Urinary Drainage Bags Market Size, Share, Demand, Key Players, Trends, Competitive and Regional Forecast To 2030
Urinary Drainage
Bags Market Highlights
The urinary
drainage bags market is expected to reach value of USD 234.58 million by 2030
at 7.34% CAGR during the forecast period.
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 several urological and gynecological surgeries, increasing prevalence of
urinary incontinence, increasing geriatric population.
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. Alzheimer’s disease is a type of dementia that
causes debilitating problems with memory, thinking, and behaviour. Alzheimer’s
disease often has problems with urinary incontinence. According to the World
Population Prospects by the United Nations, approximately 962 million older
population aged 60 and above were present globally as of 2017. This represents
about 13% of the global population. Additionally, according to WHO, it is
estimated that the world’s population aged 60 years and older are likely to
double from 12% to 22% by 2050. This increasing geriatric population is further
increasing urology disease and influencing the growth of urinary drainage bags
market.
Segmentation
The global
urinary drainage
pouch market has been segmented into type, usage, and end user.
Based on type,
market segmented into large bags, and leg bags
Based on usage, the
market is segmented into reusable urinary drainage bags, disposable urinary
drainage bags
Based on end user,
the urinary drainage
bags market report is segmented into hospitals and clinics, surgical centres, and others.
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.
Urinary Drainage Bags Market Players
The global urinary
drainage bags market players are Coloplast, Cook Medical, C. R. Bard, Inc.,
Amsino International, Inc., Medline Industries, Inc., Moore Medical LLC,
Flexicare Medical Limited, Plasti-med and Teleflex Incorporated, Pacific
Hospital Supply Co. Ltd., and Covidien.
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