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(Medical-NewsWire.com, June 18, 2019 ) Urinary Catheters Market is projected to increase at a CAGR of 5.61% over the forecast period 2019-2025. Increasing prevalence of urinary incontinence, rising aging population and technological advancements that are used for catheters are the factors booming the growth of the urinary catheters market. Further, increase in number of surgeries across the globe is resulting the high demand for urinary catheters.
Growing geriatric population is a major contributor for the growth of market. New technological advancements include antimicrobial coatings, code tip configuration, and rise in the use of silicone catheters are fueling the demand for urinary catheters.
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Americas dominate the global urinary catheters market. Asia-Pacific remains untapped market, however is projected to increase its growth over the forecast period 2019-2025.
Intermittent and external male catheters are the major trends in the market. Furthermore, growing adoption of urinary catheters coated with Teflon, silicone- elastomer and hydrogels to minimize the risk of CAUTI is driving the market demand.
Presence of alternative treatment options for urinary incontinence is one of the major challenges in the market. Potential complications associated with use of urinary catheters is the another key challenge in the market.
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The research report includes an in-depth analysis of Global Urinary Catheters Market, including information about changing market dynamics, current market trends, future trends and market intelligence. Value chain analysis of the market provides a detailed view of strategic intermediaries involved and highlights their roles at each stage in the value chain.
The report gives the current Urinary Catheters Market value across each segment including Product type, application, and region outlook to 2025 to provide wide-ranging knowledge and detailed insights. Further, the research report presents near term, medium term and long term forecast of the Global Urinary Catheters Market size during the forecast period 2019-2025.
It presents the market attractiveness index through porters five force analysis on the basis of bargaining power of buyers, competitive rivalry, threat of new entrants, threat of substitutes, and bargaining power of suppliers. The porter’s five forces elucidate the effectiveness of buyers and sellers in the Urinary Catheters Market, and also assist in developing effective strategies.
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Urinary Catheters Market growth prospective and future opportunities of five regions including North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa are forecasted in the research report. The forecasts are made on the basis of drivers, restrains and opportunities of market across all geographies with competitive analysis, specific trends, growth strategies, region specific assessments, and industry developments.
Researched competitive landscape with profiles of key companies and their market shares are thoroughly analysed in the report in order to achieve a complete view of strategies adopted by each company. Further, the list of top urinary catheters companies as well as company wise SWOT analysis, current strategic interests and financial results are included in the urinary catheters report in order to provide detailed information of the market. In addition, growth initiatives of each top company including mergers, joint ventures, acquisitions, new product developments are also studied in the report.
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Source: EmailWire.Com
Source: EmailWire.com
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