Home > Healthcare > Medical Devices > Therapeutic Devices > Urinary Catheters Market
Urinary Catheters Market size was valued at around USD 6.1 billion in 2023 and is estimated to grow at 4.4% CAGR from 2024 to 2032. The growing prevalence of urinary incontinence, along with the increasing incidence of prostate cancer, is driving the demand for urinary catheters worldwide. Urinary catheters play a crucial role in managing urinary retention and incontinence in patients with prostate cancer and other urological conditions.
According to the American Cancer Society, prostate cancer is the second most common cancer among men in the U.S., with over 248,000 new cases estimated in 2021 alone. As the prevalence of these conditions continues to rise, the demand for urinary catheters is expected to increase correspondingly.
Report Attribute | Details |
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Base Year: | 2023 |
Urinary Catheters Market Size in 2023: | USD 6.1 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 4.4% |
2032 Value Projection: | USD 9.1 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 120 |
Tables, Charts & Figures: | 372 |
Segments covered: | Product, Device Type, Material, Patient, Application, End-use and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Moreover, the increasing demand for self-catheterization is expected to propel the global market for urinary catheters. Self-catheterization enables individuals to autonomously manage their urinary issues, offering enhanced convenience and elevating their quality of life. With a growing emphasis on patient empowerment and self-care, the worldwide demand for urinary catheters tailored for self-catheterization is steadily rising.
Urinary catheters are medical devices used to drain urine from the bladder when individuals are unable to do so naturally. These catheters are inserted into the bladder through the urethra or, in some cases, through a surgically created opening in the abdomen. They are commonly used in patients with urinary retention, urinary incontinence, or certain medical procedures.