What are the latest figures on the foley catheters market’s size and projected CAGR?
The foley catheters market size has grown strongly in recent years. It will grow from $1.59 billion in 2024 to $1.70 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to the rising prevalence of kidney stone disease, increasing surgical procedures, increasing spending on medical hygiene, increasing demand for foley catheters, and rising urinary incontinence.
The foley catheters market size is expected to see strong growth in the next few years. It will grow to $2.24 billion in 2029 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to the growing prevalence of urological disorders, increasing adoption of minimally invasive surgeries, rise in geriatric population, rising demand for antimicrobial catheters, and growing awareness about incontinence. Major trends in the forecast period include technological advancements, digital health technologies, advanced healthcare technologies, telemedicine integration, and the integration of antimicrobial properties.
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Which Market drivers have played a significant role in driving the foley catheters market?
The growing prevalence of urological disorders is anticipated to fuel the growth of the foley catheters market going forward. Urological disorders are conditions that impact the urinary system and male reproductive organs, such as kidney stones, bladder infections, prostate problems, and urinary incontinence. The growing prevalence of urological disorders can be attributed to several factors, including an aging population, chronic conditions, lifestyle choices, and environmental influences. Foley catheters aid in reducing urological disorders by ensuring effective urine drainage, addressing urinary retention, and supporting recovery after surgery, thus preventing complications and enhancing patient care. For instance, in October 2023, according to the National Health Service (NHS) England, a UK-based government department, in the 2022/23 period, there were a total of 147,285 hospital admissions with a primary diagnosis of urinary tract infection (UTI). Of these, 56% (82,392 cases) involved individuals aged 65 and older. Moreover, UTIs have caused over 800,000 hospital admissions nationwide in the past five-year period. Therefore, the growing prevalence of urological disorders is driving the growth of the foley catheters market.
What are the key segments within the foley catheters market?
The foley catheters market covered in this report is segmented –
1) By Product Type: 2-Way Foley Catheter, 3-Way Foley Catheter, 4-Way Foley Catheter
2) By Material Type: Latex, Silicone, Other Materials
3) By Application Type: Surgery, Benign Prostatic Hyperplasia, Urinary Incontinence, Other Application Types
4) By End User: Hospitals, Long-Term Care Facilities, Other End Users
Subsegments:
1) By 2-Way Foley Catheter: Standard 2-Way Foley Catheters, Antibacterial Coated 2-Way Foley Catheters, Latex 2-Way Foley Catheters, Silicone 2-Way Foley Catheters, Hydrophilic Coated 2-Way Foley Catheters
2) By 3-Way Foley Catheter: Standard 3-Way Foley Catheters, 3-Way Foley Catheters With Irrigation Port, Latex 3-Way Foley Catheters, Silicone 3-Way Foley Catheters, Antibacterial Coated 3-Way Foley Catheters
3) By 4-Way Foley Catheter: Standard 4-Way Foley Catheters, 4-Way Foley Catheters With Continuous Bladder Irrigation (Cbi), Latex 4-Way Foley Catheters, Silicone 4-Way Foley Catheters, Antibacterial Coated 4-Way Foley Catheters
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Which key players are shaping the foley catheters market?
Major companies operating in the foley catheters market are Cardinal Health Inc, Medtronic PLC, Becton Dickinson and Company, Boston Scientific Corporation, B. Braun Melsungen AG, Coloplast A/S, Teleflex Incorporated, Cook Medical, ConvaTec Group PLC, Lepu Medical Technology, Amsino International Inc, Vygon S.A., Medi-Globe, VOGT Medical, Angiplast Pvt Ltd, Bard Medical, BACTIGUARD AB, AdvaCare Pharma, GWS Surgicals LLP, M. C. Johnson Co. Inc., Ribble International Limited, Advin Health Care, Hospital Equipment Manufacturing Company (HEMC), Sterimed Group
Which transformative trends will shape the foley catheters market landscape?
Major companies operating in the foley catheters market are prioritizing the development of innovative solutions, such as catheter stabilizers, to enhance patient comfort and minimize catheter-related complications. A catheter stabilizer is a medical device designed to securely anchor a catheter to the patient’s skin, preventing dislodgement or shifting during prolonged procedures like intravenous (IV) infusions, urinary catheterizations, or dialysis. For instance, in January 2023, Cathetrix Inc., an Israel-based medical device company, launched the Foley/Safe 2.0, an advanced catheter stabilizer designed to prevent accidental Foley catheter extractions and urinary tract infections (UTIs). The product features three protective layers: a fixation adhesive patch, an anti-slide smart mechanism, and a disconnection mechanism that safely severs the catheter when necessary. This innovative device is aimed at improving patient safety and reducing the need for surgery or extended hospitalization.
How do regional factors impact the foley catheters market, and which region is the largest contributor?
North America was the largest region in the foley catheters market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the foley catheters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Foley Catheters Market Report 2025 Offer?
The foley catheters market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Foley catheters are flexible, thin tubes inserted into the bladder to drain urine. They are typically made of latex or silicone and include an inflatable balloon at the tip to hold the catheter in place inside the bladder. They are used for various medical conditions, such as urinary retention, post-surgical care, or long-term management of incontinence.
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