London, 23 April 2015: Technavio, the independent tech-focused global research firm, has published a report on the urinary incontinence products market in the US 2015-2019, which is expected to grow at a moderate pace and post a CAGR of 4.11% during the forecast period of 2014-2019.
“Foley catheters coated with Teflon, silicone elastomer, hydrogels, and antimicrobial agents are increasingly more widely accepted among physicians,” says Faisal Ghaus, Vice President of Technavio.
“Silicone is used to maintain the optimal shape and firmness of the catheter as it is not affected by heat or cold. Teflon reduces the rate of water absorption, preventing urethral contact.”
Key Market Drivers
- Increase in aging population
- Growing prevalence of urinary incontinence
- Increased diagnosis and healthcare expenditure
- Favorable reimbursement scenario
Key Market Trends
- Advances in technology
- High demand for pull-up pants
- Increased demand for single-incision slings
- Increased adoption of coated urinary catheters
Key Market Vendors
- American Medical Systems
- C.R. Bard
- Coloplast
- Covidien
- Kimberly-Clark
- SCA
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
