Silicone Based Catheters Market Growth and Analysis by 2028

The silicone based catheters market is projected to reach US$ 240.905 million by 2028 from US$ 150.866 million in 2021; it is expected to grow at a CAGR of 6.9% from 2021 to 2028.

Silicone based catheters are hypoallergenic and tissue friendly and cause less irritation than latex. Thus, for long-term and comfortable use, silicone catheters are generally suggested by physicians and surgeons. The catheters are cuffed with sterile water for use up to 2 weeks, and the same is used with glycerin to avoid fluid diffusion for long-term usage.    

The silicone based catheters market is segmented on the basis of application, usage, tip, product type, type, end user, and geography. The market, by geography, is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The silicone based catheters market report offers insights and in-depth analysis of the market, emphasizing parameters such as market size, trends, technological advancements, and market dynamics, along with the analysis of the competitive landscape of the globally leading market players.

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Silicone Based Catheters Market: Strategic Insights

The growth of the silicone based catheters market is attributed to the growing prevalence of urinary incontinence and the increasing number of surgical procedures. However, alternative treatment methods for urinary incontinence restricts the market growth.

Market Insights
Increasing Number of Surgical Procedures

The incidence of chronic diseases, such as diabetes, cardiovascular diseases (CVDs), cancer, stroke, bladder cancer, prostate cancer, and kidney diseases, is increasing across the world. As per the World Health Organization (WHO), cardiovascular diseases are the leading cause of mortality and result in the deaths of ~17.9 million people every year globally. Moreover, according to the International Diabetes Federation's Diabetes Atlas 9th edition 2019, ~463 million adults aged 20–79 years had diabetes in 2019, and the number is projected to reach 700 million by 2045. Also, according to the data published by the Obesity and Metabolic Surgery Society of India in 2020, the number of bariatric surgeries increased by ~86.7% in India during 2014–2018. In addition, as per the study published by the American Society for Metabolic and Bariatric Surgery, in 2019, ~252,000 weight loss surgeries were performed in the US.

In recent years, there have been considerable developments in the field of medicine. The high prevalence of chronic conditions increases the number of surgical procedures, which propels the demand for urinary catheterization. Silicone based catheters are used to keep the bladder empty during and after the surgical procedure. In urological surgery or other surgery on contiguous structures of the genitourinary tract, the prolonged duration of the surgery, usage of large-volume infusions or diuretics during surgery, and need for monitoring of intraoperative urinary output are the major factors increasing the demand for silicone based catheters.

According to a report published by the Lancet Commission on Global Surgery (2015), ~28–32% of the disease burden can be attributed to surgically treatable conditions globally, and 143 million additional surgical procedures are required to reduce mortality every year. The increasing awareness of the patient population is also driving the demand for surgical procedures to treat sudden unmet medical conditions, which is expected to propel the growth of the silicone based catheters market in the coming years.

Application-Based Insights

The global silicone based catheters market, based on application, is segmented into urinary tract infection (UTI)/catheter acquired urinary tract infection (CAUTI), surgery on contiguous structures of the genitourinary tract, prostate gland surgery, spinal cord injury, and others. The urinary tract infection (UTI)/catheter acquired urinary tract infection (CAUTI) segment held the largest market share in 2021. However, the prostate gland surgery segment is anticipated to register the highest CAGR during the forecast period.

Usage-Based Insights

The global silicone based catheters market, based on usage, is segmented into male, female, and pediatric. The female segment held the largest market share in 2021. Moreover, the same segment is anticipated to register the highest CAGR during 2021–2028.

Tip-Based Insights

The global silicone based catheters market, based on tip, is bifurcated into Nelaton tip and Tiemann tip. The Nelaton tip segment held a larger market share in 2021. Moreover, the same segment is anticipated to register a higher CAGR during the forecast period.

Product Type-Based Insights

The global silicone based catheters market, based on product type, is segmented into short-term Foley catheters, long-term Foley catheters, and others. The short-term Foley catheters segment held the largest share of the market in 2021. Moreover, the same segment is anticipated to register the highest CAGR in the market during the forecast period.

The regional trends and factors influencing the Silicone Based Catheters Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Silicone Based Catheters Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Silicone Based Catheters Market Report Scope

Silicone Based Catheters Market Players Density: Understanding Its Impact on Business Dynamics

The Silicone Based Catheters Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Type-Based Insights

The global silicone based catheters market, by type, is bifurcated into 2 way sizes: 6 to 26 Fr and 3 way sizes: 16 to 26 Fr. The 2 way sizes: 6 to 26 Fr segment held a larger market share in 2021. Moreover, the same segment is anticipated to register a higher CAGR during the forecast period.

End User-Based Insights

The global silicone based catheters market, based on end user, is segmented into hospitals, nursing homes and clinics, ambulatory surgical centers, and others. The hospital segment held the largest market share in 2021.

Product launches and approvals are commonly adopted strategies by companies to expand their global footprints and product portfolios. Moreover, the silicone based catheters market players focus on the partnership strategy to enlarge their clientele, which, in turn, permits them to maintain their brand name across the world. The market share is anticipated to flourish with the development of new innovative products by market players. Ribbel International Limited, Angiplast, Sterimed Group, MAIS India, C.R. Bard, Bactiguard AB, Teleflex Incorporated, B.Braun Melsungen AG., MEDASIL, and Convatec Inc. are among the leading companies operating in the global silicone based catheters market.