The global urinary drainage bags market size is expected to reach USD 2.4 billion by 2027, expanding at a CAGR of 4.1%, according to a new report by Grand View Research, Inc. The increasing geriatric population, favorable reimbursement policies, and rising prevalence of urological diseases such as urinary incontinence and neurogenic bladder are the key factors driving the market.
There
has been a constant rise in the prevalence of urologic disorders, such as
urinary retention, cystitis, benign prostatic hyperplasia, incontinence of
urine, and kidney stones, which lead to bladder dysfunction. Patients suffering
from spinal cord injury or disease, multiple sclerosis, cerebrovascular
accident, or enlarged prostate usually face long-term incontinence of urine and
thus, require the drainage pouch. As per the report published by the National
Center for Biotechnology Information (NCBI) in 2020, it states that:
- In men, the prevalence of
acute urinary retention in more common than women.
- Around 10.0% of men of age
ranging from 70 to 80 are more likely to develop acute urinary retention.
The
incidence of Chronic Kidney Disease (CKD) is also rapidly increasing with the
growing elderly population worldwide. As per the report published by the CDC in
2019, 15.0% of the adults that are around 37.0 million adults in the U.S.
suffered from CKD in 2019. It also stated that in 2016, more than 125,000
people in the U.S. were treated with End Stage Kidney Disease (ESKD) and around
726,000 people were on dialysis. Therefore, such instances indicate that the
demand for the drainage pouch may increase, which, in turn, is anticipated to
propel market growth over the forecast period.
Full Research Report On Urinary Drainage Bags Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/urinary-drainage-bags-market
Urinary Drainage
Bags Market Report Highlights
- In terms of revenue, the leg
bags segment held the largest share in 2019 owing to several advantages
such as the free movement of the patients and ease of use
- The disposable segment held
the largest market share in 2019 owing to the increase in adoption of home
care treatments
- The 500-1000 ml segment is
anticipated to witness the fastest growth rate over the forecast period as
it is the standard measure for leg bags and is widely used
- The hospitals segment held
the largest market share in 2019 owing to the increase in hospital
admission across the globe due to COVID-19
- Asia Pacific is anticipated
to witness the fastest growth over the forecast period owing to the rising
number of surgeries and the presence of many local players.
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Urinary Drainage
Bags Market Segmentation
Grand View Research has segmented
the global urinary drainage bags market on the basis of product, usage,
capacity, end-use, and region:
Urinary Drainage
Bags Product Outlook (Revenue, USD Million, 2015 - 2027)
- Large Bags
- Leg Bags
Urinary Drainage
Bags Usage Outlook (Revenue, USD Million, 2015 - 2027)
- Reusable
- Disposable
Urinary Drainage
Bags Capacity Outlook (Revenue, USD Million, 2015 - 2027)
- 0-500 ml
- 500-1000 ml
- 1000-2000 ml
Urinary Drainage
Bags End-use Outlook (Revenue, USD Million, 2015 - 2027)
- Hospital
- Clinics
- Others
Urinary Drainage
Bags Regional Outlook (Revenue, USD Million, 2015 - 2027)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- Asia-Pacific
- Japan
- China
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
- Saudi Arabia
List of Key Players
of Urinary Drainage Bags Market
- ConvaTec
- Cardinal Health
- BD
- Coloplast
- MANFRED SAUER GMBH
- Teleflex Incorporated
- McKesson Medical-Surgical
Inc.
- Medline Industries, Inc.
- Amsino International, Inc.
- Flexicare Medical Limited
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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