Urinary Catheters Market Size, Share & Trends Analysis Report By Product (Indwelling Catheters, Intermittent Catheters), By End-Use (Hospitals, Clinics, Long-Term Care Facilities), By Material (Silicon Catheters, Vinyl Catheters, Latex Catheters), By Application (Benign Prostatic Hyperplasia, Parkinson's Disease, General Surgery, Urinary Incontinence) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2022-2030

Market Overview

The global urinary catheters market size is expected to have an exceptional growth from USD 2,585.4 million in 2021 to USD 4,420.17 million in 2030, registering a CAGR of 6.14% during the forecast period. Factors like the increasing prevalence of urinary infections and key strategies by prominent companies stimulate the market.

The urinary catheters market is one of the biggest segments in the medical industry, evolving continually with the need and urgency for medical purposes. The urinary catheter is a small, thin, and hollow tube of sizes ranging from 2mm to 8 mm that is placed into the patient's bladder to collect urine and lead to the drainage bag. The market is one of the few niche markets in the medical industry, segmented across various divisions and regions. Being crucial medical equipment, it has a broad scope of use considering the urinary diseases and treatments for other medical SOPs. The said market dominates the medical equipment and accessories segment of the global medical industry as urinary catheters are in regular use for medical treatments.

Market Dynamics

Global urinary catheters market drivers

Increasing prevalence of urinary infections

Urinary infections primarily implicate urinary tract infections (UTI), urinary incontinence (UI), bladder control problems, kidney stones, and prostate conditions. These infections drastically affect the well-being of a patient. As per the reports from the study conducted by medical practitioners, UI is more prevalent in women than men.

Urinary infections are very high in the US and Europe—nearly 13 million people are diagnosed with urinary incontinence and other urinary infections. Such frequent occurrences of urinary infections mark the need for urinary catheters. Additionally, the Clinical Infectious Diseases journal source suggests that over 150 million people are diagnosed with urinary incontinence every year.

Furthermore, according to a research paper published in the National Center for Biotechnology Information (NCBI), the number of women with pelvic floor disorder was 32 million in 2020, which is anticipated to rise to 40 million in 2030, creating an open market for the urinary catheters. Therefore, the growing instances of urinary infections will propel the market for urinary catheters to reach all-time high revenue figures by 2030.

Key strategies by prominent companies

The global urinary catheters market has some of the most important key players, with numerous small-scale companies or startups evolving in the medical consumables market. The key strategies that such companies implement involve mergers and acquisitions, distribution deals, and developing new products to capture a large market share. Some key developments in urinary catheters are dual balloon technology, smart distribution channels, product commercialization in the market, etc. With such strategies and implementation, the global market for urinary catheters is growing at an unprecedented pace with new developments in the products to cater to its purpose.

Global urinary catheters market restraints

Complications associated with the catheterization process

The insertion and removal of the urinary catheter is a painful process. If poorly lubricated, it could lead to friction in the urethral walls and the surface of the device. The most common complications in long-term catheter use are urinary tract infections (UTIs) and catheter-associated urinary tract infections (CAUTIs). Other challenges faced during the utilization of urinary catheters are complications like bladder stones, allergic reactions to catheter material, urethral injuries, chances of kidney failure, etc. With such limitations in using urinary catheters, the adoption of new invasive and non-invasive treatment ways could hamper the growth of the global urinary catheters market.

Global urinary catheters market opportunities

Emerging markets to create expansion opportunities

Emerging economies like India, China, Brazil, South Korea, and Mexico offer excellent growth opportunities for new and existing manufacturers and distributors of the market for urinary catheters. This growth in the respective regions is due to the overall improvement of the healthcare infrastructure with low regulatory barriers, a rise in the targeted patient count, and the growing healthcare spending. 

Along with this, the Asia-Pacific region has more adaptive and business-friendly policies compared to the developed countries. With the level of competition in the highly developed countries, the market has attracted the key players to focus on the emerging economies to grow their business in the market for urinary catheters. Further, increasing awareness about urinary infections is expected to positively impact the global market, thus driving significant demand in the near future.

Regional Analysis

The global urinary catheters market is segregated into four regions, namely the Americas, Europe, Asia-Pacific, and the Middle East and Africa. 

Is asia-pacific likely to dominate the global urinary catheters market?

Asia-Pacific covers most of the market with the maximum revenue generation of USD 565.1 million in 2021. It is estimated to grow at USD 1,010.42 million in 2030 with a CAGR of 6.67%. The Asia-Pacific region is leading the global market because of the recent improvement in the healthcare industry and the overall health infrastructure in leading countries like India, China, and Japan. Along with this, the large population base in Asia-Pacific allows the marketers to cover up a vast customer base. With this, there are continuous efforts by the governing authorities, especially in India and Japan, to make the urinary catheter earn a significant value in the global market.

Europe is the second most revenue-generating region after Asia-Pacific, with an estimated growth of USD 1,344.79 million till 2030 at a CAGR of 6.41%. The high prevalence of urinary incontinence is a common crippling disease that affects almost 20% of European citizens. 

Additionally, the Americas also share a significant share of the global market for urinary catheters with an estimated figure to reach USD 177.87 million at a CAGR of 6.23% in 2030. America is on this list because of the rising cases of urinary diseases in the region and the world-class medical and healthcare facilities offering the necessary boost to the global market for urinary catheters.

Segmental Analysis

The global urinary catheters market share is segmented into product, end-use, material, and applications.

When it comes to categorizing the global market for urinary catheters by product, it is classified into indwelling and intermittent urinary catheters. The indwelling urinary catheters contribute to a major share of the market, valued at USD 780.8 million in 2021. It is expected to reach USD 1,355.42 million in 2030, with a CAGR of 6.32%. 

The indwelling catheters are also known as foley catheters. These are thin, sterile tubes inserted into the bladder to drain the urine. These are called Indwelling catheters since they are left in the urinary bladder for a more extended period for respective medical purposes. They are held in a specific position in the bladder with the help of an inflated balloon, and hence these are convenient for patients as it saves time and hustle.

The intermittent catheters are also among the most used urinary catheters contributing to USD 1,038.3 million in 2021 and reaching USD 1,791.77 million in the year 2030, with an expected CAGR of 6.25%. Unlike the Indwelling catheters, the intermittent catheters are kept for a short period in the urinary bladder and removed once the bladder is empty. This is why these catheters must be removed and re-inserted on a daily basis for the routine set for the patient.

Why is the hospital's end user segment the most popular?

Based on end-users, the global market for urinary catheters is classified into hospitals, clinics, long-term care facilities, etc. Hospitals dominate the market with major revenue generation, estimated at USD 1,303.1 million in 2021. It is expected to reach USD 2,267.85 million at a CAGR of 6.35% during the forecast period, followed by clinics, valued at USD 648.9 million in 2021. It is expected to reach USD 1,119.79 million with an estimated CAGR of 6.25% by 2030.

Based on material, the market for urinary catheters is segmented into silicon, vinyl, and latex catheters. Silicon catheters are the most widely used catheters. It held a major market share at USD 784.6 million in 2021 and is expected to reach USD 1,406.46 million with a CAGR of 6.70% by 2030. Vinyl catheters are expected to reach USD 919.21 million with an anticipated CAGR of 6.48%, whereas latex catheters are expected to grow at a CAGR of 6.28% during the forecast period.

There are widescale applications of catheters, including benign prostatic hyperplasia, Parkinson's disease, general surgery, urinary incontinence, etc. With a value of USD 655.1 million in 2021, benign prostatic hyperplasia has the most usage of urinary catheters. It is expected to reach USD 1,174.32 million by 2030, registering a CAGR of 6.7%. Parkinson's disease is the second-largest contributor to the urinary catheters market, with an expected market share of USD 413.68 million by 2030. In general surgery and urinary incontinence, the use of urinary catheters accounts for an expected CAGR of 6.39% and 6.29%, respectively.

Impact of covid-19

The coronavirus outbreak dangled worldwide health care systems, exceeding their critical care units. The pandemic has caused significant disruptions in the global healthcare industry, with considerable losses to the economic operations of almost every nation. This has affected the global market largely.

Medical device manufacturers and distributors have witnessed a 60% drop in weekly revenue in the US market, affecting the fiscal fourth-quarter financial results of April 2020. However, many industry leaders are responding to this impact positively by encouraging and supporting the market through donations, manufacturing expertise, smart distribution channels, etc.

Recent Developments

• February 2021- Bactiguard AB launched a new product called Bactiguard's TempSensor catheter, which is specifically designed for critically ill patients to prevent them from the risk of secondary organ failure.
• April 2019- ConvaTec Group acquired Southlake Medical Suppliers to help strengthen its distribution of catheter-related supplies.