In April 2020, Bactiguard introduced the BIP Foley TempSensor, a new urinary catheter, for patients in intensive care, undergoing surgery and in other situations where continuous temperature monitoring is critical. important. BIP Foley TempSensor works in the same way as other Bactiguard products to prevent infection.
February 2019, Coloplast Corp. joined a coalition of 4,000 U.S. hospitals and 165,000 other providers to transform health care by signing a three-year group purchasing agreement for general urology products with Premier, Inc. Under the terms of the new agreement, Premier members now have access to the entire Coloplast General Urological Product Line, including catheters, drainage systems and additional supplies.
Author Credits: Radhika Gupta, Shivam Bhutani
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.