Healthcare Providers Increase Availability of Urinary Catheters During COVID-19 Outbreak
With the significant impact on the global economy and businesses, the coronavirus pandemic has put intense pressure on the healthcare system. The urinary catheters market in Asia Pacific is also negatively affected by the insufficient supply of devices, postponement of elective surgeries, shortage of hospital beds, medical staff, etc. However, the urinary catheters market in the region is booming after the significant efforts taken by healthcare providers and market stakeholders. The surging demand for urinary catheters due to rising incidence of urinary incontinence and increasing geriatric population who have a difficulty passing urine naturally drive the market in the region. Medical device manufacturers are now increasing the production of urinary catheters due to the increasing demand in the Asia Pacific.
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Urinary incontinence or lack of control over urination is a commonly found health condition in the elderly population and the people suffering from diabetes. Excessive stress, chronic illnesses, kidney disorders, prostate cancers, dementia, and in some cases, neurological complications are some of the key factors responsible for the rising incidences of urinary incontinence, which, in turn, is boosting the Asia Pacific urinary catheters market. Urinary catheters are also used to empty the bladder before or after the surgical procedure. Innovative strategies adopted by manufacturers to increase the production of urinary catheters fuel market growth.
Adoption and Awareness of Intermittent Self-catheters (ISCs) Creating Profitable Avenues
The urinary catheters market in Asia Pacific is expected to expand at a CAGR of 7.1% during the forecast period of 2021-2031. The market in Asia Pacific is projected to reach US$ 1.5 Bn by 2031. Intermittent self-catheters (ISCs) are the effective product to manage urinary retention or incontinence problems in patients. Healthcare advancements, rise in the number of surgical procedures, and increase in awareness of urinary catheters drive the Asia Pacific urinary catheters market, creating profitable opportunities for market players. Embarrassment caused due to urine leakage and its impact on physical and mental health has led to the increasing adoption of such devices in the aging population. The growing health consciousness among people has encouraged them to follow healthier lifestyle, supported by the use of such devices.
Increasing Demand to Rise with Advanced Healthcare Infrastructure
The urinary catheters market in Asia Pacific is projected to witness lucrative growth opportunities during the forecast period, owing to rapid healthcare advancement, increasing geriatric population, and improving healthcare infrastructure. Favorable reimbursement policies in the healthcare sector supports market expansion. Bladder catheterization is the most commonly executed procedure in hospitals, which drives the growth of the urinary catheters market in Asia Pacific. Rising prevalence of prostate cancers and surging prostate operations in hospitals demand urinary catheters on a regular basis. Manufacturers operating in the Asia Pacific urinary catheters market are increasing the production of these devices to fulfill the demand from the healthcare industry. In order to increase the overall well-being of people, market players are introducing innovative urinary catheters to fulfill the surging demand.
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The availability of advanced healthcare facilities, increasing healthcare expenditure, and growing prevalence of urinary disorders have positively influenced the demand for urinary catheters in Asia Pacific.
sia Pacific Urinary Catheters Market: Overview
- The urinary catheters market in Asia Pacific was valued at US$ 685 Mn in 2020 and is projected to expand at a moderate CAGR from 2021 to 2031. Increase in incidence of urinary retention & leakage and other bladder diseases and surge in the geriatric population in countries in Asia are anticipated to drive the urinary catheters market in the region.
- Urinary catheter is a hollow flexible tube placed in the body to drain and collect urine from the bladder. Urinary catheters are available in various sizes and are made of rubber, plastic, and silicone. Intermittent self-catheters, Foley catheters, external catheters are the different types of urinary catheters used by the patient population. Bladder catheterization is the most common procedure performed in hospitals, which propels the need of urinary catheters across Asia Pacific. Urinary catheters are inserted through urethral, external, and suprapubic techniques.
- Urinary catheters are widely used in urinary incontinence, urinary retention, prostate surgery, multiple sclerosis, spinal cord injury, spina bifida, dementia, and other chronic conditions, which lead to incontinence and leakage bladder condition. These factors boost the demand for urinary catheters across Asia Pacific.
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Asia Pacific Urinary Catheters Market: Segmentation
- The urinary catheters market in Asia Pacific has been segmented based on type, distribution channel, and country/sub-region
- In terms of type, the urinary catheters market in Asia Pacific has been classified into intermittent self-catheters (ISCs), Foley catheters, and others. The intermittent self-catheters (ISCs) segment accounted for major market share in 2020, as intermittent self-catheters are widely used for different urinary disorders and offer less risk of developing catheter-acquired urinary tract infection. These factors are likely to drive the segment in the next few years. ISCs are available at costs lower than other catheters in the region and are affordable for patients at homecare settings. This is likely to be a major factor propelling the market in Asia Pacific during the forecast period.
- Based on distribution channel, the urinary catheters market in Asia Pacific has been divided into hospital pharmacy, retail pharmacy, and eCommerce. The hospital pharmacy segment accounted for the largest market share in 2020, attributed to increase in admission of geriatric population suffering from urinary incontinence, urinary leakage, and other bladder conditions. The eCommerce segment is anticipated to expand at higher CAGR during the forecast period owing to rise in availability of urinary catheters at discounted rates.
Asia Pacific Urinary Catheters Market: Country/Sub-region Segmentation
- In terms of country/sub-region, the urinary catheters market in Asia Pacific has been segmented into Singapore, Australia, South Korea, Japan, Taiwan, China, and Rest of Asia Pacific
- Japan dominated the market in 2020, followed by China and Rest of Asia Pacific. Japan accounted for significant market share in 2020 due to presence of large geriatric population, which is highly prone to urinary retention and incontinence conditions. This factor is anticipated to boost the demand for urinary catheters in the short- and long-term. Technological advancements and well-established healthcare infrastructure in Japan are anticipated to propel the urinary catheters market during the forecast period.
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- Presence of key players in Japan and expansion of international players in the domestic market are expected to propel the urinary catheters market in the country in the next few years. Japan is considered the largest e-commerce market, which drives the availability of technological advanced urinary catheters on this platform.
- The market in South Korea is likely to grow at a rapid pace from 2021 to 2031. Technological advancements, advanced healthcare facilities, strong distribution channel offering advanced urinary catheters, increase in serious injuries such as spinal cord, and surge in adoption of catherization are the key factors projected to propel the urinary catheters market in South Korea during the forecast period. According to research, in South Korea, surge in admission of geriatric patients in hospitals is likely to increase the incidence of urinary incontinence. This is expected to augment the urinary catheters market in the country.
Asia Pacific Urinary Catheters Market: Major Players
- Key players operating in the urinary catheters market in Asia Pacific include Medtronic, Advin Health Care, B. Braun Melsungen AG, Medline Industries, Inc., Becton, Dickinson & Company, Boston Scientific Corporation or its affiliates, Coloplast Group, ConvaTec, Inc., Flexicare (Group) Limited, Hollister Incorporated, Teleflex Incorporated, and Well Lead Medical Co., Ltd.
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- These players focus on adopting various strategies to strengthen market presence, expanding product offerings, and strengthening geographic presence. Launch of innovative product offerings, mergers & acquisitions, sale of urinary catheters through eCommerce, and collaborations with various key distributors to expand in developing countries is anticipated to boost the growth of the urinary catheters market in the region during the forecast period. Major players has adopted the strategy of entering the domestic market in developing countries and offering product line at low cost to expand in Asia Pacific.
Hollow Fiber Dialyzers Market: Introduction
- Dialyzer, also known as artificial kidney, is used to remove excess wastes and fluids from blood. It is used in patients with kidneys that are unable to perform their tasks. Dialyzer consists of fibrous material forming a semipermeable membrane that enables passage of smaller particles and liquids.
- Hollow fiber dialyzer consists of 7–17 x 10^3 semipermeable hollow fibers. These fibers enable transfer of solute and fluid between blood and dialysate. The fibers have a diameter of 180 microns to 200 microns and wall thickness of 30 microns to 40 microns. These help to distribute dialysate flow evenly through the fiber bundle. The dialysate compartment consists of outer covering in which fiber bundle is enclosed.
- The header is enclosed by end cap and the polyurethane potting material. The end cap holds the fibers firmly, forming a barrier between the blood and dialysate compartments. The function of a header is to allow blood flow from the dialyzer inlet into the membrane fibers and then form the files in the dialyzer outlet.
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Key Drivers Global Hollow Fiber Dialyzers Market
- The global hollow fiber dialyzers market is primarily driven by increase in incidence of renal diseases, especially chronic kidney diseases and end stage renal disease (ESRD), surge in the geriatric population, new product launches, and rise in adoption of hollow fiber dialyzers
- According to the Centers for Disease Control and Prevention (CDC), nearly 15% of adults i.e., 37 million people, in the U.S. are likely to have chronic kidney disease. The disease is common in people aged 65 years or older than in people aged 45 to 64 or 18 to 44 years.
High Flux Hollow Fiber Dialyzers Segment to Account for Major Market Share
- In terms of product type, the global market can be bifurcated into low flux hollow fiber dialyzers and high flux hollow fiber dialyzers
- The high flux hollow fiber dialyzers segment is anticipated to dominate the global hollow fiber dialyzers market during the forecast period, due to increase in preference for high flux membrane over low flux membrane, as high flux membranes are more efficient in the removal of larger molecules during dialysis.
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Synthetic Membranes Segment to Capture Prominent Market Share
- Based on membrane type, the global hollow fiber dialyzers market can be categorized into cellulosynthetic membranes and synthetic membranes. The synthetic membranes segment can be split into polysulfone, cellulose triacetate, polypropylene, polycarbonate, and others.
- The synthetic membranes segment is expected to account for major share of the global hollow fiber dialyzers market by 2030. This is attributed to rise in the adoption of synthetic membrane dialyzers, increase in number of suppliers, and wide range of products available
North America to Dominate Global Hollow Fiber Dialyzers Market
- In terms of region, the global hollow fiber dialyzers market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America is projected to dominate the global hollow fiber dialyzers market during the forecast period. The market in North America is anticipated to be driven by increase in use of emerging technologies in dialysis, rise in prevalence of kidney diseases, and presence of prominent manufacturers and suppliers of dialyzers, especially in the U.S.
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Key Players Operating in Global Hollow Fiber Dialyzers Market
The global hollow fiber dialyzers market is highly fragmented, with a large number of domestic players accounting for major market share. Key players operating in the global hollow fiber dialyzers market are:
- Gambro
- Fresenius SE
- Asahi Kasei Corporation
- Toray Medical
- NIPRO Corporation
- MEDIVATORS
- Allmed Medical GmbH
- Kawasumi Laboratories
- Haidylena
- Baxter International, Inc.
- Weigao Group
- Shanghai Peony Medical
- Bellco
- Farmasol
Global Hollow Fiber Dialyzers Market: Research Scope
Global Hollow Fiber Dialyzers Market, by Type
- Low Flux Hollow Fiber Dialyzers
- High Flux Hollow Fiber Dialyzers
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Global Hollow Fiber Dialyzers Market, by Membrane Material
- Cellulosynthetic Membrane
- Synthetic Membrane
- Polysulfone
- Cellulose Triacetate
- Polypropylene
- Polycarbonate
- Others
- (PMMA)
- Others
Global Hollow Fiber Dialyzers Market, by End-user
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Others
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