Urinary Drainage Bags Market Size And Forecast
Urinary Drainage Bags Market size was valued at USD 1.89 Billion in 2021 and is projected to reach USD 3.08 Billion by 2030, growing at a CAGR of 5.67% from 2022 to 2030.
The increasing geriatric population, favorable reimbursement policies, and rising prevalence of urological diseases such as urinary retention, cystitis, Urinary Incontinence (U.I.), benign prostatic hyperplasia, kidney stones, etc., are the key factors driving the market. The Global Urinary Drainage Bags Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Urinary Drainage Bags Market Definition
Urine Drainage bags are urine collection bags that are classified under urinary incontinence (U.I.) products. These bags are used by patients who suffer from urinary incontinence and by patients with limited mobility and bedridden patients. Urine Drainage bags are attached to the end of the catheters to collect the urine as it flows through the bladder. Urinary Drainage Bags are either small leg bags or large night bags. These are extensively used in surgical centers, hospitals, and clinics, and are available in two types i.e. Disposable and Reusable. Comparatively to reusable bags, there is a high demand for disposable bags due to the increased risk of infection pertaining to reusable urinary drainage bags.
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Global Urinary Drainage Bags Market Overview
As per the B.C. Medical Journal, there might be a approx 30% increase in the elderly population (65+ years) which will eventually contribute to the overall growth factor for the Urinary Drainage Bags Market. The Ease of use is also going to play a crucial role in increasing the market size of Urinary drainage bags in the near future. Also, privacy cover for urinary drainage bags, which gives the required comfort of use for the end-user and people around them, could be a crucial factor for market growth.
Moreover, there is an increase in the initiatives taken by several private and non-profit organizations to make people aware of incontinence care this will eventually result in the market’s development to a certain extent. The rise in Healthcare expenditure by many countries and the different capacities of urinary drainage bags offered by numerous key players are likely to boost the market during the forecasted period. However, One primary restraint for the Urinary Drainage Bag market is the catheter drainage process and related support system. This is one issue that must be adequately addressed to ensure that the urinary drainage bag market is not affected in any way in the future.
Global Urinary Drainage Bags Market Segmentation Analysis
The Global Urinary Drainage Bags Market is Segmented on the basis of Product, Usage, End-Use, and Geography.
Urinary Drainage Bags Market, By Product
• Leg Bags
• Large Bags
Based on the Product, the market is bifurcated into Leg Bags and Large Bags. Legs Bags allows free movement and can be easily carried by the patients without any feeling of heaviness. However, due to the low storage capacity, the wearer has to frequently change the drainage bags which may restrain the segment growth over the forecast period. In contrast, Large Bags are generally used in Hospitals or for Bedridden Patients and has a high storage capacity.
Urinary Drainage Bags Market, By Usage
• Reusable
• Disposable
Based on Usage, the market is Bifurcated into Reusable and Disposable Bags. The disposable Urinary Drainage Bags segment has held the largest market share of around 60% During the Base year and is anticipated to witness the fastest percentage growth in CAGR over the forecasted period. This is because The users mostly prefer disposable bags as it is easy to use and handle. Whereas In the case of reusable drainage bags, proper cleaning and disinfection are required as per the FDA guidelines so as to avoid the transmission of any kind of infection from one patient to another, Owning to which the healthcare professionals mostly prefer Disposable Bags.
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Urinary Drainage Bags Market, By End-Use
• Clinics
• Hospitals
• Others
Based on the End-Use, the market is bifurcated into Clinics, Hospitals, and Others. The Hospital segment stood with the largest market share of more than 44% during the Base Year and is anticipated to grow even further during the forecasted period, ascertaining to the rising cases of end-stage renal diseases.
Urinary Drainage Bags Market, By Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
On the basis of Geography, the Global Urinary Drainage Bags Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America has dominated the global market during the base year with a revenue share of over 40% and is anticipated to grow over the forecast period. The growth is accounted for the rising incidence of targeted diseases, such as U.I., urinary retention, Benign Prostate Hyperplasia (BPH), bladder obstruction, bladder cancer, etc. Following North America, the Asia Pacific region market is also anticipated to grow significantly during the forecast period. The increasing prevalence of BPH, spinal cord injury and UTI is driving the regional market in Asia Pacific Region.
Key Players
The “Global Urinary Drainage Bags Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Cardinal Health, ConvaTec, Inc., Teleflex, Inc., Coloplast, McKesson Medical Surgical, Inc., Amsino International, Inc., Flexicare Medical Ltd., Medline Industries, Inc., Manfred Sauer GmbH, and B.D.
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