Foley Catheters Market is Booming Worldwide with C.R. Bard, Teleflex Incorporated, Medtronic, ConvaTec

Foley Catheters Market- Overview

Foley catheters are devices widely used to manage urinary incontinence. There hasn't been much fundamental change in the design of Foley catheters over the years, however, several modifications have been introduced by device manufacturers to reduce the risk to infection and trauma linked to Foley catheters. There have been advancements in the materials where the initial latex rubber is now replaced with silicone along with the usage of a range of coatings including hydrogel and Teflon. Modifications are done to the shape and size of drainage eyes for enhancing urine flow and reducing clogging. Catheters have now been applied with antibiotic and antiseptic coatings to fight the bacteria found in the bladder from the catheter. However, conclusions to the results of these changes haven’t been received yet and the design of Foley catheters is assumed to welcome many complications, such as urinary tract infections (UTIs), cystitis, bladder spasms, and perhaps an increased risk of bladder cancer.

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Foley Catheters Market- Drivers

Owing to advancements in technology for Foley catheters including the development of inventive coatings including engineering strategies along with benefits such as reasonable cost and easy accessibility are important factors expected to drive the growth of Foley catheters market during the forecast period. Moreover, catheter-associated urinary tract infections (CAUTI) can most likely be prevented with the help of novel coating of Foley catheters.

Furthermore, rising ubiquity of kidney and other renal disorders is expected to drive the Foley catheters market growth during the forecast period. For instance, as per the National Kidney Foundation of the U.S., in 2015, one tenth of population globally suffered from chronic kidney diseases.

Foley Catheters Market-Restraints

The major factor hampering growth of Foley catheters market during the forecast period is Urinary Tract Infection (UTI), caused due to inserting Foley catheters into the bladder. Causes of UTI include bacteria entering into the bladder while inserting the catheter. For instance, as per the reports of National Center for Biotechnology Information, in 2014, 70–80% of UTIs were caused owing to the usage of Foley catheters.

Foley Catheters Market-Regional Analysis

Based on region, the Foley catheters market is divided into North America, Europe, Latin America, Middle East, Asia Pacific, and Africa. Among regions, North America is expected to gain the largest share in the Foley catheters market over the forecast period, owing to increasing pervasiveness of urological diseases in the U.S. For instance, as per the Urology Care Foundation in 2015, 25-30% of the population suffers from urinary incontinence, in the U.S. Symptoms including frequency, urgency and incontinence with or without urge due to an overactive bladder is experienced by around 33 million people in the U.S.

Europe is expected to hold the second dominant position in the Foley catheters market, followed by the U.S, owing to rising number of patients hospitalized due to varied medical complications. For instance, as per the data from European Commission in 2016, the typical time-span of hospital stay in European nations was 5.3 to 9.6 days.

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Foley Catheters Market- Competitive Landscape

Major players functioning in the Foley catheters market involve, C.R. Bard, Inc., Medtronic, Inc., Teleflex Incorporated, Medline Industries, Inc., ConvaTec, Inc., Create Medic Co. Ltd., B. Braun Melsungen AG, Cook Medical Group, Inc., and Fuji Systems Corporation.

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