Indwelling Catheters Market

The global indwelling catheters market size was valued at USD 1,490 million in 2021. It is expected to reach USD 3,260 million by 2030, growing at a CAGR of 9.1% during the forecast period (2022-2030).

A number of factors are contributing to this expansion, such as the aging population, a growing number of kidney failure and bladder problems, and the rise in surgical operations. Indwelling catheters are used to drain urine from the bladder when a person is unable to pee on their own.

They can stay in the bladder for a few weeks or even months after being normally introduced through the urethra. A range of environments, such as households, nursing homes, and hospitals, depend on indwelling catheters.

This study includes analysis, industry research, and the most recent market trends and new technologies.

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The Latest Trends on Indwelling Catheters:

1.Creation of novel and cutting-edge indwelling catheters: Medical device manufacturers constantly develop innovative and advanced indwelling catheters with enhanced features and capabilities. To lower the danger of infection, for instance, several companies are creating catheters with antimicrobial coatings. Catheters incorporating sensors to track a patient's vital signs and urine flow are being developed by a number of companies.

2.Prioritize patient comfort and safety: Healthcare organizations and manufacturers of medical devices are concentrating on enhancing patient comfort and safety while introducing indwelling catheters. This entails creating catheters that are less likely to irritate or pain users, as well as putting procedures in place to lower the possibility of problems like catheter-associated urinary tract infections (CAUTIs).

3.Rising usage of indwelling catheters in the home: As more patients are being released from hospitals earlier, there is a rise in the use of indwelling catheters in the home. This is because there are more qualified nurses and other healthcare workers able to care for patients in their homes, thanks to improvements in-home care technologies.

 Innovative New Indwelling Catheter Technologies-

1. Self-Coiling Catheter-

           It has a flexible construction, this kind of catheter can coil up inside the bladder after being implanted. This could reduce the possibility of pain and irritated bladder.

2. Catheter Coated in Antimicrobial Material-

          This kind of catheter has a coating that works to destroy germs and stop infections. Patients who have compromised immune systems or diabetes, for example, or who are at high risk of infection, may benefit most from this.

Indwelling Catheters Market-Straits Research

Regional Analysis-

Largest Market: North America with a CAGR of 7.4%

Highest Growing Market: Asia Pacific with a CAGR of 11.3%

Top Key Players of the Indwelling Catheters Market

1. Amsino International

2. Bactiguard AB

3. Dickinson and Company

4. Cardinal Health

5. B. Braun Melsungen Aktiengesellschaft

6. Teleflex

7. Coloplast Interventional Urology

8. Medline Industries, LP

9. Cook Medical

10. SumMed

Market Segmentation-

1. Based on the product: 2-way Catheters, 3-way Catheters, 4-way Catheters

       The 2-way catheters segment is the highest contributor to the market size growing at a CAGR of 10% during the forecast period. The expansion of the indwelling catheter market is anticipated to be driven by rising incidences of benign prostate hyperplasia, kidney stones, urethral obstructions, and other urinary problems brought on by a sedentary lifestyle and poor nutrition.

2. By Material- Latex and Silicone

      The silicone segment is the highest contributor to the market. The use of silicone indwelling catheters is growing in the biotechnology, pharmaceutical, and medical device sectors, and urologic disease incidence is rising as a result. The growing number of patients with urinary bladder disorders, the increased need for minimally invasive procedures, and the sizeable senior population all contribute to the market for latex indwelling catheters.

3. By Application- post-surgical care, critical care, urinary incontinence, and benign prostate hyperplasia

   The post-surgical care segment is the highest contributor to the market. The benign prostate hyperplasia segment is the fastest growing. Also boosting the market's growth are rising global incidence rates and more awareness of urological conditions including prostate cancer and benign prostatic hyperplasia.

Conclusion-

The market for Indwelling Catheters is predicted to grow in the next years due to a number of factors, including the growing need for self-catheterization, a rising number of urological illnesses, and the growing preference for minimally invasive operations. There are several companies in the market, which is rather fragmented.