Global Urinary Catheter Market to Grow on Account of the Surge in Aged Population Worldwide; Market to Grow with a CAGR of 5.83% During 2022-2031
Kenneth Research has released a report titled “ Urinary Catheter Market : Global Demand Analysis & Opportunity Outlook 2031” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market. The count of people over the age of 65 is expected to be 1 in 6 people by the end of 2050, up from 1 in 11 in the year 2019, according to the statistical report titled “World Population Prospects 2019” by the United Nations. The statistics portray the growing geriatric population worldwide and therefore the need for products that can help them lead a normal quality life. Urinary catheter is a device that helps people suffering from urinary incontinence. Since most of the aged population who are suffering from chronic diseases are bed ridden, and require medical s