Urinary Retention Therapeutics Market Report 2023: R&D Consistency Drives Sector Growth
The global urinary retention therapeutics market size is anticipated to attain an impressive valuation of USD 3.44 billion in 2023 and is projected to reach US$ 7.5 billion by 2033, expected to register a CAGR of 8.11% until 2033, as per a recently published Future Market Insights study. The market is anticipated to be fuelled by the rising prevalence of underactive bladder disorders and surging cases of urinary incontinence disease. For example, according to American Urological Association 2017 report, more than 200 million people worldwide suffered from stress urinary incontinence disorder in 2017, which can seriously affect the quality of life of both men and women. As a disease whose prevalence is related to advancing age, it affects more women compared to men with an approximate ratio of 3: 1. On the other hand, increasing healthcare expenditure simultaneously helps healthcare organizations and government bodies in increasing the research and development activities on menopause d...