The global foley catheters market is expected to foresee significant growth. North America to lead the growth!
- Vikas Kumar
- January 10, 2023
- HEALTHCARE, NEWS
- Foley Catheters, Foley Catheters Market, Foley Catheters Market forecast, Foley Catheters Market growth, Foley Catheters Market shape, Foley Catheters Market share, Foley Catheters Market size, Foley Catheters Market trends
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The foley catheters market is expected to witness a CAGR of around 6% during the forecast period. Flexible tubes called foley catheters or urinary catheters are inserted through the urethra and bladder to make it easier to drain urine. They are regarded as essential in the field of urology because they make it easier for patients with dysfunctional bladders to empty urine bags and reduce complications associated with urology. Foley catheters are typically used in patients with urinary incontinence, urinary retention, or prostate or genital surgery, among other conditions, to assist in the release of urine.
Furthermore, the primary factor behind the demand for foley catheters is the high prevalence of urinary disorders. The prevalence of urinary incontinence ranges from 25 to 45 percent, and it can reach 50 percent in the middle-aged and older population, according to numerous studies. Foley catheters will be in high demand for a long time to come as the prevalence of urinary diseases continues to rise in tandem with the aging population.
For a detailed analysis of the Global Foley Catheters Market browse through- https://univdatos.com/report/foley-catheters-market/
Based on type, the market is segmented into 2-way foley catheters, 3-way foley catheters, and 4-way foley catheters. Among them, the 2-way foley catheters category witnessed a significant CAGR during the forecast period owing due to its low cost and widespread acceptance of the two-way Foley catheter for both short-term and long-term catheterization.
On the basis of material, the market is categorized into latex foley catheters and silicone foley catheters. Among these, the silicone foley catheters to hold a significant share of the market in 2020. This is mainly due to its biocompatibility, rigidity, and longer shelf life. As a result, silicone’s advantages are expected to drive demand for silicone foley catheters over the forecast period.
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For a better understanding of the market adoption of the foley catheters industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the availability of sophisticated interventional products including urinary catheters as well as an increase in the number of surgical procedures carried out in the region are all contributing to the rapid growth of foley catheters. Other factors include a rising geriatric population and a high prevalence of diseases. The market in North America is also expected to expand due to rising expenditures and awareness regarding the treatment of urinary incontinence.
Some of the major players operating in the market include Becton, Dickinson, and Company, Cardinal Health, B. Braun Melsungen AG, Coloplast Corp., Teleflex Incorporated, Bactiguard, Cook Medical, Medline Industries, SunMed, and Wellspect HealthCare AB
Global Foley Catheters Market Segmentation
Market Insight, by Type
- 2-way Foley Catheters
- 3-way Foley Catheters
- 4-way Foley Catheters
Market Insight, by Material
- Latex Foley Catheters
- Silicone Foley Catheters
Market Insight, by End-User
- Hospitals
- Ambulatory Surgery Centers
- Long-term Care Centers
- Others
Market Insight, by Region
- North America
- US
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Rest of the World
Top Company Profiles
- Becton, Dickinson, and Company
- Cardinal Health
- B. Braun Melsungen AG
- Coloplast Corp.
- Teleflex Incorporated
- Bactiguard
- Cook Medical
- Medline Industries
- SunMed
- Wellspect HealthCare AB
