Urinary Collection Device Sector: Growth Drivers and Challenges
Growth Drivers
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Growing Prevalence of Urinary Incontinence
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Rising Incidences of Chronic Disorders
Challenges
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Complications with the Use of Catheter Device
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Shortage of Clinical Experts and Professional Physicians
Urinary Collection Device Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
5.4% |
|
Base Year Market Size (2024) |
USD 3.31 billion |
|
Forecast Year Market Size (2037) |
USD 6.56 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of urinary collection device is assessed at USD 3.46 billion.
Urinary Collection Device Market size was over USD 3.31 billion in 2024 and is projected to reach USD 6.56 billion by 2037, witnessing around 5.4% CAGR during the forecast period i.e., between 2025-2037.
North America industry is likely to account for largest revenue share of 48% by 2037, 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.
