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Urinary Drainage Bags Market Size to Reach USD 2.95 Billion by 2030 | SNS Insider

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Urinary Drainage Bags Market Trends and Overview

The market size of urinary drainage bags was valued at USD 2.03 billion in 2022, and it is projected to reach approximately USD 2.95 billion by 2030, exhibiting a remarkable compound annual growth rate (CAGR) of 4.8% during the forecast period of 2023-2030.

Urinary drainage bags play a crucial role in the healthcare industry, providing a convenient and hygienic solution for patients with urinary incontinence or those undergoing medical procedures. The increasing prevalence of urinary disorders, coupled with the growing geriatric population, is driving the demand for these bags.

Furthermore, advancements in technology have led to the development of innovative and user-friendly urinary drainage bags, enhancing patient comfort and reducing the risk of infections. These factors, along with the rising awareness about the importance of proper urinary care, are expected to fuel the market growth in the coming years.

Geographically, North America currently dominates the urinary drainage bags market, owing to the well-established healthcare infrastructure and high adoption rate of advanced medical devices in the region. However, the Asia Pacific region is anticipated to witness significant growth during the forecast period, primarily due to the increasing healthcare expenditure and improving healthcare facilities in emerging economies like China and India.

In conclusion, the urinary drainage bags market is poised for substantial growth in the foreseeable future, driven by factors such as the rising prevalence of urinary disorders, technological advancements, and increasing awareness about proper urinary care. Manufacturers and healthcare providers should capitalize on these opportunities to meet the growing demand and improve patient outcomes.

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KEY MARKET SEGMENTATION:

By Product

  • Large Bags
  • Leg Bags

By Usage

  • Reusable
  • Disposable

By Capacity

  • 0-500 ml
  • 500-1000 ml
  • 1000-2000 ml

By End-Use

  • Hospital
  • Clinics
  • Others

Key players

The major Key players are ConvaTec, Inc., Cardinal Health, Teleflex, Inc., Coloplast BD, McKesson Medical Surgical, Inc., Amsino International, Inc., Flexicare Medical Ltd., Medline Industries, Inc., Manfred Sauer GmbH and others.

About US:

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We assist our clients to anticipate industrial, economic, and consumer trends to drive disruptive change by fusing global experience with local information from experts throughout the world. We bring context to strategic and tactical data by bridging approaches based on data science and field research, assisting you in addressing your most pressing problems and spotting possibilities.

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Akash Anand – Head of Business Development & Strategy,

[email protected],

Phone: +1-415-230-0044 (US) | +91-7798602273 (IND),

Website: https://www.snsinsider.com

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