Foley Catheter Forecast and Outlook (2024-2031)
Overview
The Global Foley Catheter Market growing at a CAGR of 5.7% during the forecast period 2024-2031.
An indwelling (Foley) catheter is a closed sterile system featuring a retention balloon and a catheter, which is inserted either through the urethra or suprapubically to facilitate bladder drainage. Foley catheters are among the most commonly used urinary catheters that drain urine from the bladder.
These thin, flexible, and sterile tubes are used to manage various acute and chronic conditions, such as urinary incontinence and benign prostatic hyperplasia (BPH). They are typically recommended for short-term use, generally less than 30 days.
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Market Growth Trends
The increasing elderly patient population globally is expected to drive market growth.
Urinary incontinence is a common condition, especially among older adults, and significantly impacts quality of life. The World Health Organization (WHO) defines older adults as those aged 65 and above, while the United Nations classifies individuals aged 60 and older in this category.
With the global population rapidly aging—currently 703 million people over the age of 65, projected to reach 1.5 billion by 2050—urinary incontinence is becoming increasingly prevalent. It affects 10–20% of all women and up to 77% of women in nursing homes, further diminishing their quality of life.
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Market is segmented
by Product Type: 2 Way Catheters,3 Way Catheters, 4-way Catheters
by Application Type: Latex, Silicone, Others
By End User: Hospitals, Ambulatory Surgery Clinics, Others
By Region: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa
Market Key Players
· B. Braun Melsungen AG
· Coloplast Corp
· Teleflex Incorporated
· BD (Becton, Dickinson, and Company)
· Cardinal Health
· Medtronic
· SunMed
· BACTIGUARD
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Catheter Stabilization Devices Market
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