Urinary Incontinence Market report focuses on the key player’s profiles in detail with granular analysis of the market share, production technology, market entry strategies, revenue forecasts and regional analysis of the market.
Urinary Incontinence Market Report 2020, Size, Share, Growth and Industry Trends by types (Urge incontinence, Stress Incontinence, Overflow incontinence, Functional incontinence) by devices (Electrical Stimulation Devices, Foley Catheters, Antimicrobial Foley Catheters, Urethral Bulking Agents) – Forecast to 2022
Urinary Incontinence Market Analysis
Global urinary incontinence market is the subject of the latest research report from Market Research Future (MRFR). The global urinary incontinence market is studied in detail in the report, which includes a detailed overview of the major factors affecting the growth of the urinary incontinence market, including major drivers and restraints. The historical growth trajectory of the urinary incontinence market is used to understand major growth patterns and to make sense of the market’s current position. Future projections are made regarding the market’s trajectory based on an extensive analysis of the market’s past growth trends. Leading players in the global urinary incontinence market are also profiled in the report. The report estimates that the global urinary incontinence market will reach a valuation of USD 27,775.9 million by 2022.
The growing geriatric population around the world is likely to be a major driver for the urinary incontinence market over the forecast period. Geriatric people are more likely to suffer from urinary incontinence than younger demographics, as the muscles that control urination get weaker with age, resulting in various problems related to incontinence.
Competitive Analysis:
Leading players in the global urinary incontinence market include Ethicon US LLC, Boston Scientific Corporation, Coloplast Corp., C. R. Bard Inc., Cook Medical Inc., Promedon, and NeoTract Inc. Research and development is likely to remain an important avenue for players in the global urinary incontinence market over the forecast period.
In September 2019, a new study showed that surgery may be beneficial for women suffering from stress incontinence and urgency incontinence. The study contradicts the conventional wisdom in this area, which states that surgery may be a hindrance rather than a benefit in cases of mixed urinary incontinence, and is thus likely to remain important in the coming years. Another study released the same month observed that behavior modification programs may help reduce the extent of urinary incontinence.
Segmentation:
The global urinary incontinence market is segmented on the basis of type, device, and others.
By type, the global urinary incontinence market is segmented into urge incontinence, stress incontinence, overflow incontinence, functional incontinence, and others.
By device, the global urinary incontinence market is segmented into electrical stimulation devices, Foley catheters, antimicrobial Foley catheters, urethral bulking agents, and others.
Regional Analysis:
The Americas is likely to remain the leading revenue generator in the global urinary incontinence market over the forecast period. The growing prevalence of urinary incontinence among the geriatric population in the region is likely to be a major driver for the urinary incontinence market in the region. The high geriatric population in the region is also a major driver for the urinary incontinence market.
The Europe and Asia Pacific markets are also likely to remain important for the urinary incontinence market over the forecast period due to the growing geriatric population in these regions. Japan has the highest percentage of geriatrics in its population in the world, while countries from Europe also dominate the list of countries with the highest percentage of geriatrics. This is likely to remain a key driver for the urinary incontinence market in these regions over the forecast period.
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