Urine Collection Devices Market: Key Drivers, Trends, and Challenges
The increasing prevalence of CKD is notably driving the urine collection devices market growth, although factors such as the increased risk of UTI during urinary drainage may impede market growth. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
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Key Urine Collection Devices Market Driver
One of the key factors driving growth in the urine collection devices market is the increasing prevalence of CKD. The kidneys are an extremely vital organ and they are made from several nephrons that filter blood. Kidney diseases such as CKD attack the nephrons and damage the kidneys making them lose their ability to filter blood. Hence, fluid waste gets deposited, which causes various complications. Patients suffering from CKD may develop urinary incontinence or lose bladder control. Urinary catheters or urine collection accessories are commonly used for such cases.
Key Urine Collection Devices Market Trend
The increasing number of R&D activities is another major factor supporting the urine collection devices market share growth. The increasing demand for advanced products has encouraged manufacturers to increase their investments in R&D to produce innovative urine collection devices. There is a growing R&D focus on catheter devices to reduce the chances of infections, trauma, and pain. Vendors are developing specialized products that improve patient comfort and convenience. Vendors are also focusing on biocompatible, non-adherent, non-porous, and nontoxic catheters to reduce the risk of urethritis.
Key Urine Collection Devices Market Challenge
The increasing risk of UTI during urinary drainage will be a major challenge for the urine collection devices market. UTI infects the organs of the urinary system such as the kidneys, ureter, urinary bladder, and urethra. In cases when UTI spreads to the kidneys, it leads to serious health complications. Various risk factors for UTI include urinary tract abnormalities, suppressed immune system, blockages in the urinary tract due to kidney stones, urinary surgery, and catheter use. In cases where the catheter is placed in the patient's body to enable easy urinary drainage, there are chances of UTI. The catheter may cause recurrent infections, especially in women; permanent kidney damage due to untreated UTI; and urethral narrowing. The side effects and risks of using urinary catheter devices during urinary drainage and the discomfort associated with using urine collection accessories affect the growth of the market.
Parent Market Analysis
The global urine collection devices market is a segment of the global medical devices market. From a top-down perspective, Technavio has analyzed the global medical devices market as a parent market to set the context for the analysis of the global urine collection devices market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market in focus during the forecast period.
Who are the Major Urine Collection Devices Market Vendors?
The urine collection device market appears to be fragmented due to the presence of several international and regional urine container manufacturers. The competition among the players in the market is intensifying due to the growing focus of the vendors towards improving their market share. Moreover, the presence of local urine container manufacturers who focus on expanding their operations through collaborations and strategic alliances will also intensify the market’s competitive environment.
The leading vendors in the urine collection devices market
- B.Braun Melsungen
- C.R. Brad
- Coloplast
- Hollister
- Teleflex
What are the Revenue-generating Product Type Segments in the Urine Collection Devices Market?
- Urinary catheters
- Urine collection accessories
- Urine bags
During 2017, the urinary catheters segment accounted for the major share of the urine collection devices market. Urinary catheters are extensively used for patients suffering from urinary incontinence, urine retention, multiple sclerosis, and dementia. Though the demand for urinary catheters is high in developed countries, developing countries will also witness significant demand for these urinary devices in the coming years.
Which are the Key Regions for Urine Collection Devices Market?
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the urine collection device market throughout the forecast period. The increasing prevalence of CKD and urinary bladder disorders and the growing aging population will propel the growth of the urine collection devices market in this region.
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What are the Key Factors Covered in this Urine Collection Devices Market Report?
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will drive urine collection devices market growth during the next five years
- Precise estimation of the urine collection devices market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the urine collection devices industry across Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of urine collection devices market vendors
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