The global suprapubic catheters market is set to gain traction from their possession of numerous benefits, such as lesser chances of infection and high comfort level. This information is given by Fortune Business Insights™ in an upcoming report, titled, “Suprapubic Catheters Market Size, Share & Industry Analysis, By Product (Balloon Suprapubic Catheter, Lumen Suprapubic Catheter), By Application (Urinary Incontinence, Bladder Cancer, Benign Prostatic Hyperplasia (BPH), Others), By End User (Hospitals, Ambulatory Surgery Centers, Urology Clinics, Others) and Regional Forecast, 2019-2026.” The report further mentions that suprapubic cathetersare extensively used in patients withlong-term catheterization needs.
The emergence of the COVID-19 pandemic is affecting severalorganizations by halting their production and manufacturing processes. Some of them have resumed their operations by taking stringent preventive measures, such as low workforce, sanitization, and social distancing. We are providing elaborate research reports of every market and their current status.
To get to know more about the short-term and long-term impact of COVID-19 on this market, please visit: https://www.fortunebusinessinsights.com/suprapubic-catheters-market-103113
What does the Report Include?
The market report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate that will further contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as SWOT and PESTEL analysis to extract information about the current trends and industry developments that will drive the market growth during the forecast period.
The COVID-19 pandemic has had a seismic effect on several economies across the globe. To curb the pandemic spread, the governments of several countries have ordered complete lockdown of industrial and human activities. This is expected to have a significant impact on the market in 2020. However, proactive steps by the industry leaders to revive the Healthcare industry will bode well for the growth of the market in the near future.
Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Our research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
This Report Answers the Following Questions:
- What are the current trends propelling the sale of suprapubic catheters?
- What are the developments & innovations done by prominent players?
- What are the challenges, opportunities, drivers, and hindrances for the market?
- Which are the new segments to focus over the forthcoming period for prioritizing investments & efforts?
Drivers & Restraints-
Rising Geriatric Population to Boost Growth
The rising geriatric population worldwide is set to be the major reason for the suprapubic catheters market growth. Apart from this, numerous product launches by reputedcompanies and increasing prevalence of urinary incontinence are expected to contribute to the market growth. However, there are certain complicationsassociated with suprapubic catheters, such as high risk of intra-abdominal bleeding, haematuria, and repeat surgery hemorrhage may hamper growth. Besides, they can result in infection of the track site, UTI, and possible injury to abdominal organs.
Higher Cases of Benign Prostatic Hyperplasiato Favor Growth in Asia Pacific
North America is anticipated to grow at a rapid rate and dominate by generating the largest suprapubic catheters market share in the near future. This growth is attributable to the rising cases of several urological disorders amongst the geriatric population. Europe would remain in the second position backed by the increasing number of surgeries, which, in turn, is leading to longer hospital stays in the region. Lastly, Asia Pacific is set to exhibit a considerable CAGR throughout the forthcoming years fueled by the rising incidence of benign prostatic hyperplasia and urinary incontinence.
Key Players Focus on Launching State-of-the-Art Suprapubic Catheters to Surge Sales
The increasing number of product launches by key companies is helping them to strengthen their positions in the market. They are also able to broaden their geographic footprints by selling their products worldwide. Below are two of the latest industry developments:
- February 2020:Levity Products unveiled its latest set of patented external catheter stabilizers. They are best suited for suprapubic catheters.
- December 2018: Medtronic received the FDA approval for InterStim smart programme. It is intended for treating non-obstructive urine retention, chronic fecal incontinence, and overactive bladder.
Fortune Business Insights™ lists out the names of all the suprapubic catheters manufacturers operating in the global market. They are as follows:
- Braun Melsungen AG
- Degania Silicone Ltd.
- Levity Products Inc.
- Other key players
Key questions answered in the report:
- What will the market growth rate of Suprapubic Catheters Market in 2026?
- What are the key factors driving the global Suprapubic Catheters Market?
- Who are the key manufacturers in Suprapubic Catheters Market space?
- What are the market opportunities, market risk and market overview of the Suprapubic Catheters Global market?
- What are sales, revenue, and price analysis of top manufacturers of Suprapubic Catheters Global market?
- What are sales, revenue, and price analysis by types and applications of Suprapubic Catheters Market?
- What are sales, revenue, and price analysis by regions of Suprapubic Catheters Market?
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