Global Foley Catheter Market is segmented by Product Type (2 Way Catheters,3 Way Catheters, 4-way Catheters), by Application Type (Latex, Silicone, Others), By End User(Hospitals, Ambulatory Surgery Clinics, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031
Foley Catheter Market Size
The Global Foley Catheter Market reached US$ 1.67 billion in 2023 and is expected to reach US$ 2.59 billion by 2031, growing at a CAGR of 5.7% during the forecast period 2024-2031.
An indwelling (Foley) catheter is a closed sterile system with a retention balloon and a catheter inserted either through the urethra or suprapubically to allow for bladder drainage. Foley catheters are one of the most common urinary catheters used for draining urine from the bladder. These thin, sterile, flexible tubes are used for various chronic and acute conditions, including urinary incontinence and benign prostatic hyperplasia (BPH). These catheters are recommended only for short-term use, for less than 30 days.
Foley Catheter Market Summary
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Metrics |
Details |
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Market CAGR |
6.2% |
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Segments Covered |
By Product Type, By Material, By Application, By End-User, and By Region |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
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Foley Catheter Market Dynamics
The global foley catheters market is growing owing to the rising prevalence of urological diseases, such as urinary retention, benign prostate hyperplasia (BPH), urinary incontinence, and prostate cancer.
The increasing elderly patient population globally is expected to drive market growth.
Urinary incontinence is a common condition in the general population, particularly the older adult population, which reduces the quality of life. The World Health Organization (WHO) considers persons 65 or older to be older adults, while the United Nations considers those 60 years or older to be older adults. The world's population is quickly aging, with 703 million individuals over the age of 65 presently, and this figure is expected to rise to 1.5 billion by 2050. Urine incontinence is a prevalent disorder in the general population, particularly among older people, and it lowers the quality of life. Ten to twenty percent of all women and 77% of women in nursing homes have urinary incontinence.
Moreover, Urinary incontinence has been observed in much research among older women, with an overall frequency of 14% in US studies. The prevalence of urine incontinence has been estimated to be 37% in research conducted in European countries. In research conducted across Asia, the prevalence of urine incontinence in older persons was 13% in Asia and 45.3% in Africa. The prevalence of urinary incontinence was reported to be 52% in a study conducted in Middle Eastern countries. Therefore, it has increased the demand for foley catheters worldwide. Thus, from the above statements, the market is expected to drive in the forecast period.
Complications associated with the foley catheter are expected to get hampered in the forecast period.
The procedure is painful. It entails inserting and removing insufficiently lubricated catheters, causing friction between the urethral walls and the device's surface. These may not be unpleasant at first, but continued usage may cause urethral constriction, resulting in bleeding and infection. Extra caution is essential to avoid the negative effects of UTIs and CAUTIs. Moreover, unfavorable tax policies, unfavorable reimbursement practices in developing nations, and increased product failures and recalls are the factors the market is expected to hamper in the forecast period.
Industry Analysis
The foley catheter market provides in-depth analysis of the market based on various industry factors such as unmet needs, pricing analysis, supply chain analysis, regulatory analysis etc.
Foley Catheter Market Segment Analysis
Latex segment is expected to hold the largest market share in the foley catheter market.
The latex segment accounted for the largest market share in 2021. The segment is benefiting because catheters made of pure latex are not expensive. These catheters have hydrogel, silicone, and Teflon coatings that make them soft, lubricious, reliable, and highly flexible; they provide increased patient safety with less encrustation and irritation. The ability of coated latex catheters to minimize bacterial adhesion and encrustation is predicted to increase demand shortly. For instance, Cardinal Health manufactures the Dover Hydrogel Coated Latex Foley Catheter to make insertion easier and to protect the patient's urethra. Therefore, it has increased the demand for latex-based foley catheters. Thus, from the above statements, the market segment accounted for the largest market share in the forecast period.
Foley Catheter Market Geographical Share
North American region is expected to hold the largest market share in the global foley catheter market.
The North American region accounted for the largest market share in 2021. Increased prevalence of diseases, rising geriatric population, development of healthcare infrastructure, and the increase in the number of surgeries being performed in the region are the factors the market is driven by in the forecast period. For instance, according to the National Association for Incontinence (NAFC), nearly 200 million people in North America are affected by urinary incontinence. According to WomensHealth.gov, urinary incontinence is twice as common in women as in men. In contrast, stress urinary incontinence is most common among pregnant women, giving birth or going through menopause. These are the primary reasons for the rise in the region's urinary catheter market.
Moreover, Latex 2-way catheters account for more than half of North America's total foley catheters market. The market is also growing due to the adoption of urinary catheters in the healthcare ecosystem. Thus, from the above statements, the North American region accounted for the largest market share in the forecast period.
Foley Catheter Market Key Players
Major key players in the foley catheter market are B. Braun Melsungen AG, Coloplast Corp, Teleflex Incorporated, BD, Cardinal Health, Medtronic, SunMed and BACTIGUARD, among others.
B. Braun Melsungen AG:
B. Braun is a German manufacturer of medical and pharmaceutical devices. The B. Braun product line includes 5,000 items, 95 percent of which are manufactured by the company. The company's product portfolio includes infusion, nutrition, pain therapy products, infusion pumps and systems, surgical instruments, suture materials, hip and knee implants, dialysis equipment and accessories, ostomy, disinfection, and wound care products. The company operates its business through five divisions: hospital care, Aesculap, B. Braun Avitum, out-patient market (OPM) and other sales. B. Braun has a presence in 64 countries and develops products in 18 therapy fields of the healthcare industry.
Product Portfolio:
Urimed Cath Foley Nelaton: The Urimed Cath Foley Nelaton catheter is a two-way silicone Foley catheter indicated for routine bladder drainage.
Indication:
- Acute and chronic urinary retention
- Maintain a continuous outflow of urine for patients with voiding difficulties as a result of neurological disorders that cause paralysis or loss of sensation affecting urination,
- Need for accurate measurement of urinary output in critically ill patients
- Perioperative for selected surgical procedures
- Patients undergoing urological surgery or other surgery on contiguous structures of the genitourinary tract
- Anticipated prolonged duration of surgery
- Need for intra-operative monitoring of urinary output
- To assist in healing of open sacral or perineal wounds in incontinent patients
- Patient requires long-term immobilization (e.g. potentially unstable thoracic or lumbar spine, multiple traumatic injuries such as pelvic fractures
- To allow bladder irrigation/lavage
- To facilitate continence and maintain skin integrity (when conservative treatment methods have been unsuccessful
- To improve comfort for end of life care if needed
- Management of intractable incontinence.
The global foley catheter market report would provide an access to an approx. 45+market data table, 40+figures
