Urinary Catheters Market Size Set for Revenue Worth US$55 Billion by 2031, Says Fairfield Market Research [Yahoo! Finance]
Boston Scientific Corporation (BSX)
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Source: Yahoo! Finance
Increasing Geriatric Population, and Rising Incidence of Urological Disorders will Primarily Drive Market Expansion. London, April 18, 2024 (GLOBE NEWSWIRE) -- Global urinary catheters market is projected to witness significant growth in the coming years due to the rising geriatric population and increasing prevalence of urological disorders worldwide. According to a report from Fairfield Market Research, the market is expected to register a modest CAGR of 3.61% over the forecast period from 2024 to 2031 . The report reveals that the growing adoption of minimally invasive surgeries and advancements in catheter technologies are key factors propelling market expansion. The global urinary catheters market is expected to reach US$55 Bn by 2031 and the growth is fueled by an increasing incidence of chronic diseases such as urinary incontinence, benign prostatic hyperplasia (BPH), and bladder cancer. Additionally, rising healthcare expenditures and technological innovations in cathete
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