Asia Pacific Foley Catheter Market Size & Outlook
Asia Pacific foley catheter market, 2018-2030 (US$M)
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Asia Pacific foley catheter market highlights
- The Asia Pacific foley catheter market generated a revenue of USD 394.9 million in 2023.
- The market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, 2-way foley catheters was the largest revenue generating product in 2023.
- 3-way Foley Catheters is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 394.9 million |
| Market revenue in 2030 | USD 613.5 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | 2-way foley catheters |
| Fastest growing segment | 3-way Foley Catheters |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 2-way Foley Catheters, 3-way Foley Catheters, 4-way Foley Catheters |
| Key market players worldwide | Sterimed Group, Angiplast, Cardinal Health Inc, Advin Health Care, Teleflex Inc, Medtronic PLC, ConvaTec Group PLC, B. Braun, BD, Hollister, Coloplast A/S ADR |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.7% of the global foley catheter market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 613.5 million by 2030.
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Foley Catheter Market Scope
Foley Catheter Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific foley catheter market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to foley catheter market will help companies and investors design strategic landscapes.
2-way foley catheters was the largest segment with a revenue share of 50.92% in 2023. Horizon Databook has segmented the Asia Pacific foley catheter market based on 2-way foley catheters, 3-way foley catheters, 4-way foley catheters covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is expected to register the fastest CAGR from 2023 to 2030. This can be attributed to a very high prevalence of kidney diseases, rapid improvements in medical infrastructure, and the availability of insurance policies.
Moreover, the presence of a large patient pool and the growing need for technologically advanced & cost-efficient healthcare solutions are expected to present significant regional growth opportunities in the market.
Furthermore, an increase in government initiatives contributes to market developments in the region. In July 2022, the Asia Pacific Society of Infection Control introduced the APSIC guide on the prevention of catheter-linked UI infections.
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Our clientele includes a mix of foley catheter market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific foley catheter market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific foley catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific foley catheter market size, by country, 2018-2030 (US$M)
Asia Pacific Foley Catheter Market Outlook Share, 2023 & 2030 (US$M)
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