Global Urinary Catheter Market to Grow on Account of the Surge in Aged Population Worldwide; Market to Grow with a CAGR of 5.83% During 2022-2031

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Global Urinary Catheter Market to Grow on Account
of the Surge in Aged Population Worldwide
Market to Grow with a CAGR of 5.83 During
2022-2031 Kenneth Research has released a
report titled Urinary Catheter Market Global
Demand Analysis Opportunity Outlook 2031 which
also includes some of the prominent market
analyzing parameters such as industry growth
drivers, restraints, supply and demand risk,
along with the impact of COVID-19 and a detailed
discussion on the latest trends and future
opportunities that are associated with the growth
of the market. The count of people over the age
of 65 is expected to be 1 in 6 people by the end
of 2050, up from 1 in 11 in the year 2019,
according to the statistical report titled
World Population Prospects 2019 by the United
Nations. Get Request Sample Report _at_
https//www.kennethresearch.com/sample-request-103
52380 The statistics portray the growing
geriatric population worldwide and therefore the
need for products that can help them lead a
normal quality life. Urinary catheter is a
device that helps people suffering from urinary
incontinence. Since most of the aged population
who are suffering from chronic diseases are bed
ridden, and require medical support to perform
their day-to-day activities, the demand for
supporting devices, such as urinary catheters
are on the rise, which in turn, is anticipated to
drive the growth of the market in the coming
years. The global urinary catheter market is
anticipated to grow with a CAGR of 5.83 over
the forecast period, i.e., 2022 2031. The
market is estimated to
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garner a revenue of USD 4599.80 Million by the
end of 2031. Moreover, in the year 2021, the
market registered a revenue of USD 2631.42
Million. The market is segmented by product into
intermittent catheters, indwelling catheters,
and external catheters. The intermittent
catheters segment, out of all the other
segments, is projected to attain the largest
revenue of USD 2560.63 Million by the end of
2031. Additionally, the segment registered a
revenue of USD 1445.65 Million in the year
2021. By region, the global urinary catheter
market is segmented into five major regions
including North America, Europe, Asia Pacific,
Latin America and Middle East Africa, out of
which, the market in North America is
anticipated to garner the largest revenue of USD
2010.11 Million by the end of 2031.
Additionally, the market in the region registered
a revenue of USD 1167.30 Million in the year
2021. The research is global in nature and covers
detailed analysis on the market in North America
(U.S., Canada), Europe (U.K., Germany, France,
Italy, Spain, Hungary, Belgium, Netherlands
Luxembourg, NORDIC Finland, Sweden, Norway,
Denmark, Poland, Turkey, Russia, Rest of
Europe), Latin America (Brazil, Mexico,
Argentina, Rest of Latin America), Asia-Pacific
(China, India, Japan, South Korea, Indonesia,
Singapore, Malaysia, Australia, New Zealand,
Rest of Asia-Pacific), Middle East and Africa
(Israel, GCC Saudi Arabia, UAE, Bahrain,
Kuwait, Qatar, Oman, North Africa, South
Africa, Rest of Middle East and Africa). In
addition, analysis comprising market size, Y-O-Y
growth opportunity analysis, market players
competitive study, investment opportunities,
demand for future outlook etc. has also been
covered and displayed in the research report.
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However, the complications associated with
catheterization, and the cumbersome
reimbursement policies in several economies are
predicted to hinder the market growth in the
coming years. This report also provides the
existing competitive scenario of some of the key
players of the global urinary catheter market,
which includes company profiling of B. Braun
Melsungen AG, Boston Scientific Corporation,
Coloplast Group, ConvaTec Group Plc, Becton,
Dickinson and Company, Medtronic PLC, Teleflex
Incorporated, Wellspect Healthcare (Dentsply
Sirona Group), BACTIGUARD AB, Hollister
Incorporated, Amsino International, Inc., and
others. The profiling enfolds key information of
the companies which comprises of business
overview, products and services, key financials
and recent news and developments. Conclusively,
the report titled Urinary Catheter Market
Global Demand Analysis Opportunity Outlook
2031, analyses the overall global urinary
catheter industry to help new entrants to
understand the details of the market. In
addition to that, this report also guides
existing players looking for expansion and major
investors looking for investment in the global
urinary catheter market in the near
future. Browse Full Research Report _at_
https//www.kennethresearch.com/report-details/uri
nary- catheter-market/10352380 Kenneth Research
is a leading service provider for strategic
market research and consulting. We aim to
provide unbiased, unparalleled market insights
and industry analysis to help industries,
conglomerates and executives to take wise
decisions for their future marketing strategy,
expansion and investment, etc. We believe every
business can expand to its new horizon, provided
a right guidance at a right time is available
through
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strategic minds. Our out of box thinking helps
our clients to take wise decision so as to avoid
future uncertainties. Contact for more Info AJ
Daniel Email sales_at_kennethresearch.com U.S.
Phone [phone]