Urinary Drainage Bags Market Drivers and Industry Key Events 2017–2023

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The report also profiles the leading players in the global urinary drainage bags market and gives readers a comprehensive analysis of the leading players in the global urinary drainage bags market. The report also profiles the major drivers and restraints affecting the global urinary drainage bags market. The factors making the market tick and those holding the market back are studied in detail in the report. The impact of the COVID-19 pandemic on the urinary drainage bags market is also assessed in the report.

The market’s historical growth trajectory, present conditions, and future growth prospects are studied in the report. The report provides a comprehensive overview of the market’s historical growth trajectory by detailing the historical stats regarding the market. Future projections are based on the detailed historical stats offered in the report. Based on this platform, future projections for the urinary drainage bags market’s growth trajectory over the forecast period are provided in the report.

The global urinary drainage bags market is expected to exhibit a solid 6.8% CAGR over the forecast period from 2019 to 2024, according to the latest research report from Market Research Future (MRFR). The global urinary drainage bags market was valued at USD 142.54 million in 2018, according to the MRFR report. The research report profiles the global urinary drainage bags market in great detail and provides readers with a comprehensive overview of the market.

Urinary drainage bags are used to collect urine from patients who have lost control of their bladder due to some issue. Urinary incontinence is the primary cause for using urinary drainage bags. Surgeries involving the urinary system and gynecological system are also a major cause for the use of urinary drainage bags. The growing prevalence of urinary incontinence is likely to be a major driver for the global urinary drainage bags market.

Competitive Leaderboard:

Leading players in the global urinary drainage bags market include Amsino International Inc., Coloplast, Cook Medical, C. R. Bard Inc., Medline Industries Inc., Moore Medical LLC, Pacific Hospital Supply Co. Ltd., Covidien, Flexicare Medical Limited, Plasti-med, and Teleflex Inc.

Segmentation:

The global urinary drainage bags market is segmented on the basis of type, usage, end user, and region.

By type, the global urinary drainage bags market is segmented into large bags and leg bags.

By usage, the global urinary drainage bags market is segmented into reusable urinary drainage bags and disposable urinary drainage bags.

By end use, the global urinary drainage bags market is segmented into hospitals and clinics, surgical centers, and others. The hospitals and clinics segment holds the largest share in the global urinary drainage bags market, due to the higher number of patients processed in hospitals and clinics than in independent surgical centers.

Regional Analysis:

The Americas are anticipated to dominate the global urinary drainage bags market over the forecast period due to the high number of patients in the region and the widespread awareness about various types of incontinence and the awareness among patients to come forward and seek a resolution for urinary incontinence. The high healthcare expenditure in North America and the strong presence of major players in the region are also leading drivers for the urinary drainage bags market in North America.

Europe is expected to hold the second largest share in the global urinary drainage bags market, followed by Asia Pacific.

 

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