The Shocking Statistics on Incontinence: Only 1 in 7 Submit Reimbursement Claims, $15.3 Billion Market by 2025
Summary
- Approximately 33 million Americans suffer from some form of incontinence.
- Only 1 in 7 individuals who have incontinence submit reimbursement claims for incontinence supplies.
- The incontinence market in the United States is expected to reach $15.3 billion by 2025.
The Prevalence of Incontinence in the United States
Incontinence is a common medical condition that affects millions of Americans. According to the National Association for Continence, approximately 33 million people in the United States suffer from some form of incontinence. This includes both men and women of all ages, although it is more common in older adults.
Types of Incontinence
There are several different types of incontinence, including:
- Stress incontinence
- Urge incontinence
- Overflow incontinence
- Functional incontinence
Impact of Incontinence on Individuals
Incontinence can have a significant impact on a person's quality of life. It can lead to embarrassment, social isolation, and a decreased ability to engage in daily activities. Many individuals with incontinence also experience psychological distress and feelings of depression or anxiety.
Reimbursement Claims for Incontinence Supplies
Despite the high prevalence of incontinence in the United States, only a small percentage of individuals who suffer from the condition actually submit reimbursement claims for incontinence supplies. A study published in the Journal of Applied Gerontology found that only 1 in 7 individuals with incontinence submit claims for reimbursement.
Barriers to Reimbursement
There are several reasons why individuals may not submit reimbursement claims for incontinence supplies, including:
- Lack of awareness about reimbursement options
- Difficulty navigating the reimbursement process
- Stigma associated with incontinence
- Cost of supplies
- Insurance coverage limitations
Impact of Lack of Reimbursement
The low rate of reimbursement claims for incontinence supplies has significant implications for individuals with incontinence. It can lead to financial strain and make it more difficult for individuals to afford the supplies they need to manage their condition effectively. This, in turn, can worsen symptoms and have a negative impact on quality of life.
The Incontinence Market in the United States
Despite the challenges associated with reimbursement for incontinence supplies, the market for these products continues to grow in the United States. According to a report by Grand View Research, the incontinence market in the United States was valued at $10.7 billion in 2017 and is expected to reach $15.3 billion by 2025.
Factors Driving Market Growth
Several factors are driving the growth of the incontinence market in the United States, including:
- An aging population
- Rising awareness about incontinence
- Advancements in product technology
- Increasing demand for discreet and comfortable products
Key Players in the Market
Some of the key players in the incontinence market in the United States include:
- Kimberly-Clark Corporation
- Procter & Gamble Company
- Hollister Incorporated
- Essity AB
- Domtar Corporation
Future Trends in the Market
Looking ahead, the incontinence market in the United States is expected to continue to grow as the population ages and awareness about the condition increases. There is also a growing trend towards the development of more sustainable and environmentally friendly incontinence products to meet consumer demand.
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