Foley Trays Market - Regional Analysis
North America Market Insights
North America industry is poised to account for largest revenue share of 35% by 2035, impelled by growing prevalence of urological illness in the region. 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 Insights
Europe foley trays market is to generate noteworthy revenue by the end of 2035. 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.
