According to the current analysis of Reports and Data, the global Urinary Incontinence market was valued at USD 2.18 billion in 2018 and is expected to reach USD 3.93 billion by the year 2026, at a CAGR of 7.6%. Urinary incontinence is the leakage of urine, which is not controllable and is caused due to loss of control on the bladder. The various factors which are responsible for urine leakage include multiple conditions such as pregnancy, menopause, pelvic surgery, spinal surgery, diabetes, childbirth, and post radical prostatectomy surgery. The crucial factors responsible for propelling the market include the rising prevalence of the physical and medical conditions leading to urinary incontinence, increase in the geriatric population in the forecast period. For instance, according to the International Diabetes Federation estimates, half a billion people are found to be living with diabetes worldwide, and the number is projected to increase by 25% in 2030 and 51% in 2045. This rise in diabetic patients who undergo problems with urination is anticipated to fuel the market in the near future.
Additionally, the growing incidences of Parkinson’s disease and hike in the technological advancements of urinary incontinence, upsurge in the government initiatives for the awareness, and increase in healthcare spending are anticipated to propel the market in the coming years. For instance, according to the recent estimations of the Parkinson’s Foundation, it is estimated that more than 10 million people worldwide are living with Parkinson’s disease worldwide. The increase in the individuals living with Parkinson’s diseases is also more susceptible to experience urinary incontinence and hence propel the market in the near future.
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The report provides a panoramic view of the market and insights that will help formulate better business decisions. In addition to that, the study helps well-established companies and players gain a deeper understanding of the market and make informed decisions. The report also discusses in detail about the key factors influencing the market growth.
Key companies operating in the market include:
Covidien plc (Medtronic), Coloplast, Boston Scientific Corporation, C. R. Bard, Inc., ConvaTec Group Plc, Ethicon, Inc., Caldera Medical Inc., Cook Medical, Prosurg, Inc., and Cogentix Medical Inc.
The report covers an extensive analysis of the key market players in the market along with their business overview, expansion plans, and strategies. The report also focuses on recent strategic alliances in the market including mergers and acquisitions, joint ventures, partnerships, agreements, corporate and government deals, product launches, and brand promotions, among others.
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The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Urinary Incontinence market is further segmented on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report also offers a country-wise analysis to provide crucial insights into market size, market growth, market revenue growth, and economic growth in each region.
On basis of product types and application offered by the Urinary Incontinence industry, the market is segmented into:
Products Outlook (Revenue in Million USD; 2016–2026)
- Urinary Catheters
- Electrical stimulation devices
- Urethral Slings
- Neuromodulation Devices
- Artificial Urinary Sphincters
Types Outlook (Revenue in Million USD; 2016–2026)
- Total Incontinence
Categories Outlook (Revenue in Million USD; 2016–2026)
End-Use Outlook (Revenue in Million USD; 2016–2026)
- Ambulatory Surgical Centers
- Home Use
The regional analysis covers:
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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Benefits of Urinary Incontinence Market Report:
- Panoramic overview of the opportunities and risks in the Urinary Incontinence sector
- Study of recent innovations and developments in the industry
- Comprehensive study of the growth pattern of the Urinary Incontinence industry
- In-depth assessment of the competitive landscape of the key players of the Urinary Incontinence industry
- Analysis of the Urinary Incontinence market drivers, constraints, and opportunities
- Assessment of technological developments and latest trends of the industry
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