Thursday 26 June 2014

Urinary catheters are devices used to drain out urine from people who have lost control over their urinary bladder. Urinary catheters are used in medical conditions such as urinary incontinence and retention, multiple sclerosis, spina bifida, dementia, and temporarily, post-surgery, especially of prostate or genitals. Urinary catheters are made up of latex, polyurethane, or silicone. The procedure of establishing urine drainage using urinary catheters is known as catheterization. Mostly the catheters are inserted into the urethra and guided into the bladder; but with the development of technologically advanced catheters such as male external catheters, there is no need for catheter insertion, reducing the rate of CAUTI. Analysts forecast the Global Urinary Catheters market will grow at a CAGR of 5.18 percent over the period 2013-2018.

The Report recognizes the following companies as the key players in Global Urinary Catheters Market: B. Braun Melsungen AG, Coloplast A/S, C.R. Bard Inc., Hollister Inc. , Teleflex Inc.  , AdvancedCath, Boston Scientific Corp. , Cook Medical Inc. , Covidien plc, ConvaTec SA, Cure Medical  , Wellspect HealthCare DENTSPLY IH AB.

Coated urinary catheters are being highly adopted by physicians. The coating is generally of Teflon, silicone elastomer, hydrogels, and antimicrobial agents. Silicone is used to maintain the optimal shape and firmness of the catheters as it is not affected by heat or cold. Teflon reduces the rate of absorption of water, preventing urethral contact. A hydrogel coating absorbs water to produce a slippery outside. Hydrophilic lubricant impregnates the catheter making its insertion and removal easier. The antimicrobial coatings made from nitrofurazone and silver alloy help prevent the formation of biofilms and crusts, reducing the rate of CAUTI acquired by incontinent patients.

This report covers the present scenario and the growth prospects of the Global Urinary Catheters market for the period 2014-2018.

The Global Urinary Catheters market can be segmented into three divisions: Foley Catheters, Intermittent Catheters, and Male External Catheters. TechNavio’s report, the Global Urinary Catheters Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Urinary Catheters market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

 According to the report, the Global Urinary Catheters market is driven by several factors, among which the increasing aging population is one of the major drivers. It is estimated that nearly 2 billion people will be aged 60 and above by 2050. As a person ages, the incidence of urinary incontinence also increases and thereby increases demand for urinary catheters. Nearly 200 million people above the age of 65 worldwide are affected by urinary incontinence.

Further, the report states that one of the major challenges faced by the market is the presence of alternative treatment options for urinary incontinence. Fixer-occluder devices for incontinence, urethral plugs, vaginal slings, and absorbent pads or underwear help incontinent patients to pass urine and medications such as fesoterodine are more accepted by the population.