Efforts to Improve Quality of Life for Geriatric Population Drives Global Urology Disposables Market
Unprecedented rise in geriatric population coupled with ever increasing urological disorders have triggered the demand for urological disposables during the forecast period. Rise in ageing population has led to rise in surgeries, renal transplants, renal calculi, urinary bladder stones and renal cancers has thrusted the need for urinary disposables. The urology disposables market can be primarily classified based on the type of products which include urine catheters, urine collection bags and male external catheters. Urinary catheters are extremely essential in patients with urinary incontinence, urinary retention, and any surgery of genitals or prostrate including other medical conditions such as dementia, multiple sclerosis or spinal cord injury. The global market for urology disposables market was valued to US$ 3.0 billion in 2022 and is expected to grow at a CAGR of 6.2% from 2022 to 2028.
Based on the usage the urinary catheters the global urology disposables market can be classified as indwelling, condom and intermittent catheters. The indwelling catheters are attached to the drainage or urine collection bags, these types of catheters are mainly used post operatively. The condom catheters are mostly used in men with urinary incontinence, this type of catheter needs to be changed every day. The intermittent catheters are however, useful only when the urine in required to be drained. The drainage bags used for collection of urine are helpful in providing the vitals of urinary system such as total urine output, colour of the urine or presence of calculi in the drainage bags. The major factors impeding the growth of Urological Disposables Market include allergy or sensitivity to the latex, blood infections, blood in urine, and urethral injury and bladder cancer in patients with long term use of indwelling catheters. Public awareness and effective training programs for the nursing staff is expected to positively boost the growth of urology disposables Market. In addition, technologically advancements in urology disposables will help to boost the overall market for urology disposables market.
Biocompatible Material, User Friendly, and Low Cost of the Products Expected to Drive Market Growth
The urinary catheters are no more made up of only rubber material. Advancements in materials have boosted the demand for more biocompatible urinary catheters which may be made up of silicone, plastic, or hydrophilic coating catheters. The biocompatible catheters cause less frictional force while inserting thereby causing very less urethral mucosal damage with minimal discomfort to the patients. The hydrophilic coating catheters are expected to drive the market growth as they are ease to use and have been reported to cause significantly less haematuria as compared to conventional catheters. Commercially available hydrophilic coating catheters include SpeediCath which is a flagship product from Coloplast and LoFric from Wellspect. The SpeediCath Flex Coudé Pro for men is a protective dry sleeve catheter available in standard and pocket sizes. The catheter has a soft-squeeze grip that guides the tip into urethra without touching it, while the dry sleeve means the catheter can be inserted without touching the tube itself. These are disposable and hygienic and user friendly.
North America accounts for the largest market share of Urinary Disposables Market
Presence of robust healthcare infrastructure, public awareness, growing investments in medical devices industry and healthy reimbursement for medical disposables including urinary catheters is expected boost the market growth of urology disposables market.
However, rise in disposable incomes, growing ageing population coupled with significant diversification of business operations by major players in Asia Pacific region, is expected to trigger the growth of urology disposables market in this region during the forecast period.
Europe will continue to account for the second largest market share after North America. The LAMEA (Latin America and Middle East) region is expected to have a slow growth owing to lack of skilled professionals and lack of good healthcare set ups.
Competitive Landscape: Global Urology Disposables Market
Expansions of manufacturing set ups and reimbursement supports from Governments of various countries will boost the market for Urology Disposables Market. The major players include Coloplast Corp., Cook, Rocamed, Narang Medical Limited, Baxter, Olympus Corporation, Boston Scientific, B.Braun, Urotech Devices, GPC Medical and others. In January 2022, Cook Medical announced of nearing completion of its Maridon Country facility US$15 million, 40,000 square foot facility. Cook Medical, Goodwill of Central & Southern Indiana, The Indianapolis Foundation, and the United Northeast Community Development Corporation are project partners. The set up will manufacture medical devices including sheaths and drainage catheters. In September 2022, Coloplast opened its first manufacturing unit in Costa Rica owing to the growing global demand for urology products. The site is expected to support manufacturing of ostomy pouches and catheters. In October 2021, Poland improved the reimbursement for hydrophilic catheter for neurogenic bladder dysfunction. Coloplast anticipates an improved reimbursement takes effect and the transition to hydrophilic catheters uptake in Poland.
Global Urology Disposables Market, by Product
Global Urology Disposables Market, by Application
Global Urology Disposables Market, by Region
Key Elements Included In The Study: Global Urology Disposables Market
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