Urinary Drainage Bags Market Growth, Trend Analytics and Global Forecast to 2024


Posted March 13, 2020 by gadewarshri2019

Urinary Drainage Bags Market Growth expected to grow significantly over the forecast period

 
Urinary Drainage Bags Market Highlights:
Urine drainage bags collect urine. Urine bags are attached to a catheter (tube) that is inside the bladder. The need for a catheter and urine drainage bag is because of urinary incontinence (leakage), urinary retention (not being able to urinate), a surgery that made a catheter necessary, or another health problem. The urinary drainage bags market is growing at a significant growth rate, the major factors influencing the growth of the market include; growing urinary infectious diseases, increase in a number of urological and gynecological surgeries, increasing prevalence of urinary incontinence, increasing geriatric population.

Global Urinary Drainage Bags Market Growth expected to grow significantly over the forecast period. It is anticipated that the market held a market value of USD 142.54 million in 2018 and is projected to grow at a CAGR of 6.8% over the forecast period.
Urinary incontinence is one of the rising urology diseases in the elderly population. Age is a major risk factor for several physical, mental, and economically devastating health disorders.
As the aging population keeps on expanding, urologists will be challenged to manage diseases like Benign Prostatic Obstruction (BPO) in the elderly population, which may raise their risk of surgical inconveniences. As per the Canadian journal of urology, approximately 30% of patients with Lower Urinary Tract Side-Effects (LUTS) will fail to achieve agreeable improvement with lifestyle medications and modifications alone. Although different reviews by the Canadian diary of urology recommend that mortality and morbidity rates of around 0.2% and 18% respectively transurethral resection of the prostate (TURP) remains the golden standard for treatment. Thus, with growing mortality and morbidity rates for urinary infections, the global urinary drainage bags market is expected to grow in the coming future.
Urinary Drainage Bags Market Key Players:
• Coloplast
• Cook Medical
• C. R. Bard
• Amsino International
• Medline Industries
• Moore Medical LLC
• Flexicare Medical Limited
• Plasti-med and Teleflex Incorporated
• Pacific Hospital Supply Co
• Covidien
Segmentation:
• The global urinary drainage bags market has been segmented into type, usage, and end user.
• Based on type, market segmented into large bags, and leg bags
• On the basis of usage, the market is segmented into reusable urinary drainage bags, disposable urinary drainage bags
• Based on end user, the urinary drainage bags market is segmented into hospitals and clinics, surgical centers, and others.

Urinary Drainage Bags Market Regional Analysis:
Geographically the market has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
Geographically, the Americas is anticipated to dominate the global urinary drainage bags market owing to the presence of the major manufacturers, high healthcare expenditure, huge patient population. Europe is expected to hold the second largest position in the global urinary drainage bags market. Asia-Pacific is the fastest growing urinary drainage bags market owing to the increasing elderly population, rapidly improving healthcare reforms and the presence of a huge patient pool. The Middle East and Africa market for urinary drainage bags is expected to grow at a steady.
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Issued By gadewar shri
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Country India
Categories Biotech , Business , Health
Tags urinary drainage bags market , urinary drainage bags market share , urinary drainage bags market size
Last Updated March 13, 2020