Foley Trays Market Analysis

Material (Latex, Silicone, Silicone Elastomer Coated Latex, Hydrophilic Polymer Coated Latex, Teflon Coated Latex)

In terms of material, the latex segment from the foley trays market is set to account for the substantial revenue share by the end of 2036. The cost of pure latex is low because these catheters have hydrogel, silicone, and teflon coatings, which make them soft, lubricious, reliable, and very flexible, as they improve patient safety and have a lower risk of encrustation and irritation. Due to their ability to decrease bacterial adhesion and encrustation, coated latex catheter demand is anticipated to increase in the near future.

End-Users (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Long Term Care Centers, Research Institutes)

The hospital segment in the foley trays market is anticipated to account for the highest CAGR of 35% during the forecast period. The growth of this market can be attributed to the increasing old population and the rise in the number of surgical procedures taking place in hospitals. Furthermore, the increasing use of foley trays by hospitals is also a significant factor driving the growth of this segment in the anticipated time period. The majority (approximately 75%) of UTIs that happen in hospitals are associated with urinary catheters, which are tubes that are put into the bladder via the urethra to eliminate urine. 15% to 25% of hospitalized individuals receive urinary catheters throughout their stay. Due to the significant need for Foley trays in hospitals post urologic surgeries, the market is predicted to expand quickly.

Our in-depth analysis of the global foley trays market includes the following segments: