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Global Foley Catheters Market Size By Type (2-Way Foley Catheters, 3-Way Foley Catheters), By End-User (Hospitals, & Long-term Care Facilities), By Material Type (Latex, Silicone, & Natural Rubber), By Geographic Scope And Forecast


Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Foley Catheters Market Size By Type (2-Way Foley Catheters, 3-Way Foley Catheters), By End-User (Hospitals, & Long-term Care Facilities), By Material Type (Latex, Silicone, & Natural Rubber), By Geographic Scope And Forecast

Foley Catheters Market Size And Forecast

Foley Catheters Market size was valued at USD 1.21 Billion in 2024 and is projected to reach USD 1.94 Billion by 2031, growing at a CAGR of 6.10% from 2024 to 2031.

  • A Foley catheter is a thin, flexible tube that drains urine from the bladder. It is named for Dr. Frederic Foley, who created the initial design in 1929. Unlike some catheters used for single drainage, a Foley catheter is an indwelling catheter, which means it can stay in place for long periods of time.
  • The Foley catheter has two lumens (channels). The wider tube allows urine to flow from the bladder to a collection bag. The smaller channel connects to a balloon at the catheter tip, which is positioned inside the bladder. This balloon is inflated with sterile water to keep the catheter securely in place.
  • Foley catheters are used for a range of medical purposes. One important application is for people who are unable to urinate on their own. This can be related to disorders such as urine retention, which prevents the bladder from entirely emptying, or neurological abnormalities that impair bladder control. Foley catheters are also widely used during and after surgery, especially when anesthetic or pain medication makes urination difficult.
  • Another key application is to monitor urine production. In critical care, constantly monitoring urine production is vital for determining a patient’s hydration level and kidney function. A Foley catheter enables the continuous and accurate measuring of urine volume. Finally, Foley catheters can be useful for managing incontinence since they allow you to collect urine constantly.

Global Foley Catheters Market Dynamics

The key market dynamics that are shaping the global foley catheters market include

Key Market Drivers

  • Rising Prevalence of Urological Conditions The global population is experiencing an increase in age-related urinary disorders such as urinary incontinence and benign prostatic hyperplasia (BPH). BPH is a non-cancerous enlargement of the prostate gland that can cause urinary blockage. These conditions frequently require the use of Foley catheters for drainage or management.
  • Growing Number of Surgical Procedures As the number of operations increases, particularly urological surgeries, there is a greater demand for Foley catheters to manage urine drainage during and after procedures. This trend is likely to continue as minimally invasive operations become more common, even if they still require temporary catheterization.
  • Rising Awareness and Healthcare ExpenditureA growing understanding of the management of urinary problems and the benefits of early intervention has resulted in a greater use of Foley catheters. Furthermore, increased healthcare spending in both developed and developing countries improves access to innovative medical technologies. Governments and healthcare organizations are progressively investing in healthcare infrastructure and services, including the supply of important medical devices such as Foley catheters. For example, healthcare spending in the United States exceeded $4.1 trillion in 2020, indicating a significant investment in healthcare services and products.
  • Increasing Prevalence of Urinary DisordersThe increased frequency of urinary diseases is a key driver of the foley catheters market. Urinary retention, benign prostatic hyperplasia (BPH), prostate cancer, and bladder dysfunction are all on the rise, especially among the elderly. According to the American Urological Association, BPH affects over half of men aged 51 to 60 and up to 90% of those over 80. The increased frequency of these illnesses necessitates the use of Foley catheters for optimal management, fueling market expansion.

Key Challenges

  • Catheter-Associated Urinary Tract Infections (CAUTIs) One of the most serious issues is the high prevalence of CAUTIs. Foley catheters pose a significant risk for UTIs because they give a direct conduit for bacteria to enter the bladder. These infections can cause higher healthcare costs, patient suffering, and potentially drug resistance. According to studies, urinary catheters may be responsible for up to 40% of hospital-acquired infections.
  • Patient Discomfort and Catheter Related Injuries Foley catheters can irritate the urethra and bladder. Friction from insertion and removal might harm the urethral lining. Additionally, extended use can result in bladder spasms and other problems. These factors can have a major impact on a patient’s quality of life, necessitating catheter removal before it is medically necessary.
  • Antimicrobial Resistance The over use of antibiotics to treat CAUTIs contributes to the developing problem of antimicrobial resistance. This creates a situation in which even common infections become difficult to cure because drugs are ineffective. It is critical to find alternate techniques to avoid CAUTIs, such as creating catheters with inherent antibacterial characteristics.
  • Cost Considerations Although some healthcare systems reimburse for Foley catheters, the overall cost can be prohibitive. This includes not only the catheter itself, but also the costs of insertion, maintenance, and potentially managing problems such as CAUTIs. Finding solutions to cut prices while maintaining quality is critical for increasing access to these devices.

Key Trends

  • Personalized and Customized Catheters Personalization are becoming increasingly significant in medical devices, including Foley catheters. Catheters can be tailored to the exact demands of individual patients, considerably improving outcomes. For example, children, the elderly, and people with certain medical disorders may require catheters with special dimensions, materials, or features. Advances in manufacturing technology, including 3D printing, are allowing for the creation of personalized catheters that address patients’ different demands. This trend toward customization is projected to propel market expansion by providing more effective and comfortable solutions.
  • Innovations in Catheter Materials Material innovation is vital for the evolution of Foley catheters. Traditional latex catheters are being replaced by silicone catheters, which are more biocompatible, less likely to produce allergic responses and have a longer indwelling period. Silicone catheters are preferred for patients with latex sensitivities or who require long-term catheterization. Furthermore, research is underway to develop novel polymers that combine the advantages of silicone with improved antibacterial capabilities. These developments are intended to improve patient outcomes by decreasing infection rates and improving catheter longevity.
  • Focus on Infection Prevention Given the high prevalence of CAUTIs, there is a strong emphasis on developing technology and tactics to reduce infection risk. This comprises catheters with antibacterial characteristics, bacteria-repelling coatings, and lubricants to decrease friction during insertion and removal.
  • Advanced Materials and Design Manufacturers are always developing new catheter materials to improve patient comfort and reduce problems. Biocompatible materials that reduce tissue irritation, catheters with smoother surfaces, and designs that better fit bladder architecture are gaining traction.

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Global Foley Catheters Market Regional Analysis

Here is a more detailed regional analysis of the global foley catheters market

North America

  • In 2018, the foley catheters market in North America generated USD 406.6 million in revenue, with strong growth expected in the future years. This predicted growth is primarily due to the rising prevalence of urine incontinence and the increased frequency of surgical operations.
  • According to a 2014 survey conducted by The Society for Healthcare Epidemiology of America, over 25% of hospitalized patients in the United States received foley catheters during their stay, highlighting the widespread use and necessity of these medical devices in healthcare settings.
  • Furthermore, increased healthcare spending and growing awareness of urinary incontinence treatment alternatives are likely to fuel market expansion in North America. Increased investments in medical technologies and larger patient education on urinary health are helping to create a stronger market for foley catheters.
  • As the population ages and the number of conditions requiring catheterization increases, the demand for effective urinary management solutions is expected to rise, driving market growth throughout the forecast period.

Asia Pacific

  • The Asia Pacific area is expected to develop at a considerable compound annual growth rate (CAGR) over the forecast period, due to the increased prevalence of urinary incontinence and benign prostatic hyperplasia (BPH).
  • According to the Global Forum on Incontinence, an estimated 8.4% of Asia’s population experienced urine incontinence in 2018. This high prevalence demonstrates the growing need for appropriate urinary management technologies, such as Foley catheters, to meet rising demand in this region.
  • Furthermore, in countries such as Japan and China, the average length of hospital stays is rising, which is likely to drive market expansion for indwelling catheters in Asia Pacific. Longer hospital stays frequently require the use of Foley catheters for patient care, which contributes to increased market demand.
  • During the projection period, the combination of an increasing patient population with urinary diseases and prolonged hospitalizations is expected to greatly promote the use and growth of Foley catheters in the Asia Pacific region.

Global Foley Catheters MarketSegmentation Analysis

The Global Foley Catheters Market is Segmented on the basis of Type, End-User, Material Type, And Geography.

Foley Catheters Market, By Type

  • 2-Way Foley Catheters
  • 3-Way Foley Catheters
  • 4-Way Foley Catheters

Based on Type, the market is bifurcated into 2-Way Foley Catheters, 3-Way Foley Catheters, and 4-Way Foley Catheters. The 2-way Foley catheter segment dominates the market. This is due to their low cost and widespread use for short- and long-term catheterization. However, 3-way Foley catheters are witnessing the most rapid growth. The second lumen of 3-way catheters provides benefits during operations such as bladder irrigation and permits medicine delivery without removing the catheter, making them more popular in some surgical settings.

Foley Catheters Market, By End-User

  • Hospitals
  • Long-term Care Facilities
  • Medical Research Center
  • Ambulatory Surgery Centers

Based on End-User, the market is segmented into Hospitals, Long-term Care Facilities, Medical Research Center, & Ambulatory Surgery Centers. Because of the large number of patients requiring urine drainage treatments and post-surgical care, hospitals now dominate the Foley catheter industry. However, ambulatory surgery centers are growing at a rapid rate. The growing popularity of minimally invasive operations conducted as outpatients is driving up demand for Foley catheters in these medical centers.

Foley Catheters Market, By Material Type

  • Latex
  • Silicone
  • Natural Rubber
  • Plastic

Based on Material Type, the market is fragmented into Latex, Silicone, Natural Rubber, and Plastic. Silicone is currently the fastest growing segment of the Foley catheters market, replacing latex. While latex has traditionally been the preferred material due to its low cost, silicone has several advantages. Silicone catheters are biocompatible, which reduces the risk of allergic responses associated with latex. Additionally, silicone’s smooth surface reduces friction and discomfort during insertion and removal. These considerations are moving the Foley catheter market toward silicone catheters.

Foley Catheters Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

On the basis of Geography, the Global Foley Catheters Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America dominates the Foley catheter market due to the high frequency of urinary disorders among its aging population and well-established healthcare infrastructure. However, Asia Pacific is likely to be the most rapidly expanding segment. This is driven by factors such as a fast growing older population prone to urinary problems, rising healthcare costs, and increased knowledge of medical devices.

Key Players

The “Global Foley Catheters Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are B. Braun Melungeon AG, Coloplast A/S, C.R. Bard, Inc., Hollister Incorporated, Medtronic plc, Cook Medical, Teleflex Incorporation, and ConvaTec Group plc, Medline Industries, Inc., SunMed

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Foley Catheters Market Recent Developments

  • In November 2023, Abbott won FDA approval for its innovative Navistar ablation device for atrial fibrillation. The Navistar catheter is intended to give clinicians improved control and precision during ablation operations.
  • In October 2023, Boston Scientific announced its new VertaFlex peripheral vascular intervention (PVI) catheter. The VertaFlex catheter is intended to offer clinicians a more flexible and maneuverable option for treating peripheral vascular disease.
  • In September 2023, Medtronic announced the Symplicity Spyral HTN-ON MED research, which will assess the safety and efficacy of its Symplicity Spyral renal denervation catheter for hypertension management.
  • In August 2023, Braun offered the Diacan Flex safety catheter for peripheral vascular access. The Diacan Flex catheter is intended to minimize the risk of vascular and needlestick injuries.
  • In July 2023, Terumo announced the new Progreat Ultra neurovascular guidewire. The Progreat Ultra guidewire is intended to give clinicians a more trackable and movable choice when navigating intricate neurovascular architecture.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

B. Braun Melungeon AG, Coloplast A/S, C.R. Bard, Inc., Hollister Incorporated, Medtronic plc, Cook Medical, Teleflex Incorporation, and ConvaTec Group plc, Medline Industries, Inc., SunMed.

SEGMENTS COVERED

By Type, By End-User, By Material Type, And By Geography

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