Foley Catheter Market to grow with a CAGR of 4.60% through 2029
Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the Global Foley Catheter Market during the forecast period 2025-2029
According to TechSci Research
report, “Foley Catheter Market - Global Industry Size, Share, Trends, Competition,
Opportunity and Forecast, 2029F”, Global Foley Catheter Market
has valued at USD 0.96 billion in 2023 and is anticipated to witness an
impressive growth in the forecast period with a CAGR of 4.60% through 2029. Collaborations and partnerships among leading companies are instrumental in consolidating expertise and enhancing market positioning.
Enhancing patient comfort and quality of life serves as a significant driver in the global Foley catheter market. Prioritizing patient-centered care and improving the overall experience for individuals requiring catheterization are key considerations. Catheterization procedures can be discomforting and disruptive to daily life. Catheters engineered with patient comfort in focus can markedly enhance the catheterization experience. Advancements in catheter materials, coatings, and designs aim to minimize discomfort and irritation during catheterization, thereby enhancing patient comfort. Catheters engineered for easier insertion and use can mitigate the perceived invasiveness, making the procedure more tolerable for patients. Comfortable and well-designed catheters enable patients to move around freely without constraints, thereby contributing to an improved quality of life. Particularly for patients requiring long-term catheterization, comfort assumes heightened importance. Innovations in catheter technology can significantly enhance their daily living experiences.
In the global Foley catheter market, mitigating infection risks poses a significant challenge. Catheter-associated urinary tract infections (CAUTIs) are prevalent and serious complications associated with Foley catheter use. These devices provide a direct pathway for bacteria to infiltrate the urinary tract, leading to potential infections. Bacterial colonization on catheter surfaces, often forming resilient biofilms, can render infections resistant to antibiotics and the body's immune response. Consequently, frequent antibiotic usage to address CAUTIs contributes to the emergence of antibiotic-resistant bacteria, posing broader public health concerns. Untreated or inadequately managed CAUTIs may escalate to severe complications like bloodstream infections (sepsis) or kidney infections (pyelonephritis), underscoring the importance of proactive infection prevention measures in catheterization procedures.
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Global Foley Catheter Market
segmentation is based on Product Type, Material, Indication, End User and
Region
Based on Indication, Global Foley
Catheter Market is segmented into Urinary Incontinence, Enlarged Prostate
Gland/BPH, Spinal Cord Injury, Others. Urinary incontinence is a medical condition
characterized by the involuntary loss of urine from the bladder. In other
words, individuals with urinary incontinence are unable to control their
bladder effectively, leading to leaks or uncontrolled urination. This condition
can range from occasional and minor leaks to more severe and frequent episodes
that significantly impact daily life. This occurs when there's pressure on the bladder,
such as during activities like coughing, sneezing, laughing, lifting heavy
objects, or even exercising. Weakness of the pelvic floor muscles, often due to
factors like childbirth, can lead to stress incontinence. Also known as overactive
bladder, urge incontinence involves a sudden, strong urge to urinate that is
difficult to control. People with this type of incontinence may not be able to
reach the bathroom in time. The urge can be triggered by factors such as drinking
fluids, touching water, or hearing running water.
Asia Pacific region to fastest
growth in the Global Foley Catheter Market. Many countries in the Asia Pacific
region have been investing significantly in their healthcare infrastructure.
The improvement of medical facilities, hospitals, and clinics can lead to
increased access to medical devices like Foley catheters. As awareness of
healthcare and medical advancements grows in the Asia Pacific region, more
people are seeking medical treatment for their health conditions, including
urinary disorders. Increased awareness can lead to higher diagnosis rates and
subsequent catheter use. In many Asian countries, there is a growing
middle-class population with increased disposable income. This could lead to a
higher demand for better healthcare and medical treatments, including
catheterization.
Some of the major companies
operating in the Global Foley Catheter Market include:
- Sterimed
Group.
- Angiplast
Pvt Ltd
- HEMC
(Hospital Equipment Manufacturing Company)
- Cardinal
Health Inc
- Advin
Health Care
- AdvaCare
Pharma
- Teleflex
Incorporated
- GWS
Surgicals LLP
- BACTIGUARD
AB
- Medtronic Plc
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“Certain
areas, particularly in North America, are projected to exert significant demand
for urinary disorder treatment. The growth in the competitive landscape and the
presence of well-established companies in the market, committed to enhance the overall
wellbeing of people each year, are expected to contribute to a remarkable
growth of the Global Foley Catheter Market in the forecast period", said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based
Global management consulting firm.
"Foley Catheter Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (2-way Foley Catheters, 3-way Foley Catheters, 4-way Foley Catheters), By Material (Silicone Foley Catheters, Latex Foley Catheters), By Indication (Urinary Incontinence, Enlarged Prostate Gland/BPH, Spinal Cord Injury, Others), By End User (Hospitals, Long-Term Care Facilities, Others), and By Region, Competition, 2019-2029F", evaluated the future growth
potential of Global Foley Catheter Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide innovative market intelligence and help decision makers take
sound investment decisions. Besides, the report also identifies and analyzes
the emerging trends along with essential drivers, challenges, and opportunities
in Global Foley Catheter Market.
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