Foley Trays Market Trends

Growth Drivers

• Increasing Base of Geriatric Population - The elderly have been identified as the main consumers of foley trays due to the relatively high rate of urinary tract infections in people aged 60 years and older. Old men are anticipated to get affected by the diseases such as urinary incontinence, bladder obstruction or BPH. In addition to morbidity, the rate of asymptomatic bacteriuria (ASB) in older women is exponentially higher than in younger women. According to the American Society of Nephrology (ASN), the incidence of ASB is 1-2% in young women and increases to 6-16% in women aged 65 to 90 years, with a very large incidence in women. old. is 90, ranging from 22 to 43%.
• Increasing Incidence of Surgical Procedures - The increasing number of surgical procedures taking place demanding post-0perative care is another significant factor driving the growth of foley trays in the forecast time period. Foley trays are widely used during the post-operative session after a patient goes through a serious surgical procedure.   

Challenges

• Existence of Alternative Options - One factor in this market's poor growth is the availability of different therapies for urine incontinence. Patients with incontinence can benefit from fixer-occluder devices, urethral plugs, vaginal slings, and absorbent pads or underwear, and drugs like fesoterodine are more widely recognized by the general public. Furthermore, the possible dangers related to using a foley tray also somewhat restrict foley trays market expansion.
• The Negative Impact of COVID-19 Pandemic is Estimated to Pose Restriction on the Market Growth in the Upcoming Time Period.
• Side Effects of Foley Trays are Expected to Hamper the Market Growth in the Projected Period.