Development of innovative urinary incontinence devices, surge in demand for minimally invasive procedures, and rise in risk of urological disorders drive the global urinary incontinence device market. However, lack of awareness regarding novel developments in the urinary incontinence devices, underreported cases of urinary incontinence, and post-operative complications associated with the devices hinder the market growth. On the other hand, increase in healthcare expenditures in the developing countries present new opportunities in the coming years.
The global Urinary Incontinence Market generated $10.12 billion in 2020, and is estimated to reach $19.34 billion by 2030, witnessing a CAGR of 6.8% from 2021 to 2030.
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Appearance of imaginative urinary incontinence gadgets, flood popular for negligibly obtrusive techniques, shift from regular answers for novel urinary incontinent items, and effectiveness in the avoidance of clinic gained contaminations (HAIs) drive the development of the worldwide urinary incontinence market. In any case, absence of mindfulness with respect to urinary incontinence gadgets, post-usable complexities, and flood in worries toward expendable items thwart the market development. Ascend in medical care consumptions in the creating economies and expansion in innovation combination present new open doors before very long.
In 2020, there was an extensive decrease in various kinds of short term tests and careful medicines for female urinary incontinence, kidney stones, barrenness, and bladder stones. These medicines had the best paces of chopped down administrations. Likewise, many market players went through an income drop in the urology stage.
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Based on product, the vaginal slings segment contributed to the highest share in 2020, accounting for nearly two-fifths of the total share, and is estimated to maintain its leadership status throughout the forecast period. Moreover, this segment is expected to manifest the highest CAGR of 14.1% from 2021 to 2030. The research also analyzes segments including urinary catheters, electrical stimulation devices, artificial urinary sphincters, and other devices.
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Some of the Top Players in the Global Market Are:
Leading players of the global urinary incontinence market analyzed in the research include Becton, Dickinson and Company (C.R. Bard Inc.), Caldera Medical, Boston Scientific Corporation, ConvaTec Group plc, Coloplast A/S, Johnson and Johnson, Cook Group Inc., Medtronic plc, Laborie Medical, Ahlstrom-Munksjo, Teleflex Incorporated, Berry Global Inc., Asahi Kasei Corporation, Domtar Corporation, Cardinal Health, Inc., First Quality Enterprises, Inc., and others.
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