Urinary Drainage Bags Market Size Projected To Reach USD 2.4 Billion By 2027 : Grand View Research Inc.

September 21 14:58 2020
Urinary Drainage Bags Market Size Projected To Reach USD 2.4 Billion By 2027 : Grand View Research Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The rapid rise in the geriatric population is one of the key factors responsible for the increasing demand for urinary drainage bags, as they are prone to urinary infection.

Urinary Drainage Bags Market Growth & Trends

The global urinary drainage bags market size is expected to reach USD 2.4 billion by 2027, expanding at a CAGR of 4.1%, according to a new report by Grand View Research, Inc. The increasing geriatric population, favorable reimbursement policies, and rising prevalence of urological diseases such as urinary incontinence and neurogenic bladder are the key factors driving the market.

There has been a constant rise in the prevalence of urologic disorders, such as urinary retention, cystitis, benign prostatic hyperplasia, incontinence of urine, and kidney stones, which lead to bladder dysfunction. Patients suffering from spinal cord injury or disease, multiple sclerosis, cerebrovascular accident, or enlarged prostate usually face long-term incontinence of urine and thus, require the drainage pouch. As per the report published by the National Center for Biotechnology Information (NCBI) in 2020, it states that:

  • In men, the prevalence of acute urinary retention in more common than women.

  • Around 10.0% of men of age ranging from 70 to 80 are more likely to develop acute urinary retention.

The incidence of Chronic Kidney Disease (CKD) is also rapidly increasing with the growing elderly population worldwide. As per the report published by the CDC in 2019, 15.0% of the adults that are around 37.0 million adults in the U.S. suffered from CKD in 2019. It also stated that in 2016, more than 125,000 people in the U.S. were treated with End Stage Kidney Disease (ESKD) and around 726,000 people were on dialysis. Therefore, such instances indicate that the demand for the drainage pouch may increase, which, in turn, is anticipated to propel market growth over the forecast period.

The U.S. urinary drainage bags market size, by product, 2015 - 2027 (USD Million)

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Urinary Drainage Bags Market Report Highlights

  • In terms of revenue, the leg bags segment held the largest share in 2019 owing to several advantages such as the free movement of the patients and ease of use

  • The disposable segment held the largest market share in 2019 owing to the increase in adoption of home care treatments

  • The 500-1000 ml segment is anticipated to witness the fastest growth rate over the forecast period as it is the standard measure for leg bags and is widely used

  • The hospitals segment held the largest market share in 2019 owing to the increase in hospital admission across the globe due to COVID-19

  • Asia Pacific is anticipated to witness the fastest growth over the forecast period owing to the rising number of surgeries and the presence of many local players.

Global urinary drainage bags market share, by capacity, 2019 (%)

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Urinary Drainage Bags Market Segmentation

Grand View Research has segmented the global urinary drainage bags market on the basis of product, usage, capacity, end-use, and region:

Urinary Drainage Bags Product Outlook (Revenue, USD Million, 2015 – 2027)

  • Large Bags

  • Leg Bags

Urinary Drainage Bags Usage Outlook (Revenue, USD Million, 2015 – 2027)

  • Reusable

  • Disposable

Urinary Drainage Bags Capacity Outlook (Revenue, USD Million, 2015 – 2027)

  • 0-500 ml

  • 500-1000 ml

  • 1000-2000 ml

Urinary Drainage Bags End-use Outlook (Revenue, USD Million, 2015 – 2027)

  • Hospital

  • Clinics

  • Others

Urinary Drainage Bags Regional Outlook (Revenue, USD Million, 2015 – 2027)

  • North America

    • The U.S.

    • Canada

  • Europe

    • The U.K.

    • Germany

  • Asia-Pacific

    • Japan

    • China

  • Latin America

    • Brazil

    • Mexico

  • MEA

    • South Africa

    • Saudi Arabia

List of Key Players of Urinary Drainage Bags Market

  • ConvaTec

  • Cardinal Health

  • BD

  • Coloplast

  • MANFRED SAUER GMBH

  • Teleflex Incorporated

  • McKesson Medical-Surgical Inc.

  • Medline Industries, Inc.

  • Amsino International, Inc.

  • Flexicare Medical Limited

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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