Global Pediatric Urinary Tract Catheters Market, By Product (Foley/Indwelling Catheters, Short Term/Intermittent Catheters, Condom/External Catheters, Cardiovascular Catheters, Urology Catheters, Intravenous Catheters, Neurovascular Catheters, Specialty Catheters), Type (Coated Catheters, Uncoated Catheters), Gender (Male Urinary Catheters, Female Urinary Catheters), Indication (Urinary Incontinence, General Surgery, Benign Prostatic Hyperplasia, Spinal Cord Injuries, Others), End User (Hospitals, Long-Term Care Facilities, Clinics, Ambulatory Surgical Centers, Others) – Industry Trends and Forecast to 2029.
Pediatric Urinary Tract Catheters Market Analysis and Size
According to a study published in 2017 by the Center for Disease Control and Control Prevention (CDC), around 4,000 children died that year. According to WHO data, an estimated 5.2 million children under five die each year due to preventable and treatable illnesses. Pediatric urinary tract catheters are developed to help youngsters deal with catheterization. Catheters are medical equipment that doctors prescribe. These treat bladder dysfunction caused by a spinal cord injury, spina bifida, MS, Parkinson's disease, diabetes, stroke, or incontinence. Due to the high incidence of venous thromboembolism (VTE) in the pediatric population, the use of pediatric catheters has expanded globally.
Data Bridge Market Research analyses that the pediatric urinary tract catheters market, which was USD 6.59 billion in 2021, would rocket up to USD 13.03 billion by 2029, and is expected to undergo a CAGR of 8.90% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Pediatric Urinary Tract Catheters Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Foley/Indwelling Catheters, Short Term/Intermittent Catheters, Condom/External Catheters, Cardiovascular Catheters, Urology Catheters, Intravenous Catheters, Neurovascular Catheters, Specialty Catheters), Type (Coated Catheters, Uncoated Catheters), Gender (Male Urinary Catheters, Female Urinary Catheters), Indication (Urinary Incontinence, General Surgery, Benign Prostatic Hyperplasia, Spinal Cord Injuries, Others), End User (Hospitals, Long-Term Care Facilities, Clinics, Ambulatory Surgical Centers, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Abbott (U.S.), BD (U.S.), Boston Scientific Corporation (U.S.), Medtronic (Ireland), Cook (U.S), Johnson & Johnson Private Limited (U.S.), Smith+Nephew (Germany), Cardinal Health (U.S.), Terumo Corporation (Japan), CONAVI MEDICAL (U.S.), Edwards Lifesciences Corporation (U.S.), Infraredx, Inc. (U.S.), Getinge AB (Sweden), Coloplast Corp (U.S.), McKesson Medical-Surgical (U.S.)
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Market Opportunities
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Market Definition
Urinary tract catheters are hollow, bendable tubes used to achieve urine transit via them or to assist urine discharge. Depending on their intended use, catheters come in various forms, including urethral, cystostomy, and ureteral catheters.
Global Pediatric Urinary Tract Catheters Market Dynamics
Drivers
- Growing incidence of cancer
According to the World Health Organization (WHO) cancer is the second biggest cause of death worldwide. In 2018, cancer claimed the lives of more than 9.6 million people around the world. The growing usage of catheters for minimally invasive diagnostic and treatment procedures and the rising hospitalization rate due to the high incidence of chronic diseases are likely to fuel market growth.
- Rising prevalence of hospital-acquired infection and the existence of sophisticated healthcare infrastructure
North America now owns a 32 percent market share and is the clear leader in the pediatric urinary tract catheters market in the regional sector. The increased prevalence of hospital-acquired infections and advanced healthcare infrastructure are two significant factors contributing to its market domination. Due to good reimbursement scenarios for pediatric urinary tract catheters and a considerable increase in inpatient procedures conducted to treat chronic diseases. Europe is currently in second place in the regional segment with a 30% share.
Opportunities
The global pediatric urinary tract catheters market is being driven by a high prevalence of diseases such as urinary infection and coronary heart infection, as well as an increase in premature births, an increase in patient awareness programs, a surge in research and development initiatives for urinary infection diseases, and an increase in demand for comprehensive heart failure care. Congenital heart problem is the most frequent type of birth defect, according to Circulation (2018), with a global prevalence of roughly 7.7 per 1,000 live births. Biochips, implantation, and growth in innovative software programs available for measuring heart filling pressure are all expected to boost the pediatric urinary tract catheters market.
Restraints/Challenges
- High cost
In low and middle-income nations, a lack of understanding regarding pediatric catheters may stifle market growth. The market's expansion may be hampered by limited reimbursement policies and the high cost of doctors. Furthermore, in the forecast period 2022 to 2029, the preference for medicines over medical devices may stifle market growth.
This pediatric urinary tract catheters market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the pediatric urinary tract catheters market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Pediatric Urinary Tract Catheters Market
The demand for pediatric devices has enlarged due to the COVID-19 pandemic. According to the American College of Cardiology (ACC), around 40% of recovered COVID-19 patients develop cardiovascular conditions. North America and Asia-Pacific regions are the major contributors to the market growth due to a few factors, such as the need for IVUS actions during PCI procedures and the increase in the acceptance of IVUS systems in hospital diagnostic centers. The global pediatric urinary tract catheters market is being driven by a high prevalence of diseases such as urinary infection and coronary heart infection, as well as an increase in premature births, an increase in patient awareness programmes, a surge in research and development initiatives for urinary infection diseases, and an increase in demand for comprehensive heart failure care.
Global Pediatric Urinary Tract Catheters Market Scope
The pediatric urinary tract catheters market is segmented on the basis of product, type, gender, indication and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Foley/Indwelling Catheters
- Short Term/Intermittent Catheters
- Condom/External Catheters
- Cardiovascular Catheters
- Urology Catheters
- Intravenous Catheters
- Neurovascular Catheters
- Specialty Catheters
Type
- Coated Catheters
- Uncoated Catheters
Gender
- Male Urinary Catheters
- Female Urinary Catheters
Indication
- Urinary Incontinence
- General Surgery
- Benign Prostatic Hyperplasia
- Spinal Cord Injuries
- Others
End User
- Hospitals
- Long-Term Care Facilities
- Clinics
- Ambulatory Surgical Centers
- Others
Pediatric Urinary Tract Catheters Market Regional Analysis/Insights
The pediatric urinary tract catheters market is analysed and market size insights and trends are provided by country, product, type, gender, indication and end user as referenced above.
The countries covered in the pediatric urinary tract catheters market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the pediatric urinary tract catheters market due to the increasing prevalence of urinary incontinence procedures.
Asia-Pacific is expected to exhibit the maximum growth during the forecast period 2022 to 2029 due to the improvements in the region's healthcare infrastructure with the focus of authorities on advancing their current health care services.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The pediatric urinary tract catheters market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for pediatric urinary tract catheters market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the pediatric urinary tract catheters market. The data is available for historic period 2010-2020.
Competitive Landscape and Pediatric Urinary Tract Catheters Market Share Analysis
The pediatric urinary tract catheters market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to pediatric urinary tract catheters market.
Some of the major players operating in the pediatric urinary tract catheters market are:
- Abbott (U.S.)
- BD (U.S.)
- Boston Scientific Corporation (U.S.)
- Medtronic (Ireland)
- Cook (U.S.)
- Johnson & Johnson Private Limited (U.S.)
- Smith & Nephew plc (Germany)
- Cardinal Health (U.S.)
- Terumo Corporation (Japan)
- CONAVI MEDICAL (U.S.)
- Edwards Lifesciences Corporation (U.S.)
- Infraredx, Inc. (U.S.)
- Getinge AB (Sweden)
- Coloplast Corp (U.S.)
- McKesson Medical-Surgical (U.S.)
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