FOLEY CATHETERS MARKET ANALYSIS

Regional Analysis

Foley Catheters Market-Regional Analysis

On the basis of region, the Foley catheters market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold dominant position in the Foley catheters market over the forecast period, due to increasing prevalence of urological disorders in the US. For instance, according to Urology Care Foundation in 2015, a quarter to a third of men and women in the U.S. suffer from urinary incontinence. Around 33 million people in the US have overactive bladder representing symptoms of urgency, frequency and with or without urge incontinence.

Followed by North America, Europe is expected to dominate the market for Foley catheters, owing to increasing number of hospitalized patients due to various medical complications. For instance, according to European Commission 2016 data, the average duration of hospital stay in European countries was 5.3 days to 9.6 days in 2016.