According to the report by Allied Market Research, titled, “Urinary Incontinence Market by Product (Devices and Disposables), Incontinence Type (Stress Urinary Incontinence, Urge Urinary Incontinence, Overflow Urinary Incontinence, and Functional Urinary Incontinence), and End User (Hospitals and Clinics, Home Care, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030“. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
The global Urinary Incontinence Market generated $10.12 billion in 2020, and is estimated to reach $19.34 billion by 2030, witnessing a CAGR of 6.8% from 2021 to 2030.
Advent of innovative urinary incontinence devices, surge in demand for minimally invasive procedures, shift from conventional solutions to novel urinary incontinent products, and efficiency in the prevention of hospital-acquired infections (HAIs) drive the growth of the global urinary incontinence market. However, lack of awareness regarding urinary incontinence devices, post-operative complications, and surge in concerns toward disposable products hinder the market growth. Rise in healthcare expenditures in the developing economies and increase in technology integration present new opportunities in the coming years.
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Comprehensive competitive analysis and profiles of major market players, such as
Leading players of the global urinary incontinence market analyzed in the research include Becton, Dickinson and Company (C.R. Bard Inc.), Caldera Medical, Boston Scientific Corporation, ConvaTec Group plc, Coloplast A/S, Johnson and Johnson, Cook Group Inc., Medtronic plc, Laborie Medical, Ahlstrom-Munksjo, Teleflex Incorporated, Berry Global Inc., Asahi Kasei Corporation, Domtar Corporation, Cardinal Health, Inc., First Quality Enterprises, Inc., and others.
Key Findings Of The Study:
- By product, the disposables segment dominated the urinary incontinence market in 2020 and is expected to continue during the forecast period owing to the repetitive use or consumption along with repetitive purchase of urinary incontinence disposables.
- By incontinence type, the stress urinary incontinence (SUI) segment dominated the global urinary incontinence market in 2020. This is attributed to high incidence of stress urinary incontinence witnessed among women globally.
- Based on end user, the hospital and clinics segment dominated the global market in 2020 and is anticipated to continue this trend during the forecast period owing to urinary incontinence most commonly affects women and the prevalence is high among hospitalized older adults.
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