To identify growth opportunities in the urinary drainage bags market, the market has been segmented into regions that are growing faster than the overall market. These regions have been pitted against regions that have a slower growth rate than the global market in 2018-2023. Asia and North America will grow faster than the overall market. The growth of Europe and ROW will be slower than the global market.
Some of the key findings from our urinary drainage bags market forecast report are summarized below
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Global urinary drainage bags industry overview
Urinary drainage bags and catheters are used by patients suffering from urinary incontinence and cannot control urine passage at will. Because of factors such as the changes in receptor response and ultrastructural bladder changes, there is a rising prevalence of urinary incontinence. Moreover, the rise in body mass index (BMI) also has a significant impact on urinary incontinence, especially urge and stress incontinence. This increased incidences of bladder incontinence will subsequently drive the demand for urinary drainage bags, augmenting the market’s growth prospects.
The peculiar anatomies of the female urogenital organs may result in urinary tract injuries and complications during gynecological surgeries which might need further surgical interventions. Urinary tract surgery also involves the insertion of a device into the bladder of the fetus to drain the urine into the amniotic sac, driving the need for urinary drainage bags. As a result, the increasing number of urological and gynecological surgeries will fuel urinary drainage bags market growth at a CAGR of 7% during the forecast period.
Top urinary drainage bags companies covered in this market research report
The global urinary drainage bags market is fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this urinary drainage bags market research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.
The report offers a detailed analysis of several urinary drainage bag companies, including:
- Cardinal Health Inc.
- Coloplast Group
- ConvaTec Group Plc
- McKesson Corp.
- Medline Industries Inc.
- Teleflex Incorporated
Urinary drainage bags market segmentation based on type
- Large capacity bags
- Leg bags
The large capacity urinary drainage bags segment will account for the largest urinary drainage bags market share. Benefits such as the reduced need to change bags frequently and large urine storage capacity and the availability of these bags from several vendors are some of the factors driving the preference for large capacity urinary drainage bags.
Urinary drainage bags market segmentation based on geographic region
- Asia
- Europe
- North America
- ROW
With a complete study of the growth opportunities for companies, it has been identified that North America will account for the largest urinary drainage bags market share throughout the forecast period. Factors such as the rising prevalence of urinary incontinence, aging population, the increasing incidence of obesity and chronic diseases, and the presence of established vendors will drive urinary drainage bags market growth in this region.
Key highlights of the global urinary drainage bags market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the urinary drainage bags market during the next five years
- Precise estimation of the global urinary drainage bags market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the urinary drainage bags industry across Asia, Europe, North America, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details of factors that will challenge the growth of urinary drainage bags companies
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