Global urological catheters market: 622 million units sold by 2018

Press release   •   Aug 14, 2013 16:34 BST

The global Urological Catheters market is forecast to reach 622 million units by 2018, driven by aging population, increasing incidence of end stage renal diseases (ESRD), and technological innovations.

Urological catheters find widespread use across the entire spectrum of the healthcare industry, including hospitals, critical care facilities, nursing homes, and home care settings. The growing populace of aging individuals is resulting in increased incidence of urological conditions that require catheterization. The United States, Western Europe, Japan, and other advanced economies with rapidly aging societies are at the forefront of global growth. Longevity as a result of enhanced living conditions and quality of healthcare is expected to result in a surge in the number of hospital admissions and surgical procedures for the elderly, thereby driving sales of urological catheters.

As a technology-driven industry, innovative technologies, products and procedures are constantly fueling growth in the market. Manufacturers and researchers are testing and developing newer catheter material compositions that improve user pre and post-catheterization comfort, as well as antimicrobial coatings that prevent the formation of biofilms and crusts. Biocompatible materials, such as silicone and polymer mixes, are substituting latex materials, giving rise to lubricious internal and external surfaces that reduce pain during insertions. Silicon coated and 100% silicone catheters are already in widespread use in cases where patients are allergic or hypersensitive to latex.

For more information on the Global urological catheters market, please click here: Global urological catheters market

Follow us on Twitter now @CandMResearch issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.