IMARC Group, a leading market research company, has recently releases report titled “Intermittent Catheters Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2028” by IMARC Group, finds that the global intermittent catheters market size reached US$ 2.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 6.9% during 2024-2028.
Intermittent catheterization represents the procedure of inserting and extracting a catheter to drain urine from a bladder. It is an effective management strategy for patients with incomplete bladder emptying, owing to inflammation, neurological conditions, pharmacological agents, idiopathic or neurogenic detrusor overactivity (NDO) dysfunction, and physical bladder obstruction. Intermittent catheters are easy to use and convenient while preventing a distended bladder or a urinary tract infection (UTI). They also avoid leaking, blockage, and bladder spasms. As a result, intermittent catheters find widespread applications in hospitals, medical research centers, and ambulatory surgical clinics across the globe.
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Intermittent Catheters Market Trends and Drivers:
The escalating number of patients suffering from urinary tract infections (UTIs) and blockages in the urethra and the rising incidences of tumors in the reproductive organs are among the primary factors driving the intermittent catheters market. Besides this, the increasing prevalence of urological disorders, such as benign prostatic hyperplasia, cystitis, and kidney stones among the masses, is further augmenting the market growth. Moreover, the elevating requirement for intermittent catheters in various medical conditions, including spinal cord injury, multiple sclerosis, or dementia, and the expanding healthcare industry are also catalyzing the global market. Apart from this, the extensive research and development (R&D) activities by the leading players to introduce coated urine catheters with temperature monitoring for enhanced protection against secondary infections are acting as significant growth-inducing factors. Additionally, the inflating need for hydrophilic and antimicrobial product variants is also stimulating the market growth. Furthermore, the launch of platforms to provide online counseling and guidance to patients who cannot visit healthcare facilities for treatment is expected to bolster the intermittent catheters market in the coming years.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the market on the basis of product, indication, category and end user.
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