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India Disposable Catheters Market Report and Forecast 2023-2028

India Disposable Catheters Market Report and Forecast 2023-2028

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India Disposable Catheter Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the India disposable catheter market attained a value of INR 2737.7 crore in 2022. Aided by the expanding healthcare sector and increasing prevalence of urological diseases and disorders, the market is projected to further grow at a CAGR of 9.4% between 2023 and 2028 to reach a value of INR 4669.36 crore by 2028.

Disposable catheters are single-use medical devices used for various medical procedures, including drainage of urine from the bladder, blood sampling, and delivery of medications. They are made from materials like silicone, latex, and thermoplastic elastomers, which ensure flexibility and durability. Disposable catheters are used to minimise the risk of infection and ensure patient comfort.

The demand for disposable catheters in India is driven by the rising prevalence of urological diseases, such as urinary incontinence, urinary retention, and kidney stones. The increasing geriatric population in the country, which is more susceptible to such conditions, is another factor contributing to the market growth. Moreover, the expanding healthcare sector in India, characterised by improving healthcare infrastructure and increasing investments, is propelling the India disposable catheter market.

Rising awareness about healthcare and hygiene among the population has led to a shift from reusable to disposable catheters, further driving the market growth. Disposable catheters help in reducing the risk of infection and contamination associated with reusable catheters. They also offer convenience, as they do not require sterilisation before use, which saves time and resources in healthcare facilities. The growth of medical tourism in India is another key factor contributing to the expansion of the India disposable catheter market. The increasing number of medical tourists has led to a surge in demand for disposable catheters, as they ensure patient safety and comfort during various medical procedures.

Technological advancements in disposable catheter design and manufacturing are also propelling the India disposable catheter market growth. Manufacturers are focusing on developing disposable catheters that are easy to insert, comfortable to wear, and have minimal risk of complications. Some of the recent innovations include antimicrobial coatings on catheters, which help in reducing the chances of infection, and hydrophilic coatings, which provide better lubrication and ease of insertion. The increasing focus on home-based healthcare services in India is another trend influencing the India disposable catheter market. Disposable catheters offer a convenient and hygienic option for patients requiring catheterisation at home, contributing to the market expansion.

Market Segmentation

The market can be divided on the basis of product, end use, distribution channels, and region.

Market Breakup by Product: Cardiovascular Catheters Speciality Catheters Intravenous Catheters Urology Catheters Neurovascular Catheters OthersMarket Segmentation by End Use: Hospitals and Clinics Diagnostics and Pathology Labs Ambulatory Surgical Centres OthersMarket Division by Distribution Channels: Direct Purchase B2B Distributors RetailMarket Segregation by Region: North East West SouthCompetitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the India disposable catheter companies. Some of the major key players explored in the report by Expert Market Research are as follows: Ribbel International Limited Narang Medical Limited. Meditech Devices Pvt. Ltd. Mediplus India Limited Romsons Group of Industries OthersAbout Us

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*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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