Kuwait Foley Catheter Market Size & Outlook, 2023-2030
Kuwait foley catheter market, 2018-2030 (US$M)
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Kuwait foley catheter market highlights
- The Kuwait foley catheter market generated a revenue of USD 9.5 million in 2023 and is expected to reach USD 13.4 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 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.
Foley catheter market data book summary
| Market revenue in 2023 | USD 9.5 million |
| Market revenue in 2030 | USD 13.4 million |
| Growth rate | 5% (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, Kuwait accounted for 0.5% 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 Middle East & Africa, Saudi Arabia foley catheter market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 37.7 million by 2030.
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Foley Catheter Market Scope
Foley Catheter Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait 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 51.58% in 2023. Horizon Databook has segmented the Kuwait 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 Foley catheters market players in Kuwait are increasingly adopting strategies to maintain a competitive edge, driving market growth. The growing incidence & prevalence of urological disorders can be influenced by various factors, such as the growing geriatric population.
For instance, according to the World Population Review 2020, in Kuwait, the elderly population currently represents approximately 2.33% of the total population.
It is projected that this percentage will rise to 4.41% by the year 2025 and significantly increase to 17.9% by the year 2050. This is expected to increase the demand for Foley catheters, which is expected to drive market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait foley catheter market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait foley catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait foley catheter market size, by product, 2018-2030 (US$M)
Kuwait Foley Catheter Market Outlook Share, 2023 & 2030 (US$M)
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