Foley Catheters Market Professional Survey Report Industry: Key Trends, Challenges and Standardization to 2027
Verfasser: ashwani_kailiya on Tuesday, 30 June 2020The widespread outbreak of COVID-19 infections is anticipated to decline the sales in the first and second quarter of 2020, on the back of changing medical priorities. The foley catheter market was forecasted to exhibit a CAGR of 5.9% during 2020-2027, according to a market study by Fact.MR. However, the global pandemic is posing a challenge to the market and is likely to hinder the steady growth of the market.
According to the Center of Disease Control and Prevention (CDC) According to the CDC, each year, 15-25% of hospitalized patients and 5-10%, that accounts for 75,000 to 150,000 of nursing home residents receive a urinary catheter. Furthermore, the likelihood of patients and nursing home residents contracting the catheter-associated urinary tract infection (CAUTI), is very high. Moreover, according to CDC, Urinary Tract Infections (UTI) account for more than 40% of the Hospital Acquired Infections (HAI). To counter the aforementioned infections, Foley catheters are extensively used.
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