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Urinary Drainage Bags Market to Grow at Highest Rate, Predicted to Surpass USD 2 Billion by 2031, Claims AMR
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The major urinary drainage bags market trends include rise in incidences of urological disorders. In addition, rise in ageing population as elderly patients faces bladder control issue such as leakage of urine or urinary incontinence is a major factor driving the market growth. For instance, according to the World Health Organization (WHO) in October 2021, it was reported that 1 in 6 population in the world is expected to be aged 60 years by 2030. Thus, increase in geriatric population is expected to drive the urinary drainage bags market growth.
However, lack of awareness regarding urinary drainage bags may hamper the growth of the market. On the other hand, rise in number of urological surgeries lead to increase in demand for urinary drainage bags are expected to offer profitable opportunities for the growth of the market during the urinary drainage bags market forecast.
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This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the urinary drainage bags market analysis from 2021 to 2031 to identify the prevailing urinary drainage bags market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the urinary drainage bags market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global urinary drainage bags industry.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global urinary drainage bags market trends, key players, market segments, application areas, and market growth strategies.
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β’ Based on product, the leg bags segment held largest share in the global market in 2021 and is expected to continue this trend during the forecast period
β’ Based on usage, the disposable segment held largest urinary drainage bags industry in 2021 and is expected to remain dominant throughout the forecast period.
β’ By end user, hospitals & clinics segment held largest market share in 2021 however, others segment is anticipated to grow at the highest CAGR of 4.4% during the forecast period.
β’ Based on region, North America is expected to experience growth at the highest rate, registering a CAGR of 5.2% during the forecast period.
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Medline Industries Inc
ConvaTec Group plc
Flexicare
Cardinal Health, Inc.
McKesson Corporation
B.Braun Melsung AG
Coloplast A/S
Teleflex Incorporated
Manfred Sauer GmbH
Becton, Dickinson and Company
ππ§π¨π° ππ¨π«π https://www.alliedmarketresearch.com/urinary-drainage-bags-market-A17529
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Alied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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