Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale and Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global 2-way Foley Catheter Market Size is Expected to Grow from USD 264.12 Million in 2023 to USD 476.26 Million by 2033, at a CAGR of 6.07% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global 2-way Foley Catheter Market is Size, Share, and COVID-19 Impact Analysis, By Material (Silicone Foley Catheters and Latex Foley Catheters), By Indication (Urinary Incontinence, Enlarged Prostate Gland/BPH, Spinal Cord Injury, and Others), End Use (Hospitals, Long Term Care Facilities, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
The global 2-way foley catheter market refers to the industry focused on the manufacturing, marketing, and distribution of 2-way foley catheters, which are flexible tubes with two channels used to drain urine and raise a retention balloon. Key driving factors for the growth of the 2-way foley catheter market include the increased incidences of urinary diseases, an aging population, more surgeries, and improvements in catheter designs and materials, which have all contributed to the global need for effective, secure, and enduring urine drainage treatments. However, the high expense of sophisticated catheter products restricts their use in rural and low-income healthcare environments, which hampers market expansion.
The silicone foley catheters segment accounted for the largest revenue share in 2023 and is projected to grow at a significant CAGR during the forecast period.
On the basis of material, the global 2-way foley catheter market is divided into silicone foley catheters and latex foley catheters. Among these, the silicone foley catheters segment accounted for the largest revenue share in 2023 and is projected to grow at a significant CAGR during the forecast period. The segment growth is attributed to its non-allergenic properties, improved patient comfort, decreased risk of infection, silver ion infusion, and long-term appropriateness. It is highly favored in clinical settings.
The urinary incontinence segment accounted for the largest market share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
On the basis of indication, the global 2-way foley catheter market is divided into urinary incontinence, enlarged prostate gland/BPH, spinal cord injury, and others. Among these, the urinary incontinence segment accounted for the largest market share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment growth is driven by the increasing proportion of elderly individuals, the growing number of bladder control issues, and the strong need for long-term care solutions that use 2-way foley catheters for efficient treatment.
The hospitals machinery segment accounted for the highest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
On the basis of end use, the global 2-way foley catheter market is divided into hospitals, long term care facilities, and others. Among these, the hospitals segment accounted for the highest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The segment growth can be attributed to increasing surgical procedures, a rise in urological illness cases, the accessibility of innovative treatment decision-making, and hospitals' capacity to provide specialist care for emergencies and complicated procedures.
North America is anticipated to hold the largest share of the global 2-way foley catheter market over the predicted timeframe.
North America is anticipated to hold the largest share of the global 2-way foley catheter market over the predicted timeframe. The regional market growth can be attributed because of specialists in urological and maternity care, high surgery volumes, sophisticated healthcare infrastructure, and strategic alliances like HR pharmaceuticals' commercialization of innovative catheter designs, which improve treatment efficacy and increase market presence.
Asia Pacific is expected to grow at the fastest CAGR in the global 2-way foley catheter market during the forecast period. The regional market growth is driven by increased spending on healthcare, improvements in development and research, and the growing use of creative catheter solutions that have demonstrated therapeutic value in treating ailments like postpartum hemorrhage and long-term care, especially in countries like China and India.
Company Profiling
Major vendors in the global 2-way foley catheter market are Sterimed Group., ANGIPLAST PRIVATE LIMITED, HEMC (Hospital Equipment Manufacturing Company), Cardinal Health, Advin Health Care, AdvaCare Pharma, Teleflex Incorporated, Bactiguard AB, Medtronic, B. Braun SE, Coloplast Corp, and Others.
Key Target Audience
Recent Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global 2-way foley catheter market based on the below-mentioned segments:
Global 2-way Foley Catheter Market, By Material
Global 2-way Foley Catheter Market, By Indication
Global 2-way Foley Catheter Market, By End Use
Global 2-way Foley Catheter Market, By Regional Analysis
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