Key Facts About the Urological Catheters Market: Read More Below

San Francisco, California, Sept 28, 2018: A recent report, titled, “Urological Catheters Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025,” added by TMR Research to their vast repository, forecasts the market to bode well mainly due to a rising number of urinary ailments and disorders caused by various reasons. The report serves as a prime insight to all new as well as existing businesses interested in the market.

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A dramatic rise in health issues such as kidney failures, urinary infections, kidney stones, bladder issues, and others, is primarily responsible for driving growth in the global urological catheters market. This is mainly due to the fact that urological catheters play a crucial role in the treatment of the above-mentioned health concerns. In addition, many companies have come up with highly advanced catheters that provide high efficiency, thereby boosting the market’s growth. Rise in population of the elderly too has been responsible a surge in urinary issues, hence causing an increase in the demand of urological catheters as a part of relevant treatment.

However, use of catheters might cause many infections, thereby restraining the global urological catheters market. Lack of experience regarding use of the devices in remote and underdeveloped regions also poses as a chief obstacle to the market’s progress. Moreover, in such regions, shortage of the catheters might exist, thus causing healthcare specialists to resort to conventional alternatives. Nonetheless, numerous players are expected to introduce highly efficient catheters along with expanding their geographical reach. This is anticipated to reduce effects of most restraints affecting the global urological catheters market.

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Bard Medical, Rochester Medical, ABC Medical, CCS Medical, and Rusch, UroMed, are key players operating in the global urological catheters market. With an increase in the number of companies expected to occur in the near future, the competition in this market is projected to increase dramatically.

Urological Catheters Market – Brief review of advanced technology 2025

Global Urological Catheters Market: Snapshot

Catheters are medical instruments that are commonly used when a patient is unable to empty his or her bladder. If urine is allowed to build up in the patient’s bladder for a long time, the rising pressure in the kidneys can lead to kidney failure. The elderly people and patients with severe illness or injuries might need to use catheters for longer periods of time than common patients who regain their ability to urinate on their own in the course of time.

Numerous health issues can be responsible for the need for urological catheters. Some of these are kidney stones, enlargement or surgery of the prostate gland, spinal cord injury, injury of the nerves of the bladder, and surgery in the genital area including hysterectomy and hip fracture repair. By type of material used, the global market for urological catheters can be segmented into silicone, rubber, latex, and plastic.

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In May 2017, a trailblazing catheter insertion kit for safer introduction of a Foley catheter was revealed at the American Urology Association (AUA). The system facilitates a one tract entry providing clinicians more control, precision, and accuracy while placing it into the bladder. The treatment time has been reduced from 2.3 days to 29 minutes by virtue of the time-saving features of this technique. As a result, significant savings can be made with regards to resources and money as well. The introduction of similar technologies that cause minimal tissue damage and trauma among patients will pave the way for the further growth of the market.

Global Urological Catheters Market: Inclusive Insight

Urological catheters are thin tubes that are used for draining the urine from bladder via the urethra or through the surgical hole in the abdomen and is eventually collected in a drainage bag. These catheters are made up of latex with balloon at the tip. The size of the catheters depend on the size of the balloon which is likely to be filled with sterile water. There are two different types of catheters according the method of insertion – catheters which are injected through the urethra are termed as urethral catheters and the ones which are inserted via surgical abdominal hole are called suprapubic catheters. The various conditions in which catheters are used include strictures, incontinence, prostate enlargement, late stage pregnancy and child birth, severe cases of kidney stones, and other surgeries of the urological system.

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This industry research report is a brief review of the growth trail in terms of current, historical, and future scenarios of the global urological catheters market. It offers an evaluation of the aspects that are expected to influence the development of the market and the primary trends have also been specified in the research study. The research study also offers a broad lookout on the vendor landscape of the market through Porter’s five forces analysis. The research publication provides references of mergers and acquisitions, the research and development activities, specifics on licensing and collaborations. The report probes into the strategies related to marketing, shares, and product portfolio of the key participants in the global urological catheters market.

Global Urological Catheters Market: Trends and Prospects

A study published by Center for Disease Control and Prevention in 2011 stated that one out of every ten American adults have some level of chronic kidney disease. The increasing types of birth control medication, changing food habits, growing occurrences of urinary tract infection, mounting number of prostate, and other urology related cancer are driving the demand for urological catheters. At the same time infections related to catheters, skills required to put on catheters, and other risks associated with it is inhibiting physicians and urologists to use catheters. Considering the effects of drivers and restraints of the catheters usage in healthcare industry, catheter demand is increasing at noteworthy rate and is expected to grow considerably in future as well.

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Global Urological Catheters Market: Regional Outlook

Region-wise, the global urological catheters market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Among these, the revenue contribution from North America is significantly high closely trailed by Europe, and Asia-Pacific. Increasing awareness among the healthcare fraternity, growing urological complications, and better care facilities in North American and European countries may help supporting the growth of the urological catheters market in these regions. On the other hand increasing population, growing healthcare penetration, and growing awareness in Asia-Pacific and other market, demand for urological catheters will increase substantially.

Global Urological Catheters Market: Competitive Landscape

The leading companies in the market are Bard Medical, Rochester Medical, ABC Medical, CCS Medical, and Rusch, UroMed.

Rising Cases of Prostate Cancer to Fuel Demand for Urological Catheters

San Francisco, California, June 13, 2017: A new study by TMR Research states that the global market for urological catheters has been witnessing remarkable growth and is expected to continue doing so over the next few years. The report, titled “Urological Catheters Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017–2025,” offers an in-depth analysis of this market on the basis of its past and existing performance. The growth drivers, key trends, obstructions, opportunities, and future prospects of this market have also been taken into consideration while carrying out this research.

According to the research study, the expanding range of birth control medication, varying food habits, and increasing prevalence of urinary tract infection are fueling the demand for urological catheters across the world. In addition to this, rising cases of prostate and various other urology related cancer will reflect positively on this demand over the next few years. However, the need for skilled professionals to put on catheters, escalating incidence of infections caused by catheters, and various other risks associated with it may limit the usage of these catheters in the years to come, reports the research study.

In terms of the geography, the worldwide market for urological catheters has been classified into Europe, Asia Pacific (APAC), North America, and the Rest of the World (RoW). North America has been leading this market and is closely followed by Europe. The increasing level of awareness among consumers and healthcare professionals, augmenting urological complication, and the rising number of better medical care units in North America are anticipated to ensure its continued dominance over the forecast period. The market in Asia Pacific has also been displaying promising future. Thanks to the increasing healthcare penetration, rising population, and the escalating awareness, the demand for urological catheters is projected to increase substantially in this reason over the forthcoming years, states the market report.

The research report also provides a comprehensive evaluation of the competitive landscape of the global market for urological catheters. As per the report, Rusch, Bard Medical, ABC Medical, Rochester Medical, CCS Medical, and UroMed are the most prominent players functional in this market. The company profiles of the leading participants have been assessed by analysts using SWOT analysis to determine their strength, which is further utilized to establish a competitive hierarchy in the global market in this research study.

The prime objective of this research report is to provide a meaningful insight into the global market for urological catheters to market players in a bid to assist them in making productive strategies for the expansion of their businesses.