Latex Foley Catheters Market Segmentation by Type (2-way, 3-way, and 4-way Foley Catheters); by Application (Urinary Incontinence, Benign Prostatic Hyperplasia, Prostate Gland Surgery, and Others); by End User (Critical Care Units, Hospitals, Nursing Homes, Homecare, and Others); and by Patient Type (Geriatric, Adults, and Others) – Global Demand Analysis & Opportunity Outlook 2031

Buy Now Report ID: 3993 | Published Date: Feb 02, 2023

Global Latex Foley Catheters Market Regional Synopsis

On the basis of geographical analysis, the global latex Foley catheters market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific region is estimated to witness noteworthy growth over the forecast period on the back of high geriatric population, growing disposable income, and increasing availability of advanced healthcare in the region.

The market in the North America region is anticipated to gain the largest market share throughout the forecast period on the back of the increasing prevalence of kidney diseases in the region. According to the data by the U.S. National Kidney Foundation, kidney diseases affect an estimated 37 million people in the U.S. every year, which is 15% of the total adult population.

Latex Foley Catheters Market Share

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The global latex Foley catheters market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

Latex Foley Catheters Market
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Major Macro-Economic Indicators Impacting the Market Growth

Healthcare Expenditure per Capita, (USD), 2015-2018

According to the statistics by the World Health Organization, the global per capita healthcare expenditure amounted to USD 1,064.741 in the year 2017. The worldwide healthcare expenditure per person grew from USD 864.313 in 2008 to USD 1,110.841 in 2018, where the U.S. is the top country that amounted to healthcare expenditure of USD 10, 623.85 per capita in 2018. As of 2018, the domestic general government healthcare spending in the U.S. was USD 5355.79, which grew from USD 3515.82 in 2008. These are some of the factors responsible for market growth over the past few years. Moreover, as per the projections by the Centers for Medicare & Medicaid Services (CMS), the estimated average annual percent change related to National Health Expenditures (NHE) in the U.S. was 5.2% in 2020 as compared to 2019 (4.5%). Furthermore, the National Health Expenditures are projected to reach USD 6,192.5 Billion in 2028, where the per capita expenditure is estimated to touch USD 17,611 in the same year. These are notable indicators that are anticipated to create lucrative business opportunities in upcoming years.

Market Segmentation


Our in-depth analysis of the global latex Foley catheters market includes the following segments:

By Type

  • 2-way Foley Catheters
  • 3-way Foley Catheters
  • 4-way Foley Catheters

By Application

  • Urinary Incontinence
  • Benign Prostatic Hyperplasia
  • Prostate Gland Surgery
  • Others

By End-User

  • Critical Care Units
  • Hospitals
  • Nursing Homes
  • Homecare
  • Others

By Patient Type

  • Geriatric
  • Adults
  • Others

Growth Drivers

  • Increasing Global Geriatric Population
  • Rising Prevalence of Kidney Diseases


  • Higher Cost of Latex Foley Catheters

Healthcare Expenditure per Capita, (USD), 2015-2018
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Top Featured Companies Dominating the Market

    • C. R. Bard, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Medtronic plc
    • ConvaTec Group plc
    • Teleflex Incorporated
    • Medline Industries, LP
    • B. Braun Melsungen AG
    • Create Medic Co. Ltd.
    • Fuji Systems Corporation
    • Cook Group Incorporated


In The News

  • February, 2021: Koninklijke Philips N.V. announced the acquisition of BioTelemetry, Inc., a leading provider of remote diagnostics and monitoring systems, to widen the scope for early diagnosis.

  • June, 2020: GlaxoSmithKline plc and Vir Biotechnology, Inc. to conduct the Phase 3 trial of sotrovimab antimicrobial drug.


Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

Author Credits:  Radhika Gupta, Shivam Bhutani

Key Questions Answered in the Report

1) What are the major factors driving the growth of the latex foley catheters market?

Ans: The increasing prevalence of kidney disorders is estimated to boost the market growth.

2) What would be the CAGR of latex foley catheters market over the forecast period?

Ans: The market is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2022 – 2031.

3) What are the challenges affecting the latex foley catheters market growth?

Ans: Higher cost of these catheters is estimated to hamper the market growth.

4) Which region will provide more business opportunities for growth of latex foley catheters market in future?

Ans: The North America region is anticipated to provide more business opportunities over the forecast period owing to the high prevalence of kidney diseases.

5) Who are the major players dominating the latex foley catheters market?

Ans: The major players in the market are Teleflex Incorporated, Medtronic plc, ConvaTec Group plc, Teleflex Incorporated, Medline Industries, LP, B. Braun Melsungen AG, Create Medic Co. Ltd., Fuji Systems Corporation, and Cook Group Incorporated.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the latex Foley catheters market?

Ans: The market is segmented by type, application, end-user, patient age, and by region.

8) Which segment captures the largest market size in patient type segment in the latex Foley catheters market?

Ans: The geriatric segment is anticipated to hold largest market size over the forecast period and display significant growth opportunities.

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