Monday, 21 September 2020

Urinary Catheters Market Ready for a Record Breaking Growth by 2022

 

Market Highlights

Urinary catheters are used for emptying the bladder during surgical procedures or when the patient has no control of the bladder during some medical disorders and conditions such as spina bifida, multiple sclerosis (MS), stroke or spinal injury etc. The market driving factors for Middle East and Africa urinary catheters market are rising geriatric population, rising rate of self-catheterization etc. The market constraining factors are leakage associated with external type catheters, discomfort associated with the use of catheters, low healthcare expenditure in Middle East and Africa, low reimbursement policies of poor regions especially Africa, embarrassment and stigma associated with the use of urinary catheters etc. However catheter associated urinary tract infection (CAUTI) remain the prime constraining factor of the Middle East and Africa urinary catheters market.

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The Middle East and Africa urinary catheters market is segmented into product type which is further segmented into intermittent catheters, indwelling (foley) catheters, external catheters and others. On the basis of construction material the sub-segments are rubber, plastic, silicone, latex and others. By end user the market is further divided into hospitals, ambulatory and home use.

The market for Middle East and Africa urinary catheters is fragmented with a number of small and big players. The market is also affected by substandard products especially in poorer regions of Africa with weak regulatory framework. Product development has the highest potential among all the strategies as the use of urinary catheters is fraught with infection. Better quality antibacterial film coated catheters will drive the future growth of the market.

Middle East and Africa Urinary Catheters market:

The Middle East and Africa Urinary Catheters market has been evaluated as a growing market and it is expected that the market will touch high growth figures in future. The Middle East and Africa Urinary Catheters market is expected to grow with CAGR of ~6.9% during the forecast period. The growth will be primary channeled by the need of unmet medical needs and rising incomes of the population.

The major participants of this market are: Coloplast A/S, Werkomed Pty Ltd, DISA Vascular, Medloyd Healthcare, Terumo Europe NV, Teleflex, Medtronic and others.

Regional Analysis:

Depending on geographic region, Urinary catheters market is segmented into following countries: UAE, Egypt, Saudi Arabia, Kuwait, Qatar and Oman. UAE is the largest market followed by Egypt. However the future market will be led by the poor developed parts of Africa due to large unmet needs. 

Segmentation:

Middle East and Africa urinary catheters market has been segmented on the basis of product type which comprises intermittent catheters, indwelling (foley) catheters, external catheters and others. On the basis of construction material; market is segmented into rubber, plastic, silicone, latex and others. On the basis of end users; market is segmented hospitals, ambulatory and home.

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