Dublin, Jan. 23, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/s69xdm/urinary_catheters) has announced the addition of the "Urinary Catheters Market (Indwelling or Foley Catheters, Intermittent Catheters and Male External or Condom Catheters) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020" report to their offering.
At present, the global market for urinary catheters is experiencing a healthy growth rate due to the constantly growing awareness levels of the people, availability of improved urinary catheters and improving economic condition as well as healthcare infrastructure in many nations. Urinary incontinence, urinary retention, prostate or genital surgery and medical conditions such as multiple sclerosis and neurological disorders, such as Parkinson's disease, dementia, etc. are some of the major causes that lead to the use of urinary catheters. Urinary catheters are available in various shapes, sizes and types that have been categorized into three major segments, namely, indwelling or Foley catheters, intermittent or temporary catheters and male external or condom catheters.
Intermittent catheters held the largest share of 58.7% of the global urinary catheters market followed by Foley catheters in 2013. Intermittent catheters are increasingly preferred over Foley or condom catheters by healthcare professionals as well as patients all over the world, especially in developed economies, such as the U.S., Western European nations and others. This is due to the fact that, Foley or indwelling type of urinary catheters have been largely associated with the occurrence of catheter associated urinary tract infections (CAUTIs) in healthcare settings. In addition, male external or condom catheters have been found to be associated with leakage issues, hence are less preferred by healthcare professionals. However, patients have begun to opt for condom catheters due to their non-invasive nature, compared to the other types of urinary catheters that are available in the global market.
Some of the key driving factors contributing to the growth of this market are increasing incidences of various urinary disorders, rising prevalence of chronic disorders leading to urinary disorders, aging population and growing awareness and affordability for improved urinary catheters. According to the World Health Organization (WHO) estimates, presently, over 200 million people are suffering from one or the other bladder control problems that essentially require urinary catheterization. According to the National Health Service (NHS) of the U.K., approximately 3 million to 6 million people were suffering from some degree of urinary incontinence in the U.K. in 2013.
Hence, a large number of patients across the globe would require administration of urinary catheters at one or the other instance during their lifetime. Aged individuals would increase the patient pool in major regions of the world, which in turn would help the urinary catheters market generate higher revenues and grow rapidly in the near future. However, increasing incidences of CAUTIs and leakage issues associated with male external catheters would restrain the growth of the global urinary catheters to some extent. But, improvement in available urinary catheters and incoming of new and technologically advanced urinary catheters in future would bring future growth opportunities for this market.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Global Urinary Catheters Market Overview
Chapter 4 Global Urinary Catheters Market, by Product Type
Chapter 5 Global Urinary Catheters Market, by Geography
Chapter 6 Company Profiles
Companies Mentioned:
- AdvancedCath
- B. Braun Melsungen AG
- Boston Scientific Corporation
- C. R. Bard, Inc.
- Coloplast A/S
- Cook Medical, Inc.
- Covidien plc
- Cure Medical
- Hollister Incorporated
- Teleflex Incorporated
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