According to a new report, published by KBV research, The Global Intermittent Catheter Market size is expected to reach $3.1 billion by 2030, rising at a market growth of 4.7% CAGR during the forecast period. In the year 2022, the market attained a volume of 7,37,098.2 thousand units, experiencing a growth of 4.9% (2019-2022).
The Uncoated segment is generating the highest revenue in the Global Intermittent Catheter Market by Product in 2022; thereby, achieving a market value of $1.7 billion by 2030. Uncoated intermittent catheters are often more cost-effective compared to their coated counterparts. Affordability is crucial, especially for patients and healthcare systems with budget constraints. The cost-effectiveness of uncoated catheters makes them a practical choice for individuals seeking economically viable solutions. These factors will help in the expansion of the segment.
The Spinal Cord Injuries segment is registering a CAGR of 5% during (2023 - 2030). Spinal cord injuries are a significant contributor to the demand for intermittent catheters. Individuals with spinal cord injuries often experience neurogenic bladder dysfunction, leading to difficulties in bladder control. Intermittent catheterization becomes a crucial aspect of their daily routine to manage urinary retention effectively. These aspects will boost the demand in the segment.
The Hospitals segment is leading the Global Intermittent Catheter Market by End User in 2022; thereby, achieving a market value of $1.4 billion by 2030. Many hospitals have specialized urology departments that diagnose and treat urinary disorders. These departments are equipped with skilled urologists and healthcare professionals who regularly prescribe and manage intermittent catheterization for patients with conditions such as neurogenic bladder dysfunction, urinary incontinence, and other urological issues. Therefore, these factors will fuel the growth of the segment.
The Male Length Catheter segment is experiencing a CAGR of 5.1% during (2023 - 2030). Male length catheters are specifically crafted to ensure patient comfort and ease of use. The tailored lengths address the unique anatomy of males, providing a more comfortable and efficient catheterization experience. Conditions like BPH and prostate cancer are more prevalent in males, leading to an increased demand for catheters that cater to the distinct anatomical features of male patients. Therefore, the segment will grow rapidly in the coming years.
Full Report: https://www.kbvresearch.com/intermittent-catheter-market/
The North America region dominated the Global Intermittent Catheter Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1 billion by 2030. The Europe region is anticipating a CAGR of 4.4% during (2023 - 2030). Additionally, The Asia Pacific region would exhibit a CAGR of 5.5% during (2023 - 2030).
By Product (Volume, Thousand Units, USD Billion, 2019-2030)
By Indication (Volume, Thousand Units, USD Billion, 2019-2030)
By End User (Volume, Thousand Units, USD Billion, 2019-2030)
By Category (Volume, Thousand Units, USD Billion, 2019-2030)
By Geography (Volume, Thousand Units, USD Billion, 2019-2030)
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