Urine Collection Devices Market Expected to Grow at a CAGR of 5.32%

  • The urinary catheter segment accounted for the bulk of the urine collection device market.
  • Urinary catheters are widely used for patients with urinary incontinence, urine retention, multiple sclerosis and dementia. Although the demand for urinary catheters is high in developed countries, developing countries will also experience significant demand for these urinary devices in the years to come.

Highlights of revenue generating segments and market analysis insights for the coming years – See a FREE sample

The report is segmented by Product (Urinary Catheters, Urine Collection Accessories, and Urine Bags), by End User (Hospitals, Clinics, Home Care, Diagnostic Laboratories, and ASCs), and by Geographic Area (Americas, APAC and EMEA).

Supplier Information

  • The global urine collection devices market is fragmented, and vendors deploy various organic and inorganic growth strategies to compete in the market.
  • The increasing competition in the market forces the suppliers to adopt various growth strategies such as promotional activities and advertising spend to improve the visibility of their products. Some vendors are also adopting inorganic growth strategies such as mergers and acquisitions to stay competitive in the market.

The report analyzes the competitive landscape of the market and offers information about several vendors of the market, including:

  • B. Braun Melsungen
  • CR Brad
  • Coloplast
  • Hollister
  • Teleflex

Learn more about the growth strategies adopted by vendors and their product offerings.Read a free sample report.

Geographic market analysis

  • The Americas will be the major contributor to the urine collection devices market revenue throughout the forecast period.
  • The increasing prevalence of CKD and bladder disorders and the increasing aging of the population will propel the growth of the urine collection devices market in this region.

Learn more about the geographic spread of this market as well as the detailed analysis of the main regions. https://www.technavio.com/report/global-urine-collection-devices-market

Key market trends and challenges:

  • The increasing number of R&D activities is a major factor supporting the growth in urine collection devices market share. The growing demand for advanced products has encouraged manufacturers to increase their investments in R&D to produce innovative urine collection devices. R&D is increasingly focusing on catheter devices to reduce the risk of infections, trauma and pain.
  • Suppliers develop specialized products that improve patient comfort and convenience. Suppliers are also focusing on biocompatible, non-adherent, non-porous and non-toxic catheters to reduce the risk of urethritis.
  • The increasing risk of UTI during urinary drainage will be a major challenge for the urine collection device market. UTI infects organs of the urinary system such as the kidneys, ureter, bladder, and urethra. In cases where UTIs spread to the kidneys, they lead to serious health complications.
  • Various risk factors for UTI include urinary tract abnormalities, a weakened immune system, urinary tract blockages due to kidney stones, urinary tract surgery, and use of a catheter. In cases where the catheter is placed in the patient’s body to allow easy urine drainage, there is a risk of UTI.

See a free samplefor highlights on market trends and challenges affecting the Urine Collection Devices market.

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Associated reports:
Urine Flow Meters Market –Global Urine Flow Meters market size will increase by $ 22.92 million in 2019-2023. Download a free sample now!

Urinary Drainage Bags Market –
Global Urinary Drainage Bags market size will increase by $ 141.88 million in 2019-2023. Download a free sample now!

Scope of the Urine Collection Devices Market

Cover of the report

Details

Page number

120

Year of reference

2017

Forecast period

2018-2022

Growth dynamics and CAGR

Accelerate to a CAGR of 5.32%

Market structure

Fragmented

Efficient contribution to the market

America

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

B. Braun, Melsungen, CRBrad, Coloplast, Hollister Teleflex

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period.

Customization overview

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

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Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000+ reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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