The growth of the market is attributed to the rising healthcare expenditure and high demand for foley catheters. However, alternative treatments of urinary incontinence restrict the market growth.
Urinary incontinence (UI) is the major problem associated with many medical conditions. Urinary incontinence results from occasional or mild leaking to uncontrolled chronic urination. UI is the most common problem affecting a significant number of the global population. The incidence of UI is surging due to numerous factors such as the increasing rates of obesity; growing geriatric population; increasing prevalence of various chronic diseases, such as cardiovascular diseases, prostate cancer, kidney diseases, multiple sclerosis, diabetes, and stress-related incontinence, due to changing lifestyles.
According to the National Institutes of Health (2016), 617 million people globally are aged 65 and above. The elderly population is expected to grow significantly in Africa, followed by North America. Urinary incontinence (UI) is a major and most common issue in the geriatric population associated with other medical conditions, such as cerebral palsy, spinal cord injuries, multiple sclerosis, prostate enlargement, and cancer. Therefore, the burden of UI grows with the growing elderly population across the globe. According to a report published by the Centers for Disease Control and Prevention (CDC) 2014, nearly 44% of people aged 65 and above reported bladder incontinence in the US. Thus, the increasing prevalence of urinary incontinence propels the silicone based catheters market growth in North America.
The North America silicone based catheters market, based on application, is segmented into urinary tract infection (UTI)/catheter acquired urinary tract infection (CAUTI), surgery on contiguous structures of the genitourinary tract, prostate gland surgery, spinal cord injury, and others. The market, based on usage, is segmented into male, female, and pediatric. The North America silicone based catheters market, by tip, is bifurcated into Nelaton tip and Tiemann tip. The market, based on product type, is segmented into short term Foley catheters, long term Foley catheters, and others. The North America silicone based catheters market, based on type, is bifurcated into 2 way sizes: 6 to 26 Fr and 3 way sizes: 16 to 26 Fr. The market, based on end user, is segmented into hospitals, nursing homes and clinics, ambulatory surgical centers, and others. By country, the North America silicone based catheters market is segmented into the US, Canada, and Mexico.
Teleflex Incorporated, B. Braun Melsungen AG, ConvaTec Group Plc, Ribbel International Limited, Bactiguard, BD, Cook Medical LLC, Angiplast, Sterimed Group, Medasil Surgical Limited, and Mais India are among the leading companies operating in the North America silicone based catheters market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 69.90 Million |
| Market Size by 2028 | US$ 108.41 Million |
| CAGR (2021 - 2028) | 6.5% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Application
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Silicone Based Catheters Market is valued at US$ 69.90 Million in 2021, it is projected to reach US$ 108.41 Million by 2028.
As per our report North America Silicone Based Catheters Market, the market size is valued at US$ 69.90 Million in 2021, projecting it to reach US$ 108.41 Million by 2028. This translates to a CAGR of approximately 6.5% during the forecast period.
The North America Silicone Based Catheters Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Silicone Based Catheters Market report:
The North America Silicone Based Catheters Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
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