Drainage Catheter Market - Growth Drivers and Challenges
Growth Drivers
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Increased Incidence of Kidney Diseases – It is expected that patients with kidney disease, may use a catheter to lessen the pain, and discomfort, and stop the kidneys from suffering more harm which is anticipated to drive the market growth. As per estimates, more than 30 million Americans are thought to be affected by kidney disease.
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Growing Cardiovascular Disorders (CVDs) Worldwide – Increasing consumption of smoking, and other tobacco products, is anticipated to drive the market growth. As of 2019, over 18 million individuals worldwide died from cardiovascular disease.
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Increasing Hospital Admissions – The growing prevalence of chronic diseases across the globe, is estimated to drive market growth. According to data, over 36 million people were admitted to hospitals in the US in 2019.
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Rising Number of Surgical Procedures – There is an increasing usage of surgical drains are catheters to remove blood, pus, or other fluids after the surgical procedures, as a result the market is expected to expand more in the upcoming years. According to the most recent data, approximately 300 million major surgeries are carried out annually worldwide.
Challenges
- Adverse Effects from Prolonged Use of Catheter - The increasing concern amongst individuals for the side effects associated with the long-term use of catheters is one of the major factors predicted to slow down the market growth. Using a urinary catheter has the primary danger of occasionally allowing microorganisms to enter your body. For instance, lower urinary tract infections, tissue damage, discomfort, bleeding, and catheter encrustation which results in obstruction are a few of the consequences that can arise with a long-term urethral catheter insertion. In addition to a lengthier hospital stay, catheter-associated urinary tract infections (UTIs) have serious repercussions. More than 70% of UTIs developed in a hospital are attributed to a urinary catheter.
- Lack of Professional Nursing Facilities
- Rising Fear of Contracting Infections
Drainage Catheter Market Size and Forecast:
|
Base Year |
2025 |
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Forecast Year |
2026-2035 |
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CAGR |
5.1% |
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Base Year Market Size (2025) |
USD 3.53 billion |
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Forecast Year Market Size (2035) |
USD 5.8 billion |
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Regional Scope |
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