements in the development of the product are also expected to boost the market growth during the forecast period. The market is estimated to garner a revenue of near to USD 4600 Million by the end of 2031, up from a revenue of about USD 2600 Million in the year 2021.

The global urinary catheter market is segmented into numerous segments, which include segmentation by mechanism, product, gender, application, end-user, and by region. By product, the market is segmented into intermittent catheters, indwelling catheters, and external catheters. The intermittent catheters segment, out of all the other segments, is projected to attain the largest revenue of more than USD 2500 Million by the end of 2031, up from a revenue of close to USD 1400 Million in the year 2021.

On the basis of regional analysis, the global urinary catheter market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in North America, amongst the market in all the other regions, is expected to garner the largest revenue of near to USD 2000 Million by the end of 2031, up from a revenue of about USD 1170 Million in the year 2021.

Some of the prominent industry leaders in the global urinary catheter market that are included in our report are B. Braun Melsungen AG, Boston Scientific Corporation, Coloplast Group, ConvaTec Group Plc, Becton, Dickinson and Company, Medtronic PLC, Teleflex Incorporated, Wellspect Healthcare (Dentsply Sirona Group), BACTIGUARD AB, Hollister Incorporated, Amsino International, Inc., and others.