The Latin America, Middle East and Africa Foley Catheter Market would witness market growth of 7.1% CAGR during the forecast period (2022-2028).
The foley catheters could help in improving diagnostics testing along with providing enough energy that the user’s body requires for recovering after surgery or traumatic injury. Also, foley catheters are a nice option for those who are not capable of self-catheterization.
Most of the patients prefer using foley catheters over intermittent catheters as they are more convenient. Also, the acceptance of these catheters is high compared to others because they do not require repetitive insertion as needed in intermittent catheters. However, inserting any type of catheters can be a bit uncomfortable, in such cases anaesthetic gels could be utilized on the area while insertion for reducing pain.
The aged population in Middle Eastern nations is growing rapidly. Aging is considered the major factor responsible for conditions like cancer, the prevalence of urological disorders, etc. Due to this, the need for robust healthcare facilities with the wide availability of advanced medical technologies and medical devices in the region. Establishing a world-class healthcare infrastructure is the top priority of the UAE’s government. The occurrence of lifestyle diseases has increased, especially among people with high-income levels.
The Brazil market dominated the LAMEA Foley Catheter Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $42.7 million by 2028. The Argentina market is experiencing a CAGR of 7.7% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 6.8% during (2022 - 2028).
Based on Indication, the market is segmented into Urinary Incontinence, Enlarged Prostate Gland/BPH, Spinal Cord Injury and Others. Based on Product Type, the market is segmented into 2-way, 3-way and 4-way. Based on Material, the market is segmented into Silicone and Latex. Based on End-user, the market is segmented into Hospitals, Long Term Care Facilities and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Foley Catheter Market is Predict to reach $2.2 Billion by 2028, at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, B. Braun Melsungen AG, Cardinal Health, Inc., Bactiguard Holding AB, ConvaTec Group PLC, Teleflex, Inc., Coloplast Group, Sterimed Group, GWS Surgicals LLP, and Hollister, Inc.
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