India Foley Catheter Market Size & Outlook, 2023-2030
India foley catheter market, 2018-2030 (US$M)
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India foley catheter market highlights
- The India foley catheter market generated a revenue of USD 63.9 million in 2023 and is expected to reach USD 102.8 million by 2030.
- The India market is expected to grow at a CAGR of 7% 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 63.9 million |
| Market revenue in 2030 | USD 102.8 million |
| Growth rate | 7% (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, India accounted for 3.7% 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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India 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 50.7% in 2023. Horizon Databook has segmented the India 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.
The market in India features the presence of major global manufacturers of medical devices, including Sterimed Group., Cardinal Health, Angi plast Pvt Ltd., and B. Braun, offering a wide range of products to meet the diverse needs of the Indian healthcare system.
Furthermore, India has witnessed the emergence of several domestic manufacturers specializing in Foley catheters and various medical devices, including Medx Healthcare and Ribbel International Limited. These companies are dedicated to delivering cost effective solutions and addressing the unique needs of the Indian market.
In addition, competition revolved around factors including product quality, regulatory compliance, price sensitivity, established distribution networks, and innovations to enhance patient comfort. Thus, the evolving Indian healthcare landscape, along with government initiatives to improve healthcare access and quality, significantly influence the market's competitive dynamics.
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Horizon Databook provides a detailed overview of country-level data and insights on the India foley catheter market , including forecasts for subscribers. This country databook contains high-level insights into India foley catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India foley catheter market size, by product, 2018-2030 (US$M)
India Foley Catheter Market Outlook Share, 2023 & 2030 (US$M)
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