Global Incontinence Product Market Projected to grow at a CAGR of 5.4% over the Forecast Period 2016-2024
According to Goldstein Research, global incontinence product market is expected to reach USD 15.50 billion by 2024 from the estimated market size of USD 10.15 billion in 2016, growing at a CAGR of 5.4% over the forecast period 2016-2024. The estimated growth in global geriatric population and rising acceptance of these products due to growing awareness about incontinence and its symptoms are some of the major factors that are driving the demand for incontinence products across the world. Global incontinence product market segmentation has been done on the basis of incontinence type, product type, distribution channel, end user and geography. Based on incontinence type, urinary incontinence is more prevalent than the faecal incontinence, thus acquiring major market share. Geographically, global incontinence product industry is dominated by North America and Europe owing to the high acceptance of incontinence product coupled with high disposable income of people in these regions to p...