Product Code: GVR-4-68040-009-3
Foley Catheter Market Growth & Trends:
The global foley catheter market size is expected to reach USD 2.57 billion by 2030, expected to expand at a CAGR of 5.81% during the forecast period, according to a new report by Grand View Research, Inc. The demand for foley catheters is anticipated to increase owing to the rising prevalence of urological diseases such as urinary incontinence, neurogenic bladder, growing incidence of spinal cord injuries, increasing elderly population, and favorable reimbursement policies.
The worldwide patient population faces a substantial healthcare challenge as a result of the COVID-19 pandemic. Patients suffering from different diseases have received subpar care as a result of limited access to medical services. The pandemic negatively affected sales of foley catheters. To stop the illness from spreading, surgeries are frequently delayed or even canceled. For instance, open and minimally invasive operations, endoscopic surgeries, clinic visits, and diagnostic procedures all fell by 40-100% in Italy, according to urology residents' research published in August 2021.
Additionally, residents in India reported a 90% drop in surgical volume, and more than 80% of them believed their education had been affected. According to the same source, a survey of urology residents in Latin America and Spain found that 15% had their urological service closed, with all activity devoted to COVID-19 patients. As a result, with the advent of the COVID-19 pandemic in 2020, foley catheter sales plummeted.
The majority of nations across the world have started to loosen lockup regulations and restart some elective surgeries, thus the market is anticipated to bounce back and expand over the projected period. Additionally, a high frequency of urologic disorders, technological improvements, strategic actions made by various players, and an increase in the elderly population are the primary drivers of the foley catheters industry expansion.
For instance, in June 2022, Sanford Health licensed its technology to InnoCare Urologics LLC. A Stanford health practitioner invented a urinary catheter for reducing damage from accidental pullout injuries. InnoCare has finished the necessary testing and has finalized the design with a manufacturer. Its next step is submission to the U.S. FDA to obtain market clearance.
Foley Catheter Market Highlights:
- By product type, 2-way foley catheters accounted for the largest market share of 51.84% in 2022. The growth of the segment is due to the increasing prevalence of urological disorders such as urinary tract infections (UTIs), kidney and ureteral stones, rising preference for minimally invasive surgeries coupled with the rising geriatric population
- Based on the end user, the hospital segment captured the largest market share with around 53.14% in 2022. The growth of this segment can mainly be attributed to a consequent rise in surgical procedures and an increase in the number of patients suffering from various chronic ailments.
- Asia Pacific is expected to become the fastest-growing market for foley catheters with a growth rate of 6.49% during the 2022-2030 period, due to a large number of surgical procedures and the growing geriatric population in the region
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation and Scope
- 1.1.1 Product Type
- 1.1.2 Material
- 1.1.3 Indication
- 1.1.4 End-User
- 1.1.5 Regional Scope
- 1.1.6 Estimates And Forecast Timeline
- 1.2 Research Methodology
- 1.3 Information Procurement
- 1.3.1 Purchased Database:
- 1.3.2 Gvr's Internal Database
- 1.3.3 Secondary Sources
- 1.3.4 Primary Research
- 1.3.5 Details Of Primary Research
- 1.4 Information Or Data Analysis
- 1.4.1 Data Analysis Models
- 1.5 Market Formulation & Validation
- 1.6 Model Details
- 1.6.1 Commodity Flow Analysis (Model 1)
- 1.6.1.1 Approach 1: Commodity Flow Approach
- 1.6.2 Volume Price Analysis (Model 2)
- 1.6.2.1 Approach 2: Volume Price Analysis
- 1.7 List Of Secondary Sources
- 1.8 List Of Primary Sources
- 1.9 List Of Abbreviations
- 1.10 Objectives
- 1.10.1 Objective 1
- 1.10.2 Objective 2
- 1.10.3 Objective 3
- 1.10.4 Objective 4
Chapter 2 Executive Summary
- 2.1 Market Outlook
- 2.2 Segment Outlook
- 2.3 Competitive Insights
Chapter 3 Foley Catheters Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Parent Market Outlook
- 3.1.2 Ancillary Market Outlook
- 3.2 Penetration & Growth Prospect Mapping
- 3.3 User Perspective Analysis
- 3.3.1 Consumer Behavior Analysis
- 3.3.2 Market Influencer Analysis
- 3.4 List Of Key End-Users
- 3.5 Market Dynamics
- 3.5.1 Market Driver Analysis
- 3.5.1.1 Increasing Adoption Of Minimally Invasive Surgeries Over Open Surgeries
- 3.5.1.2 Rise In Geriatric Population
- 3.5.1.3 Growing Prevalence Of Urological Disorders
- 3.5.1.4 Rising Demand For Antimicrobial Catheters
- 3.5.2 Market Restraints Analysis
- 3.5.2.1 Growing Concerns Regarding Catheter-Associated Urinary Tract Infection (Cauti)
- 3.5.2.2. Product Recalls And Stringent Government Regulations
- 3.6 Foley Catheters: Market Analysis Tools
- 3.6.1 Industry Analysis - Porter's
- 3.6.2 Swot Analysis, By Pest
- 3.7 Impact Of Covid-19 On The Market
Chapter 4 Foley Catheters Market: Segment Analysis, By Product Type, 2018 - 2030 (USD Million)
- 4.1 Definition And Scope
- 4.2 Product Type Market Share Analysis, 2022 & 2030
- 4.3 Segment Dashboard
- 4.4 Global Foley Catheters Market, By Product Type, 2018 To 2030
- 4.5 Market Size & Forecasts And Trend Analyses, 2018 To 2030
- 4.5.1 2-Way Foley Catheters
- 4.5.1.1 2-Way Foley Catheters Market, 2018 - 2030 (USD Million)
- 4.5.2 3-Way Foley Catheters
- 4.5.2.1 3-Way Foley Catheters Market, 2018 - 2030 (USD Million)
- 4.5.3 4-Way Foley Catheters
- 4.5.3.1 4-Way Foley Catheters Market, 2018 - 2030 (USD Million)
Chapter 5 Foley Catheters Market: Segment Analysis, By Material, 2018 - 2030 (USD Million)
- 5.1 Definition And Scope
- 5.2 Material Market Share Analysis, 2022 & 2030
- 5.3 Segment Dashboard
- 5.4 Global Foley Catheters Market, By Material, 2018 To 2030
- 5.5 Market Size & Forecasts And Trend Analyses, 2018 To 2030
- 5.5.1 Silicone Foley Catheters
- 5.5.1.1 Silicone Foley Catheters Market, 2018 - 2030 (USD Million)
- 5.5.2 Latex Foley Catheters
- 5.5.2.1 Latex Foley Catheters Market, 2018 - 2030 (USD Million)
Chapter 6 Foley Catheters Market: Segment Analysis, By Indication, 2018 - 2030 (USD Million)
- 6.1 Definition And Scope
- 6.2 Indication Market Share Analysis, 2022 & 2030
- 6.3 Segment Dashboard
- 6.4 Global Foley Catheters Market, By Indication, 2018 To 2030
- 6.5 Market Size & Forecasts And Trend Analyses, 2018 To 2030
- 6.5.1 Urinary Incontinence
- 6.5.1.1 Urinary Incontinence Market, 2018 - 2030 (USD Million)
- 6.5.2 Enlarged Prostate Gland/Bph
- 6.5.2.1 Enlarged Prostate Gland/Bph Market, 2018 - 2030 (USD Million)
- 6.5.3 Spinal Cord Injury
- 6.5.3.1 Spinal Cord Injury Market, 2018 - 2030 (USD Million)
- 6.5.4 Others
- 6.5.4.1 Others Market, 2018 - 2030 (USD Million)
Chapter 7 Foley Catheters Market: Regional Market Analysis, By Product Type, By Material, By Indication, And By End Use, 2018 - 2030 (USD Million)
- 7.1 Definition & Scope
- 7.2 Regional Market Share Analysis, 2022 & 2030
- 7.3 Regional Market Dashboard
- 7.4 Regional Market Snapshot
- 7.5 Market Size, & Forecasts, Volume And Trend Analysis, 2022 To 2030
- 7.6 North America
- 7.6.1 North America Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.6.2 U.S.
- 7.6.2.1 U.S. Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.6.3 Canada
- 7.6.3.1 Canada Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.7 Europe
- 7.7.1 Europe Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.7.2 U.K.
- 7.7.2.1 U.K. Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.7.3 Germany
- 7.7.3.1 Germany Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.7.4 France
- 7.7.4.1 France Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.7.5 Italy
- 7.7.5.1 Italy Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.7.6 Spain
- 7.7.6.1 Spain Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.7.7 Denmark
- 7.7.7.1 Denmark Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.7.8 Sweden
- 7.7.8.1 Sweden Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.7.9 Norway
- 7.7.9.1 Norway Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.7.10 Rest Of Europe
- 7.7.10.1 Rest Of Europe Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.8 Asia Pacific
- 7.8.1 Asia Pacific Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.8.2 Japan
- 7.8.2.1 Japan Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.8.3 China
- 7.8.3.1 China Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.8.4 India
- 7.8.4.1 India Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.8.5 Australia
- 7.8.5.1 Australia Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.8.6 South Korea
- 7.8.6.1 South Korea Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.8.7 Thailand
- 7.8.7.1 Thailand Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.8.8 Rest Of Apac
- 7.8.8.1 Rest Of Apac Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.9 Latin America
- 7.9.1 Latin America Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.9.2 Brazil
- 7.9.2.1 Brazil Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.9.3 Mexico
- 7.9.3.1 Mexico Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.9.4 Argentina
- 7.9.4.1 Argentina Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.9.5 Rest Of Latam
- 7.9.5.1 Rest Of Latam Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.10 MEA
- 7.10.1 MEA Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.10.2 South Africa
- 7.10.2.1 South Africa Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.10.3 Saudi Arabia
- 7.10.3.1 Saudi Arabia Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.10.4 Uae
- 7.10.4.1 Uae Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.10.5 Kuwait
- 7.10.5.1 Kuwait Foley Catheters Market, 2018 - 2030 (USD Million)
- 7.10.6 Rest Of MEA
- 7.10.6.1 Rest Of Mea Foley Catheters Market, 2018 - 2030 (USD Million)
Chapter 8 Foley Catheters Market - Competitive Analysis
- 8.1 Recent Developments & Impact Analysis, By Key Market Participants
- 8.2 Company Categorization
- 8.2.1 Innovators
- 8.2.2 Market Leaders
- 8.3 Vendor Landscape
- 8.3.1 Key Company Market Share Analysis, 2021
- 8.3.2 Major Deals And Strategic Alliances
- 8.3.2.1 New Product Launch
- 8.3.2.2 Expansion
- 8.3.2.3 Acquisition
- 8.3.3 Market Entry Strategies
- 8.4 Company Profiles
- 8.4.1 STERIMED GROUP.
- 8.4.1.1 Company overview
- 8.4.1.2 Financial Performance
- 8.4.1.3 Product benchmarking
- 8.4.1.4 Strategic initiatives
- 8.4.2 ANGIPLAST PVT LTD
- 8.4.2.1 Company overview
- 8.4.2.2 Financial Performance
- 8.4.2.3 Product benchmarking
- 8.4.2.4 Strategic initiatives
- 8.4.3 HEMC (HOSPITAL EQUIPMENT MANUFACTURING COMPANY)
- 8.4.3.1 Company overview
- 8.4.3.2 Financial performance
- 8.4.3.3 Product benchmarking
- 8.4.3.4 Strategic initiatives
- 8.4.4 CARDINAL HEALTH
- 8.4.4.1 Company overview
- 8.4.4.2 Financial performance
- 8.4.4.3 Product benchmarking
- 8.4.4.4 Strategic initiatives
- 8.4.5 ADVIN HEALTH CARE
- 8.4.5.1 Company overview
- 8.4.5.2 Financial performance
- 8.4.5.3 Product benchmarking
- 8.4.5.4 Strategic initiatives
- 8.4.6 ADVACARE PHARMA
- 8.4.6.1 Company overview
- 8.4.6.2 Financial performance
- 8.4.6.3 Product benchmarking
- 8.4.6.4 Strategic initiatives
- 8.4.7 TELEFLEX INCORPORATED
- 8.4.7.1 Company overview
- 8.4.7.2 Product benchmarking
- 8.4.7.3 Strategic initiatives
- 8.4.8 GWS SURGICALS LLP
- 8.4.8.1 Company overview
- 8.4.8.3 Product benchmarking
- 8.4.8.3 Strategic initiatives
- 8.4.9 BACTIGUARD AB
- 8.4.9.1 Company overview
- 8.4.9.3 Product benchmarking
- 8.4.9.3 Strategic initiatives
- 8.4.10 MEDTRONIC
- 8.4.10.1 Company overview
- 8.4.10.3 Product benchmarking
- 8.4.10.3 Strategic initiatives
- 8.4.11 CONVATEC INC.
- 8.4.11.1 Company overview
- 8.4.11.3 Product benchmarking
- 8.4.11.3 Strategic initiatives
- 8.4.12 B. BRAUN
- 8.4.12.1 Company overview
- 8.4.12.3 Product benchmarking
- 8.4.12.3 Strategic initiatives
- 8.4.13 VOGT MEDICAL
- 8.4.13.1 Company overview
- 8.4.13.3 Product benchmarking
- 8.4.13.3 Strategic initiatives
- 8.4.14 RIBBEL INTERNATIONAL LIMITED
- 8.4.14.1 Company overview
- 8.4.14.3 Product benchmarking
- 8.4.14.3 Strategic initiatives
- 8.4.15 C. R. BARD (BD)
- 8.4.15.1 Company overview
- 8.4.15.3 Product benchmarking
- 8.4.15.3 Strategic initiatives
- 8.4.16 Hollister Incorporated
- 8.4.16.1 Company overview
- 8.4.16.3 Product benchmarking
- 8.4.16.3 Strategic initiatives
- 8.4.17 Coloplast
- 8.4.17.1 Company overview
- 8.4.17.3 Product benchmarking
- 8.4.17.3 Strategic initiatives