Urinary Incontinence Market to Cross the USD 27 Bn Mark, States Market Research Future in Its Insightful Study Published at MarketPublishers.com28 Apr 2017 • by Natalie Aster
LONDON – Urinary incontinence (UI) is known as a condition when people urinate unconsciously. In other words, UI is an unconscious leakage of urine. There are different types of UI: stress, urge, overflow, and mixed incontinence.
Nowadays, the world’s market for UI is growing at a steady pace. It is expected to keep on growing further, registering a CAGR of 3-4% during 2016-2022. By 2022, the value of the market is poised to outstrip USD 27 billion. Based on segments, stress incontinence sector currently captures the largest share of the total UI market.
Region-wise, North America grabs the largest chunk of the global UI marketplace. Meanwhile, Europe and APAC are likely to be the fastest growing markets for UI in the near term. They are anticipated to posting a CAGR of 4-5% in the coming years.
NeoTract, Inc, Cook Medical Inc., Coloplast Corp, Boston Scientific Corporation are amid the most prominent market players.
In-demand report “Urinary Incontinence Market Research Report - Global Forecast To 2022” developed by Market Research Future (MRFR) draws up a detailed picture of the current situation in the global UI market. It provides a detailed segmentation of the UI market byf types, devices, and regions.
The study sheds light on the market dynamics, focusing on the key growth drivers, challenges, and hinders; evaluates the competitive landscape, besides including 7 granular profiles (market share, core competencies) of the most prominent players globally.
The research report provides a detailed insight into historic and future revenues of the market segments and sub-segments. Additionally, future forecasts for the world’s UI marketplace and an overview of the current and future opportunities for the market till 2022 are available in the publication, as well.
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