Increasing prevalence of urinary incontinence, technological advancements in urinary catheter materials and rise in the geriatric population are the integral factors responsible for the proliferation of the market.
Urinary Incontinence (UI) is an underreported and underdiagnosed problem that mainly affects the elderly population. According to the data from the National Association for Incontinence (NAFC), over 200 million people are diagnosed with UI. As per the survey from WomensHealth.gov, UI is twice as prevalent in women as in men, whereas stress-induced UI is commonly observed in women going through menopause or who are pregnant. These are the reasons for the increase in cases of UI thus boosting the urinary catheters market further. UI is commonly observed in North America and Europe and is rarely present in Asian countries.
Catheterization is one instrumental solution for many individuals diagnosed with the neurological disease- induced urinary dysfunction. According to a study conducted by the British Medical Journal Open 2017, urinary catheters are highly pervasive with one in fourteen in community care getting catheterised and one in five patients in hospitals. Such factors have increased the demand for urinary catheters, especially in the European market.
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Asia Pacific Urinary Catheters Market Segmentation:
By Product
· In-dwelling Catheters
· Intermittent Catheters
· External Catheters
By Type
· Coated Catheters
· Uncoated Catheters
By Gender
· Male Urinary Catheters
· Female Urinary Catheters
By Indication
· Urinary Incontinence
· General Surgery
· Benign Prostatic Hyperplasia
· Spinal Cord Injuries
By End User
· Hospitals
· Lon-term Care Facilities
· Others
By Region
· China
· Japan
· Korea
· India
· Singapore
· Indonesia
· Australia
· Rest of Asia
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Competitive Landscape:
· Tier 1 players- established companies in the market with a major market share
· Tier 2 players
· Emerging players which are growing rapidly
· New Entrants
Key Market Players
· Boston Scientific Corp.
· B. Braun Melsungen AG
· Hollister Inc.
· Medtronic
· Teleflex Inc.
FutureWise Key Takeaways:
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
· To provide with an exhaustive analysis on the Asia Pacific urinary catheters market trends by product, by type, by gender, by indication, by end user and by region
· To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
· To evaluate and forecast micro-markets and the overall market
· To predict the market size, in key countries— China, Japan, Korea, India, Singapore, Indonesia, Australia and rest of Asia
· To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
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