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. 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.
This report segments the world urinary catheters market based on product type, application, and geography. Based on product type, the market is segmented into indwelling catheter, intermittent catheter, and external catheter. Based on application, the market is classified into spinal cord injury, urinary retention, prostate gland surgery, and urinary incontinence. The market is analyzed on the basis of regions, which include North America, Europe, Asia-Pacific, and LAMEA.
Leading companies have adopted strategies such as new product launch and acquisition to expand their product portfolio and gain a competitive edge in the 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. The key players profiled in this report are Boston Scientific Corporation, Hollister Incorporated, Teleflex Incorporation, CR Brad, Inc., Cure Medical, Cook Medical, CompactCath, ConvaTec, BioDerm, Coloplast A/S, and B. Braun Melsungen AG..
KEY BENEFITS:
The report provides a quantitative analysis of the current market and estimations from 2014 to 2021.
The world urinary catheters market is analyzed based on product type, application, and geography.
The urinary catheters market is analyzed based on regions to understand the regional trends across various geographies.
SWOT analysis highlights the internal environment of key market players to facilitate effective strategy formulation.
Key market players within the world urinary catheters market are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of world urinary catheters market.
URINARY CATHETERS MARKET KEY SEGMENTS:
World Urinary Catheters Market -By Product
Indwelling catheter
Intermittent catheter
External catheter
World Urinary Catheters Market -By Application
Spinal cord injury
Urinary retention
Prostate gland surgery
Others
World Urinary Catheters Market -By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Others
Asia-Pacific
India
China
Japan
Others
LAMEA
Latin America
Middle East
Africa
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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