Incontinence Products market expected to reach $15.50 billion, globally, by 2024 – Planet Market Reports

Global Incontinence Products Market Outlook

The market of incontinence products and devices has witnessed positive growth in recent years due to rising geriatric population and rising incidences of chronic diseases worldwide.

Market Overview

Incontinence refers to the loss of control or moderation of one’s defecation process. It involves loss of bladder control and/or bowel movement control.

Both faecal and urinary incontinences vary in severity and duration. Severity may range from occasional leaks due to physical stress, to a total loss of control causing constant leakage.

In terms of duration, incontinence can be transient or permanent. Transient in-continence may be caused due to temporary problems like urinary tract infection or vaginal infection, constipation, diarrhea or hemorrhoids.

Permanent in-continence may be a result of age, chronic diseases or dementia. Very high amounts of body fat, smoking, high impact sports, prostatic hyperplasia, trauma, surgery or radiation to the pelvis are some of the other causes of incontinence.

Urinary incontinence can be bifurcated into various types, including stress, urge, overflow and functional in-continence. In-continence is more common among women than in men, due to shorter urethra and complications related to childbirth, menopause.

Incontinence poses as a very embarrassing and problematic condition, restraining the patient’s social life and causing confidence issues. Treatments for incontinence include behavioral therapy, exercises, medication or drugs, medical devices and products, and surgery.

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Market Segmentation

By Incontinence Type

• Faecal Incontinence
  • Urinary Incontinence

By Incontinence Product Type

• Internal Products
  • External Products

By Distribution Channel Type

• Online Channel
  • Offline Channel

By End User Type

• Hospitals
  • Clinics
  • Home Care Settings

By Region

• North America US, Canada {Market Share % , Market Size USD Million }
  • Europe UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe {Market Share % , Market Size USD Million ,}
  • Middle East and Africa GCC Countries, North Africa, South Africa and Rest of Middle East & Africa {Market Share % , Market Size USD Million }
  • Latin America Brazil, Mexico and Rest of Latin America {Market Share % , Market Size USD Million }
  • Asia Pacific China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific {Market Share % , Market Size USD Million }
  • Rest of the World{Market Share % , Market Size USD Million , Opportunity Assessment}

Market Size and Forecast 2016-2024

The global incontinence products market was valued at USD 10.15 Billion in 2016. On the back of rising awareness of these products, the market is expected to register a CAGR of 5.4% during the forecast period and reach a market size of USD 15.50 by 2024.

On the basis of segments, urinary incontinence is far more prevalent than faecal incontinence, thereby constituting a larger share of demand. By product, internal disposable products like adult diapers, pads, liners, and catheters constitute the majority of market demand.

Offline retail constitutes for the majority of sales of incontinence products.

Geographically, North America and Europe are the highest revenue generating regions for incontinence products market. This can be attributed to wide awareness and acceptance of these products in these regions, complimented by the ability to purchase them due to high disposable income of the population.

However, Asia Pacific region is expected to witness lucrative growth in demand for incontinence products during the forecast period, owing to large consumer base and concentration of the projected increase in geriatric population in the region. Rising awareness towards health and hygiene, as well as healthcare expenditure in the region will further propel the demand for incontinence products.

Key Drivers and Challenges

The projected rise in the global geriatric population, rising awareness about incontinence and rising acceptance of these products are some of the key factors driving the demand for incontinence products globally. As per the United Nations, the number of people in the world aged 60 years or over is projected to grow by 56 per cent between 2015 and 2030 and by 2050, the global population of older persons is projected to more than double its size in 2015, reaching nearly 2.1 billion.

Since incontinence incidence is much higher amongst the elderly, this is expected to boost the demand for incontinence products in the coming years. Rising incidences of chronic illnesses worldwide and increasing obesity levels are other major factors contributing significantly to demand.

As per WHO, the global obesity levels have more than doubled in the past 34 years.

However, availability of low cost alternatives by local manufacturers acts as a major threat to the global incontinence products market. Alternative treatments like surgery and therapy also hinder market growth of incontinence products.

Low reimbursement and environmental impact of disposable products further creates pressure on the incontinence products manufacturers to introduce environment friendly disposable products.

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Key Market Players

C R Bard Inc
• Synopsis
• Business Strategy
• Product Portfolio
• SWOT Analysis
• First Quality Enterprises
• Kimberly-Clark Corporation
• Ontex
• Coloplast
• Medline Industries Inc

Market Synopsis

Market Segmentation

Global incontinence products market is segmented as follows:

• By Incontinence Type Market Size, Demand Analysis and Growth Analysis
  • By Incontinence Product Type Market Size, Demand Analysis and Growth Analysis
  • By Distribution Channel Market Size, Demand Analysis and Growth Analysis
  • By End User Market Size, Demand Analysis and Growth Analysis

By Regions

• North America U.S., Canada {Market Size, Growth Analysis and Opportunity Analysis}
  • Latin America Argentina, Mexico, Brazil and Rest of Latin America {Market Size, Growth Analysis and Opportunity Analysis}
  • Europe Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe {Market Size, Growth Analysis and Opportunity Analysis}
  • Asia-Pacific China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific {Market Size, Growth Analysis and Opportunity Analysis}
  • Middle East and North Africa MENA {Market Size, Growth Analysis and Opportunity Analysis}
  • Rest of World {Market Size, Growth Analysis and Opportunity Analysis}

Market Dynamics: Growth Drivers, Restraints and Opportunities

• Risk Factors
  • Regional Variations
  • Recent Trends and Developments

Market Landscape: Competition and Beyond

Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
Expert Analysis
Concluding Remarks

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