The global Urinary Incontinence Devices market was valued at US$ 1432.7 million in 2020 and is expected to reach US$ 3029.2 million by the end of 2027, growing at a CAGR of 11.1% during 2021-2027.
Urinary incontinence is the unintentional leakage of urine that is differentiated into four types namely, stress urinary incontinence, urge urinary incontinence, overflow urinary incontinence, and functional urinary incontinence. Urinary incontinence most commonly affects women; however, with the increase in number of prostate surgeries the prevalence of stress urinary incontinence is set to elevate in men across the globe. Personal distress experienced by the incontinent patients is the major reason why patients seek effective and long-term solutions for the management of urinary incontinence.
The key factors that boost the market growth include development of innovative urinary catheters along with rise in preference for surgical treatment of urinary incontinence to ensure early cure. In addition, rise in geriatric population that normally suffers from urinary incontinence or incontinence associated with chronic conditions (kidney stones, miscarriages, paralysis, and neuromuscular injury) also propels the market growth. However, increase in the unaware incontinent patient population is anticipated to hamper the market growth. Further, untapped economies offer profitable opportunities for the expansion of the market owing to the large population base along with modest penetration of the urinary incontinence devices in the same.
Global Urinary Incontinence Devices Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Urinary Incontinence Devices Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Boston Scientific Corporation, Johnson & Johnson, C. R. Bard, Coloplast Group and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- External Urinary Incontinence Devices
- Internal Urinary Incontinence Devices
Segment by Application
Table of Content:
1 Urinary Incontinence Devices Market Overview
2 Urinary Incontinence Devices Market Competition by Manufacturers
3 Urinary Incontinence Devices Retrospective Market Scenario by Region
4 Global Urinary Incontinence Devices Historic Market Analysis by Type
5 Global Urinary Incontinence Devices Historic Market Analysis by Application
6 Key Companies Profiled
7 Urinary Incontinence Devices Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Urinary Incontinence Devices Market Dynamics
10 Global Urinary Incontinence Devices Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.