What is Indwelling Catheters Market?
Indwelling catheters, also known as Foley catheters, are flexible tubes that pass through the urethra and bladder to allow easy drainage of urine. They are considered essential in the urological field as they help patients with bladder dysfunction to drain urine into urine bags and reduce urology-related complications. Foley catheters are primarily used when a person has difficulty releasing urine, such as when urinating the urinary incontinence, urinary retention, or when a patient has had surgery related to the prostate or genitals. The other devices that are connected externally have their collective roles such as the bag and drainage tube and are directly connected to the catheter. It also has a catheter valve for emptying the bladder. The indwelling catheters can be placed for a short time or even for a longer period, depending on the requirements and the patient's condition. The conditions in which the indwelling catheters are used include dementia, persistent urinary incontinence and the inability of the bladder to retain urine, and other conditions in which the muscles of the urinary bladder are affected.
The market study is being classified by Type (2-way Catheters, 3-way Catheters and 4-way Catheters), by Application (Post-surgical Care, Critical Care, Urinary Incontinence and Benign Prostate Hyperplasia) and major geographies with country level break-up.
Cardinal Health, Inc. (United States), B. Braun Melsungen AG (Germany), Becton, Dickinson & Company (United States), Coloplast Corp. (Denmark), NanoVibronix (United States), Teleflex Incorporated (United States), Bactiguard Holding (Sweden), Cook Medical LLC (United States), Medline Industries, Inc. (United States) and SunMed (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Amsino International, Inc. (United States) and Poiesis Medical LLC (United States).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Indwelling Catheters market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Indwelling Catheters market by Type, Application and Region.
On the basis of geography, the market of Indwelling Catheters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The High Prevalence of Urinary Disorders
- Significant Increase in Prevalence of Chronic Diseases
- A Surge in Demand for Minimal Invasive Surgeries among Patients
- Increase in Incontinence Problems Owing To Rising Geriatric Population Base across the Globe
- Increase in Demand for Sterile & Disposable Catheters
- High Prevalence of Hospital-Acquired Infections
- Rising Awareness among Patients and Medical Professionals
- Inadequate Quality Assurance and Price Competition
- Increased Spending On Medical Hygiene
- Increase in Reimbursement Levels
- Growing Advancements in Catheter Technology
- Risk of Infections Due To the Use of Catheters
Market Leaders and some development strategies
In 2018, Coloplast had acquired IncoCare Gunhild Vieler GmbH, a German company. This acquisition had hereby helped in strengthening the company’s position in Germany, primarily in home-care continence supplies.
NanoVibronix, a med-tech company that specializes in therapeutic ultrasound technology, increased the awareness about UroShield- Surface Acoustic Wave (SAW), which is a portable Ultra Sonic therapeutic device, that is used in combination with the indwelling catheters and hereby holds promising potentials in preventing any form of exposure toward COVID-19.
Key Target AudienceProviders of Indwelling Catheters, Suppliers and Distributors of Indwelling Catheters, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others
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