Indwelling Catheters Market - Global Industry Analysis, Market Size, Opportunities and Forecast 2021 - 2030

Indwelling urinary catheter (IUC) is a closed sterile system with a catheter and retention balloon that is inserted either through the urethra or suprapubically to allow for bladder drainage.

Market Dynamics

Rapid technological advancements are carried out in the medical sector across the globe. With the rising number of patients suffering from chronic bladder issues and rise in pelvic surgeries is increasing demand for advanced medical devices & equipment. Neurogenic Bladder (NGB) dysfunction may arise as a result of several neurologic conditions. NGB has been found in 40% to 90% of patients in the United States with multiple sclerosis (MS), 37% to 72% of patients with Parkinsonism, and 15% of patients with stroke. It is estimated that 70% to 84% of patients with spinal cord injuries have at least some degree of bladder dysfunction. Hospitals in developed and developing countries are witnessing high rate in percentage of in-patients related to pelvic problems. According to Mayo Foundation for Medical Education and Research (MFMER), each year, Mayo Clinic doctors treat nearly 3,000 women with pelvic organ prolapse. Pelvic organ prolapse (POP) affects millions of women; approximately 200,000 inpatient surgical procedures for prolapse are performed annually in the United States. These factors are contributing to the rise in demand for indwelling catheters from hospitals and clinics which is a major factor expected to drive the growth of the global indwelling catheter market.

Major players are investing highly for product development activities; their approach towards introduction of innovative solutions that aid healthcare professionals in performing better surgery are factors expected to support the growth of indwelling catheter market.

In 2019, CATHETRIX, a developer of urinary (Foley) smart catheter fixations introduced world's first Foley catheter stabilizer “FoleySafe” which actively prevents possible damage to the bladder and urethra from accidental urinary catheter extraction. This product launch is expected to help the company to enhance the business and increase the customer base.

In 2020, Bactiguard, a medical device company launched a new urinary catheter “BIP Foley TempSensor”. BIP Foley TempSensor is equipped with an extra channel that contains a temperature sensor that is connected to an external monitor. The product launch helped the company to enhance the business presence and increase the customer base.

Factors such as quality issues and availability of low cost regional product are factors expected to hamper the growth of global indwelling catheter market. In addition, high risk of infection due to use of catheters is expected to challenge the growth of target market. However, rapid product advancement by major players and increasing strategic partnership activities in order to enhance the business presence and track the untapped market in developing countries are factors expected to create new opportunities for players operating in indwelling catheter market over the forecast period. In addition, surging demand for minimally invasive surgeries is expected to support the revenue transaction of the target market.

Segment Analysis by Region

The market in North America is expected to account for major revenue share in the global indwelling catheter market due to high patient pool suffering from chronic diseases such as urinary bladder diseases, kidney failures, etc. In addition, easy access of advanced healthcare infrastructure and availability of favorable reimbursement policies are factor expected to boost the growth of indwelling catheter market. Increasing merger & acquisition activities by major players to enhance the business is expected to support the target market growth in this region.

The market in Asia Pacific is expected to witness faster growth in the indwelling catheter market due to high suffering from chronic diseases. In addition, high healthcare spending by the government and flourishing medical tourism in the countries such as India, Malaysia, etc, is expected to increase demand for catheters.

Competitive Landscape      

The global indwelling catheters market is highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.

Report coverage

Indwelling Catheters Market Segment Analysis, 2019

The global indwelling catheter market is segmented into product type, material, coating type, and application. The product type segment is bifurcated into 2-way catheters, 3-way catheters, and 4-way catheters. Among product types, the 2-way catheters segment is expected to account for a noticeable revenue share in the global indwelling catheter market. The application segment is divided into post-surgical care, critical care, urinary incontinence, and benign prostate hyperplasia. Among the application, the post-surgical care segment is expected to account for significant revenue share in the target market. The players profiled in the report are Amsino International, Inc, Bactiguard, B. Braun Melsungen AG, Becton, Dickinson and Company, Cardinal Health Inc., Teleflex Incorporated, Coloplast, Medline Industries, Inc., Cook Medical, Inc., SunMed, LLC.

Market Segmentation

Market By Product Type

2-way Catheters   
3-way Catheters   
4-way Catheters

Market By Material

Latex   
Silicone

Market By Coating Type

Hydrogel Coating
Silver Alloy Coating
Silicone-elastomer
Others

Market By Application

Post-surgical Care
Critical Care
Urinary Incontinence
Benign Prostate Hyperplasia

Market By Geography

North America
•    U.S.
•    Canada

Europe
•    U.K.
•    Germany
•    France
•    Spain
•    Rest of Europe

Asia-Pacific
•    China
•    Japan
•    India
•    Australia
•    South Korea
•    Rest of Asia-Pacific

Latin America
•    Brazil 
•    Mexico
•    Rest of Latin America

Middle East & Africa
•    GCC
•    South Africa
•    Rest of Middle East & Africa