Growth Factors of Urinary Drainage Bags Market
The global urinary drainage bags market size was valued at USD 10.07 billion in 2018 and is projected tgrow tUSD 19.64 billion by 2032, exhibiting a CAGR of 4.9% during the forecast period of 2019-2032.
The COVID-19 pandemic extensively impacted the urinary drainage luggage market due thealthcare interruption and the use of not-on-time, optionally available techniques. Hospitals prioritized COVID-19 instances, which briefly reduced the call for urinary drainage bags, impeding the urinary drainage bags market growth.
The urinary drainage baggage marketplace is pushed by using the growing occurrence of urinary incontinence and associated issues, specifically some growing old populace. Increased calls for home-based total and lengthy-time period care answers, advancements in bag designs ensuring comfort and comfort, and developing cognizance about urinary hygiene are key elements propelling the market boom.
The urinary drainage baggage marketplace is experiencing an increase pushed by factors such as an aging populace with an elevated prevalence of urinary tract issues, improvements in clinical procedures, and a growing incidence of continual illnesses, leading tthe expansion of urinary drainage bags market share globally. Key developments include the improvement of more comfortable and discreet drainage luggage, mixing anti-microbial technologies tlessen the threat of contamination, and focusing on enhancing the patient's best of existence through revolutionary designs and capabilities.
Comprehensive Analysis of Urinary Drainage Bags Market
The urinary drainage luggage market is segmented based on product kind, capability, range of chambers, and cease-users. Leg bags dominate the product type section because of their convenience, anti-reflux functions, and suitability for everyday use, even as large-capability baggage is favored for fee-effectiveness in hospitals. The 500-1000 ml ability bags segment is predicted twitness a big boom, driven by a call for active people and accelerated product launches. Single-chamber baggage preserves the most significant marketplace proportion, supported via broad availability and awareness, while multi-chamber baggage offers more suitable comfort. Among cease-users, hospitals lead due tsuperior centers and a higher volume of surgical techniques, with ambulatory surgical procedure facilities and home care settings alscontributing tmarketplace growth.
The Europe region led the urinary drainage bags market by benefitting a size of USD 467.3 million in 2018 due tincreasing healthcare expenditure and the growing occurrence of bladder cancer.
The leading players in the urinary drainage bags market significantly influence its growth trajectory and set industry standards. These key players, including Coloplast A/S, ConvaTec Group PLC, Clinisupplies Ltd. (Healthium Medtech), Flexicare Medical Limited, Teleflex Incorporated, BD, Medline Industries, Inc., Hollister Incorporated, Manfred Sauer GmbH, and others, contribute ta competitive landscape, driving innovation and market advancement.
In July 2019, Clinisupplies Ltd. Discovered a partnership with Alliance Healthcare tfacilitate the distribution and supply of its merchandise across the U.K.
Segmentation Table
ATTRIBUTE DETAILS
Study Period - 2015-2026
Base Year - 2018
Forecast Period - 2019-2026
Historical Period - 2015-2017
Unit - Value (USD Million)
Segmentation By Product
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