The urinary
incontinence market size is predicted to reach USD 17.43 billion by 2030 at
6.3% CAGR during the forecast period 2022-2030
Market Research Future (MRFR) in their latest report made an effort in
providing the upcoming market scenario of the global Urinary
Incontinence Market in a holistic way. Urinary
incontinence denotes an unintentional leakage of urine under extreme stress or
due to any kind of pressure on the bladder. It happens mostly in women. Women
during pregnancy can experience the problem. Women of age group 30-60 are more
prone to experience this problem than others. This occurs when a person loses
his or her control over the urinary sphincter or the control gets weakened. The
chance of a person contracting urinary incontinence grows with age. MRFR in
their report talked in detail about the Urinary Incontinence Market growth and
harped on segments with both volume-wise and value-wise analysis.
Simultaneously, the research also focuses on the competitive landscape and
factors that can improve the Urinary Incontinence Market dynamics in the coming
years.
Increasing the level of stress, changes in lifestyle, pregnancy, and
other reasons can trigger urinary incontinence. The patients are mostly divided
into four types; constant-or-near-constant dribbles and leaks, stress-related
leakage, urge-related incontinence, and inability to control the bladder. The Urinary
Incontinence Market is all set to receive backings from growing awareness in
both developing and developed regions, latest technologies, infrastructural
development, and demand for minimally invasive or non-invasive surgeries can
help in the growth of the Urinary Incontinence Market.
Major Key
Players:
Notable players in the Urinary Incontinence Market Players, as reported by MRFR, are
NeoTract, Inc, Promedon, Cook Medical Inc., C.R. Bard Inc., Coloplast Corp,
Boston Scientific Corporation, Ethicon US, LLC and others. Their influence on
the market has great strategic relevance which has also spurred expansion in
the market.
Segment Analysis
MRFR, for a better analysis of the global Urinary
Incontinence Market, segments it by types and devices.
Based on types, the global Urinary Incontinence
Market can be segmented into urge incontinence, stress incontinence, overflow
incontinence, functional incontinence, and others. The stress incontinence
segment has the largest market share as of the report. The urge incontinence
segment is also expecting much growth during the forecast period.
Based on devices, the urinary incontinence market comprises
electrical stimulation devices, Foley catheters, antimicrobial Foley catheters,
urethral bulking agents and others. Foley catheters are getting much traction
and are expected to keep their growth the same during the forecast period.
Urethral bulking agents can work well with patients who have serious issues
with anesthetic agents and cannot have surgical procedures.
Regional Analysis
MRFR, in their region-specific
analysis of the Urinary Incontinence Market, includes the Americas, Europe,
Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas can be segmented
into North America and South America. North America churns out the maximum
revenue amount of the global Urinary Incontinence Market. The regional market
is amply backed by superior infrastructure, robust healthcare segment, reimbursement
policies, and high investment from individuals regarding health. People in this
region are quite aware of the problem and seek specialist help quite often
which helps the market with expansion.
Europe and the APAC market are
projected to grow with the fastest CAGR over the review period. Government’s in
Europe are backing the healthcare sector with funds that are getting invested
in research and development. In the APAC, the regional market is profiting from
the presence of a huge population base where the upliftment of the healthcare
sector is ensuring widespread awareness and easy access to treatments.
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