LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global intermittent catheters market 2017-2021 report. This market research report also lists nine other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
According to the research analysis, the global intermittent catheters market is highly competitive with the presence of large, small, and local vendors. The market is witnessing a significant growth, with vendors providing advanced products and services to end-users worldwide. The market is dominated by the five major players who occupy a majority share of 93%. These large players with diversified product portfolios and business operations are expanding their foot print globally. The global players are investing in their R&D, enhancing the product portfolio and at the same time innovating new novel designs with advanced technologies and more compatible materials.
“The global intermittent catheters market is witnessing growth trends in terms of the development of discreet, disposable, pocket size intermittent catheters to cater to the needs of customers. Furthermore, innovative marketing strategies, competitive pricing and the rise of online sales are other factors which are contributing to the growth of the market. Many education programs have been conducted by the vendors to create awareness for self-catheterization, thereby increasing their sales,” says Barath Palada, a lead analyst at Technavio for urology devices research.
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Technavio market research analysts identify the following key vendors:
Coloplast manufactures products for the treatment of ostomy, incontinence, mastectomy, wounds, and skin diseases. It serves hospitals, medical institutions, wholesalers, and pharmacies. The company stated that the growth of catheters portfolio is attributed to increased usage of intermittent catheters as most potential substitute to permanent catheters and driven by the change in consumption patterns of the patient and healthcare professionals. The company offers the urology catheters under the Continence Care and urology care business segment.
The company is a leading manufacturer and marketer of medical technologies in the fields of urology, oncology, vascular and surgical specialties. It designs and develops medical, diagnostic, and patient care devices. The company offers intermittent catheters under the home care segment, namely Latex intermittent catheters, TOUCHLESS intermittent catheter system, and PVC intermittent catheters.
Hollister develops, manufactures, and markets healthcare services and products worldwide. The company’s advanced medical products for ostomy care include Dansac ostomy and Hollister ostomy. It offers quality medical products for ostomy, continence, and wound and critical care. The company offers products for the people with neurogenic bladder and bowel dysfunction. Its offerings include the VaPro Touch Free Hydrophilic Intermittent Catheter and Advance Plus Touch Free Intermittent Catheter System
Teleflex manufactures, designs, develops, and supplies single-use medical devices for the common diagnostic and therapeutic procedures in surgical applications and critical care worldwide. It has products for bladder management for individuals in home care and patients in hospitals. The product portfolio consists of a wide range of intermittent catheters, catheterization accessories, urine collectors, and products for endourology marketed under the brand name, Rüsch.
B. Braun Melsungen
B. Braun Melsungen is a medical device and pharmaceutical company that supplies various kinds of products for intensive medicine, anesthesia, cardiology, blood treatment, surgeries, and home care. It offers intermittent catheters under the continence care and urology segment. Actreen Mini and Actreen Hi-Lite are designed especially for self-intermittent catheterization.
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