The Global Urinary Incontinence Market is the subject of the latest research report from Market Research Future (MRFR). The global urinary incontinence market is studied in detail in the report, which includes a detailed overview of the major factors affecting the growth of the urinary incontinence market, including major drivers and restraints. The historical growth trajectory of the urinary incontinence market is used to understand major growth patterns and to make sense of the market’s current position. Future projections are made regarding the market’s trajectory based on an extensive analysis of the market’s past growth trends. Leading players in the global urinary incontinence market are also profiled in the report. The report estimates that the global urinary incontinence market will reach a valuation of USD 27,775.9 million by 2022.
Urinary incontinence is a condition where a person may urinate without being aware of it, i.e. the loss of control over the process of urination. There are various causes that can cause urinary incontinence, with trauma and disease being among the top reasons. There are four major types of urinary incontinences, namely stress incontinence, wherein forceful actions such as sneezing or coughing can put pressure on the urinary bladder, causing incontinence; urge incontinence, wherein the patient constantly feels an urge to urinate, resulting in small amounts of urine escaping the tract without the patient’s knowledge; overflow incontinence, caused by the bladder not being emptied properly; and mixed incontinence, which can be a mixture of any of these three types of incontinence. Growing awareness about urinary incontinence is likely to be a major driver for the global urinary incontinence market over the forecast period.
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The growing geriatric population around the world is likely to be a major driver for the urinary incontinence market over the forecast period. Geriatric people are more likely to suffer from urinary incontinence than younger demographics, as the muscles that control urination get weaker with age, resulting in various problems related to incontinence.
Key Players – Urinary Incontinence Market
Leading players in the global urinary incontinence market include
- Ethicon US LLC,
- Boston Scientific Corporation,
- Coloplast Corp.,
- C. R. Bard Inc.,
- Cook Medical Inc.,
- Promedon,
- NeoTract Inc.
Research and development is likely to remain an important avenue for players in the global urinary incontinence market over the forecast period.
In September 2019, a new study showed that surgery may be beneficial for women suffering from stress incontinence and urgency incontinence. The study contradicts the conventional wisdom in this area, which states that surgery may be a hindrance rather than a benefit in cases of mixed urinary incontinence, and is thus likely to remain important in the coming years. Another study released the same month observed that behavior modification programs may help reduce the extent of urinary incontinence.
Latest Industry News
1 AUG 2019 – According to a study, the use of Proact™ device implantation has increased as a remedy for male stress urinary incontinence (SUI), which could be profitable for the market in general.
Segments – Urinary Incontinence Market
The global urinary incontinence market is segmented on the basis of type, device, and others.
By type, the global urinary incontinence market is segmented into urge incontinence, stress incontinence, overflow incontinence, functional incontinence, and others.
By device, the global urinary incontinence market is segmented into electrical stimulation devices, Foley catheters, antimicrobial Foley catheters, urethral bulking agents, and others.
Regional Analysis – Urinary Incontinence Market
A geographical outlining of the global urinary incontinence market covers Europe, the Americas (North America & South America), Asia Pacific, and the Middle East & Africa (MEA).
Being the largest regional market, the Americas region can be segmented into North America and South America. Availability of advanced technology can make North America, a greater regional market segment over South America. Churning maximum revenue, North America is a powerful regional market due to the presence of the USA and Canada. Both of these countries have high investment from individuals regarding health, reimbursement policies, robust healthcare sector, and superior infrastructure. People in this region are aware of this medical problem, and thus, they consult a specialist for help regularly. In the USA, many important market players have their operations. In South America, Argentina has the maximum scope of market growth.
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During the forecast period, both Europe and Asia Pacific region can be the fastest growing regional markets. Europe is expected to grow at 4% CAGR. In Europe, governments are investing in the healthcare sector and approving grants for research & development (R&D). The most vibrant economies that can be important country-specific markets are France, Germany, and the UK.
In the Asia Pacific region, the market is deriving profits from the presence of a huge population base where the slow but steady upliftment of the healthcare sector is ensuring easy access to medical treatments and widespread awareness about important medical treatments for different ailments. In this region, China, India, and Japan hold the potential to be important country-specific markets.
The MEA region may attain limited growth due to lack of awareness, lack of skilled medical professionals, less investment in the healthcare sector, and limited availability of advanced medical facilities.
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