Foley Catheters Market Size, Share, Outlook, and Opportunity Analysis, 2020– 2027

FOLEY CATHETERS MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027

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REPORT DESCRIPTION Foley Catheters Market - Overview Foley Catheters Market, by Product Type (Two-way Catheters, Three-way Catheters, and Four-way Catheters), by Material (Latex and Silicon), by End User (Critical Care Units, Clinical Catheterization (Hospitals), Nursing Home Settings, Homecare, and Clinics), and

by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Size, Share, Outlook and Opportunity Analysis, 2019-2026 Foley catheters are the most commonly used devices for managing urinary incontinence.

The design of Foley catheters has not fundamentally changed over the time, although device manufacturers have introduced several modification to lessen the risk of trauma and infection associated with Foley catheters. Improvements in materials have been made from the original latex rubber to silicone and a variety of coatings such as Teflon and hydrogel have been used. The size and shape of the drainage eyes have been modified to enhance urine flow and reduce clogging. Antiseptic and antibiotic coatings on catheters have also been applied to combat the bacteria introduced into the bladder by the catheter. However, the results of these changes have been inconclusive and the Foley catheter design is believed to be a major cause for many of the complications, including urinary tract infections (UTIs), bladder spasms, cystitis, and possibly an increased risk of bladder cancer.

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REPORT DESCRIPTION Foley Catheters Market- Drivers Technological advancements in Foley catheters such as introduction of novel coatings and engineering strategies and advantages such as easy accessibility and affordability are major factors driving the Foley catheters market growth during the forecast period. The novel coating of foley catheters which may prevent catheter-associated urinary tract infections (CAUTI) Besides, increasing prevalence of kidney and other renal disorders is expected to drive growth of the Foley catheters market during the forecast period. For instance, according to National Kidney Foundation of the US, 10% of the population worldwide was affected by chronic kidney disease in 2015.

Foley Catheters Market-Restraints Urinary Tract Infection (UTI) due to insertion of Foley catheters into the bladder is a major factor restraining the Foley catheters market growth during the forecast period.

Bacteria may gain entry into the bladder during insertion of the catheter, which causes UTI. For instance, according to National Center for Biotechnology information 2014 reports, 70–80% of UTIs are caused due to use of Foley catheters.

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REPORT DESCRIPTION Foley Catheters Market-Regional Analysis On the basis of region, the Foley catheters market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold dominant position in the Foley catheters market over the forecast period, due to increasing prevalence of urological disorders in the US. For instance, according to Urology Care Foundation in 2015, a quarter to a third of men and women in the U.S. suffer from urinary incontinence.

Around 33 million people in the US have overactive bladder representing symptoms of urgency, frequency and with or without urge incontinence.

Followed by North America, Europe is expected to dominate the market for Foley catheters, owing to increasing number of hospitalized patients due to various medical complications. For instance, according to European Commission 2016 data, the average duration of hospital stay in European countries was 5.3 days to 9.6 days in 2016.

Foley Catheters Market-Competitive Landscape Key players operating in the Foley catheters market include, C.R. Bard, Inc., Teleflex Incorporated, Medtronic, Inc., ConvaTec, Inc., Medline Industries, Inc., B. Braun Melsungen AG, Create Medic Co. Ltd., Fuji Systems Corporation, and Cook Medical Group, Inc.

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