Indwelling Catheters Market By Product Type (2-way Catheters, 3-way Catheters, 4-way Catheters), By Material (Latex and Silicone), By Coating Type (Hydrogel Coating, Silver Alloy Coating, Silicone-elastomer and Others) and Application (Post-surgical Care, Critical Care, Urinary Incontinence, Benign Prostate Hyperplasia): Global Opportunity Analysis and Industry Forecast, 2020–2027

The global indwelling catheters market accounted for $1,210.56 million in 2019, and is expected to reach $2,323.56 million by 2027, registering a CAGR of 9.1% from 2020 to 2027. Indwelling catheters are soft, flexible tube that are used to drain urine from bladder to the collection bag. Indwelling catheters are used in urinary retention, urinary incontinence, during surgery, post operation, and other health problems. In addition, indwelling catheters are of two types such as urethral indwelling catheter, which is inserted through the urethra into the bladder and suprapubic indwelling catheter, which is inserted through the stomach directly into the bladder. Indwelling catheters can be used for long term catheterization and short term catheterization.

 

Large size indwelling catheters are commonly used for drainage of blood clots. Furthermore, to reduce the risk of clot formation in the bladder and to maintain the indwelling urinary catheter patency, continuous bladder irrigation technique is used. Additionally, previously indwelling catheters were made from latex rubber but now a days silicon coated latex is mostly preferred, owing to longer life span and minimum risk of urinary tract infections.

 

Indwelling catheters, also known as foley catheters. Furthermore, Increase in incidence of urinary diseases, surge in the global geriatric population, and rise in surgical procedures are the major factors anticipated to drive the global indwelling catheters market during the forecast period.

 

In addition, according to the American Academy of Family Physicians (AAFP), more than 250,000 surgical procedures for benign prostate hyperplasia (BPH) are performed in the U.S. every year, leading to 2 million office visits. This is likely to propel demand for indwelling catheters in the forecast years. Furthermore, an increasing number of baby boomers is vulnerable to a range of urinary disorders, including urinary incontinence, benign prostate hyperplasia, prostate cancer, and urinary retention. This is anticipated to propel the demand for indwelling catheters market. However, complications associated with the indwelling catheters is increasing among the patients which is a major problem for the healthcare professionals and one of the major restraints for the global indwelling catheters market growth.

 

Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the largest market share in 2019, and is expected to retain its dominance throughout the forecast period. This is attributed to a large population suffering from urinary disorders, rapid utilization of foley or indwelling catheters in hospitalized patients, and increasing focus on new product launches by industry players. Furthermore, Asia-Pacific is anticipated to expand at a significant CAGR of 10.9% during the forecast period, owing to expeditiously improving healthcare systems and rise in healthcare expenditure and increase in the number of geriatric patients suffering from urinary retention.

 

The market is segmented on the basis of product, material, coating type, application and region. On the basis product, it is categorized into 2-way catheters, 3-way catheters and 4-way Catheters. By material, the market is categorized into latex, and silicone. By coating type, the market is categorized into hydrogel coating, silver alloy coating, silicone-elastomer and others. By application, it is segmented into post-surgical care, critical care, urinary incontinence, and benign prostate hyperplasia. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

 

The key players operating in the global indwelling catheters market include Amsino International, Inc, Bactiguard, B. Braun Melsungen AG, Becton, Dickinson and Company, Cardinal Health Inc., Teleflex Incorporated, Coloplast, Medline Industries, Inc., Cook Medical, Inc., Sunmed, Llc.

KEY BENEFITS FOR STAKEHOLDERS

KEY MARKET SEGMENTS

North America

Europe

Asia-Pacific

LAMEA

LIST OF KEY PLAYERS PROFILED IN THE REPORT