The global urinary collection device market was valued at around US$ 2.6 Billion at the end of 2021. The market is projected to register a 5.2% CAGR and top a valuation of US$ 4.4 Billion by 2032.
“Prevalence of chronic diseases, growing geriatric population to set the tone for the urinary collection device market.”
A urine collecting device (UCD) is a tool that enables the collection of urine for analytical purposes or for simple elimination. Patients with urinary incontinence who experience involuntary urination leaks or loss of muscle control over the bladder employ similar devices. A catheter that is fastened to the perineum serves as the urinary collecting device. These are employed to remove urine through tubing connected to a bag or suction tube that collects urine in a container.
| Attributes | Details |
|---|---|
| Urinary Collection Device Market Value in 2021 | US$ 2.6 Billion |
| Urinary Collection Device Market Value in 2032 | US$ 4.4 Billion |
| Urinary Collection Device Market CAGR (2022 to 2032) | 5.2% |
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The market's expansion can be driven by the rising prevalence of chronic diseases among people globally and the increased use of these devices by patients with urine incontinence. The risk of urine incontinence in older people is increasing by a number of chronic illnesses and environmental factors. Diabetes, dementia, stroke, cancer, and arthritis are a few of the chronic conditions that are linked to urine incontinence. It is anticipated that the prevalence of these disorders will increase the risk of urine incontinence, which will increase the demand for urinary collection devices.
The rising frequency of chronic renal disease is another reason driving demand for urine collection devices. Nephrons are attacked by this condition which destroys them and impairs their ability to filter blood. As a result, fluid waste is deposited, leading to several complications. Patients with such conditions may experience urine incontinence or lose control of their bladder, which will ultimately expand the urinary collection device market to grow.
The urinary collection device market is broadly divided into seven major regions, North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.
North America is the leading region in the global urinary collection device market due to the prevalence of chronic diseases and the presence of a strong healthcare network.
Apart from North America, the European urinary collection device market is also expected to display lucrative growth in the projected years due to the presence of major manufacturers in the industry and an aware populace.
The East Asian region is predicted to show lucrative growth owing to the vast untapped market and large geriatric population.
Principal Consultant
Teleflex Incorporated, Hollister Incorporated, Amsino International, Inc., Boston Scientific Corporation, B. Braun Melsungen AG, Medline Industries, Inc., Becton, Dickinson and Company (BD), Wihuri Packaging Oy, C.R. Brad, Coloplast.
| Report Attributes | Details |
|---|---|
| Growth Rate | CAGR of 5.2% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2012 to 2021 |
| Forecast Period | 2022 to 2032 |
| Qualitative Units | Revenue in USD Billion, Volume in Units, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segment Covered | Product, Material, Gender, End User, Region |
| Region Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East & Africa (MEA) |
| Key Countries Profiled | The USA, Canada, Brazil, Mexico, Germany, The UK, France, Spain, Italy, China, Japan, South Korea, Malaysia, Singapore, Australia, New Zealand, GCC, South Africa, Israel |
| Key Players | Teleflex Incorporated; Hollister Incorporated; Amsino International, Inc.; Boston Scientific Corporation; B. Braun Melsungen AG; Medline Industries, Inc.; Becton, Dickinson, and Company (BD); Wihuri Packaging Oy; C.R. Brad; Coloplast |
| Customization | Available Upon Request |
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The global urinary collection device market is anticipated to register a CAGR of 5.2% during the forecast period.
The global urinary collection device market is projected to be about US$ 4.4 Billion by the end of the year 2032.
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