FOLEY CATHETERS MARKET ANALYSIS

Market Challenges And Opportunities

Foley Catheters Market- Drivers

Technological advancements in Foley catheters such as introduction of novel coatings and engineering strategies and advantages such as easy accessibility and affordability are major factors driving the Foley catheters market growth during the forecast period. The novel coating of foley catheters which may prevent catheter-associated urinary tract infections (CAUTI)

Besides, increasing prevalence of kidney and other renal disorders is expected to drive growth of the Foley catheters market during the forecast period. For instance, according to National Kidney Foundation of the US, 10% of the population worldwide was affected by chronic kidney disease in 2015.

Foley Catheters Market-Restraints

Urinary Tract Infection (UTI) due to insertion of Foley catheters into the bladder is a major factor restraining the Foley catheters market growth during the forecast period. Bacteria may gain entry into the bladder during insertion of the catheter, which causes UTI. For instance, according to National Center for Biotechnology information 2014 reports, 70–80% of UTIs are caused due to use of Foley catheters.