Suprapubic Catheter Market Insights
Suprapubic catheters are used in a wide range of surgical applications including urinary tract infections (UTIs), bladder stones, bladder cancer, and bypass track by urine. Furthermore, suprapubic catheterization is commonly used for postoperative bladder drainage after gynecologic procedures. Suprapubic catheters are also used for bladder drainage to manage short-term voiding dysfunction after pelvic surgery.
The global suprapubic catheter market was valued at US$ 11,265.4 million in 2017 and is expected to witness a CAGR of 7.3% during the forecast period (2018 – 2026).
Figure 1. Global Suprapubic Catheter Market Value Analysis (US$ Mn) and Forecast and Y-O-Y Growth (%)
Source: Coherent Market Insights Analysis (2019)
Increasing product launches is expected to drive growth of the suprapubic catheter market
New product launches to normalize the urine flow in medical conditions and surgeries such as kidney stones and gynecologic procedures are expected to drive the suprapubic catheter market growth. For instance, in September 2016, CompactCath launched its intermittent urinary catheter to address the issues that patients have while self-catheterizing on daily routines. Furthermore, in 2014, CompactCath received the U.S. Food and Drug Administration clearance for the intermittent urinary catheter.
Moreover, in March 2018, Mayo Clinic completed clinical study for silver-impregnated suprapubic catheters (SPC) in urogynecology. The study was conducted to show a statistical significant decrease in urinary tract infection (UTI) rate among the individuals with a silver-alloy suprapubic catheter compared to the standard silver-alloy catheter.
However, complications associated with suprapubic catheters such as small bowel obstruction and bowel perforation during placement and exchange of catheter may hamper suprapubic catheters market size. Moreover, similar to Foley catheters, suprapubic catheters have mechanical complications such as infections, bladder spasms, obstruction, catheter encrustations, and retained catheters.
Suprapubic Catheter Market- Regional Analysis
Regional segmentation of the global suprapubic catheter market comprises North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
North America suprapubic catheter market is expected to account for the largest market share over the forecast period, owing to presence of key players such as Becton, Dickinson and Company, Bard Medical, Cook Medical, and Teleflex Incorporated. For instance, in February 2017, Cook Medical introduced Universa Malecot Drainage Catheter Suprapubic Set, a new set for percutaneous urinary drainage including introductory sets for initial catheter placement and suprapubic sets for suprapubic drainage.
Asia Pacific region is also expected to show significant growth rate in the suprapubic catheter market, owing to increasing prevalence of kidney stones in this region. For instance, in February 2018, the National Center for Biotechnology Information stated that around 12% of population in India are expected to have urinary stones.
Figure 2: Global Suprapubic Catheter Market Value (US$ Mn), By Region (2018)
Source: Coherent Market Insights Analysis (2018)
Suprapubic Catheter Market - Competitive Landscape
Key players operating in the suprapubic catheter market include Amecath, Becton, Dickinson and Company, B. Braun Melsungen AG, Cook Medical, Teleflex Incorporated, Fortune Medical Instrument Corp, Degania Silicone Ltd., Bard Medical, Urovision GmbH, UroTech Inc., and UroMed.