The global Continence Care market size was estimated at USD 14.28 billion in 2021 and is expected to surpass around USD 26.1 billion by 2030 and poised to grow at a compound annual growth rate (CAGR) of 5.9% during the forecast period 2022 to 2030.
Continence Care Market: Overview
Continence Care Market: Key Drivers
Report Scope of the Continence Care Market
Report Coverage |
Details |
Market Size |
US$ 14.28 Billion by 2030 |
Growth Rate |
CAGR of 5.9% from 2022 to 2030 |
Largest Market |
North America |
Fastest Growing Market |
Asia Pacific |
Base Year |
2021 |
Forecast Period |
2022 to 2030 |
Segments Covered |
Product , Indication, End-user, and Region, |
Companies Mentioned |
ABENA A/S, Atlantic Therapeutics, Attends Healthcare Products, Inc., B. Braun Melsungen AG Beambridge Medical Ltd., Becton, Dickinson and Company, Boston Scientific Corporation, Coloplast A/S, ConvaTec Group plc, Drylock Technologies, Hollister Incorporated, InControl Medical LLC, Kimberly-Clark Corporation, Optimum Medical Limited, Pacey MedTech Ltd., Renew Medical, Inc., Uresta, Urocare Products, Inc., Vesiflo, Inc. |
Minimally Invasive OTC Continence Care Devices Improving Patient Outcomes
The rise in demand for minimally invasive surgery and devices to minimize complications is growing prominent in the continence care market. These devices help to prevent bladder injury and increase rates of improved product outcomes, which help to reduce hospitalization and treatment costs. For instance, the non-implantable electrical stimulation devices for pelvic floor are comparatively cheaper than implantable devices.
Companies in the continence care market are boosting R&D capabilities to increase the availability of over-the-counter (OTC) products that are FDA approved and ideal for home care. Patented home continence care devices are boosting the credibility of med-tech companies. There is a demand for devices that help to treat stress, urge, mixed urinary incontinence, and bowel incontinence.
Stakeholders Overcoming Product Distribution Bottlenecks During Coronavirus Pandemic
Services for continence care in healthcare facilities have been altered due to the coronavirus pandemic. Telephone consultations are gaining prominence in the continence care market. However, in some cases services have either stopped and have reduced in number due to the pandemic. Nevertheless, healthcare companies are increasing efforts to maintain robust supply of products to prevent interruptions in providing continence care in healthcare facilities and in home setting.
Companies in the continence care market are working at breakneck speeds to maintain continued production activities and meet demands of children, elderly, and people with learning disabilities. Suppliers and manufacturers are taking efforts to overcome bottlenecks in transport & distribution to ensure continuous supply of products & continence care devices.
Availability of Alternative Treatment and Management Methods Affects Device Sales
The availability of alternative treatment and management methods such as incontinence pads and therapeutic drugs such as muscarinic receptor antagonists are affecting sales of continence care devices. Thus, apart from devices including urinary catheters and urine drainage bags, manufacturers should diversify their production in alternative treatment and management products such as absorbable underwear and anticholinergic/antispasmodic agents to expand their revenue streams.
Companies in the continence care market should extend their production in OTC products such as tampons that are useful for temporary management of urinary incontinence among all age groups.
Supportive Reimbursement Policies in U.S. Generating Revenue Streams for Healthcare Companies
North America, followed by Europe and Asia Pacific, is expected to dictate the highest revenue share in the continence care market during the forecast period. This is evident, owing to favorable medical reimbursement policies for continence care products in developed countries such as the U.S., the U.K. and Australia, among others. Healthcare companies are investing in improving the infrastructure of developing economies in Asia Pacific owing to gradually increasing disposable income of people.
Recently electrical stimulation devices have been considered as the necessary treatment devices by the Centers for Medicare and Medicare Services (CMS) in the U.S. Such trends are increasing the consumption of these devices and generating new avenues for market players. Reimbursement for the application of electrical stimulation (manual) for pelvic floor for 15 minutes procedure is covered under the CPT code of 97032 by the U.S. reimbursement programs.
Non-implantable and Wearable Electrical Stimulation Devices Offer Advantages over Implantable Devices
Only a small number of companies are currently operating in the non-implantable and wearable electrical stimulation devices market landscape. Thus, startups and emerging market players should capitalize on this opportunity to boost research in developing non-implantable and wearable electrical stimulation devices.
Non-implantable and wearable electrical stimulation devices offer several advantages over implantable ones. Hence, manufacturers in the continence care market are increasing output capacities in these devices. Cost efficiency of non-implantable and wearable electrical stimulation devices is benefitting both patients and med-tech companies.
Market Segmentation: Continence Care Market
Regional Overview: Continence Care Market
Some of the prominent players in the Continence Care Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Nova one advisor, Inc. has segmented the global Continence Care market
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Points Covered in Continence Care Market Study: