Summary
Major players in the market are Convatec Group, Cardinal Health Inc., Teleflex Incorporated, Coloplast A/S, BD (Becton, Dickinson and Company), McKesson Medical Surgical, Amsino International Inc., Flexicare Medical Ltd., Medline Industries LP, Sauer Manfred GmbH, C R Bard Inc., Cook Group Incorporated, Covidien, Pacific Hospital Supply Co Ltd., and Plasti-med Plastic Medical Products.
The global urinary drainage bags market is expected to grow from $1.83 billion in 2022 to $1.97 billion in 2023 at a compound annual growth rate (CAGR) of 7.33%.The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The urinary drainage bags market is expected to reach $2.54 billion in 2027 at a CAGR of 6.6%.
The urinary drainage bags market consists of sales of bedside bags, belly bags, nephrostomy drain bags, and urinary drainage bags accessories which includes bag holders, straps, male urinal kit & parts, and drain valve.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers.
The value of goods in this market includes related services sold by the creators of the goods.
Urine drainage bags are external urine collection bags to collect urine that have been evacuated from the bladder using a catheter or sheath inserted into the patient’s bladder. It is typically used in patients or people who have urine incontinence (leakage), urinary retention (inability to urinate), surgery that necessitates the use of a catheter, or another health concern.
North America was the largest region in the urinary drainage bags market in 2022.Asia-Pacific is expected to be the fastest-growing region in the forecast period.
The regions covered in the urinary drainage bags report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main products of urinary drainage bags are large bags and leg bags.Large bags are normally placed away from the body on a floor stand or a hanger that hooks onto the frame of a bed or chair.
Large urinary disposable bags are used day or night by people who are immobile or in bed for long periods.The urinary drainage bags are reusable and disposable with capacities of 0–500 mL, 500–1000 mL, and 1000–2000 mL.
The urinary drainage bags is used by hospital, clinics and others.
Rising prevalence of urologic diseases is expected to propel the growth of urniary drainage bags market going forward.Urologic illnesses are a set of medical ailments that affect the anatomy or function of the kidneys, ureters, and bladder.
Urinary drainage bags are commonly used by people suffering from urologic diseases such as urinary incontinence (leakage) and urinary retention (inability to urinate), as they facilitate urine collection from the bladder by inserting a catheter or sheath into the patient’s bladder to provide a clean, safe, and easy solution for urine drainage and to reduce the risk of urinary tract infection.For instance, according to the Mayo Clinic Health Systems report in November 2022, a US-based healthcare company, urine incontinence or involuntary urine leaking is a frequent ailment that affects 50% of adult females.
The prevalence of this disease rises with age, with up to 75% of women over 65 reporting urine leakage.Furthermore, in 2022, according to the American Cancer Society’s report, a US-based voluntary health organization dedicated to cancer, there will be around 81,180 new cases of bladder cancer per year (about 61,700 in men and 19,480 in women) and around 17,100 fatalities (about 12,120 in men and 4,980 in women).
Therefore, the rising prevalence of urologic diseases is driving the growth of the urinary drainage bags market.
Product innovation is a key trend in the urinary drainage bags market.Major companies operating in the market are focused on research and development for product innovations to sustain their position in the market.
For instance, in December 2021, Otsuka Pharmaceutical Co. Ltd., a Japan-based pharmaceutical company, launched Actreen, a medical device consisting of an intermittent urological catheter and urine collection bag. Actreen is a single-use catheter made up of a catheter (tube) and a connection that can be used during self-catheterization in people who have lost the desire to urinate or who have difficulties urinating normally. The catheter’s surface is coated with a hydrophilic lubricant, allowing it to be used immediately after opening. It also provides a product with an integrated urine collection bag for simple urine drainage.
In July 2021, Healthium Medtech, an India-based company operating in advanced surgery, consumables, minimally invasive solutions, and urology consumables, acquired VitalCare Group for an undisclosed amount.Through this acquisition, Healthium Medtech aims to expand its urology production capabilities and improve in-house R&D, strengthening its foothold in the urology industry in Europe and the United States.
VitalCare Group is a UK-based manufacturer of urology consumable care products.
The countries covered in the urinary drainage bags market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The urinary drainage bags market research report is one of a series of new reports that provides urinary drainage bags market statistics, including urinary drainage bags industry global market size, regional shares, competitors with a urinary drainage bags market share, detailed urinary drainage bags market segments, market trends and opportunities, and any further data you may need to thrive in the urinary drainage bags industry. This urinary drainage bags market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
