Latex Foley Catheters Market Outlook:
Latex Foley Catheters Market size was valued at USD 2 billion in 2024 and is expected to reach USD 4.15 billion by the end of 2037, registering around 8% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of latex foley catheters is evaluated at USD 3 billion.
The global patient base for latex foley catheters is primarily made up of patients in acute care settings requiring urinary drainage. They are also used in long-term care and home care settings, as they may be used in chronic cases or for patients with bladder dysfunction. The supply chain begins with natural rubber latex from Hevea brasiliensis. Foley catheters are considered medical devices (not drugs) and contain limited drug/device APIs. Both the Producer Price Index (PPI) and Consumer Price Index (CPI) for durable medical equipment show modest annual increases. There are no reliable government assessment resources that separate the PPI/CPI associated with latex.