Urinary Incontinence Market OutlookUrinary Incontinence (UI) is defined as a medical condition in which a person urinates unconsciously. A new report on the global urinary incontinence market, published by Market Research Future (MRFR), gauges that this market could rise by 3% to 4% CAGR between 2016 and 2022. In terms of value, the market can be worth USD 27,775.9 Mn by the end of the forecast period.
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The underlying market driver for the global urinary incontinence market is the growing number of patients. Reasons for most patients to suffer from this ailment include changes in lifestyle, increasing the level of stress, and pregnancy. Pregnant women suffer from this problem very often. The market for the treatment of urinary incontinence is rising due to demand for minimally invasive or non-invasive surgeries, positive advocation by celebrities to use of adult diapers when needed, growing awareness in both developing & developed countries, infrastructural development, and latest technologies. The only factor that can slow down the market growth is consumers feeling shy to buy or use adult diapers or other remedies to cure urinary incontinence.
Urinary Incontinence Market Segmentation
The global urinary incontinence market segmentation encompasses devices and types. MRFR’s take on the market explores various facets of the market in-depth.
Based on devices, this market has been segmented into antimicrobial Foley catheters, electrical stimulation devices, Foley catheters, urethral bulking agents, and others. Foley catheters segment is growing, and during the forecast period, it is expected to hold its sway over the market. Urethral bulking agents can be useful for those patients who have serious issues with anesthetic agents, and due to some medical problem, cannot have surgical procedures.
By types, the market has been segmented into functional incontinence, overflow incontinence, stress incontinence, urge incontinence, and others. Stress incontinence segment holds the largest market share among all segments. During the forecast period, urge incontinence segment is expected to witness the larger growth.
Urinary Incontinence Market Key Players
Prominent players in the global urinary incontinence market include Boston Scientific Corporation (USA), Cook Medical Inc. (USA), Coloplast Corp (USA), C.R. Bard Inc. (USA), Ethicon US LLC (USA), NeoTract Inc. (USA), and Promedon (Argentina).
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