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Europe Urinary Catheters Market Is Expected to Grasp USD 1.76 billion, at a CAGR Of 6.4%

Research Report on Global Europe Urinary Catheters Market is a professional and comprehensive report on the Europe Urinary Catheters industry. The report monitors the key trends and market drivers in the current scenario and offers on-the-ground insights.

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Europe Urinary Catheters Market Is Expected to Grasp USD 1.76 billion, at a CAGR Of 6.4%

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  1. Title : Europe Urinary Catheters Market Is Expected to Grasp USD 1.76 billion, at a CAGR Of 6.4% | Fortune Business Insights Europe Urinary Catheters Market Stand Out as the Biggest Contributor to Global Growth and Will Hit 6.4% CAGR By 2026 Description: Research Report on Global Europe Urinary CathetersMarket is a professional and comprehensive report on the Europe Urinary Cathetersindustry. The report monitors the key trends and market drivers in the current scenario and offers on-the-ground insights. Content : Rising incidence of urinary incontinence in European countries is expected to be the key driver of the Europe urinary catheters market growth during the forecast period. According to the World Federation of Incontinence Patients (WFIP), there are 36 million people suffering from urinary incontinence in the 27 European Union (EU) countries presently. Out of these, 60% are women and the prevalence of the disorder is expected to climb due to the increasing life-expectancy of Europeans. Furthermore, the Global Forum on Incontinence states that in the whole of Europe, about 9.9% of the continent’s total population was reeling under the effects of urinary incontinence in 2018. These numbers will augment the expansion of the Europe urinary catheters market in the coming decade. An Overview of the Impact of COVID-19 on this Market: The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of corona virus outbreak across industries to help you prepare for the future. Click here to get the short-term and long-term impact of COVID-19 on this [Market]. For More Information : https://www.fortunebusinessinsights.com/industry-reports/europe- urinary-catheters-market-101442 Fortune Business Insights, in its report, titled “Urinary Catheters Market Size, Share & Industry Analysis, By Product (Indwelling Catheters, Intermittent Catheters, External Catheters), By Application (Urinary Incontinence, Benign Prostatic Hyperplasia, Surgery, Others), By Gender (Female, Male), By End User (Hospitals, Age Care Centers, Others) and Regional Forecast, 2019-2026”, projects that the Europe urinary catheters market value will reach USD 1.76 billion by 2026 from its current value of USD 1.08 billion. The report also

  2. provides a detailed assessment of the factors and emerging trends in competition and regions that will influence and shape the market in the stipulated period. Increasing Number of Surgeries to Fuel Revenue Generation in Germany; Italy to Follow With USD 0.26 billion of revenue generated in 2018, Germany is expected to lead the Europe urinary catheters market during the forecast period. The two main factors for this development are the rise in urology surgeries and growing number of elderly people suffering from urinary incontinence. Italy is anticipated to take second place to Germany in terms of revenue in the Europe urinary catheters market till 2026 owing to rapidly spreading awareness about urinary disorders. Increasing number of surgeries will enable France to register a high CAGR, with 1.1 million urology surgeries already been performed, as per the data released by the OECD. Launching of Novel Products to Drive the Competition Competition in the Europe urinary catheters market is driven by increased R&D activities to develop new products and mergers and acquisitions. For example, Coloplast launched a new range of products, SenSura Mio Baby and SenSura Mio Kids, specifically designed for kids and babies having to live with a stoma. Further, companies are acquiring other players to strengthen their grip on the market. For example, C.R. Bard, along with its urology and urinary incontinence products, was acquired by BD in 2017 to diversify their product range and establish a stronger presence in the market. More Trending Topics from Fortune Business Insights: Surgical Robots Market Technological Strategies, Global Trends, Share, Industry Analysis, Regional Overview, Growth Forecast till 2026 Knee Replacement Market Growth Factor, Latest Trends, Key Opportunity, Industry Analysis Forecast till 2026

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