Indwelling Catheters Market Set to Witness an Uptick during 2020 to 2030
Verfasser: ashwani_kailiya on Tuesday, 12 January 2021The indwelling catheters market is poised to witness growth at a notable CAGR of 6% throughout the projected period, 2020-2030. The expansion can be mainly attributed to the rising incidences of urinary incontinence caused by several ailments and a growing number of surgeries conducted across the globe.
"Although, urologists amid COVID-19 outbreak are compelled to either halt or hold back their clinical practices, to assist the COVID-19 patients. The indwelling catheters production is anticipated to endure in the approaching years." says the Fact.MR report.
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Indwelling Catheters Market - Key Takeaways
North America remains lucrative owing to the growing number of urological surgeries executed in the U.S.
2-way catheters will foresee high demand compared to others as a result of their cost-efficiency in contrast to other products accessible in the market.
Latex is anticipated to remain the key beneficiary among other segments.
The hydrogel coated category will be acquiring significant traction due to its durability than its silicone counterpart.
The short-term usage category will reflect a higher CAGR in the approaching years.
Hospitals account for a notable bigger share in the global market.