The growing incidences of urinary disorders is the major factor accelerating the indwelling catheters market. Numerous medical conditions like dementia, spinal cord injuries, and multiple sclerosis are likely to result in urinary disorders due to side-effects of medications along with the other complications. If the severity related to these disorders goes out of control, the healthcare practitioners call for foley catheters, that too, with usage extending till weeks (proportional to severity). Persistence Market Research has walked through these real-time conclusions in its latest market study entitled “Indwelling Catheters Market”. The insights provided herein are there to simplify the tasks of the clientele with respect to deciding the subsequent course of action.
How is the Indwelling Catheters Market categorized?
The global indwelling catheters market, by product, spans indwelling urinary catheters, indwelling plural catheters, indwelling peritoneal catheters, indwelling nephrostomy catheters, and peripheral intravenous catheters. Material-wise, it’s latex indwelling catheters, PVC indwelling catheters, silicone indwelling catheters, Teflon (Tetrafluorethylene-hexafluoropropylene) indwelling catheters, and likewise. By packaging, it’s kit packs and single strip packs. By end-use, it’s hospitals, ASCs (Ambulatory Surgical Centers), long-term care catheters, and home care. Persistence Market Research has entailed these findings with corrective/preventive steps to be taken in its latest market study entitled “Indwelling Catheters Market”.
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Region-wise Slingshot
North America holds the largest market share due to the US being subject to growing number of surgical instrument and medical device production companies along with enhancements in the quality control systems. Europe stands second with Germany ruling the roost. This could be reasoned with the growing aging population in the country. As per data released by World Bank, more than 20% of German population is aged 65 and above in the year 2020 alone. The Asia-Pacific is expected to grow at the fastest pace in the indwelling catheters market. Japan is expected to dominate the market due to larger availability of the hospital beds per 1,000 people herein. Persistence Market Research has highlighted these pointers with probable calls to action in its latest market study entitled “Indwelling Catheters Market”.
The Competitive Way
Persistence Market Research has profiled the key players in indwelling catheters market as Teleflex Inc., Cardinal Health, B. Braun Melsungen AG, Coloplast, Medtronic, CaonaTec, Inc., Sterimed Group, Becton, Dickinson and Company, McKesson Medical, Poiesis Medical, COOK Medical, Smiths Medical, and Rocket Medical plc.
Persistence Market Research has also mentioned the latest developments on this count. For instance – Bactiguard, in April 2020, did table the BIP Foley TempSensor (foley catheter) for the patients in need of temperature prevention/control (regarding infections). Sometime later, i.e. in November 2021, The Flume Catheter Company (TFCC) obtained 510 (k) approval from the US FDA for the new-fangled indwelling urinary catheter. Also, Safe Medical Design, in December 2020, did announce publishing positive data demonstrating effectiveness and safety pertaining to Signal Catheter that does deal with urethra’s accidental infection.
What’s in for the next Decade?
The global indwelling catheters market is slated to be the major revenue generator to the healthcare vertical in the upcoming decade – Persistence Market Research
