Foley Catheters Market 2018 Leading Players | Coloplast Ltd, Cook, Teleflex, Medtronic and More

The Global Foley Catheters Market is expected to grow at the CAGR of ~7.8% during the forecast period and is estimated to reach USD 987.3million by 2023.

The Global Foley Catheters Market is showing the huge growth; especially because of boom in affected person population suffering with urinary tract contamination, kidney and different renal illnesses. Also increasing in growing old populace is one of the important element for the boom of Foley catheters market. According to national kidney foundation, 10% of world wide’s overall population was suffering from chronic kidney disease in 2015.

Foley catheters are don't forget very beneficial in treatment management of acute urinary retention and persistent urinary retention. Consistent with American society of nephrology, round 26 million Americans are laid low with continual kidney disorder.

Groups are displaying a lot hobby in the direction of the market of involuntary urination, as they feels there are huge opportunity and hole between the marketplace demand and deliver of effective remedies. Hence, agencies are displaying more interest in merger and acquisition sports for introducing exceptional product that meet the requirement of marketplace. the development has been made via b. Braun melsungen ag in 2016, they collaborate with Omni cell’s overall performance center and iv automation technology to boom machine interoperability and to assist decreasing the time and scientific support had to manipulate iv infusions and iv compounding.

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Also in 2016, organization released the simplest macro and micro compounder with 26-lead preassembled sets the apex compounding machine. Its miles the newest addition to b. Braun’s medical nutrition 360 presenting, that is a comprehensive technique to assembly the individualized scientific needs of sufferers and clients.

In 2015, c r bard Inc. concurs to accumulate liberator scientific and has entered into a definitive settlement to collect liberator scientific holdings inc. with the aid of this acquisition c r bard Inc. will improve its product portfolio as liberator clinical has a robust list of products thus further enhancing its high-quality of merchandise globally.

Key players for global Foley catheters market:

Some of the key players in this market are:

Braun Melsungen AG (Germany),
Coloplast Ltd (Denmark),
Cook (US),
Teleflex (US),
Medline Industries Inc. (US)
Medtronic (Republic of Ireland)

Regional Analysis:

Considering the global scenario of the market, North America is the top contributor for foley catheters. Due to large amount of money invested in R&D and advanced products development, the North American Foley catheters market was valued USD 228.8 million in 2016. Europe is not far behind and accounts for the second largest market share owing to adoption of new and advanced technologies and products; it is expected to reach USD 306.1 million by 2023.

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Germany is dominating this market while UK is the fastest growing Foley catheters market in Europe. Asia Pacific is witnessing rapid growth in this market which is mainly due to rapidly increasing prevalence of various urologic diseases and rising healthcare expenditure. Asia Pacific foley catheters market is expected to grow at a CAGR of 9.3% during the forecast period. Middle East & Africa is expected to have limited growth. Middle East is dominating this market by holding 69.3% of the market share.

Brief TOC

1 Introduction

1.1 Definition

1.2 Scope of Study

1.2.1 Research Objective

1.2.2 Assumptions & Limitations

1.2.2.1 Assumptions

1.2.2.2 Limitations

1.3 Market Structure

2 Research Methodology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

3 Market dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Macroeconomic Indicators

4 Market factor analysis

…TOC Continued

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