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North America Urinary Self-Catheter Market Forecast 2019-2028

The North America urinary self-catheter market is set to record a CAGR of 2.73% during the projected period, 2019-2028. The presence of major market players and the favorable reimbursement policies by insurance providers, aid the use of urinary self-catheter, thereby driving the growth of the market.

The United States and Canada are evaluated for the North America urinary self-catheter market growth analysis. Canada encompasses a rapidly-increasing geriatric population. The country also projects an increasing healthcare expenditure graph, where most of it is spent on the aging population. The country is among the highest per capita spenders on health. This is in the context of the Organization for Economic Co-operation and Development (OECD) countries. The government initiatives, with regard to enhancing methods of treating urinary incontinence, are set to be beneficial for market growth. The Canadian Urological Association (CUA) collaborated with the Guidelines Committee for developing guidelines for adult urinary incontinence. As per a study by the Canadian Urological Association (CUA) on the prevalence of urinary incontinence, SUI (stress urinary incontinence) represented almost 50% of the incontinence patients in Canada in 2012. Such factors are estimated to result in lucrative growth opportunities for the market in the country.

Some of the esteemed market players include, Medtronic PLC, Medical Technologies of Georgia Inc, Teleflex Incorporated, Hollister Inc, etc.

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North America Urinary Self-Catheter Market Forecast 2019-2028
Published By :Inkwood Research
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