Press release
Urinary Drainage Bags Market: Stunning Growth Predictions with CAGR of 9.2% and Major Key Players by 2029
Striking progression in the urinary drainage bags market with subtle changes in product design and material.What Is The Projected Market Size Of The Global Urinary Drainage Bags Market And Its Growth Rate?
The urinary drainage bags market showcases a promising growth trajectory with impressive CAGR numbers. Below are the forecasted statistics:
• The market experienced potent growth from $2.04 billion in 2024 to $2.17 billion in 2025 with a CAGR of 6.4%.
• The market size is expected to surge to $3.09 billion by 2029 at a CAGR of 9.2%.
• Chronic health conditions, cost-effectiveness, regulatory standards, and quality control contributed to the market's historic period growth.
• Aging population dynamics, shift towards home healthcare, increasing patient awareness, shift towards disposable solutions, and economic considerations are anticipated to drive future growth.
What Is Driving The Growth In The Urinary Drainage Bags Market?
The steep surge in urologic diseases globally fuels the urinary drainage bags market growth. These medical ailments, affecting organs like kidneys, ureters, and bladder, necessitate the use of urinary drainage bags for safer and easier urine collection. Discharge of these urologic diseases corresponds to diverse conditions such as urinary incontinence and urinary retention. According to Mayo Clinic Health Systems, around 50% of adult females are affected by urinary incontinence, with the prevalence increasing with age. Simultaneously, the American Cancer Society estimates about 81,180 new cases of bladder cancer per year in 2022. Hence, these rising numbers straightly back the growth of the urinary drainage bags market.
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Who Are the Key Players Driving Urinary Drainage Bags Market Growth?
The urinary drainage bags market draws potency from the following major players:
• Convatec Group
• Cardinal Health Inc
• Teleflex Incorporated
• Coloplast A/S
• Becton Dickinson and Company
• McKesson Medical Surgical
• Amsino International Inc
• Flexicare Medical Ltd
• Medline Industries LP
• Sauer Manfred GmbH
• Cook Group Incorporated
• Covidien
• Pacific Hospital Supply Co Ltd
• Plasti-med Plastic Medical Products
• Hollister Incorporated
• B. Braun Melsungen AG
• Jiangsu Kangjin Medical Instrument Co. Ltd.
• Manfred Sauer GmbH
• Clinisupplies Ltd.
• Urotech
• Urocare Products Inc.
• Urovision GmbH
• Luminor Medical Technologies Inc.
• Cogentix Medical
• Bard Medical
• Sterimed Medical Devices Private Limited
What Are The Key Trends In The Urinary Drainage Bags Market?
Major trends stimulating market growth include:
• Advancements in material technology
• Patient-centric design
• Miniaturization and portability
• Integration of smart technologies
• Customization and personalization
• Environmentally sustainable solutions
What Are The Segments Of The Global Urinary Drainage Bags Market?
Key market segments include:
1) Product: Large Bags, Leg Bags
2) Usage: Reusable, Disposable
3) Capacity: 0-500 ml, 500-1000 ml, 1000-2000 ml
4) End-Use: Hospital, Clinics, Other End-Users
Which Region Leads The Urinary Drainage Bags Market?
North America emerged as the market leader in 2024. However, Asia-Pacific exhibits the potential for the fastest growth in the coming years. Other regions under consideration in the urinary drainage bags market report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Urinary Drainage Bags Market Global Market Report?
- Market Size Analysis: Analyze the Urinary Drainage Bags Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Urinary Drainage Bags Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Urinary Drainage Bags Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Urinary Drainage Bags Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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