Europe Urinary Drainage Bags Market to Exhibit a Healthy CAGR of 4.5%; Increasing Number of Company Collaborations to Offer Several Growth Opportunities, says Fortune Business Insights

The Europe urinary drainage bags market will grow considerably due to the wide product offerings and ease of use associated with urinary drainage bags. According to a report published by Fortune Business Insights, titled “Urinary Drainage Bags Market Size, Share & Industry Analysis, By Product (Leg Bags and Large Capacity Bags), By Capacity (0-500 ml, 500-1000 ml, 1000-2000 ml, and more than 2000 ml), By Number of Chambers (Single Chamber, 2 Chamber, 3 Chamber), End-user (Hospitals, Clinics, Ambulatory Surgical Centers, Home Care, and Others) and Regional Forecast, 2019-2026,” the market was valued at USD 469.6 Million in 2018 and is projected to reach USD 666.9 Million by 2026, exhibiting a CAGR of 4.5% during the forecast period.

Request Sample PDF

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/europe-urinary-drainage-bags-market-101419

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 Europe urinary 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 the Europe 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.

Quick Buy

https://www.fortunebusinessinsights.com/checkout-page/101419

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.

Some of the leading companies that are operating in the Europe urinary drainage bags market are:

Coloplast A/S
ConvaTec Group PLC
Cardinal Health
BD (Becton, Dickinson, and Company)
Braun Melsungen AG
Clinisupplies Ltd. (Healthium Medtech)
Hollister Incorporated
Flexicare Medical Limited
Teleflex Incorporated
MANFRED SAUER GMBH
Have Any Query? Ask Our Experts:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/europe-urinary-drainage-bags-market-101419

Table of Content

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Number of Urological and Gynaecological Surgeries - 2018
Technological Advancements in Urinary Drainage Bags
Key Industry Developments – Mergers and Acquisition, 2018
Key Industry Trends
Pricing - End User
Margin - Distributor, Pharmacist
ToC Continue…!

About us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact us:

Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com

This release was published on openPR.