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The latest report by IMARC, titled “ UrinaryIncontinenceDevicesMarket:GlobalIndustryTrends,Share,Size,Growth,OpportunityandF orecast2023-2028
” " the global urinary incontinence devices market reached a value of US$ 2.7
Billion in 2022. Urinary incontinence devices help people with urinary incontinence manage their symptoms and maintain their quality of life. Urinary incontinence is involuntary urine leakage, which occurs due to a range of factors, such as weak pelvic muscles, nerve damage, or an enlarged prostate. Several types of urinary incontinence devices are available in the market, including absorbent pads, urinary catheters, penile clamps, and urethral inserts. Absorbent pads are designed to be worn inside underwear as they can absorb leakage, preventing it from reaching clothing. Urinary catheters are thin tubes inserted into the bladder to drain urine into a collection bag outside the body. Penile clamps are placed around the penis to compress the urethra, preventing urine from leaking. Urethral inserts, on the other hand, are small, tampon-like devices that are inserted into the urethra to block the flow of urine. Urinary incontinence devices are highly effective in managing the symptoms of urinary incontinence.
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The global market is majorly driven by the increasing prevalence of urinary incontinence among the population. In line with this, the rising incidences of chronic diseases like diabetes, multiple sclerosis, and Parkinson's disease are significantly contributing to the product demand. Furthermore, the growing awareness regarding urinary incontinence and its impact on the quality of life is positively influencing the market. Apart from this, rapid technological advancements have led to the development of more effective and comfortable incontinence devices, thereby creating a positive outlook for the market. Besides, the growing demand for non-invasive treatments and the escalating demand for home healthcare products are bolstering the market.
Moreover, the increasingly busy and active lifestyles of the masses result in the rising incidences of urinary incontinence, leading to higher demand for incontinence devices worldwide. Consequently, a substantial increase in the number of individuals who smoke, drink, and suffer from chronic diseases is providing a boost to the growth of the market. On account of the factors above, the market is anticipated to reach a value of US$ 4.9 Billion by 2028, exhibiting a CAGR of 10.66% during 2023-2028.
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
MarketSummary:
ProductInsights:
• Urinary Catheters
• Vaginal Slings
• Electrical Stimulation Devices
• Artificial Urinary Sphincters
• Others
CategoryInsights:
• External Urinary Incontinence Devices
• Internal Urinary Incontinence Devices
IncontinenceTypeInsights:
• Stress Urinary Incontinence
• Urge Urinary Incontinence
• Overflow Urinary Incontinence
• Mixed Incontinence
PatientInsights:
• Female
• Male
EndUserInsights:
• Hospitals
• Ambulatory Surgical Centers
• Others
RegionalInsights:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
CompetitiveLandscapewithKeyPlayers:
• B. Braun Melsungen AG
• Baxter International Inc
• Becton Dickinson and Company
• Boston Scientific Corporation
• Caldera Medical Inc.
• Coloplast A/S
• ConvaTec Group plc
• Cook Group Inc.
• Johnson & Johnson
• Kimberly-Clark Corporation
• Laborie Medical Technologies Inc.
• Medtronic plc
• Teleflex Incorporated
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