The Foley Trays Market is expected to grow manifold in the upcoming period. With technological advancements like ML and AI being incorporated in abundance, the healthcare vertical is likely to reach the top pedestal in the years to come. There are Bluetooth-operated health monitors, which let doctors receive precise information, that too, from time to time.
Foley trays is a kit that consists of urinary catheterization essentials. This kit is sterilized to prevent incidence of bacterial infections in urinary tract. Foley trays consists of foley catheter, swab sticks, underpads, drainage bag, gloves, wipes, syringe, lubricant and collection devices. Foley catheter is a flexible tube that is passed through urethra into the bladder for drainage of urine.
Foley trays are used in case of patient that cannot urinate on their own and require monitoring of urine output. According to the Centers for Disease Control and Prevention (CDC), urinary incontinence affects at least 10 million persons in the U. S. Patients that are sedated, critically ill and on post-operative care or on life support mainly require foley trays.
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Due to the Covid-19 pandemic, lockdown has been implemented in several countries leading to delay of manufacturing activities. There is also observed disruption of supply chain due to restriction laid on import and export activities across border impacting foley trays market. There has been significant decline in hospital visits and surgical procedures amid pandemic delaying growth of foley trays market.
Rise in number of surgical procedures requiring post-operative care will increase demand for foley trays market during the forecast period. Increasing prevalence of urological disorders boosts foley trays market demand. Rapidly increasing geriatric population is expected to boost dependency on foley trays market. Favourable reimbursement policies in developed countries will propel demand for foley trays market in coming decade.
Increased awareness and treatment seeking rate is expected to drive growth of foley trays market. Whereas, alternative treatment options for urinary continence and procedure associated side effects are expected to hinder growth of foley trays market.
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Market Segmentation
| Based on catheter type |
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| Based on material |
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| Based on indication |
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| Based on the gender |
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| Based on the end-users |
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Key Players
Some key players contributing in foley trays market are Medtronic plc, C. R. Bard, Inc., B. Braun Melsungen AG, Teleflex, Inc., Hollister Inc., Boston Scientific Corporation, Cook Medical, Cardinal Health Inc., Medline Industries, Inc., Urocare Products Inc., ConvaTec Inc., Coloplast Ltd., Cure Medical, LLC., and others.
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