European Urinary Catheters Market Outlook
According to a new report by Expert Market Research titled, “European Urinary Catheters Market Size, Share, Analysis, Report and Forecast 2024-2032″, the european urinary catheters market is projected to grow at a CAGR of 6.6% between 2024 and 2032. Aided by the increase in incontinence care in older patients and the adaption of preferred clean intermittent catheter use in professional guidelines, the market is expected to grow significantly by 2032.
Urinary catheters are medical devices designed to help patients who have difficulty controlling urination due to various health conditions such as urinary incontinence, prostate gland enlargement, or surgery. These catheters come in different types, including intermittent catheters, indwelling catheters, and external catheters, catering to the specific needs of patients.
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One of the key factors driving the European urinary catheters market growth is the increasing prevalence of urinary incontinence. With an aging population and rising rates of conditions like obesity and diabetes, which can contribute to urinary incontinence, the demand for urinary catheters has escalated significantly. Additionally, the market is bolstered by the growing number of surgeries requiring the use of urinary catheters for post-operative care.
In addition, the adoption of technologically advanced urinary catheters is playing a significant role in the European urinary catheters market expansion. Innovations such as antibacterial catheters, disposable catheters, and gender-specific catheters have improved patient comfort and reduced the risk of urinary tract infections, propelling their demand in the European market.
Furthermore, the market is aided by the expanding homecare segment. With the advent of user-friendly and comfortable catheters, many patients prefer home-based care over hospital stay, which not only reduces healthcare costs but also allows for greater personal freedom and comfort. This trend has stimulated the sales of urinary catheters, particularly intermittent and external catheters, suitable for home use.
The regulatory landscape also plays a crucial role in shaping the dynamics of the European urinary catheters market. The stringent regulations set by the European Union (EU) regarding the safety and efficacy of medical devices ensure high-quality standards for urinary catheters, thereby fostering consumer trust and market growth. Also, the increase in healthcare expenditure and the presence of well-established healthcare infrastructure in the region are further supporting the growth of the European urinary catheters market. The region’s strong focus on providing quality healthcare is leading to an increased adoption of advanced urinary catheters.
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European Urinary Catheters Market Segmentation
The market can be divided based on product, gender, end user, application, and country.
Market Breakup by Product
- Intermittent Catheters
- External Catheters
- Indwelling Catheters
Market Breakup by Gender
Market Breakup by End User
- Age Care Centres
Market Breakup by Application
- Benign Prostatic Hyperplasia
- Urinary Incontinence
Market Breakup by Country
- United Kingdom
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the European urinary catheters companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Bard Limited
- Boston Scientific Corporation
- Hollister Incorporated
- Teleflex Incorporated
- Clinisupplies Ltd.
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