The report "Urinary Incontinence Devices Market by Product (Urinary Catheters (Indwelling Catheters, Intermittent Catheters), Artificial Urinary Sphincters), Incontinence Type (Stress), Patient Type (Male, Female), End User (Hospitals) - Global Forecast to 2030" global urinary incontinence devices market is valued at an estimated USD 4.22 billion in 2024. The size is projected to reach USD 7.97 billion by 2030, at a CAGR of 11.2%.
Browse 287 market data Tables and 51 Figures spread through 290 Pages and in-depth TOC on "Urinary Incontinence Devices Market by Product (Urinary Catheters (Indwelling Catheters, Intermittent Catheters), Artificial Urinary Sphincters), Incontinence Type (Stress), Patient Type (Male, Female), End User (Hospitals) - Global Forecast to 2030"
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The market for urinary incontinence devices is fueled by the increasing prevalence of chronic diseases such as chronic kidney diseases, cancer, and among others. Additionally, the rising prevalence of urinary incontinence and expanding geriatric population is boosting the market for urinary incontinence devices. However, the social stigma associate with incontinence care products is restraining the market growth during the forecast period. Additionally, the technological advancements in urinary incontinence devices to pose as an opportunistic factor for the market growth. But the adoption of alternative treatment options is challenging the growth of urinary incontinence devices market across the forecast period.
By product, urinary catheters segment to grow at the fastest rate in the urinary incontinence devices market across the forecast period.
Based on type, the urinary incontinence devices market is segmented into urinary catheters, vaginal & urethral slings, electrical stimulation devices, artificial urinary sphincters, and other urinary incontinenece devices. Among these, in 2023, the urinary catheters segment accounts for the highest share in the urinary incontinence devices market and is projected to grow at the fastest rate during forecast period. This segment is further divided into intermittent catheters, indwelling catheters, and external catheters. Among these intermittent catheters to hold the largest market share in 2023. As per data from UroToday, intermittent catheterization (IC) is considered the gold standard for individuals with bladder dysfunction due to neurologic or non-neurologic causes - a significant and growing population in the US. With an increase in neurologic diseases, the use of intermittent catheters is anticipated to increase during the forecast period.
By end user, Hospiatals holds the largest share in the urinary incontinence devices market in 2023.
Based on end user, the urinary incontinence devices market is segmented into hospitals, physician offices, and other end users. Among these hospitals are holding the largest share in urinary incontinence devices market in 2023. The hospital segment includes all hospitals (large, small, and medium-sized) that treat or manage patients with urinary incontinence. In hospitals, urinary incontinence products, especially urinary catheters, are widely used in patients that have been administered anesthesia or have developed incontinence after surgery. The significant share of this end-user segment can be attributed to the large volume of patients visiting hospitals for surgical treatment, and the high incidence of chronic diseases such as urinary incontinence, multiple sclerosis, and spina bifida.
Europe dominates the global urinary incontinence devices market in 2023.
The urinary incontinence devices market is segmented into five major regional segments, namely, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. The Europe accounts for the largest market share of XX% in the urinary incontinence devices market in 2023. The urinary incontinence devices market in Europe is mature, particularly in Germany and the UK. The increasing aging population and rising demand for adult incontinence care products are expected to drive the urinary incontinence devices market in Europe. According to the WHO, by 2025, Europe will account for approximately 119 million people aged 65 and above, about 16% of the total population in the region. Th increasing geriatric population will generate the need for urinary incontinence devices such as urinary catheters, vaginal & urethral slings, artificial urinary sphincters, electrical stimulation devices, etc. to support the market growth in this region.
Key Players
Prominent players in the urinary incontinence devices market include, Coloplast Corp (Denmark), B. Braun SE (Germany), Johnson & Johnson Services, Inc. (US), Convatec Inc. (UK), Boston Scientific Corporation (US), Hollister Incorporated (US), Becton, Dickinson and Company (BD) (US), Cook Group (US), Cardinal Health (US), Laborie (US), Medtronic (Ireland), and Teleflex Incorporated (US).
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