The South & Central America intermittent catheters market was valued at US$ 139.66 million in 2023 and is expected to reach US$ 186.56 million by 2031; it is estimated to register a CAGR of 3.7% from 2023 to 2031.
Growing Preference for Self-Catheterization and Increasing Investments in Urinary Catheter Developments Fuels South & Central America Intermittent Catheters Market
Benign prostatic hyperplasia (BPH) and prostatitis are among the most common reasons for intermittent self-catheterization in men. Many women face difficulties in bladder control, which compels them to opt for intermittent self-catheterization, which assists them to lead a normal life. Companies in the catheter market are increasingly investing in efforts to introduce newer products. In 2022, Convatec introduced the GentleCath catheter line, which features FeelClean Technology, a groundbreaking innovation. The next-generation material used in GentleCath catheters with FeelClean Technology is naturally slippery when wet, negating the need for a coating. They reduce the risk of trauma or bleeding and the associated pain since they have low friction levels during insertion and do not become sticky when removed. Thus, the increasing preference for self-catheterization and investments in urinary catheter developments are likely to create significant growth opportunities in the market in the coming years.
South & Central America Intermittent Catheters Market Overview
The intermittent catheters market in Brazil is anticipated to grow significantly due to factors such as the rising prevalence of urinary incontinence and cardiovascular & neurovascular diseases in the geriatric population. As the geriatric population in Brazil is increasing, the cases of chronic diseases and morbidities are growing, which creates a need for better services in the healthcare system. According to the Brazilian Ministry of Health, older adults are expected to account for approximately 10% of the population by 2040. Also, by 2050, Brazil is expected to account for ~66 million people aged 60 and above. Urinary incontinence is a medical condition that is observed by the involuntary release of urine and is reported to be one of the major concerning factors among the geriatric population of Brazil. The occurrence of urinary incontinence is higher in women, with an occurrence ratio of two for every man. Overall, 11–23% of women are suffering from this disease in the country. In older adults, the prevalence among women is ~20–35%, and in men, 10–15%. This is, in turn, expected to increase the procedural volume of catheterization, thereby propelling the growth of the intermittent catheters market in the country.
South & Central America Intermittent Catheters Market Revenue and Forecast to 2031 (US$ Million)
Strategic insights for the South & Central America Intermittent Catheters provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the South & Central America Intermittent Catheters refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.South & Central America Intermittent Catheters Strategic Insights
South & Central America Intermittent Catheters Report Scope
Report Attribute
Details
Market size in 2023
US$ 139.66 Million
Market Size by 2031
US$ 186.56 Million
Global CAGR (2023 - 2031)
3.7%
Historical Data
2020-2021
Forecast period
2023-2031
Regions and Countries Covered
South and Central America
Market leaders and key company profiles
South & Central America Intermittent Catheters Regional Insights
South & Central America Intermittent Catheters Market Segmentation
The South & Central America intermittent catheters market is categorized into product, indication, category, system type, end user, and country.
By product, the South & Central America intermittent catheters market is segmented into coated intermittent catheters and uncoated intermittent catheters. The coated intermittent catheters segment held a larger share of the South & Central America intermittent catheters market share in 2023.
In terms of indication, the South & Central America intermittent catheters market is segmented into urinary incontinence, general surgeries, spinal cord injuries, Parkinson’s Disease (PD), multiple sclerosis, and others. The urinary incontinence segment held the largest share of the South & Central America intermittent catheters market share in 2023.
Based on category, the South & Central America intermittent catheters market is female length catheters, male length catheters, and kid length catheters. The female length catheters segment held the largest share of the South & Central America intermittent catheters market share in 2023.
By system type, the South & Central America intermittent catheters market is bifurcated into closed intermittent catheters systems and open intermittent catheters systems. The closed intermittent catheters systems segment held a larger share of the South & Central America intermittent catheters market share in 2023.
In terms of end user, the South & Central America intermittent catheters market is segmented into hospitals, ambulatory surgical centers, home care settings, and others. The hospitals segment held the largest share of the South & Central America intermittent catheters market share in 2023.
Based on country, the South & Central America intermittent catheters market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil segment held the largest share of South & Central America intermittent catheters market in 2023.
B Braun SE, Boston Scientific Corp, Cardinal Health Inc, Coloplast Corp, Convatec Group Plc, Teleflex Inc, and Wellspect HealthCare are some of the leading companies operating in the South & Central America intermittent catheters market.
The South & Central America Intermittent Catheters Market is valued at US$ 139.66 Million in 2023, it is projected to reach US$ 186.56 Million by 2031.
As per our report South & Central America Intermittent Catheters Market, the market size is valued at US$ 139.66 Million in 2023, projecting it to reach US$ 186.56 Million by 2031. This translates to a CAGR of approximately 3.7% during the forecast period.
The South & Central America Intermittent Catheters Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South & Central America Intermittent Catheters Market report:
The South & Central America Intermittent Catheters Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South & Central America Intermittent Catheters Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South & Central America Intermittent Catheters Market value chain can benefit from the information contained in a comprehensive market report.