Europe Urinary Catheters Market to Grow at a CAGR of 7.4% during the Forecast Period; Growing Prevalence of Urinary Disorders to Foster Market Growth

The Europe urinary catheters market size was USD 1.32 billion in 2022. The market is predicted to rise from USD 1.41 billion in 2023 to USD 2.32 billion by 2030, registering a CAGR of 7.4% over 2023-2030.

Fortune Business Insights™ presents this information in its report titled, “Europe Urinary Catheters Market Size, Share & COVID-19 Impact Analysis, By Product (Indwelling Catheters, Intermittent Catheters, and External Catheters), By Application (Urinary Incontinence, Benign Prostatic Hyperplasia, Surgery, and Others), By Gender (Male and Female), By End-user (Hospitals, Age Care Centers, and Others), and Regional Forecast, 2023-2030”. As per the National Health Service (NHS), individuals who have trouble urinating normally may undergo urinary catheterization, which uses flexible tubes called urinary catheters to drain the bladder and collect urine. Certain conditions, including bladder cancer, prostate enlargement, and urinary incontinence, block the urine flow and need catheterization to pass urine. Additionally, these products are widely used in draining the bladder before and after surgery and assist in performing certain tests. The growing prevalence of various urinary disorders among the population is driving market expansion.

Halt in Several Urological Surgeries during the Pandemic Hampered Market Growth

The COVID-19 pandemic restrained the Europe urinary catheters market growth. Decreased patient visits to hospitals and halted several urological surgeries during the pandemic hampered market expansion. In post-pandemic, the market registered significant growth due to the resumption of normal healthcare activities.

Coloplast A/S Enhanced Customer Engagement to Improve the Users’ Quality of Life

In April 2022, by implementing the user service program “Coloplast Care” by Oracle, Coloplast A/S improved customer engagement. The purpose of this customized and interactive service program is to enhance the users’ life standards and disease management experience. Such customer engagement initiatives are paving the way for companies to enhance their services and meet consumer demands.

Growing Concerns about Urinary Incontinence to Augment Market Growth

Increasing concerns about urinary incontinence among the population globally are expected to boost market expansion during the forecast period. In Europe, urinary incontinence is a serious health concern. As per the World Health Organization (WHO), old age is more prone to various serious health issues, generally known as geriatric syndromes. These syndromes are a result of several conditions, such as urinary incontinence and Benign Prostate Hyperplasia (BPH). There are many products available according to European urinary incontinence management guidelines, including external collection devices, absorbent pads, urinary catheters, penile clamps for men, and intravaginal devices for women. Increasing adoption of these products is boosting the demand for these catheters.

Nevertheless, growing concerns about catheter-associated urinary infections are impeding the market expansion.

Leading Companies Focus on Innovative Product Offerings to Maintain their Positions

In terms of the competitive environment, the market is consolidated, with multinational businesses accounting for a prominent market share. Due to its strong portfolio, extensive and established presence in Europe, and recent product introductions, Coloplast A/S holds a leading market position.

In April 2022, the introduction of the SpeediCath Flex Set, an all-in-one solution with a soft catheter that includes triple action coating technology, was announced by Coloplast A/S for markets between 2022 and 2023.

Notable Industry Development

• October 2021: B. Braun Melsungen AG made a partnership with Otsuka Pharmaceutical Factory, Inc. for its intermittent urological catheter, Actreen.

List of the Companies Profiled in the Report:

• Coloplast A/S (Denmark)


• B. Braun Melsungen AG (Germany)


• Hollister Incorporated (U.S.)


• Medline Industries, LP (U.S.)


• Clinisupplies Ltd.  (U.K.)


• Boston Scientific Corporation (U.S.)


• Convatec Group PLC (U.K.)


• Teleflex Incorporated (U.S.)

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/industry-reports/europe-urinary-catheters-market-101442

Further Report Findings-

• Germany stood at USD 0.33 billion in 2022. The growing geriatric population and rising urinary disease prevalence are the key elements expected to fuel the market growth in Germany.


• The market in France is projected to expand at a higher CAGR over the projected period due to a rise in pregnancy rates and childbirth and growing surgical volumes in the country.


• The markets in Sweden and Ukraine are set to rise rapidly due to the rising target population and the increasing local companies’ focus on offering advanced urinary catheters.


• The intermittent catheters segment led the Europe urinary catheters market share. Rapid changes in homecare treatment among patients are driving the segment growth.


• Hospitals registered the highest revenue in the Europe market in 2022. An increase in hospitalization for surgeries is driving the segment expansion.

Table of Segmentation