Global External Catheter Market is expected to reach USD XXX Million by 2027Global External Catheter Market is valued approximately USD XXX million in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. An External Catheter is used to drain urine from the bladder in individuals who are unable to do so naturally. These catheters are only intended to be used for a short time. These are prescribed for bladder disorders such as urine leakage, incontinence, and other bladder issues. Urinary incontinence can be caused by neurogenic bladder illnesses such as spinal cord damage, multiple sclerosis, or spina bifida, as well as non-neurogenic bladder diseases. The periodic catheter is inserted into the urethra, and urine is collected using the catheter hose into the collection bag. After emptying the bladder, the catheter should be withdrawn. As the frequency of CAUTIs, which are mostly linked to indwelling catheters, rises, the worldwide external catheter market is expected to grow quickly. External catheters are always the first choice for patients who choose self-catheterization in instances of urinary incontinence or urine leakage. Urinary incontinence affects one-half to one-third of men and women in the United States, according to the American Urological Association. In addition, over 200 million people globally suffer from urine incontinence. According to the Centers for Disease Control and Prevention, over 75% of UTIs acquired in hospitals in the United States were linked to a urinary catheter. Increasing demand for minimally invasive treatments and devices throughout the world, as well as increased awareness and affordability among consumers, especially in emerging nations, are likely to boost the external catheter market over the forecast period. Furthermore, since the frequency of chronic diseases, cardiovascular and urological disorders, and diabetes has grown, catheter demand has expanded across the health-care business. However, the market's growth would be hampered by leakage concerns in external catheters throughout the projected period of 2021-2027.
The major regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical analysis of the worldwide External Catheter market. Because of its well-established healthcare infrastructure and high healthcare expenditure per capita, North America is the world's leading region in terms of market share. Whereas, Asia-Pacific is expected to grow at the fastest rate during the forecast period, owing to rising health-care spending and the rapidly rising prevalence of various urologic diseases, which will provide lucrative growth opportunities for the External Catheter market in the Asia-Pacific region.
Major market player included in this report are:
B. Braun Melsungen AG
ConvaTec Healthcare B S.? .r.l
Coloplast Ltd..
Cook Medical.
Teleflex Incorporated.
Medline Industries Inc.
Medtronic
C. R. Bard Inc
Adapta Medical
Becton, Dickinson and Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Disposable
Repeatable
By Application:
Urinary Incontinence
Mental illness
Bladder and Prostate Cancer
Others
By End User:
Hospitals
Home cares
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global External Catheter Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors