The Indwelling Catheters Market To Witness A Healthy Facelift Between 2020 to 20

Posted by Ashish on April 14th, 2021

Advancements in material used for the manufacturing of indwelling catheters plays a significant role in the success of clinical catheterization and high patient convenience. Leading industry players are developing innovative material for manufacturing indwelling catheters of superior quality, performance, and patient ease. Material properties such as high resistance to collapse, minimal trauma to lumen wall, and low accumulation and occlusion are significantly focused attributes during the development and commercialization of indwelling catheters by key industry players. In addition, technological advancements such as 3– and 4-way indwelling urinary catheters provide simultaneous systemic and distal perfusion.

Key players operating in the indwelling catheters market offer a wide range of urinary incontinence products such as long-term and short-term indwelling catheters. Increase in prevalence of surgeries in hospitals is expected to boost the demand for indwelling catheters in the global market. Demand for urinary incontinence products has increased to prevent infection spread in hospitals, home care centers, surgical centers, etc., creating an absolute opportunity for the growth of the indwelling catheters market.

PMR predicts that the global indwelling catheters market is expected to reach US$ 12.7 Bn in 2030, and is expected to exhibit a CAGR of over 6% during the forecast period (2020–2030).

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