Silicone Foley Catheter Market Size to Reach $2.73 Billion by 2030, Driven by Advancing Healthcare Infrastructure and Urological Disorders
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The global silicone Foley catheter market size is expected to reach $2.73 billion by 2030, with a 5.81% CAGR over the forecast period.
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North America is predicted to dominate the market due to advanced healthcare infrastructure and high prevalence of urological disorders.
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Coated silicone Foley catheters are expected to dominate owing to advantages like reduced friction, better patient comfort, and lower infection risk.
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Two-way Foley catheters have been extensively used and are likely to continue dominating for drainage and monitoring in cases like urinary retention.
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Recent developments include U.S. Silica Holdings providing business minerals and last-mile logistics solutions for the oil and gas industry in March 2023.