Urinary incontinence Market 2022
Urinary incontinence (UI) is a condition in which a person loses control over his urine flow and urinates unconsciously. It is also known as overactive bladder. Types of UI include urge incontinence, overflow incontinence, stress incontinence, and mixed incontinence. The global urinary incontinence market report by Market Research Future (MRFR) contains the future outlook of the industry by keeping in mind the various dynamics for the period. The COVID-19 pandemic and its impact on the industry has been considered as well.
Market Scope
Surgical options for UI, development of urinary catheters, and a large geriatric populace known for contracting kidney stones, miscarriages, and paralysis are other growth engines of the market. Developing economies with unawareness of the disease can offer a plethora of growth opportunities for drug manufacturers and ancillary equipment manufacturers.
The outbreak of the COVID-19 pandemic can lead to the overtreatment of antibiotics for UTI due to patients being susceptible to the virus. This can be attributed to the presence of bacteriuria in older adults that can cause delirium with doctors assuming seeing similar symptoms to COVID-19.
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Major Key Players:
Notable players in the urinary incontinence market, 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
The global urinary incontinence market has been segmented on the basis of type into functional incontinence, stress incontinence, urge incontinence, overflow incontinence, and others. Within the type segment, the stress incontinence sub-segment held the largest market share. This can be attributed to patients suffering from UI opting for stress management solutions for the long run. On the other hand, urge incontinence is expected to exhibit the strongest growth rate during the forecast period.
On the basis of devices the market is segmented into urethral bulking agents, electrical stimulation devices, Foley catheters, antimicrobial Foley catheters, and others. Foley catheters can continue to gain market share and maintain a steady growth rate during the forecast period owing to the comfort it provides patients and minimal complications noted with its usage.
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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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