Market Definition:
At an estimated value of over USD 2.34 billion in 2019, the Global Urinary Incontinence Devices Market is predicted to thrive at a CAGR of 8.5% and valued at over USD 5.74 billion over the forecast year 2020-2030. Urinary incontinence is the medical condition that causes unintended leakage of urine. It is differentiated into types including, stress urinary incontinence, overflow urinary incontinence, urge urinary incontinence, and functional urinary incontinence. It is more common in women than men and the likelihood of urinary incontinence surges with age. For instance, as per the American Urological Association (AUA), about 15 million men and women suffers from Urinary incontinence and it affects about 33% of older women and 15% to 20% of older men.
Market Dynamics and Trends:
Rising occurrence of urinary incontinence, development of technologically advanced urinary catheters, and upsurge in elderly population that normally suffers from urinary incontinence or the incontinence related to chronic conditions drive the market growth. However, lack of awareness among the incontinent patient is projected to hamper the growth of the market during forecast period. On the other hand, emerging economies around the globe are expected to offer lucrative opportunities for the market expansion. This is attributed to the burgeoning population and limited penetration of the urinary incontinence devices across these countries.
Market Segmentations and Scope of the Study:
The global urinary incontinence devices market share is segmented on the basis of product, category, incontinence type, end user, and geography. On the basis of product, the market is categorized into urinary catheters, electrical stimulation devices, vaginal slings, artificial urinary sphincters, and other devices. According to the category, the market is segmented into external urinary incontinence devices, and internal urinary incontinence devices. As per the incontinence type, the market is divided into stress incontinence, overflow incontinence, urge incontinence, and functional incontinence. On the basis of end user, the market is segmented into clinics, hospitals, and others. Geographic fragmentation and analysis of each segment includes regions comprising North America, Europe, Asia Pacific and RoW.
Geographical Analysis:
In terms of geography, North America held major share of the market in 2019. This is due to the increased number of elderly population and the availability of technologically advanced healthcare infrastructure. However, Asia pacific is expected to witness highest growth during the forecast period due to the rising awareness regarding advanced medical devices in the region. In addition, the upsurge in number of elderly populations in Japan is one of the key drivers for the urinary incontinence market in the region during the forecast period.
Competitive Landscape:
Lucrative growth opportunities make the urinary incontinence devices market highly competitive. Some of the major players in the market are Coloplast, C. R. Bard, Boston Scientific Corporation, Inc., ConvaTec Group Plc, Ethicon, Inc., Covidien plc (Medtronic), Prosurg, Inc., Caldera Medical Inc, Cook Medical, and Cogentix Medical Inc. among others. A number of developmental strategies have been adopted by companies in the past few years. For instance, in August 2019, Elidah Inc., a medical device company launched ELITONE, the only and first patented medical device that offers non-invasive treatment for stress urinary incontinence in women.
KEY MARKET SEGMENTS:
Global Urinary Incontinence Devices Market- By Product
Global Urinary Incontinence Devices Market - By Category
Global Urinary Incontinence Devices Market - By Incontinence Type
Global Urinary Incontinence Devices Market - By End User
Global Urinary Incontinence Devices Market - By Region
At an estimated value of over USD 2.34 billion in 2019, the Global Urinary Incontinence Devices Market is predicted to thrive at a CAGR of 8.5% and valued at over USD 5.74 billion over the forecast year 2020-2030. Urinary incontinence is the medical condition that causes unintended leakage of urine. It is differentiated into types including, stress urinary incontinence, overflow urinary incontinence, urge urinary incontinence, and functional urinary incontinence. It is more common in women than men and the likelihood of urinary incontinence surges with age. For instance, as per the American Urological Association (AUA), about 15 million men and women suffers from Urinary incontinence and it affects about 33% of older women and 15% to 20% of older men.
Market Dynamics and Trends:
Rising occurrence of urinary incontinence, development of technologically advanced urinary catheters, and upsurge in elderly population that normally suffers from urinary incontinence or the incontinence related to chronic conditions drive the market growth. However, lack of awareness among the incontinent patient is projected to hamper the growth of the market during forecast period. On the other hand, emerging economies around the globe are expected to offer lucrative opportunities for the market expansion. This is attributed to the burgeoning population and limited penetration of the urinary incontinence devices across these countries.
Market Segmentations and Scope of the Study:
The global urinary incontinence devices market share is segmented on the basis of product, category, incontinence type, end user, and geography. On the basis of product, the market is categorized into urinary catheters, electrical stimulation devices, vaginal slings, artificial urinary sphincters, and other devices. According to the category, the market is segmented into external urinary incontinence devices, and internal urinary incontinence devices. As per the incontinence type, the market is divided into stress incontinence, overflow incontinence, urge incontinence, and functional incontinence. On the basis of end user, the market is segmented into clinics, hospitals, and others. Geographic fragmentation and analysis of each segment includes regions comprising North America, Europe, Asia Pacific and RoW.
Geographical Analysis:
In terms of geography, North America held major share of the market in 2019. This is due to the increased number of elderly population and the availability of technologically advanced healthcare infrastructure. However, Asia pacific is expected to witness highest growth during the forecast period due to the rising awareness regarding advanced medical devices in the region. In addition, the upsurge in number of elderly populations in Japan is one of the key drivers for the urinary incontinence market in the region during the forecast period.
Competitive Landscape:
Lucrative growth opportunities make the urinary incontinence devices market highly competitive. Some of the major players in the market are Coloplast, C. R. Bard, Boston Scientific Corporation, Inc., ConvaTec Group Plc, Ethicon, Inc., Covidien plc (Medtronic), Prosurg, Inc., Caldera Medical Inc, Cook Medical, and Cogentix Medical Inc. among others. A number of developmental strategies have been adopted by companies in the past few years. For instance, in August 2019, Elidah Inc., a medical device company launched ELITONE, the only and first patented medical device that offers non-invasive treatment for stress urinary incontinence in women.
KEY MARKET SEGMENTS:
Global Urinary Incontinence Devices Market- By Product
- Urinary Catheters
- Foley catheters
- Other urinary catheters
- Electrical Stimulation Devices
- Vaginal Slings
- Conventional vaginal slings
- Advanced vaginal slings
- Artificial Urinary Sphincters
- Other Devices
Global Urinary Incontinence Devices Market - By Category
- External Urinary Incontinence Devices
- Internal Urinary Incontinence Devices
Global Urinary Incontinence Devices Market - By Incontinence Type
- Stress Incontinence
- Overflow Incontinence
- Urge Incontinence
- Functional Incontinence
Global Urinary Incontinence Devices Market - By End User
- Clinics
- Hospitals
- Other
Global Urinary Incontinence Devices Market - By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- Spain
- France
- Rest of Europe
- Asia-Pacific
- Japan
- India
- Australia
- China
- Rest of Asia-Pacific
- RoW
- Brazil
- South Africa
- Turkey
- Saudi Arabia
- Remaining Countries
Table of Contents
1. Introduction
2. Market Snapshot, 2019-2030 Million USD
4. Market Dynamics
5. Global Urinary Incontinence Devices Market, by Product
6. Global Urinary Incontinence Devices Market, by Incontinence Type
7. Global Urinary Incontinence Devices Market, by Category
8. Global Urinary Incontinence Devices Market, by End-user
9. Global Urinary Incontinence Devices Market, by Region
10. Company Profiles
Executive Summary
Urinary Incontinence Devices: Global Market Size, Trends, Competitive, Historical & Forecast Analysis, 2020 - 2030. Rising occurrence of urinary incontinence and development of technologically advanced urinary catheters are factors driving the urinary incontinence devices.Urinary incontinence is the medical condition that causes unintended leakage of urine. It is differentiated into types including, stress urinary incontinence, overflow urinary incontinence, urge urinary incontinence, and functional urinary incontinence. Upsurge in elderly population that normally suffers from urinary incontinence or the incontinence related to chronic conditions drive the market growth. However, lack of awareness among the incontinent patient is projected to hamper the growth of the market during forecast period.
The global urinary incontinence devices market share is segmented on the basis of product, category, incontinence type, end user, and geography. On the basis of product, the market is categorized into urinary catheters, electrical stimulation devices, vaginal slings, artificial urinary sphincters, and other devices. According to the category, the market is segmented into external urinary incontinence devices, and internal urinary incontinence devices. As per the incontinence type, the market is divided into stress incontinence, overflow incontinence, urge incontinence, and functional incontinence. On the basis of end user, the market is segmented into clinics, hospitals, and others. Geographic fragmentation and analysis of each segment includes regions comprising North America, Europe, Asia Pacific and RoW.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Coloplast
- C. R. Bard
- Boston Scientific Corporation, Inc.
- ConvaTec Group Plc
- Ethicon, Inc.
- Covidien plc (Medtronic)
- Prosurg, Inc.
- Caldera Medical Inc
- Cook Medical
- Cogentix Medical Inc.