Sunday, November 13, 2022

3 Key Insights on the US$ 15 Billion Opportunity in the Global Adult Incontinence Products Market: Ken Research

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Driven by the growing number of diseases, and surging awareness regarding self-medication. The Global Adult Incontinence Products Market is forecasted at approximately US$ 15 Bn by 2028 says Ken Research Study.

Incontinence is a term that is used for any accidental or involuntary loss of urine from the bladder. The health incontinence condition starts when a bladder becomes incapable of storing a supposed amount of urine or when bladder muscles are unable to control the discharge of urine. Incontinence in adults can occur in both men and women with aging being one of the major issues of occurrence.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.”

1. Growing Urine Bladder Related Diseases Worldwide, is a Driving Factor for This Market.

According to Ken Research Analysis, the Global Adult Incontinence Products Market was valued at US$ 7 billion in 2017, it is estimated to be ~US$ 10 billion in 2022 and is forecasted to reach a market size of ~US$ 15 billion opportunity by 2028.

Overactive bladder syndrome is also defined as a urinary emergency. According to Lifree, a leading adult incontinence product manufacturer, ~21% of incontinence cases are caused because of urine diseases. Urinary tract infections (UTI) are one of the major causes of urine incontinence in females. Bladder infection is another reason for urine incontinence since it leads to an infection of the urine and causes inflammation. Furthermore, adults who suffer from overflow incontinence are unable to empty the bladder from themselves and require assistance.

Adult Incontinence Market

Increasing urine-related diseases, and growing awareness among adults are going to drive the adult incontinence market in the forecast period.

2. Increasing Geriatric Population, is Likely to Fuel the Adult Incontinence Products Market Growth.

According to The American Geriatric Society, ~30% of the 65-plus patient population will need to be cared for by a geriatrician, and each geriatrician can care for a patient panel of 700 older adults. ~30,000 geriatricians will be needed by 2030 to care for about 21 million older Americans.

As per the USA Department of Economics and Social Affairs, World Population Ageing 2017 publication, stated that the global population aged 60 years or over numbered 962 million in 2017, more than twice as large as in 1980, when there were 382 million older persons worldwide. The number of older people is expected to double again by 2050 when it is projected to reach nearly 2.1 billion.

Adult Incontinence Industry

The rise in the geriatric population requires serious medical conditions with self-care products like diapers, pads, pants, and others. A rise in the aging population also leads to an increase in urine-related diseases worldwide, which is escalating the demand for adult incontinence products.

3. Less Awareness of Incontinence Products among the Rural Population, is Likely to Restrain the Adult Incontinence Products Market.

Countries like India and China, with higher populations, residing in rural areas, intend to face higher adult incontinence issues. Having said that, the population residing in rural areas is less aware of the diseases and their effects, which is likely to impact the growth of the adult incontinence product market.

 Urinary Incontinence Sector

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Furthermore, the government’s active participation to aware people of urine and related diseases is required to improve the conditions in rural areas.

Key Topics Covered in the Report: -

Snapshot of the Global Adult Incontinence Products Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Global Adult Incontinence Products Market

Historic Growth of the Overall Global Adult Incontinence Products Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Adult Incontinence Products Industry

Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors

COVID-19 Impact on the Overall Global Adult Incontinence Products Market

Future Market Forecast and Growth Rates of the Total Global Adult Incontinence Products Market and by Segments

Market Size of Type / End-Users Segments with Historical CAGR and Future Forecasts

Analysis of the Global Adult Incontinence Products Market

Major Production/Supply and Consumption/Demand Hubs in Each Major Region

Major Continent-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within Each Major Continent

Major Players Mentioned in the Report

Kimberly-Clark

First Quality Enterprises, Inc.

Medline Industries

Ontex BV

Unicharm Corporation

Hengan International Group Company Ltd.

NorthShore Care Supply

DSG International

Attends Healthcare Products, Inc.

Drylock Technologies

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Notable Emerging Companies Mentioned in the Report

Fujian Hanhe Sanitary Products Co., Ltd.

Vivia International Private Limited

Quanzhou Jiayue Sanitary Articles Co., Ltd

Quanzhou Xili Hygiene Materials Co., Ltd

Bellibox

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Adult Incontinence Products Manufacturing Companies

Adult Incontinence Products Sales Channels

Adult Incontinence Products Material Suppliers

Potential Investors in Adult Incontinence Products Companies

Adult Diapers Manufacturers

Adult Diapers Suppliers

Raw Material Suppliers for Incontinence Products

Consulting Companies in the Personal Healthcare Market

Government and Research Organizations Working in the Personal Healthcare Industries

Investment Banks Targeting the Personal Healthcare Industry

Government Ministries and Departments of Healthcare

Time Period Captured in the Report

Historical Period: 2017-2021

Forecast Period: 2022-2028F

For more insights on the market intelligence, refer to the link below: -

Global Adult Incontinence Products Market

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