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Urometer Market Trends

  • Report ID: GMI11766
  • Published Date: Oct 2024
  • Report Format: PDF

Urometer Market Trends

The market is experiencing several notable trends that are shaping its growth and development. Factors such as continuous innovations in urometer design, growing demand for disposable urometers, increasing demand for home healthcare solutions, and surging need for integrated urometers with electronic medical records (EMRs), among other factors are propelling the industry growth.
 

  • Further, there is a growing trend toward the use of disposable urometers to minimize the risk of hospital-acquired infections (HAIs). These single-use devices help maintain hygiene and reduce contamination, particularly in critical care settings where patients are highly vulnerable. The preference for disposable urometers is increasing, especially in hospitals focusing on infection control.
     
  • Moreover, as healthcare infrastructure improves in developing countries, there is an increasing demand for cost-effective medical devices, including urometers. Expanding healthcare facilities, rising healthcare expenditure, and increased awareness of patient monitoring are driving the adoption of urometers in these regions, providing growth opportunities for market players, thereby aforementioned factors are expected to drive the market.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The industry was valued at USD 512.4 million in 2023 and is expected to grow at a CAGR of 7.2% from 2024 to 2032. This growth is driven by advancements in technology, increasing kidney and urinary disorders, an aging population, and more surgeries and ICU admissions.

The disposable segment dominated the market in 2023 with an 82.3% share. The rise in chronic conditions like kidney disease, diabetes, and heart failure necessitates consistent urine output monitoring.

In 2023, the North American market recorded USD 202.4 million in revenue and is projected to grow at a CAGR of 6.7% from 2024 to 2032. The increasing prevalence of chronic diseases such as diabetes, kidney disease, and cardiovascular disorders drives this demand.

Key players include Advin Health Care, Angiplast Private Limited, B. Braun Melsungen AG, Becton, Dickinson and Company, Cardinal Health, Inc., Convatec Inc., Fannin, Forlong Medical Co., Ltd., Hitec Medical Co., Ltd., and Laborie.

Urometer Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 153
  • Countries covered: 23
  • Pages: 110
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