Leading Urinary Drainage Bags Country Markets Databank
The Urinary Drainage Bags market was valued at $1,800.0 Million in 2020, and is projected to reach $2,392.0 Million by 2029 growing at a CAGR of 3.26% from 2021 to 2029. North America is expected to be the highest contributor to this market, with $712.8 Million in 2020, and is anticipated to reach $875.8 Million by 2029, registering a CAGR of 2.35%. Asia-Pacific is anticipated to reach $652.1 Million by 2029 with the highest CAGR of 5.53%. North America and Europe collectively expected to account for about 69.9% share of the Urinary Drainage Bags market in 2020, with the former constituting around 39.6% share. Asia-Pacific and North America are expected to witness significant growth rates at a CAGR of 5.53% and 2.35% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 62.0% in the overall Urinary Drainage Bags market in 2020, and is anticipated to reach 63.9% by 2029.
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