Pune, India -- (SBWIRE) -- 11/14/2018 -- The Urinary Catheters Market was worth USD 1880.71 Million in 2016 and is projected to reach around USD 2566.62 Million by 2023. The Urinary Catheters Market is estimated to grow at a CAGR of 4.6% during the forecast period 2017-2023. The North America region accounted for the largest market share of approximate 42% in 2016 and is expected to remain dominant through the forecast period. The Asia Pacific region is expected to grow at highest CAGR of 6.3% during the forecast period.

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Our latest research report entitled Urinary Catheters Market (by product (external catheters, foley/ indwelling catheters, and intermittent catheters), application (spinal cord injury, urinary incontinence, benign prostate and hyperplasia)) provides complete and deep insights into the market dynamics and growth of Urinary Catheters. Latest information on market risks, industry chain structure Urinary Catheters cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Urinary Catheters growth factors.

The forecast Urinary Catheters Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Urinary Catheters on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report.

Urinary catheter is flexible tube, generally made up of silicone, latex or polyurethane, inserted through the tube that carries urine to collect the urine in a drainage bag. Urinary catheters are inserted by doctors or nurses through small opening created to a lower abdomen. With increased stress at workplaces and busy lifestyles of the people worldwide, the number of health disorders such as bladder dysfunction, kidney failure, chronic diseases and other disorders have increased significantly. As a result the prevalence of bladder disorders has increased. With rising cases of bladder disorders the usage of urinary catheters to collect the urine to empty the bladders has escalated over the past few years.

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Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global urinary catheters market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of urinary catheters market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the urinary catheters market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the urinary catheters market to understand the present and future trends in this market and formulate their strategies accordingly.