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The global ureteral catheters market is forecasted to grow at a CAGR of over 6% during the period of forecast
Ureteral catheters industry growth is expected to accelerate over the next five years, driven by growing prevalence of urinary incontinence. The global ureteral catheters market is forecasted to witness a rapid growth over the next five years due to high patient pool who are affected by urinary incontinence. The prevalence of urinary incontinence is associated with several factors such as age, diabetes, high BMI, depression, and fibroids which requires ureteral catheterization, and contributes highly to the growth of the global ureteral catheters market. Also, the rising number of surgical procedures like prostatectomy and transurethral prostatectomy is expected to fuel the demand for ureteral catheters across the period of forecast. Technavio’s ureteral catheters industry analysis reveals promising markets around the world.
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Americas will drive the largest incremental growth for the global ureteral catheters market
Almost half of the incremental growth in the global ureteral catheters market will be driven by the Americas, followed by EMEA and APAC making reasonable contributions of around one-fourth to the market growth during the period of forecast. Furthermore, the Americas held the dominant share of the global ureteral catheters market towards the end of 2018. However, during the forecast period, APAC is expected to register the fastest rate of growth while the Americas will post a higher CAGR than EMEA in the global ureteral catheters market.
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BD, Boston Scientific, and Cook Medical are among the leading ureteral catheter manufacturers
The global ureteral catheters market is expected to become reasonably concentrated with the presence of a few international and regional ureteral catheter manufacturers who offer ureteral catheterization products such as intermittent catheters and Foley catheters. Most of the established ureteral catheter companies are focused on enhancing their R&D and using the latest technologies to develop advanced urinary catheterization products that can meet the growing demand for urinary incontinence management. Many prominent ureteral catheter suppliers are vying for their share of the ureteral catheters market, and the successful ureteral catheter companies must differentiate themselves to gain vital traction over their peers.
This report offers a complete analysis of several ureteral catheter manufacturers, including:
- BD
- Boston Scientific
- Cook Medical
- Olympus
- Teleflex
- UroMed
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