Urometer Market Size, Share & Trends Analysis Report By Product (450 ml, 500 ml), By Application (Operative Procedures, Emergency Trauma), By End-user (Hospitals, Clinics), By Region, And Segment Forecasts, 2021 - 2028

Report Overview

The global urometer market size was valued at USD 427.7 million in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 6.8% from 2021 to 2028. The increasing prevalence of urological disorders, such as urinary retention, cystitis, benign prostatic hyperplasia, urinary incontinence, and kidney stones, which lead to bladder dysfunction, is one of the major factors anticipated to drive the market growth. In addition, the rising geriatric population, increasing initiatives by various nonprofit organizations, and demand for home healthcare facilities are further driving the market growth. Urinary Incontinence (UI) is one of the major medical conditions, in which, urometers play a major part in collecting urine, especially in patients with restricted mobility and bedbound patients. UI is an extremely common condition across the world.

It can be due to factors, such as coughing, sneezing, and pregnancy, childbirth, and other conditions, such as obesity. Moreover, patients affected with spinal cord injury or disease, multiple sclerosis, Parkinson’s disease, cerebrovascular accident, or enlarged prostate also suffer from long-term urinary retention and thus, require urometer system. For instance, the National Institute of Diabetes and Digestive and Kidney Diseases states that in men between the age group of 40 and 83 years, urinary retention incidence is 4.5 to 6.8 per 1,000 men; while, in men in the 70s,  it increases to 100 per 1,000 men. In men aged above 80 years, the incidence of acute urinary retention was 300 per 1,000 men.

Furthermore, women are more prone to UI due to menopause, pregnancy, and hormonal changes. According to a study published in NCBI, the prevalence of urinary incontinence in pregnant women ranges from 32% to 64%. Therefore, the rising incidence of urological dysfunctions and related surgeries has surged the demand for urinary drainage bags with urometer systems for post-operative convenience. This factor is likely to positively impact the market growth over the forecast period.

The increasing geriatric population base is another major factor accelerating the market growth. According to the WHO, urinary incontinence is a highly prevalent condition in older people, aged 60 years and over. The common types of urinary incontinence in older people are stress and urge incontinence. As per the same source, the global population of the age group 65 years and above is expected to rise from 7.0% in 2000 to 16.0% in 2050. The aging population is more prone to acquire bladder control difficulties, such as urine incontinence, leakage, Chronic Kidney Disease (CKD), or retention.

Moreover, urinary retention is also more common in aged individuals owing to bladder neck blockage, neurological problems, and posterior urethral stricture. For instance, as per the American Society of Nephrology, urologic diseases are the 3^rd most common complaints by the geriatric population, and these account for approximately 47.0% of the physician visits.

The incidence of CKD is also increasing with the growing elderly population worldwide. For instance, as per the National Health and Nutrition Examination Survey (NHANES) and National Kidney Foundation, about 57.3% of the total patients in the U.S. receiving treatment for kidney failure are men. According to the National Kidney Foundation, globally, 10% of the population is suffering from CKDs, and millions of people die each year as they do not have access to affordable treatment. Thus, due to the growing geriatric population, the need for urinary bags with urometer is also increasing, thus boosting the market growth.

Asia Pacific dominated the global market in 2020. One of the key factors responsible for its dominance is the rising demand for home healthcare. The emergence of home healthcare as a more cost-effective substitute to hospitalization is likely to boost the growth of the urometer market in the U.S. as well. Moreover, the global demand for home healthcare among the aging population is increasing as they are at a higher risk of acquiring the COVID-19 infection and thus, avoid visiting healthcare facilities. This, in turn, is likely to boost market growth during the forecast period.

In addition, the presence of various e-commerce sites offering urometer care might drive product sales through this sales channel. Product penetration through online networks is rapidly increasing, as it allows the end-users to compare and select suitable products on the basis of brand, type, price, and point of sales. Amazon, Clinisupplies, Vitality Medical, Shop Catheters, Nightingale (Great Bear Healthcare), and Express Medical Supply Inc. are some of the notable e-commerce websites, which offer discounts and prompt customer service on various urinary bags. In addition, e-commerce platforms also offer product warranty with support and access to exclusive deals, and a return policy, if the product does not meet the patient's expectations. Thus, the easy availability of different devices on online platforms is expected to drive market growth in the coming years.

Product Insights

On the basis of product, the market is segmented into 100 ml, 200 ml, 400 ml, 450 ml, and 500 ml. The 500ml product segment held the largest market share of over 30% in 2020. It is expected to grow at the highest CAGR during the forecast period due to the rising incidence of urine incontinence, urine bladder cancer, and associated urological disorders. Moreover, a rising volume of prostate surgeries, bladder, urology & gynecology surgeries, removal of kidney stones, and other long surgical procedures are leading to the increasing demand for 500 ml urometers. However, increased risk of Urinary Tract Infections (UTIs) and skin irritation associated with the usage of drainage bags and urometers may restrain the market growth.

Application Insights

On the basis of application, the market is segmented into operative procedures, emergency trauma, palliative care, and others. The operative procedures segment dominated the market with a revenue share of 37.3% in 2020. The increasing number of surgical procedures necessitating post-operative care is expected to boost the product demand during the forecast period. Moreover, the rising occurrence of urological illnesses and the growing geriatric population support market growth. A rise in awareness regarding the treatment and diagnosis of urological disorders in developing nations will further drive demand for urometer.

The palliative care segment is anticipated to witness a considerable CAGR from 2021 to 2028. The increasing geriatric population in developed countries with severe, progressive, or incurable illnesses is a crucial factor driving the palliative care segment. As per the WHO estimates, yearly, about 20 million people necessitate the end of life palliative care, out of which 6% are children, and around 69% are adults aged more than 60 years. In addition, a growing focus on hospice comfort and control systems is opening up new opportunities for key players. Similarly, a surge in investments in equipping hospitals and palliative care centers with dedicated teams contributes to the growth of the segment.

End-user Insights

On the basis of end-user, the market is segmented into hospitals, clinics, home healthcare, and others. The hospitals' segment held the largest revenue share of over 43% in 2020. The growing volume of surgical procedures and cases of End-stage Renal Diseases (ESRD) are amongst the major drivers of the segment. For instance, according to the U.S. Renal Data System 2018 Annual Data Report, in 2017, there were around 746,557 cases of ESRD. The number of ESRD cases continued with 20,000 patients per year. Thereby, with rising prevalence in ESRD, the product demand is growing. Moreover, the increase in hospital admissions, especially the old patients due to the recent outbreak of COVID-19, is also anticipated to propel the segment growth over the forecast period. Older patients generally require urometer on hospital admissions to avoid frequent movement.

The home care segment is anticipated to witness the fastest growth over the forecast period. The emergence of home healthcare as a more cost-effective substitute to hospitalization is likely to boost the market growth over the forecast years. Long-term care, cost-effectiveness, usage of telemedicine, and prominent assistance services are major advantages of home care services. Patients undergoing home care generally use certain incontinence disposables and reusable products including urometer. Moreover, the demand for home healthcare among the aging population is also increasing as they are at a higher risk of acquiring the COVID-19 infection and thus, avoid visiting healthcare facilities. Furthermore, the presence of several organizations offering home care services in North America and Europe is promoting the home care services market.

Regional Insights

Asia Pacific dominated the global market in 2020 with a revenue share of more than 29.5% and is expected to witness the fastest CAGR over the forecast period. The presence of a large population base and rising patient pool in countries, such as China and India, are major factors driving the market growth. Moreover, the geriatric population is at a higher risk of diseases, such as urological diseases. This will boost the product demand. For instance, as per the WHO report China Country Assessment Report on Ageing and Health, the percentage of people aged 60 years and above is expected to increase from 12.4% in 2010 to 28% in 2040. As per the same source, women aged 60 years or above are 2.3 times more likely to suffer from UI as compared to young women. Thus, the increasing geriatric population is expected to drive the product demand in China.

North America is expected to witness a moderate growth rate over the forecast period. The market in North America is mainly driven by the rising incidence of urological diseases, such as UI, urinary retention, bladder obstruction Benign Prostate Hyperplasia (BPH), and bladder cancer. For instance, according to the American Academy of Family Physicians (AAFP), more than 250,000 patients with BPH undergo surgical procedures every year. In addition, as per the Canadian Cancer Society, in 2020, around 12,200 people were diagnosed with bladder cancer, and 2,600 people died due to bladder cancer. Thus, an increasing number of BPH-related surgical procedures and rising cases of bladder cancer are driving the regional market.

Key Companies & Market Share Insights

The market is highly fragmented with the presence of several small- and large-scale manufacturers. Competitive rivalry and the degree of competition in the market are expected to intensify over the forecast period due to the presence of many local and key players. Furthermore, leading players are involved in collaborations, product launches, mergers & acquisitions to strengthen their product portfolios. For instance, in February 2021, Observe Medical ASA strategically partnered with Yallow Life Science AS (the Norwegian MedTech agency). Observe Medical, based in Oslo, Norway, is further releasing the Sippi automated digital urine meter in a few European regions. These strategies will help the firm strengthen its presence in Norway and enhance its alliance with Norway Health Tech. Some prominent players in the global urometer market include:

• BD

• Teleflex, Inc.

• Cardinal Health

• Medline Industries, Inc.

• ConvaTec Inc.

• Forlong Medical Co., Ltd.

• Hitec Medical Co., Ltd.

• Laborie

• Fannin

• Observe Medical ASA

Urometer Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latestindustry trends in each of the sub-segments from 2016 to 2028. For the purpose of this study, Grand View Research has segmented the global urometer market report on the basis of product, application, end user, and region:

• Product Outlook (Revenue, USD Million, 2016 - 2028)

  • 100 ml

  • 200 ml

  • 400 ml

  • 450 ml

  • 500 ml

• Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Operative Procedures

  • Emergency Trauma

  • Palliative Care

  • Others

• End-user Outlook (Revenue, USD Million, 2016 - 2028)

  • Hospital

  • Clinics

  • Home Healthcare

  • Others

• Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

  • Latin America

    • Brazil

    • Mexico

    • Argentina

    • Colombia

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

    • UAE