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Continence Care Market size was worth more than USD 14 billion in 2021 and it is expected to grow at a CAGR of over 7% through 2030. Supportive reimbursement initiatives and advancements in healthcare systems are driving global market growth.
The burgeoning adoption of continence care products along with the advancements in healthcare services is slated to amplify the revenue inflows of this industry in the ensuing years. Technical upgradations pertaining to the identification and treatment of chronic renal ailments as well as increasing awareness of incontinence diseases are further boosting product demand.
A number of federal initiatives backed by both government and non-government organizations, as well as the favorable reimbursement policies, encourage the use of continence care products and related therapies. A wide range of both private and public insurers, as well as international healthcare organizations support the adoption of continence care products through reimbursement initiatives. For instance, Medicare and Medicaid in the US compensate for around 120 and 200 catheters per person each month, respectively.