Europe Urinary Drainage Bags Market - Growth Opportunities Created by Covid19 Outbreak. Prominent Players : Coloplast A/S , ConvaTec Group PLC , Cardinal Health , BD (Becton, Dickinson, and Company), B. Braun Melsungen AG , Clinisupplies Ltd. (HealthiumMe
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The report covers :
o Global Europe urinary drainage bags market trends, with detailed analysis on consumer trends & manufacturer trends.
o Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
o Key areas of investments identifying market opportunities and challenges in forecast time frame.
o Competitive analysis of the industry players along with the overview on strategic management.
o Comprehensive company profiles of the major industry players.
An Overview of the Impact of COVID-19 on this Market :
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of corona virus outbreak across industries to help you prepare for the future.
Click here to get the short-term and long-term impact of COVID-19 on this [Market].
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Leading Players operating in the Europe urinary drainage bags market are :
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
• Coloplast A/S
• ConvaTec Group PLC
• Cardinal Health
• BD (Becton, Dickinson, and Company)
• B. Braun Melsungen AG
• Clinisupplies Ltd. (HealthiumMedtech)
• Hollister Incorporated
• Flexicare Medical Limited
• Teleflex Incorporated
• MANFRED SAUER GMBH
Rising Incidence of Urinanry Incontinence to Fuel Demand for Drainage Bags
Urinary drainage bags are used along with a catheter are used mostly by patients suffering from urinary incontinence. The growing adoption of urinary drainage bags by bed-ridden patients in hospitals as well as homes will aid the growth of the Europeurinary drainage bags market in the coming years. The high prevalence of urinary continence will lead to a rapid adoption of the products across the world. According to the National Health Services (NHS), an estimated 6 million people in the UK suffer from urinary incontinence. Additionally, the National Institute of Health and Clinical Excellence, around 34% of the women suffered from urinary incontinence in the UK in 2017. The severity of urinary incontinence will lead to an increased demand for the products across the Europe, subsequently aiding the urinary drainage bags market growth.
The report on urinary drainage bags offers insights into the latest industry trends and provides a detailed analysis of various segments of the markets and highlights leading players and entities from all segments. The report provides a brief summary of the key opportunities in the market for the near future.
The report classifies theEurope urinary drainage bags market based on factors such as product type, capacity, number of chambers, end user and regional demographics. Among all regions, Fortune Business Insights predicts that the urinary drainage bags in Germany held the highest share in recent years. The increasing healthcare expenditure, coupled with the increasing incidence of bladder cancer and related disorders has aided the growth of the urinary drainage bags market in Germany. As per Fortune Business Insights, the Germany urinary drainage bags market was valued at USD 119.6 Mn in 2018 and is likely to grow at a healthy CAGR during the forecast period.
Leg Bag Segment to Witness the Highest Growth
The report highlights a few of the leading product types that have witnessed a huge demand across several industries. Among all product types, the leg bags segmented accounted for a dominating market share in 2018. The convenience associated with the usage of this product and the product variations have contributed to the increasing demand for the products from end users across the world. The leg bags segmented is projected to witness at a considerable CAGR during the forecast period.
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