Foley Trays Market Share

  • Report ID: 5346
  • Published Date: Oct 30, 2023
  • Report Format: PDF, PPT

Foley Trays Market Share

North America Market Forecasts

The foley trays market in the North America region is predicted to hold the highest revenue share of 35% by the end of 2036. During the projection period, it is anticipated that the elderly population in North America will grow along with the incidence of urologic illnesses such as urine retention and prostate enlargement that will increase the demand for urology devices. The American Academy of Family Physicians (AAFP) estimates that between 4.5 and 6.8 males per 1,000 experience urinary retention annually in the United States. The number of urological procedures conducted around the nation has increased the need for foley trays. In the United States, over 250,000 surgical treatments to treat BPH are performed each year, leading to 2 million visits to the clinic. throughout the upcoming years, this is probably going to increase demand for Foley trays throughout the nation.

Asia Pacific Market Statistics

Europe foley trays market is to generate noteworthy revenue by the end of 2036. This growth is anticipated by the increasing government support for the development of new medical aids. A survey conducted by WHO found that a significant proportion of deaths from urinary tract infections are associated with indwelling catheterization. Indwelling urinary catheters prolong patient stays in hospital, resulting in direct costs of up to USD 2 billion for national health services. This has given rise to the need for highly effective catheters with minimal side effects. To eliminate deaths and costs, medical institutions in the region have mandated routine catheter replacement, driving demand for large quantities of devices in hospitals and medical centers.

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Author Credits:  Radhika Pawar


  • Report ID: 5346
  • Published Date: Oct 30, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing prevalence of urological illness and growing geriatric population are some of the major factors anticipated to drive the growth of the foley trays market.

The market is anticipated to attain a CAGR of ~8% over the forecast period, i.e., 2024-2036.

The major players in the market are of Medtronic Plc, Boston Scientific Corporation, C.R. Bard Inc., B. Braun Melsungen AG, Teleflex Inc., Hollister Inc., Cardinal Health Inc., Cure Medical LLC., and others.

The hospital segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in North America is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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