The global urometer market is anticipated to expand at a CAGR of 7.5% during the forecast period of 2023 and 2031. The rising prevalence of urological illnesses, including urinary retention, cystitis, benign prostatic hyperplasia, urine incontinence, and kidney stones, which result in bladder dysfunction, is predicted to be one of the primary reasons driving market expansion. In addition, the increasing geriatric population, the increasing initiatives of various non-profit organizations, and the demand for home healthcare facilities all contribute to the market's expansion.
Increasing Geriatric Population
The increasing geriatric population is another significant element driving market expansion. According to the World Health Organization, urine incontinence is a relatively widespread disorder among those aged 60 and beyond. In older adults, stress and urge incontinence are the most common types of urine incontinence. According to the same source, the global population aged 65 and older is projected to increase from 7.0% in 2000 to 16.0% in 2050. The elderly are more likely to have bladder control issues, such as incontinence, leakage, chronic kidney disease (CKD), and retention.
The United Nations projects that by 2030, 22% of the U.S. population will be over the age of 65, with those over the age of 75 constituting the fastest-growing segment. The Asia-Pacific and European regions have a population that is at least 65 years old on a global scale. In 2019, 28 percent of Japan's total population (126 million) consisted of people aged 65 and above, while Italy ranked second with 23%. Urinary Incontinence (UI) is one of the most prevalent medical diseases in which urometers play a significant role in urine collection, particularly for patients with limited mobility and bedridden patients. Globally, UI is a very common condition.
Increasing Incidence of Urinary Issues across Genders and Various Disease Conditions
It can be caused by circumstances such as coughing, sneezing, pregnancy, childbirth, and obesity, among others. In addition, patients with spinal cord injury or disease, multiple sclerosis, Parkinson's disease, cerebrovascular accident, or enlarged prostate also experience long-term urinary retention, necessitating the use of a urometer system. According to the National Institute of Diabetes and Digestive and Kidney Diseases, the incidence of urine retention ranges from 4.5 to 6.8 per 1,000 males between the ages of 40 and 83 but climbs to 100 per 1,000 men in their 70s. The incidence of acute urinary retention in men older than 80 years was 300 per 1,000 men.
In addition, women are more susceptible to UI due to menopause, pregnancy, and hormonal fluctuations. The prevalence of urine incontinence in pregnant women ranges between 32 and 64 percent, according to a study published in NCBI. As a result, the increasing prevalence of urological dysfunctions and associated procedures has increased the demand for urine drainage bags with urometer systems for post-operative convenience. This feature is anticipated to have a favorable effect on market growth throughout the forecast period. In addition, urine retention is more prevalent in the elderly due to bladder neck obstruction, neurological issues, and posterior urethral stricture. According to the American Society of Nephrology, urologic illnesses are the third most prevalent complaint among the elderly, accounting for around 47.0% of physician visits.
The incidence of chronic kidney disease is likewise increasing as the global old population grows. According to the National Health and Nutrition Examination Survey (NHANES) and the National Renal Foundation, approximately 57.3% of all patients receiving treatment for kidney failure in the United States are men. According to the National Kidney Foundation, ten percent of the world's population suffers from chronic kidney disease, and millions of people die each year because they cannot afford treatment. Consequently, as the geriatric population grows, so does the demand for urine bags with urometers, driving market expansion.
E-Commerce Sites are Expanding the Market Penetration
In addition, the presence of numerous e-commerce sites that offer urometer care may boost product sales through this channel. Product penetration through online networks is rising rapidly because it enables end-users to compare and select products based on brand, type, price, and point of sale. Amazon, Clinisupplies, Vitality Medical, Shop Catheters, Nightingale (Great Bear Healthcare), and Express Medical Supply Inc. are notable e-commerce companies that provide discounts and rapid customer support on a variety of urine bags. In addition, e-commerce platforms provide a product guarantee with assistance, access to unique bargains, and a return policy if the patient's expectations are not met. Consequently, the easy accessibility of various devices on internet platforms is anticipated to fuel market expansion in the coming years.
500ml Dominates the Market by Product Category
In 2021, the 500ml product group held a market share of over 32%. Due to the increased incidence of urinary incontinence, urinary bladder cancer, and urological illnesses, this segment is predicted to expand at the greatest CAGR throughout the forecast period. In addition, the increased number of prostate surgeries, bladder, urology &gynecology surgeries, kidney stone treatment, and other lengthy surgical procedures is driving up demand for 500 ml urometers. However, the increased risk of Urinary Tract Infections (UTIs) and skin irritation associated with the use of drainage bags and urometers may hinder market expansion.
Operative Procedure Dominates the Application Market
The market is categorized by application into operational procedures, emergency trauma, palliative care, and others. In 2021, the operative procedures category dominated the market with a 36.5% revenue share. During the projected period, the increasing number of surgical procedures requiring post-operative care is anticipated to increase product demand. In addition, the increased incidence of urological diseases and the expanding elderly population contribute to market expansion. A surge in understanding regarding the treatment and diagnosis of urological problems in emerging nations would push demand for urometer further.
From 2023 to 2031, the palliative care segment is predicted to grow at a significant CAGR. The growing geriatric population in developed nations with severe, progressive, or incurable diseases is a key driver driving the palliative care market. According to WHO estimates, around 20 million individuals annually require end-of-life palliative care, of which 6% are children and approximately 69% are adults aged over 60. An increasing emphasis on hospice comfort and control systems is also creating new opportunities for important players. Similarly, an increase in investments to equip hospitals and palliative care centers with specialized staff contribute to the segment's growth.
The Hospitals Segment Dominates the End Users Market
The market is categorized by end-user into hospitals, clinics, home healthcare, and others. In 2021, the hospitals segment held the highest revenue share at over 45%. The increasing number of surgical procedures and cases of End-Stage Renal Diseases (ESRD) are two of the segment's key drivers. According to the U.S. Renal Data System 2018 Annual Data Report, there were approximately 746,557 cases of ESRD in 2017. The annual incidence of ESRD remained at about 20,000 individuals. Consequently, as ESRD prevalence increases, so does product demand. In addition, the increase in hospital admissions, particularly among elderly patients, as a result of the recent COVID-19 outbreak is predicted to drive the segment's growth throughout the projection period. On hospital admissions, urometers are typically required for older patients to prevent frequent movement.
Over the projected period, the home care segment is anticipated to experience the highest growth rate. The rise of home healthcare as a more cost-effective alternative to hospitalization is anticipated to drive market expansion over the forecast period. Important benefits of home care services include long-term care, cost-effectiveness, telemedicine use, and important help services. Patients receiving home care typically utilize disposable and reusable incontinence products, such as the urometer. In addition, the demand for home healthcare is increasing among the aged population, who are at a greater risk of contracting the COVID-19 infection and so avoid visiting healthcare institutions. In addition, the presence of numerous organizations providing home care services in North America and Europe promotes the market for home care services.
Asia Remains as the Global Leader
In 2021, Asia-Pacific dominated the global market with a revenue share of more than 30% and is anticipated to witness the highest CAGR during the forecast period. The increasing need for home healthcare is one of the primary factors underlying its domination. The advent of home healthcare as a more cost-effective alternative to hospitalization is anticipated to enhance the urometer market in the United States. Moreover, the global demand for home healthcare is increasing among the aged population, who are at a greater risk of contracting the COVID-19 infection and so avoid visiting healthcare institutions. This is projected to stimulate market expansion during the predicted period.
Countries with a huge population base and a growing patient pool, such as China and India, are important drivers of the market's expansion. Moreover, the elderly is more susceptible to ailments such as urological diseases. This will increase demand for the goods. According to the China Country Assessment Report on Ageing and Health published by the World Health Organization, the percentage of individuals aged 60 and older is projected to increase from 12.4% in 2010 to 28.0% in 2040. According to the same report, women aged 60 or older are 2.3 times more likely to have UI than younger women. Thus, the expanding elderly population in China is anticipated to stimulate product demand.
In the foreseeable future, North America is anticipated to experience a moderate growth rate. The market in North America is primarily driven by the increasing prevalence of urological illnesses, such as urine incontinence, urinary retention, bladder blockage, benign prostatic hyperplasia (BPH), and bladder cancer. For example, the American Academy of Family Physicians (AAFP) reports that more than 250,000 people with BPH have surgical procedures annually. In addition, the Canadian Cancer Society estimates that in 2020, around 12,200 people will be diagnosed with bladder cancer and 2,600 will die from the disease. Consequently, a growing number of BPH-related surgical procedures and an increase in the incidence of bladder cancer are pushing the regional market.
The Market Remains Fragmented and Competition to Intensify During the Forecast Period
The market is highly fragmented, with numerous small and large-scale firms present. Due to the presence of numerous local and key companies, competitive rivalry and the level of competitiveness in the market are likely to escalate over the course of the forecast period. In addition, leading players engage in partnerships, new launches, and mergers & acquisitions to bolster their product portfolios. Observe Medical ASA, for instance, formed a strategic partnership with Yallow Life Science AS in February 2021. (the Norwegian MedTech agency). Observe Medical, with headquarters in Oslo, Norway, is expanding the availability of the Sippi automated digital urine meter in a few European countries. BD, Teleflex, Inc., Cardinal Health, Medline Industries, Inc., ConvaTec Inc., Forlong Medical Co. Ltd., Hitec Medical Co. Ltd., Laborie, Fannin, and Observe Medical ASA are among the leading firms in the global urometer market.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Urometer market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
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| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
