Australia Foley Catheter Market Size & Outlook, 2023-2030
Australia foley catheter market, 2018-2030 (US$M)
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Australia foley catheter market highlights
- The Australia foley catheter market generated a revenue of USD 53.2 million in 2023 and is expected to reach USD 80.7 million by 2030.
- The Australia market is expected to grow at a CAGR of 6.1% 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.
Foley catheter market data book summary
| Market revenue in 2023 | USD 53.2 million |
| Market revenue in 2030 | USD 80.7 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | 2-way foley catheters |
| Fastest growing segment | 3-way Foley Catheters |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 3.1% of the global foley catheter market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China foley catheter market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 102.8 million by 2030.
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Foley Catheter Market Scope
Foley Catheter Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia 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 49.62% in 2023. Horizon Databook has segmented the Australia 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.
Australia's Foley catheter market features a range of international and domestic companies. This includes well-known manufacturers like C. R. Bard (BD), Colo plast, Medtronic, and Teleflex Incorporated. These companies often compete based on product quality, innovation, and pricing.
Manufacturers differentiate themselves by offering a range of Foley catheter products, including different sizes, materials, and specialized variations, such as antimicrobial-coated or hydrophilic-coated catheters.
For instance, in 2022, Teleflex Incorporated launched Arrow Pressure Injectable Midline catheter in Australia, demonstrating its commitment to expanding its product portfolio in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia foley catheter market , including forecasts for subscribers. This country databook contains high-level insights into Australia foley catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia foley catheter market size, by product, 2018-2030 (US$M)
Australia Foley Catheter Market Outlook Share, 2023 & 2030 (US$M)
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