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Urinary Collection Device Market Trends

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Report ID: 572
Published Date: Sep 05, 2024
Report Format: PDF, PPT

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Urinary Collection Device Market Trends

Growth Drivers

Growing Prevalence of Urinary Incontinence
Rising Incidences of Chronic Disorders

Challenges

Complications with the Use of Catheter Device
Shortage of Clinical Experts and Professional Physicians

Urinary Collection Device Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	5.4%
Base Year Market Size (2023)	USD 3.14 billion
Forecast Year Market Size (2036)	USD 6.22 billion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Urinary Collection Device Market Size & Share, Growth Analysis 2036

Author Credits: Radhika Pawar

Report ID: 572
Published Date: Sep 05, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of urinary collection device is evaluated at USD 3.28 billion.

Urinary Collection Device Market size was valued at USD 3.14 billion in 2023 and is set to cross USD 6.22 billion by 2036, expanding at more than 5.4% CAGR during the forecast period i.e., between 2024-2036. The growing prevalence of urinary incontinence, and the rising incidences of chronic disorders will boost the market growth.

North America is expected to dominate industry share of 48% by 2036, led by rising concern for the increasing prevalence of chronic disease, along with presence of a strong healthcare network in the region.

The major players in the market are Teleflex Incorporated, Hollister Incorporated, Amsino International, Inc., Boston Scientific Corporation, B. Braun Melsungen AG, Medline Industries, Inc., and others.

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