The 7 major urinary retention markets reached a value of US$ 2.5 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 4.8 Billion by 2034, exhibiting a growth rate (CAGR) of 6.23% during 2024-2034.
Report Attribute
|
Key Statistics
|
---|---|
Base Year | 2023 |
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
|
Market Size in 2023
|
US$ 2.5 Billion |
Market Forecast in 2034
|
US$ 4.8 Billion |
Market Growth Rate 2024-2034
|
6.23% |
The urinary retention market has been comprehensively analyzed in IMARC’s new report titled “Urinary Retention Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034”. Urinary retention refers to a type of condition wherein the patient is unable to release all the urine from the bladder. Although this is not considered as a disease, it signifies other related health disorders, such as prostate problems in men and cystoceles in women. Various urinary retention symptoms include the inability to urinate, severe pain in the lower abdomen, the urge to urinate, swelling caused in the lower abdomen, etc. The diagnosis of urinary retention consists of a physical examination, including checking the lower abdominal region, a rectal examination, and a neurological evaluation. In the case of females, a pelvic exam is also carried out. Furthermore, postvoid residual urine measurement is done, thereby indicating the amount of urine that is left in the bladder after urination.
The rising incidences of bladder dysfunction on account of the escalating urological disorders are primarily driving the global urinary retention market. In addition to this, the expanding geriatric population, who are more susceptible to such ailments, is further creating a positive outlook for the market. Moreover, the increasing number of surgical procedures that involve the use of anesthesia, which deprives patients of the need to urinate despite having a full bladder, is also bolstering the market growth. Besides this, the inflating number of educational initiatives to teach self-catheterization in home care settings is further acting as a significant growth-inducing factor. Additionally, continuous technological advancements, including the introduction of advanced intermittent catheters with specialized material coatings that provide resistance against microorganisms, are also propelling the global market. Apart from this, the emerging popularity of physical therapy, such as pelvic floor exercises or Kegel exercises, which aid in improving bladder function and help to prevent urinary retention, is positively influencing the market growth. Numerous other factors, including the ongoing upgradation of healthcare infrastructures and the implementation of favorable health management programs, are expected to drive the global urinary retention market in the coming years.
IMARC Group’s new report provides an exhaustive analysis of the Urinary Retention market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report, the United States has the largest patient pool for Urinary Retention and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the Urinary Retention market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current Urinary Retention marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Sugammadex | Merck Sharp & Dohme LLC |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Urinary Retention: Current Treatment Scenario, Marketed Drugs and Emerging Therapies