PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1351215
PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1351215
The global incontinence pads market is on a path of substantial growth, set to surpass the US$10 billion mark by 2030, with a remarkable CAGR of approximately 6% during the period of 2023 to 2030. This expansion is driven by various factors, including the rising prevalence of renal diseases, advancements in disposable products and catheters, and a growing awareness of personalized care and hygiene.
The prevalence of urinary incontinence (UI) has been reported to range from 20-50% according to a recent study conducted in October 2021. Stress UI has been identified as the primary type of urinary incontinence reported. Chronic respiratory diseases and constipation have also been identified as significant factors contributing to incontinence, indicating a rising trend in diseases that will drive market growth. Additionally, regulatory approvals, such as the US Food and Drug Administration's (FDA) clearance of the Flume catheter in November 2021, are expected to further accelerate market expansion. The strategies adopted by suppliers and manufacturers will play a pivotal role in the market's continued growth.
Expanding Geriatric Population: The growing elderly population is a primary driver of the incontinence pads market. As the world's population ages, there is an increased prevalence of age-related health issues, including incontinence. Incontinence pads offer convenience, comfort, and discretion, making them a preferred option for older individuals to maintain their independence and quality of life.
Innovations in Disposable Pad Materials: Technological advancements in materials used for disposable incontinence pads have transformed the market. Innovations include: superabsorbent materials, improved breathability, and advanced odour control features, enhancing the overall user experience.
Lack of Acceptance Among Patient Population: Overcoming the lack of adoption of incontinence pads in developing countries requires targeted educational campaigns, addressing cultural stigma, and addressing affordability and accessibility issues.
Disposable Pads Dominate: Disposable pads are the preferred choice due to their convenience, hygiene, and environmental considerations.
Female Incontinence Leads: Female incontinence pads dominate the market due to higher prevalence and tailored design.
Europe Leads the Pack: Europe's ageing population, culture of innovation, and well-established distribution network have positioned it as the leader in the global incontinence pads market.
North America's Lucrative Opportunities: North America is set to experience rapid growth due to its ageing population, advanced healthcare system, and consumer-driven market.
Leading players in the incontinence pads market include: Cardinal Health, Inc., Kimberly Clark Corporation, Paul Hartmann AG, Medline Industries, LP., Procter & Gamble, Abena A/S, Essity AB, and Ontex BV.