Stivsmith1621 Nov, 2022Business
Market Research Future (MRFR) states that the urinary catheters market is anticipated to grow with a CAGR of 5.2% during 2020-2027 and surpass a market valuation of USD 5.6 billion by 2027. A catheter is reputed medical device that is nothing by a thin tube, made of medical graded material. It allows delivery of substances like medicines, fluids, and others into the body or drain out urine form the body. This situation is common in case of surgeries and post-surgery. Hence, catheter finds numerous applications in such clinical conditions. Owing to the sedentary lifestyle, an increase in the number of people suffering from malicious diseases is observed.
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