Blog Information
- Posted By : Abhay Kumar
- Posted On : Dec 30, 2022
- Views : 73
- Category : General
- Description : The global urinary incontinence devices market size reached US$ 2.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by 2027, exhibiting a growth rate (CAGR) of 10.77% during 2022-2027.
Overview
According to the latest report by IMARC Group “Urinary Incontinence Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, The global urinary incontinence devices market size reached US$ 2.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by 2027, exhibiting a growth rate (CAGR) of 10.77% during 2022-2027.
Urinary incontinence is a medical condition that leads to the involuntary leakage of urine from the bladder. It can be treated using various devices that help strengthen and build pelvic floor muscles. These devices include vaginal slings, urinary catheters, electrical stimulation devices, and artificial urinary sphincters that assist in the effective, safe, and non-invasive treatment of stress, urge, and mixed urinary incontinence. Presently, several manufacturers are introducing small, tampon-like disposable devices to prevent urine leakage and support the urethra in women with vaginal prolapse.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
Aged women are more likely to get affected with urinary incontinence due to menopause, pregnancy, and childbirth. Thus, a significant rise in the geriatric population represents one of the key factors bolstering the market growth. Moreover, neurological diseases, obesity, and diabetes, along with the consumption of foods like carbonated drinks, caffeine, chocolates, sweeteners, artificial chili peppers, and muscle relaxants, can increase the risk of developing urinary incontinence, which, in turn, is acting as another growth-inducing factor. Additionally, key manufacturers are offering innovative products to expand their product portfolio and gain a competitive edge, which is anticipated to drive the market.
Breakup by Product:
- Urinary Catheters
- Vaginal Slings
- Electrical Stimulation Devices
- Artificial Urinary Sphincters
- Others
Breakup by Category:
- External Urinary Incontinence Devices
- Internal Urinary Incontinence Devices
Breakup by Incontinence Type:
- Stress Urinary Incontinence
- Urge Urinary Incontinence
- Overflow Urinary Incontinence
- Mixed Incontinence
Breakup by Patient:
- Female
- Male
Breakup by End User:
- Hospitals
- Ambulatory Surgical Centers
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- B. Braun Melsungen AG
- Baxter International Inc
- Becton Dickinson and Company
- Boston Scientific Corporation
- Caldera Medical Inc.
- Coloplast A/S
- ConvaTec Group plc
- Cook Group Inc.
- Johnson & Johnson
- Kimberly-Clark Corporation
- Laborie Medical Technologies Inc.
- Medtronic plc
- Teleflex Incorporated.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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