Global Foley catheters market to hit $1.2b by 2030

A rise in surgical procedures is driving demand.

The global Foley catheters market is expected to reach $1.2b by 2030 at a compounded annual growth rate of 5.3%, said MarketsandMarkets.

The sector’s expansion is attributed to the increasing prevalence of urinary incontinence, kidney and bladder disorders, and prostate-related conditions, particularly amongst the ageing population.

Moreover, a rise in surgical procedures performed in hospitals and ambulatory surgical centres is driving market demand.

“Technological advancements, such as antimicrobial coatings and infection-prevention designs, are also encouraging the preference for higher-quality products,” the report said.