The global urinary collection device market is on a growth trajectory, with a valuation of approximately US$ 2.6 billion at the end of 2021. The market is projected to register a compound annual growth rate (CAGR) of 5.2%, reaching an estimated valuation of US$ 4.4 billion by 2032.
This anticipated growth is driven by several key factors, including the increasing prevalence of urinary disorders, an aging population, and advancements in product technology.
Who are the Key Players in the Urinary Collection Device Market?
Teleflex Incorporated, Hollister Incorporated, Amsino International, Inc., Boston Scientific Corporation, B. Braun Melsungen AG, Medline Industries, Inc., Becton, Dickinson and Company (BD), Wihuri Packaging Oy, C.R. Brad, Coloplast.
Key Market Drivers:
- Rising Incidence of Urinary Disorders: The growing prevalence of conditions such as urinary incontinence and bladder dysfunction is driving demand for urinary collection devices. These devices are crucial in managing patient comfort and enhancing quality of life.
- Aging Population: As the global population ages, the demand for urinary collection devices is expected to rise significantly. Older adults are more susceptible to urinary disorders, which further propels market growth.
- Technological Advancements: Innovations in urinary collection devices, such as the development of more comfortable, discreet, and user-friendly products, are attracting consumers and healthcare providers alike. Enhanced designs are leading to improved patient outcomes and increased adoption.
Regional Insights: North America is projected to hold a significant share of the urinary collection device market, driven by advanced healthcare infrastructure and high awareness levels regarding urinary health. The Asia-Pacific region is also expected to see robust growth, supported by improving healthcare facilities and rising awareness of urinary health management.
Market Outlook: As the urinary collection device market continues to expand, it is well-positioned to meet the evolving needs of patients and healthcare providers. With a focus on innovation and improving patient care, the market is set for sustained growth over the next decade.
Key Segments Covered in the Urinary Collection Device Market Report
By Product:
- Urine Sample System
- Urine Sample Container
- Urine Sample Tube
- Urine Sample Bottle
- Urinary Catheter
- Indwelling Catheter
- Foley Catheter
- Suprapubic Catheter
- Intermittent Catheter
- External Catheter
- Indwelling Catheter
- Urine Bags
- Urinary Leg Bags
- Urinary Drainage Bags
- Urinary Belly Bags
- Accessories
By Material:
- Silicone
- Latex
- Rubber
- Others
By Gender:
- Male
- Female
By End User:
- Hospitals
- Clinics
- Homecare Settings
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East and Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
