Global Indwelling Catheters Market - 2023-2030

Overview

An indwelling urinary catheter (IUC), commonly referred to as a "Foley" catheter, is a closed sterile system with a catheter and retention balloon that is inserted either via the urethra or suprapubically to permit bladder drainage. Exterior collecting devices such as drainage tubing and bag are attached to the catheter for urine collection

Indwelling urinary catheters are suggested just for short-term usage, described as shorter than 30 days (EAUN suggests no extended than 14 days.) The catheter is inserted for continued drainage of the bladder for two typical bladder dysfunctions including urinary incontinence (UI) and urinary retention.

Market Dynamics: Drivers & Restraints

Growing Product Advancements

The growing product advancements are expected to boost the global market growth during the forecast period. For instance, in January 2023, CATHETRIX, an innovative developer of urinary (Foley) smart catheter fixation devices, launched its catheter stabilizer for the prevention of urinary tract infections (UTIs) and accidental Foley catheter extractions at Arab Health 2023, which is taking place January 30-February 2, 2023, in Dubai, UAE. Moreover, FIZE Medical, Inc. developing a novel device, the iUO, the first precise, automated, digital, and cost-effective device to measure urine output in real-time, replacing the current, manually handled, urinometer bag connected to a standard Foley catheter, to be made obtainable to hospitals and physicians globally.

Furthermore, growing awareness, growing urinary disorders and market developments among others are expected to contribute to the global market growth during the forecast period.

Catheter-Associated Urinary Tract Infection (CAUTI)

The catheter-associated urinary tract infection (CAUTI) is the highly expected type of infection contracted in hospitals and nursing homes hampering the global market growth during the forecast period. Further, the presence of a substituent for an indwelling catheter and non-uniform reimbursement policies among others are also hampering the global market growth in the forecast period.

Segment Analysis

The global indwelling catheters market is segmented based on product type, material, indication, end user and region.

Battery-Driven CPR Devices Segment is Expected to Dominate Market

Two-way Foleys are indwelling urinary catheters used to empty the bladder when a person cannot independently do so, designed with two channels enclosed in a single flexible tube, two-way Foley catheters are inserted through the urethra and held in place by a small balloon inflated with a sterile solution. The growing cases of urinary retention are expected to boost the global two-way foley catheter demand, dominating the global market throughout the forecast period.

For instance, according to the National Institute of Diabetes, Digestive and Kidney Diseases (NIDDK), acute urinary retention is typical in older males, and the probability of encountering acute urinary retention gains with age. Over five years, roughly 1 in 10 males above the age of 70 and nearly one in three males in their 80s are expected to develop acute urinary retention.

Acute urinary retention is considerably less typical in females as every year, roughly 3 in 100,000 females develop acute urinary retention. Moreover, benign prostatic hyperplasia is histologically prominent in around 90% of males by age 85 years. Approximately 14 million males in the United States hold manifestations of benign prostatic hyperplasia including urinary retension.

Geographical Analysis

North America is Expected to Dominate the Global Market

Owing to the increasing investments are growing prevalence of urinary incontinence and retention disorders is expected to boost the North America indwelling catheter market, dominating the global market during the forecast period. For instance, in January 2022, biotech startup Iasis Molecular Sciences obtained $1.25 million in funding from a U.S. government program that manages spinal cord injuries.

The 7-year-old corporation intends to design a "wholly antimicrobial" urinary catheter that includes the corporation's proprietary antimicrobials throughout its structure, rather than just as a coating. Moreover, according to the Centers for Disease Control and Prevention in 2021, CKD is additionally expected in those aged 65 and up (38%) than in those aged 18-44 years (6%), or 45-64 years (4%). Again, CKD is particularly more typical in females (14%) than in men (12%), which is anticipated to increase the region's growth in the immediate future.

Furthermore, the growing number of professional experts in this region is also contributing to the regional market growth in the forecast period. For instance, according to the American Urological Association (AUA) in 2020, the U.S. urologist professionals consisted of a sum of 13,352 practicing urologists, a gain of 2.4 % from 13,044 practicing urologists in 2019.

COVID-19 Impact Analysis

The pandemic is estimated to have negatively impacted the global market for instance, according to the African Journal of Urology in 2021, all sorts of elective urological operations were reduced remarkably. In special, ureteroscopic lithotripsy, percutaneous nephrolithotomy, transurethral resection of the prostate, urethroplasty, and renal transplant held the most elevated cut-down. For instance, according to early urologic guidance published in April 2021, from weeks 8-9 to weeks 11-13, the trend for 2020 urologic exercise decreased steadily. Further, according to the same reference cited overhead, one-third of uro-oncologic practices may have been delayed. As a consequence, owing to the outbreak of the COVID-19 pandemic in 2020, sales of Foley catheters fell dramatically.

Market Segmentation

By Product Type

• 2-Way Catheter
• 3-Way Catheter
• 4-Way Catheter

By Material

• Latex
  • Silicon Elastomer Coated Latex
  • Teflon Coated Latex
  • Hydrophilic Polymer Coated Latex
• Silicon
• Other

By Indication

• Urinary Incontinence
• Urinary Retention (BPH)
• Post Surgical Care
• Critical Care
• Other

By End User

• Hospital
• Specialty Clinics
• Ambulatory Surgical Centers (ASCs)
• Nursing Homes
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In July 2022, Light Line Medical Inc. formed a "know-how" License Agreement with the Mayo Clinic to focus on peritoneal dialysis catheter technology, Foley (urinary) catheter technology, endotracheal tube technology, and vascular catheter technology.
• In February 2021, Olympus Corporation acquired an Israeli medical equipment firm increasing its trade line by delivering in-office treatment for benign prostatic hyperplasia (BPH).

Competitive Landscape

The major global players in the market include: Cardinal Health Inc., Teleflex Incorporated, Becton, Dickinson and Company, Coloplast Corp., Medline Industries Inc., Cook Industries LLC, Bactiguard, B. barun Melsungen AG, Amsino International Inc. and Cure Medical LLC among others.

Why Purchase the Report?

• To visualize the global indwelling catheters market segmentation based on product type, material, indications, end user and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of indwelling catheters market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global indwelling catheters market report would provide approximately 69 tables, 71 figures and 192 pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies