Drainage Catheter Market Size & Share, by Product Type (Indwelling, Intermittent, External); Application (Neurovascular, Urological, Cardiovascular, Gastrointestinal); Material Used (Plastic, Latex or Medical-grade Rubber, Silicone); End-user (Hospitals, Clinics, Specialized Day Care Centers, Ambulatory Surgical Centers) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4172
  • Published Date: Mar 24, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2035

Drainage Catheter Market size is estimated to surpass USD 8 billion by the end of 2035, growing at a CAGR of 10% during the forecast period, i.e., 2023-2035. In the year 2022, the industry size of drainage catheter was over USD 3 billion. The growth of the market can be attributed to the increasing number of chronic diseases across the globe. For instance, the growing prevalence of cardiovascular and neurovascular illnesses amongst the population, an increase in the consumption of unhealthy foods, and rising stress levels among people across the globe are also expected to add to the market growth. According to statistics, over 20% of adults in developed countries suffer from more than one chronic condition.

In addition to these, factors that are believed to fuel the market growth of drainage catheters include the rising adoption of drainage catheters. For instance, owing to the rising number of surgeries catheters are being increasingly used especially in hospitals. For instance, foley catheter is increasingly being adopted around the world owing to a number of variables, such as an increase in operations and the incidence of various disorders.


Drainage Catheter Market
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Drainage Catheter Sector: Growth Drivers and Challenges

Growth Drivers

  • Increased Incidence of Kidney Diseases – It is expected that patients with kidney disease, may use a catheter to lessen the pain, and discomfort, and stop the kidneys from suffering more harm which is anticipated to drive the market growth. As per estimates, more than ~30 million Americans are thought to be affected by kidney disease.

  • Growing Cardiovascular Disorders (CVDs) Worldwide – Increasing consumption of smoking, and other tobacco products, is anticipated to drive the market growth. As of 2019, over 18 million individuals worldwide died from cardiovascular disease.

  • Increasing Hospital Admissions – The growing prevalence of chronic diseases across the globe, is estimated to drive market growth. According to data, over 36 million people were admitted to hospitals in the ~US in 2019.

  • Rising Number of Surgical Procedures – There is an increasing usage of surgical drains are catheters to remove blood, pus, or other fluids after the surgical procedures, as a result the market is expected to expand more in the upcoming years. According to the most recent data, approximately 300 million major surgeries are carried out annually worldwide.

Challenges

  • Adverse Effects from Prolonged Use of Catheter - The increasing concern amongst individuals for the side effects associated with the long-term use of catheters is one of the major factors predicted to slow down the market growth. Using a urinary catheter has the primary danger of occasionally allowing microorganisms to enter your body. For instance, lower urinary tract infections, tissue damage, discomfort, bleeding, and catheter encrustation which results in obstruction are a few of the consequences that can arise with a long-term urethral catheter insertion. In addition to a lengthier hospital stay, catheter-associated urinary tract infections (UTIs) have serious repercussions. More than 70% of UTIs developed in a hospital are attributed to a urinary catheter.
  • Lack of Professional Nursing Facilities
  • Rising Fear of Contracting Infections

Drainage Catheter Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~10%

Base Year Market Size (2022)

~ USD 3 Billion

Forecast Year Market Size (2035)

~ USD 8 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Drainage Catheter Segmentation

Product Type (Indwelling, Intermittent, External)

The global drainage catheter market is segmented and analyzed for demand and supply by product type into the indwelling catheter, intermittent catheter, and external catheter. Out of the three types, the indwelling catheter segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the increasing prevalence of urinary retention. Chronic issues, such as a pelvic floor or prostate problems, can sometimes cause urine retention, or it can be caused by obstructions in the urinary system, such as those from bladder stones. In such cases, an indwelling catheter is inserted for continuous drainage of the bladder for individuals for whom clean intermittent self-catheterization is not possible. Further, by connecting to a drainage bag, an indwelling catheter collects urine. As per data, acute urine retention affects more than 10% of elderly males worldwide, and the likelihood increases with advancing age.

End-user (Hospitals, Clinics, Specialized Day Care Centers, Ambulatory Surgical Centers)

The global drainage catheter market is also segmented and analyzed for demand and supply by end-user into hospitals, clinics, specialized day care centers, ambulatory surgical centers, and others. Amongst these five segments, the hospital segment is expected to garner a significant share. Catheters are used for various procedures in hospitals. Patients in hospitals who need urine flow and preparation for surgery might benefit from urinary catheters. For instance, when patients need to be strictly immobilized for an extended period of time, indwelling urinary catheters may be employed. Also, since being under anesthesia makes it difficult to control one's bladder, urine catheters are frequently used during surgery.

Our in-depth analysis of the global market includes the following segments:

        By Product Type

  • Lndwelling
  • Urethral
  • Suprapubic
  • Intermittent
  • External

        By Application

  • Cardiovascular
  • Neurovascular
  • Gastrointestinal
  • Urological
  • Ophthalmic

         By Material Used

  • Plastic
  • Latex or Medical Grade Rubber
  • Silicone

          By End User

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers

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Drainage Catheter Industry - Regional Synopsis

North American Market Forecast

The North American drainage catheter market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2035. The growth of the market can be attributed majorly to the growing prevalence of traumatic brain injuries. Growing motor vehicle accidents in the region are the leading cause of traumatic brain injuries. Intracranial hemorrhage might happen after severe brain injury. In such conditions, a device called an external ventricular drain (EVD) is used to temporarily drain cerebrospinal fluid (CSF) from the brain's ventricles, which are tiny compartments. In addition, the increasing rate of neurovascular disorders in the region is also anticipated to boost market growth during the forecast period. As per estimates, every year, more than 1 million Americans survive severe brain injuries (TBI).

Europe Market Forecast

The European drainage catheter market, amongst the market in all the other regions, is projected to grow with the highest CAGR during the forecast period. The growth of the market can be attributed majorly to the increasing demand for drainage catheters in the region. The rising incidence of urinary incontinence in various European nations is anticipated to contribute to market growth. Pregnant women are more likely to experience urinary incontinence, which is the loss of bladder control. Further, for urinary incontinence, a urinary catheter which is a flexible tube for draining urine is utilized to empty the bladder.

APAC Market Statistics

Further, the market in the Asia Pacific, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2035. The growth of the market can be attributed majorly to the increasing geriatric population in the region. East Asia and the Pacific are ageing more quickly, as a result of rapid declines in its fertility and mortality rates. Elderly people are more prone to diseases and infections, immune systems deteriorate with ageing. In older patients with urine retention, incontinence, pressure sores, and malignancy, indwelling catheters are used frequently. Further, in order to assure appropriate treatment, elderly patients undergoing treatment in the intensive care unit (ICU) typically require prompt and efficient central vein catheterization, which is anticipated to contribute to the market growth in the region. In addition, the region's expanding healthcare industry and rising chronic illnesses are also anticipated to boost the market growth during the forecast period.

Research Nester
Drainage Catheter Market Size
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Companies Dominating the Drainage Catheter Landscape

top-features-companies
    • ICU Medical, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Medtronic
    • Getinge AB
    • Teleflex Incorporated
    • Medela AG
    • Pacific Hospital Supply Co. Ltd. (PAHSCO)
    • Argon Medical
    • Redax S.p.a. Company
    • Diversatek Healthcare
    • Medline Industries, LP.
    • Cook Group Incorporated
    • ATMOS Medizin Technik GmbH & Co. KG

In-the-news

In The News

  • Argon Medical Devices, Inc. introduced the SKATER Mini-Loop Drainage Catheter, a development of Argon's SKATER, which is able to withstand kinking and is compatible with alcohol. Further, this drainage catheter is inserted through the skin under imaging guidance to remove or drain an undesirable fluid buildup.

  • Teleflex Incorporated launched Arrow Pressure Injectable Midline portfolio, to reduce misunderstanding about line identification, and provide protection by lowering thrombus buildup and the main microorganisms that cause the majority of illnesses connected with healthcare.

Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 4172
  • Published Date: Mar 24, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing cardiovascular disorders (CVDs) worldwide, and rising number of surgical procedures are the major factors driving the market growth.

The market is anticipated to attain a CAGR of 10% over the forecast period, i.e., 2023-2035.

Adverse effects from prolonged use of catheter and the lack of professional nursing facilities are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Medela AG, Pacific Hospital Supply Co. Ltd. (PAHSCO), Argon Medical, Redax S.p.a. Company, Diversatek Healthcare, Medline Industries, LP., Cook Group Incorporated, ATMOS Medizin Technik GmbH & Co. KG, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by material used, product type, application, end user, and by region.

The indwelling segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
Drainage Catheter Market Report Scope
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