Global Market Study on Urinary Catheters - Intermittent Catheters Segment to Witness Highest Growth by 2021

Global Market Study on Urinary Catheters - Intermittent

Catheters Segment to Witness Highest Growth by 2021

Persistence Market Research

Global Urinary Catheters Market is Expected

to Account for US$1,755.0 Mn by 2021 Persistence Market Research

Persistence Market Research

1

Global Market Study on Urinary Catheters - Intermittent

Catheters Segment to Witness Highest Growth by 2021

Persistence Market Research Released New Market Report “Global Market Study on

Urinary Catheters - Intermittent Catheters Segment to Witness Highest Growth by

2021”, the urinary catheters market is expected to be valued at US$1,377.5 Mn by the end

of 2015. It is anticipated to expand at a CAGR of4.1% from 2015 to 2021, to reach

US$1,755.0Mn by 2021.

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Presently, the urinary catheter market is mainly driven by factors such as growing ageing

population, favorable reimbursement policies and increasing demand for advanced urinary

catheters. However, factors such as growing incidence of urinary tract infections and the threat

from substitutes are expected to hamper market growth. The urinary catheter market is

segmented on the basis of product type and application.

The global catheter market was valued at around US$ 25,895.6Mn 2014. The urinary catheter

market accounted for 5.1% of global catheter market in 2014 and was valued at US$ 1,326.0

million. Revenue contribution by urinary catheter market to the global catheter market is

expected to increase to US$ 1,755.0 by the end of 2021, expanding at a CAGR of 4.1% between

2015 and 2021. The increasing prevalence of chronic diseases and growing ageing population

are factors expected to positively affect the growth of the urinary catheter market across the

globe.

By region, North America dominated the market with over 30% market share and is expected to

remain dominant throughout the forecast period. The urinary catheter market in...