The global foley catheter market size is anticipated to grow at a significant CAGR of around 6% during the forecast period from 2022 to 2028. The increasing prevalence rate of urinary diseases around the world is a primary factor driving the market growth. The urinary tract infection (UTI) and kidney stone are some common types of urological disorders. According to the information shared by The Urology Foundation, urinary incontinence affects 13% of women and 5% of men at some stage in their lives. It is estimated that 3-6 million people in the UK have urinary incontinence (NHS data 2021). Furthermore, the increasing adoption of minimally invasive procedures and the growing geriatric population in developing economies are further anticipated to fuel the market.
Market Drivers:
Increasing prevalence of urinary incontinence and urinary retention: The rising prevalence of urinary incontinence and urinary retention conditions, primarily driven by aging populations and the increasing incidence of chronic diseases, is a significant driver for the Foley Catheter market. Foley catheters are commonly used in the management and treatment of these conditions.
Growing geriatric population: The elderly population is more susceptible to urinary disorders, such as urinary incontinence and urinary retention, due to age-related physiological changes and the higher prevalence of comorbidities. As the global geriatric population increases, the demand for Foley catheters is expected to rise, driving market growth.
Technological advancements in catheter design and materials: Advances in catheter design, materials, and coatings have led to improved comfort, reduced complications, and enhanced performance of Foley catheters. Features such as antimicrobial coatings, hydrophilic surfaces, and balloon inflation systems contribute to better patient outcomes and increased adoption of Foley catheters.
Increasing surgical procedures and hospitalization rates: Foley catheters are commonly used in surgical procedures, postoperative care, and hospital settings to manage urinary drainage. The growing number of surgeries and hospitalizations worldwide has a direct impact on the demand for Foley catheters, driving market growth.
Preference for minimally invasive procedures: Foley catheters offer a minimally invasive alternative for managing urinary disorders, reducing the need for more invasive procedures. Patients and healthcare providers often prefer Foley catheterization due to its ease of use, convenience, and reduced risk of complications compared to other treatment options. This preference drives the demand for Foley catheters.
Favorable reimbursement policies: The availability of favorable reimbursement policies and coverage for Foley catheters in many countries has a positive impact on market growth. Reimbursement support encourages healthcare providers and patients to choose Foley catheterization, boosting market demand.
Increasing awareness and education: Growing awareness about the benefits of Foley catheters in the management of urinary disorders, coupled with educational initiatives for healthcare professionals, contributes to market growth. Continuous medical education programs and awareness campaigns help improve the understanding and utilization of Foley catheters.
Market Snapshot:
| Benchmark Year | 2022 | ||
| Market Size | $ xx.x Mnlock | ||
| Market Growth (CAGR) | ~ 6% (2023-2030) | ||
| Largest Market Share | North America | ||
| Analysis Period | 2020-2030 | ||
| Market Players | Sterimed Group., Angiplast Pvt Ltd., HEMC, Cardinal Health, and Advin Health Care |
Market Insights:
By product, the 2-way foley catheters segment is accounted to hold the largest market share in 2021
The global foley catheter market is bifurcated into product, material, indication, end-user, and geography. On the basis of product, the market is further segmented into 2-way, 3-way, and 4-way foley catheters. The 2-way foley catheters segment dominated the global market in 2021 and expected to hold a significant revenue share of around half of the market by 2028. In contrast, the 3-way foley catheters segment is estimated to register the fastest growth rate over the forecast period as it facilitates continuous bladder irrigation. Furthermore, the significant use of the product after urological surgeries or in cases of bleeding bladder or prostate tumors is further anticipated fuel the segment growth over the forecast period.
By material, the latex segment is expected to grow at the fastest CAGR over the forecast period
On the basis of material, the market is segmented into silicone foley catheters and latex foley catheters. The silicon foley catheters segment dominated the global foley catheter market in 2021 and estimated to hold a significant revenue share of around 60% market share in the estimation year. The benefits associated with the product such as long span life, large diameters, and lower risk of urinary tract infections are estimated to drive the segment growth. The latex foley catheters segment is estimated to register the highest growth rate over the forecast period. The key properties associated with the product such as thermos-sensitive and more flexible than other is a significant factor to fuel the segment growth over the forecast period.
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The foley catheter comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2022 to 2028. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.
The foley catheter market research report presents the analysis of each segment from 2019 to 2028 considering 2021 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2022 to 2028.
Historical & Forecast Period
- 2019-20 – Historical Year
- 2021 – Base Year
- 2022-2028 – Forecast Period
Market Segmentation:
By Product Type:
- 2-way Foley Catheters
- 3-way Foley Catheters
- 4-way Foley Catheters
By Material:
- Silicone Foley Catheters
- Latex Foley Catheters
By Indication:
- Urinary Incontinence
- Enlarged Prostate Gland/BPH
- Spinal Cord Injury
- Others
By End-Use Industry:
- Hospitals
- Long Term Care Facilities
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Regional Analysis:
By region, North America held the largest revenue share of the global market in 2021
Geographically, North America dominated the global foley catheters market in 2021 and expected to hold a significant revenue share of around 1/3 market share by the end of the analysis period. The growing prevalence of chronic kidney disease and the significant growth in geriatric population are some major factors driving the market growth. Furthermore, the increasing incidence of urinary incontinence among people is further anticipated to fuel the market growing in North America. According to the National Association for Continence, approximately 25 million people in the US suffer from some kind of urinary incontinence, with 75% to 80% of the female population.
The foley catheter market report comprises dedicated sections centering on the regional market revenue and trends. The foley catheter market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The foley catheter market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Foley catheter market estimates have also been provided for the historical years 2019 & 2020 along with forecasts for the period from 2022 – 2028.
Competitive Assessment:
Some of the prominent market players operating in the global foley catheter market are Sterimed Group., Angiplast Pvt Ltd., HEMC, Cardinal Health, and Advin Health Care. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.
Key Companies:
- Sterimed Group.
- Angiplast Pvt Ltd.
- HEMC (Hospital Equipment Manufacturing Company)
- Cardinal Health
- Advin Health Care
- AdvaCare Pharma
- Teleflex Incorporated
- GWS Surgicals LLP
- BACTIGUARD AB
- Medtronic
- Convatec Inc.
Key Questions Answered by Foley Catheter Market Report
- Global foley catheter market forecasts from 2022-2028
- Regional market forecasts from 2022-2028 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
- Country-level forecasts from 2022-2028 covering 15 major countries from the regions as mentioned above
- Foley catheter submarket forecasts from 2022-2028 covering the market by product type, material, indication, end-user, and geography
- Various industry models such as SWOT analysis, Value Chain Analysis about the market
- Analysis of the key factors driving and restraining the growth of the global, regional, and country-level foley catheter markets from 2022-2028
- Competitive Landscape and market positioning of the top 10 players operating in the market
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions
2. Executive Summary
2.1. Global Foley Catheter Market Portraiture
2.2. Global Foley Catheter Market, by Product, 2021 (USD Mn)
2.3. Global Foley Catheter Market, by Material, 2021 (USD Mn)
2.4. Global Foley Catheter Market, by Indication, 2021 (USD Mn)
2.5. Global Foley Catheter Market, by End-User, 2021 (USD Mn)
2.6. Global Foley Catheter Market, by Geography, 2021 (USD Mn)
3. Global Foley Catheter Market Analysis
3.1. Foley Catheter Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis
4. Global Foley Catheter Market By Product, 2019 – 2028 (USD Mn)
4.1. Overview
4.2. 2-way Foley Catheters
4.3. 3-way Foley Catheters
4.4. 4-way Foley Catheters
5. Global Foley Catheter Market By Material, 2019 – 2028 (USD Mn)
5.1. Overview
5.2. Silicone Foley Catheters
5.3. Latex Foley Catheters
6. Global Foley Catheter Market By Indication, 2019 – 2028 (USD Mn)
6.1. Overview
6.2. Urinary Incontinence
6.3. Enlarged Prostate Gland/BPH
6.4. Spinal Cord Injury
6.5. Others
7. Global Foley Catheter Market By End-User, 2019 – 2028 (USD Mn)
7.1. Overview
7.2. Hospitals
7.3. Long Term Care Facilities
7.4. Others
8. North America Foley Catheter Market Analysis and Forecast, 2019 – 2028 (USD Mn)
8.1. Overview
8.2. North America Foley Catheter Market by Product, (2019-2028 USD Mn)
8.3. North America Foley Catheter Market by Material, (2019-2028 USD Mn)
8.4. North America Foley Catheter Market by Indication, (2019-2028 USD Mn)
8.5. North America Foley Catheter Market by End-User, (2019-2028 USD Mn)
8.6. North America Foley Catheter Market by Country, (2019-2028 USD Mn)
8.6.1. U.S.
8.6.1.1. U.S. Foley Catheter Market by Product, (2019-2028 USD Mn)
8.6.1.2. U.S. Foley Catheter Market by Material, (2019-2028 USD Mn)
8.6.1.3. U.S. Foley Catheter Market by Indication, (2019-2028 USD Mn)
8.6.1.4. U.S. Foley Catheter Market by End-User, (2019-2028 USD Mn)
8.6.2. Canada
8.6.2.1. Canada Foley Catheter Market by Product, (2019-2028 USD Mn)
8.6.2.2. Canada Foley Catheter Market by Material, (2019-2028 USD Mn)
8.6.2.3. Canada Foley Catheter Market by Indication, (2019-2028 USD Mn)
8.6.2.4. Canada Foley Catheter Market by End-User, (2019-2028 USD Mn)
9. Europe Foley Catheter Market Analysis and Forecast, 2019 – 2028 (USD Mn)
9.1. Overview
9.2. Europe Foley Catheter Market by Product, (2019-2028 USD Mn)
9.3. Europe Foley Catheter Market by Material, (2019-2028 USD Mn)
9.4. Europe Foley Catheter Market by Indication, (2019-2028 USD Mn)
9.5. Europe Foley Catheter Market by End-User, (2019-2028 USD Mn)
9.6. Europe Foley Catheter Market by Country, (2019-2028 USD Mn)
9.6.1. Germany
9.6.1.1. Germany Foley Catheter Market by Product, (2019-2028 USD Mn)
9.6.1.2. Germany Foley Catheter Market by Material, (2019-2028 USD Mn)
9.6.1.3. Germany Foley Catheter Market by Indication, (2019-2028 USD Mn)
9.6.1.4. Germany Foley Catheter Market by End-User, (2019-2028 USD Mn)
9.6.2. U.K.
9.6.2.1. U.K. Foley Catheter Market by Product, (2019-2028 USD Mn)
9.6.2.2. U.K. Foley Catheter Market by Material, (2019-2028 USD Mn)
9.6.2.3. U.K. Foley Catheter Market by Indication, (2019-2028 USD Mn)
9.6.2.4. U.K. Foley Catheter Market by End-User, (2019-2028 USD Mn)
9.6.3. France
9.6.3.1. France Foley Catheter Market by Product, (2019-2028 USD Mn)
9.6.3.2. France Foley Catheter Market by Material, (2019-2028 USD Mn)
9.6.3.3. France Foley Catheter Market by Indication, (2019-2028 USD Mn)
9.6.3.4. France Foley Catheter Market by End-User, (2019-2028 USD Mn)
9.6.4. Spain
9.6.4.1. Spain Foley Catheter Market by Product, (2019-2028 USD Mn)
9.6.4.2. Spain Foley Catheter Market by Material, (2019-2028 USD Mn)
9.6.4.3. Spain Foley Catheter Market by Indication, (2019-2028 USD Mn)
9.6.4.4. Spain Foley Catheter Market by End-User, (2019-2028 USD Mn)
9.6.5. Italy
9.6.5.1. Italy Foley Catheter Market by Product, (2019-2028 USD Mn)
9.6.5.2. Italy Foley Catheter Market by Material, (2019-2028 USD Mn)
9.6.5.3. Italy Foley Catheter Market by Indication, (2019-2028 USD Mn)
9.6.5.4. Italy Foley Catheter Market by End-User, (2019-2028 USD Mn)
9.6.6. Rest of Europe
9.6.6.1. Rest of Europe Foley Catheter Market by Product, (2019-2028 USD Mn)
9.6.6.2. Rest of Europe Foley Catheter Market by Material, (2019-2028 USD Mn)
9.6.6.3. Rest of Europe Foley Catheter Market by Indication, (2019-2028 USD Mn)
9.6.6.4. Rest of Europe Foley Catheter Market by End-User, (2019-2028 USD Mn)
10. Asia Pacific Foley Catheter Market Analysis and Forecast, 2019 – 2028 (USD Mn)
10.1. Overview
10.2. Asia Pacific Foley Catheter Market by Product, (2019-2028 USD Mn)
10.3. Asia Pacific Foley Catheter Market by Material, (2019-2028 USD Mn)
10.4. Asia Pacific Foley Catheter Market by Indication, (2019-2028 USD Mn)
10.5. Asia Pacific Foley Catheter Market by End-User, (2019-2028 USD Mn)
10.6. Asia Pacific Foley Catheter Market by Country, (2019-2028 USD Mn)
10.6.1. China
10.6.1.1. China Foley Catheter Market by Product, (2019-2028 USD Mn)
10.6.1.2. China Foley Catheter Market by Material, (2019-2028 USD Mn)
10.6.1.3. China Foley Catheter Market by Indication, (2019-2028 USD Mn)
10.6.1.4. China Foley Catheter Market by End-User, (2019-2028 USD Mn)
10.6.2. Japan
10.6.2.1. Japan Foley Catheter Market by Product, (2019-2028 USD Mn)
10.6.2.2. Japan Foley Catheter Market by Material, (2019-2028 USD Mn)
10.6.2.3. Japan Foley Catheter Market by Indication, (2019-2028 USD Mn)
10.6.2.4. Japan Foley Catheter Market by End-User, (2019-2028 USD Mn)
10.6.3. India
10.6.3.1. India Foley Catheter Market by Product, (2019-2028 USD Mn)
10.6.3.2. India Foley Catheter Market by Material, (2019-2028 USD Mn)
10.6.3.3. India Foley Catheter Market by Indication, (2019-2028 USD Mn)
10.6.3.4. India Foley Catheter Market by End-User, (2019-2028 USD Mn)
10.6.4. Rest of Asia Pacific
10.6.4.1. Rest of Asia Pacific Foley Catheter Market by Product, (2019-2028 USD Mn)
10.6.4.2. Rest of Asia Pacific Foley Catheter Market by Material, (2019-2028 USD Mn)
10.6.4.3. Rest of Asia Pacific Foley Catheter Market by Indication, (2019-2028 USD Mn)
10.6.4.4. Rest of Asia Pacific Foley Catheter Market by End-User, (2019-2028 USD Mn)
11. Latin America (LATAM) Foley Catheter Market Analysis and Forecast, 2019 – 2028 (USD Mn)
11.1. Overview
11.2. Latin America Foley Catheter Market by Product, (2019-2028 USD Mn)
11.3. Latin America Foley Catheter Market by Material, (2019-2028 USD Mn)
11.4. Latin America Foley Catheter Market by Indication, (2019-2028 USD Mn)
11.5. Latin America Foley Catheter Market by End-User, (2019-2028 USD Mn)
11.6. Latin America Foley Catheter Market by Country, (2019-2028 USD Mn)
11.6.1. Brazil
11.6.1.1. Brazil Foley Catheter Market by Product, (2019-2028 USD Mn)
11.6.1.2. Brazil Foley Catheter Market by Material, (2019-2028 USD Mn)
11.6.1.3. Brazil Foley Catheter Market by Indication, (2019-2028 USD Mn)
11.6.1.4. Brazil Foley Catheter Market by End-User, (2019-2028 USD Mn)
11.6.2. Mexico
11.6.2.1. Mexico Foley Catheter Market by Product, (2019-2028 USD Mn)
11.6.2.2. Mexico Foley Catheter Market by Material, (2019-2028 USD Mn)
11.6.2.3. Mexico Foley Catheter Market by Indication, (2019-2028 USD Mn)
11.6.2.4. Mexico Foley Catheter Market by End-User, (2019-2028 USD Mn)
11.6.3. Rest of Latin America
11.6.3.1. Rest of Latin America Foley Catheter Market by Product, (2019-2028 USD Mn)
11.6.3.2. Rest of Latin America Foley Catheter Market by Material, (2019-2028 USD Mn)
11.6.3.3. Rest of Latin America Foley Catheter Market by Indication, (2019-2028 USD Mn)
11.6.3.4. Rest of Latin America Foley Catheter Market by End-User, (2019-2028 USD Mn)
12. Middle East and Africa Foley Catheter Market Analysis and Forecast, 2019 – 2028 (USD Mn)
12.1. Overview
12.2. MEA Foley Catheter Market by Product, (2019-2028 USD Mn)
12.3. MEA Foley Catheter Market by Material, (2019-2028 USD Mn)
12.4. MEA Foley Catheter Market by Indication, (2019-2028 USD Mn)
12.5. MEA Foley Catheter Market by End-User, (2019-2028 USD Mn)
12.6. Middle East and Africa Foley Catheter Market, by Country, (2019-2028 USD Mn)
12.6.1. GCC
12.6.1.1. GCC Foley Catheter Market by Product, (2019-2028 USD Mn)
12.6.1.2. GCC Foley Catheter Market by Material, (2019-2028 USD Mn)
12.6.1.3. GCC Foley Catheter Market by Indication, (2019-2028 USD Mn)
12.6.1.4. GCC Foley Catheter Market by End-User, (2019-2028 USD Mn)
12.6.2. South Africa
12.6.2.1. South Africa Foley Catheter Market by Product, (2019-2028 USD Mn)
12.6.2.2. South Africa Foley Catheter Market by Material, (2019-2028 USD Mn)
12.6.2.3. South Africa Foley Catheter Market by Indication, (2019-2028 USD Mn)
12.6.2.4. South Africa Foley Catheter Market by End-User, (2019-2028 USD Mn)
12.6.3. Rest of MEA
12.6.3.1. Rest of MEA Foley Catheter Market by Product, (2019-2028 USD Mn)
12.6.3.2. Rest of MEA Foley Catheter Market by Material, (2019-2028 USD Mn)
12.6.3.3. Rest of MEA Foley Catheter Market by Indication, (2019-2028 USD Mn)
12.6.3.4. Rest of MEA Foley Catheter Market by End-User, (2019-2028 USD Mn)
13. Company Profiles
13.1. Sterimed Group.
13.1.1. Business Description
13.1.2. Financial Health and Budget Allocation
13.1.3. Product Positions/Portfolio
13.1.4. Recent Development
13.1.5. SWOT Analysis
13.2. Angiplast Pvt Ltd.
13.2.1. Business Description
13.2.2. Financial Health and Budget Allocation
13.2.3. Product Positions/Portfolio
13.2.4. Recent Development
13.2.5. SWOT Analysis
13.3. HEMC (Hospital Equipment Manufacturing Company)
13.3.1. Business Description
13.3.2. Financial Health and Budget Allocation
13.3.3. Product Positions/Portfolio
13.3.4. Recent Development
13.3.5. SWOT Analysis
13.4. Cardinal Health
13.4.1. Business Description
13.4.2. Financial Health and Budget Allocation
13.4.3. Product Positions/Portfolio
13.4.4. Recent Development
13.4.5. SWOT Analysis
13.5. Advin Health Care
13.5.1. Business Description
13.5.2. Financial Health and Budget Allocation
13.5.3. Product Positions/Portfolio
13.5.4. Recent Development
13.5.5. SWOT Analysis
13.6. AdvaCare Pharma
13.6.1. Business Description
13.6.2. Financial Health and Budget Allocation
13.6.3. Product Positions/Portfolio
13.6.4. Recent Development
13.6.5. SWOT Analysis
13.7. Teleflex Incorporated
13.7.1. Business Description
13.7.2. Financial Health and Budget Allocation
13.7.3. Product Positions/Portfolio
13.7.4. Recent Development
13.7.5. SWOT Analysis
13.8. GWS Surgicals LLP
13.8.1. Business Description
13.8.2. Financial Health and Budget Allocation
13.8.3. Product Positions/Portfolio
13.8.4. Recent Development
13.8.5. SWOT Analysis
13.9. BACTIGUARD AB
13.9.1. Business Description
13.9.2. Financial Health and Budget Allocation
13.9.3. Product Positions/Portfolio
13.9.4. Recent Development
13.9.5. SWOT Analysis
13.10. Medtronic
13.10.1. Business Description
13.10.2. Financial Health and Budget Allocation
13.10.3. Product Positions/Portfolio
13.10.4. Recent Development
13.10.5. SWOT Analysis
13.11. Convatec Inc.
13.11.1. Business Description
13.11.2. Financial Health and Budget Allocation
13.11.3. Product Positions/Portfolio
13.11.4. Recent Development
13.11.5. SWOT Analysis
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