The External Urine Management Products Market size was valued at USD 15.9 Billion in 2022 and the total Market is expected to grow at a CAGR of 7.4% from 2023 to 2029, reaching nearly USD 31.9 Billion.

Market Overview

The External urine management products industry research provided a comprehensive analysis of the worldwide External urine management products Market, taking into account all critical variables such as growth factors, limitations, market advancements, top investment pockets, future prospects, and trends. The research begins by emphasizing the important trends and possibilities that may develop in the near future and have a favorable influence on overall industry growth.

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Market Scope

The External urine management products Market report includes a comprehensive analysis of major players in the market, application, and geographic conditions to help identify key competitors both locally and globally. The report also covers the investment options available in the micro market to investors, along with a comprehensive analysis of the competitive landscape and key products the companies offer.

External urine management products Market report provides in-depth knowledge and understanding of trends, dynamics, restraints, and opportunities. Research identifies the most important trends that will impact business operations. It helps to identify the information included in the research that determines the competitive landscape of key companies, the factors affecting the market size and volume, and other aspects that can help to determine the current marketing plan. SWOT analysis was done to find the strengths and weaknesses of the market.

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Segmentation

The extracorporeal urinary management products market is segmented into male extracorporeal catheters, female extracorporeal catheters, and urine collection accessories. In 2022, male external catheter segment accounted for the largest revenue share with over 65.06%. This is due to the high prevalence of male urinary incontinence (UI), the rising incidence of catheter-related urinary tract infections (CAUTI), and the increasing number of people infected with COVID-19. -19 worldwide. Male external catheters are the first choice for patients who wish to self-catheterize for urinary incontinence or urinary retention. Various designs and sizes are available to meet different needs of users. Major market players are offering this product, which is expected to propel this segment forward during the forecast period.

The female anatomy makes the manufacture of external catheters for women a greater challenge, which is why the demand for external catheters for men is relatively high. However, the female external catheter segment is expected to exhibit the highest compound annual growth rate (CAGR) from 2023 to 2029. Growing awareness of female incontinence treatments and innovative products introduced by top market players such as Tilla Care Inc.'s UriCap extracorporeal urine collection device are among the key factors driving the market growth.

UriCap Female can also be recommended for elderly patients suffering from COVID-19 and any medical or home care setting to reduce the number of required cares associated with frequent diaper changes. In addition, increasing government efforts to raise awareness of urological diseases such as distribution channels for urinary incontinence and external urinary catheters for CAUTI prevention are expected to have a positive impact on the sector during the forecast period. is expected. 

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Key Players

1.Hollister Inc
2.Sage Products LC (Stryker)
3.BD (C. R. Bard)
4.Teleflex Inc.
5.Consure Medical
6. Tilla Care Inc.
7.B. Braun Melsungen AG
8. Boehringer Laboratories, LLC
9.Men’s Liberty (BioDerm)
10.Coloplast Corp.
11.Sterimed Group
12. Cardinal Health

Regional Analysis

Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America are the regions that make up the External urine management products market growth. Every region has different factors such as political, geographic, economic, etc. which are affecting the External urine management products market. Local and regional development plans are often affected by the performance of the External urine management products market. The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.

Key Questions answered in the External urine management products Market Report are:

• What is External urine management products Market?
• What is the forecast period of the External urine management products Market?
• What is the competitive scenario of the External urine management products market?
• Which region held the largest market share in the External urine management products Market?
• What are the opportunities for the External urine management products Market?
• What factors are affecting the External urine management products market growth?
• Who are the key players of the External urine management products market?
• Which company held the largest share in the External urine management products market?
• What will be the CAGR of the External urine management products market during the forecast period?
• What key trends are likely to emerge in the External urine management products market in the coming years?

Key offerings:

• Market Share, Size, and Forecast by Revenue|2022-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation: A detailed analysis by External urine management products  
• Landscape- Leading key players and other prominent key players.

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