Foley Catheters Market is Projected to Account for US$ XX Mn by 2025

Foley Catheters Market is Projected to Account for US$ XX Mn by 2025, Due to Increasing Demand for Surgeries and Rising Demand for Minimal Invasive Methods

“The Foley Catheters Market is anticipated to reach about US$ XX Mn by 2025, and anticipated to expand at a CAGR over six years of forecast period 2019-2025.

Precision Business Insights (PBI) in its report titled “Foley Catheters Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2018 and Forecast 2019-2025” assesses the market performance over six years forecast period from 2019 to 2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

The Foley catheters market size was accounted for US$ XX Mn in 2018 and anticipated to account for US$ XX Mn by 2025. Increased demand for surgeries will create demand for foley catheters market. The market drivers for foley catheters are increasing prevalence of urologic diseases, hospitalization, wide acceptance and use, and increasing demand from emerging market and others.

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Foley catheters market segmented on the basis of type, end-user and materials.

Increasing Urinary Incontinence to Accelerate the Market Growth

The increasing prevalence of urinary incontinence due to increasing rate of obesity and rising geriatric population is considered as one of the key factors projected to encourage the growth of the global foley catheters market in the next few years. The increasing number of surgical procedures and the favorable reimbursement environment are further estimated to accelerate the growth of the overall market in the near future.

North-America, Accounts for Major Revenue Share for Foley Catheters Market

Precision Business Insights (PBI), Foley catheters market report analyses the market in different regions North America, Europe, Asia Pacific, Latin America and Middle East and Africa. According to regional analysis, North-America accounted for major revenue share due rising urology diseases and growing geriatric population. North America has sophisticated healthcare facilities, and the reimbursement coverage contributes to the large market share of the region.

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Increasing Awareness and Government Involvement Play Vital Role in Foley Catheters Market

The Asia-Pacific is anticipated to have rapid growth in foresee period due to high government support, a large pool of geriatric population suffering from various urinary problems which requires immediate catheterization, rise in income levels, and widespread of awareness. In February 2015, TE Connectivity Corporation acquired Advanced Catheters to increase and strengthen its healthcare business.

Some of the market players in foley catheters market are Coloplast A/S. (Denmark), B. Braun Melsungen AG (Germany), Becton Dickinson & Co (U.S.), Boston Scientific Corporation (U.S.), Teleflex Incorporation (U.S.), Medtronic (U.S), CooK Medical. (U.S.), Hollister Incorporated (U.S.) and TE Connectivity Corporation (Switzerland).

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Detailed Segmentation

By Type

o Indwelling catheter
o Condom catheter
o Intermittent catheters

By End-User Type

o Hospitals
o Nursing Homes
o Home care
o Clinics
o Ambulatory Surgical Centers

Based on Materials

o Latex
o Silicone Elastomer Coated Latex
o Silicone
o Teflon Coated Latex
o Hydrophilic Polymer Coated Latex

Geography

o North America
 U.S.
 Canada
o Europe
 Germany
 UK
 France
 Russia
 Spain
 Italy
 Rest of Europe
o Asia-Pacific
 China
 Japan
 India
 ASEAN
 Rest of Asia Pacific
o Latin America
 Brazil
 Mexico
 Argentina
 Chile
 Rest of Latin America
o Middle East and Africa
 South Africa
 Saudi Arabia
 Rest of MEA

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