Indwelling Catheters Market Expected to Reach $4 Billion by 2035

According to a new report published by Allied Market Research, titled, “Indwelling Catheters Market," The indwelling catheters market was valued at $1.5 billion in 2023, and is estimated to reach $4 billion by 2035, growing at a CAGR of 8.8% from 2024 to 2035.

The indwelling catheters market is driven by rise in geriatric population, surge in prevalence of urological diseases, and growing initiatives for urinary catheters. In addition, adults are more likely to undergo surgical procedures, such as prostatectomy or gynecological surgery, which may require the use of urinary catheters during the postoperative period for bladder drainage and management of urinary retention. The number of surgical procedures performed among older adults is expected to increase with a rise in geriatric population, thus driving the demand for indwelling urinary catheters.

For instance, according to Population Reference Bureau (PRB), the number of Americans aged 65 and older is projected to increase from 58 million in 2022 to 82 million by 2050, which is a 47% increase, and the 65-and-older age group’s share of the total population is projected to rise from 17% to 23%. Thus, rise in geriatric population has led to increase in demand for urinary catheters, which contributes to the urinary catheters market forecast.  

Moreover, rise in awareness about urological health and improved diagnostic capabilities are further contributing to the urinary catheters market growth. As awareness about the importance of managing urological health increases, more individuals seek medical advice and treatment for urinary conditions. Enhanced diagnostic tools enable earlier and more accurate detection of conditions that require catheterization, driving demand for urinary catheters.  

However, indwelling catheters can increase the risk of urinary tract infections (UTIs) and other complications, which led to deter patients and healthcare providers from using them thereby negatively impacted the market growth. On the other hand, initiatives aimed at improving healthcare infrastructure and access to medical services in emerging markets offer opportunities for market expansion, and are also the indwelling catheters market trends.

The indwelling catheters market analysis is segmented on the basis of product, coating type, material, application, and region. On the basis of product, the market is classified into 2-way catheters, 3-way catheters, and 4-way catheters. The 2-way catheters segment dominated the market share in 2023 and is also expected to register the highest CAGR during the forecast period, owing to widespread use and versatility of 2-way catheters in various clinical settings. 2-way catheters allow for both drainage of urine and continuous irrigation of the bladder, making them suitable for a wide range of conditions such as urinary retention, post-operative care, and bladder irrigation for therapeutic purpose, which drive the segment growth. 

Depending on coating type, the market is classified into hydrogel coating, silver alloy coating, silicone elastomer, and others. The hydrogel coating segment dominated the indwelling catheters market share in 2023 and is also expected to register the highest CAGR during the forecast period. This is attributed to the superior biocompatibility and antimicrobial properties of hydrogel coatings, which enhance the performance and safety of indwelling catheters. In addition, rise in awareness among healthcare providers about the benefits of hydrogel-coated catheters, coupled with the growing emphasis on infection prevention and patient safety, drives the adoption of this segment.  

Depending on material, the market is classified into latex and silicone. The silicone segment dominated the indwelling catheters market share in 2023 and is expected to register the highest CAGR during the forecast period, owing to the excellent biocompatibility, durability, and flexibility of silicone materials, which make them highly suitable for indwelling catheters. In addition, silicone catheters are widely preferred by healthcare providers due to their low incidence of adverse reactions and tissue irritation, making them suitable for long-term catheterization, thereby driving the segment growth.  

On the basis of application, the market is categorized into post-surgical care, critical care, urinary incontinence, and benign prostate hyperplasia. The post-surgical care segment dominated the indwelling catheters market size in 2023, owing to rise in the number of surgical procedures globally, which often require catheterization for effective post-operative management of urinary function. In addition, growing prevalence of chronic diseases requiring surgical intervention, such as cancer, cardiovascular diseases, and orthopedic conditions increases the demand for urinary catheters, which further drives the segment growth. However, benign prostate hyperplasia is expected to register the highest CAGR during the forecast period, owing to rise in prevalence of BPH thereby driving the demand for indwelling catheters. 

Region-wise, North America was the largest shareholder in the global indwelling catheters market in 2023 owing to advanced healthcare infrastructure, and high healthcare spending, allowing for widespread access to indwelling catheters. In addition, favorable reimbursement policies and robust R&D activities contribute to the adoption of advanced catheter technologies in North America. 

However, Asia-Pacific indwelling catheters market size is anticipated to register the highest CAGR during the forecast period, owing to rise in geriatric population along with surge in prevalence of chronic diseases. In addition, rise in awareness about advanced medical treatments and the growing adoption of home healthcare solutions further drive the market growth in the region. Economic growth and growing healthcare spending also play a crucial role in boosting the demand for indwelling catheters in Asia-Pacific.  

Key Findings of the Study   

• By product, the 2-way catheters segment was largest contributor to the indwelling catheters industry in 2023.  
• By coating type, the hydrogel coating segment was largest contributor to the market in 2023.    
• By material, the silicone segment dominated the market in 2023 and is expected to grow at a highest CAGR during the indwelling catheters market forecast period.   
• By application, the post-surgical care segment was largest contributor to the indwelling catheters industry in 2023.    
• Region-wise, North America generated the largest revenue in 2023. However, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.