IMARC Group, a leading market research company, has released a report titled “Urinary Incontinence Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. The global urinary incontinence devices market size reached US$ 2.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.9 Billion by 2028, exhibiting a growth rate (CAGR) of 10.66% during 2023-2028.
Urinary incontinence devices are used to treat a condition that causes sudden, intense, and involuntary loss of urine. They are widely available as urethral inserts, pessary, urine seals, bladder neck support devices, and artificial urinary sphincters in different sizes, shapes, and structures. They assist in blocking the flow of urine or by altering the position of the bladder and urethra to enable bladder control. As a result, urinary incontinence devices are employed in clinics, home care centers, and ambulatory surgery centers across the globe.
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Urinary Incontinence Devices Market Trends and Drivers:
At present, the rising prevalence of urological disorders, such as urinary tract infections (UTIs), kidney stones, and loss of bladder control, represents one of the key factors strengthening the market growth. Besides this, the growing demand for minimally invasive (MI) operations as it assists in reducing post pain and fast recovery with minimal side effects is offering a positive market outlook. Apart from this, the rising development of advanced urinary incontinence devices is propelling the market growth. Moreover, governing agencies of several countries are undertaking initiatives to generate awareness about urinary incontinence disorders and diagnostics, which are bolstering the growth of the market. Furthermore, key manufacturers are investing in research and development (R&D) activities to introduce a digitally connected urinary incontinence system that monitors the bladder capacity and notifies about urination time.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Product:
Urinary Catheters
Vaginal Slings
Electrical Stimulation Devices
Artificial Urinary Sphincters
Others
Breakup by Category:
External Urinary Incontinence Devices
Internal Urinary Incontinence Devices
Breakup by Incontinence Type:
Stress Urinary Incontinence
Urge Urinary Incontinence
Overflow Urinary Incontinence
Mixed Incontinence
Breakup by Patient:
Female
Male
Breakup by End User:
Hospitals
Ambulatory Surgical Centers
Others
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
B. Braun Melsungen AG
Baxter International Inc
Becton Dickinson and Company
Boston Scientific Corporation
Caldera Medical Inc.
Coloplast A/S
ConvaTec Group plc
Cook Group Inc.
Johnson & Johnson
Kimberly-Clark Corporation
Laborie Medical Technologies Inc.
Medtronic plc
Teleflex Incorporated.
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