Indwelling Catheters Market Size

Indwelling Catheters Market Size

Indwelling Catheters Market size was valued at around USD 1.9 billion in 2023 and is estimated to grow at 4% CAGR from 2024 to 2032. The increasing incidence of prostate cancer coupled with the rising prevalence of urinary incontinence, are significant factors fueling the demand for the indwelling catheters in the market. Prostate cancer is one of the most common cancers among men worldwide, leading to urinary retention and the need for catheterization.

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Additionally, urinary incontinence, a common consequence of prostate cancer treatment and aging, necessitates the use of indwelling catheters for managing urinary drainage. For instance, according to recent data from the American Cancer Society, prostate cancer is the second most common cancer among men in the U.S., with an estimated 249,000 new cases diagnosed in 2021. Hence, these statistics underscore the significant impact of prostate cancer and urinary incontinence on the demand for indwelling catheters.
 

Indwelling catheters are medical devices used to drain urine from the bladder when a person is unable to do so naturally. These catheters are typically inserted through the urethra into the bladder and have an inflatable balloon at the tip to hold them in place. Indwelling catheters are commonly used for patients suffering from medical conditions such as urinary retention, surgery, or neurological disorders.