Global Urinary Drainage Bags Market to reach USD 2.43 Billion by 2027.Global Urinary Drainage Bags Market is valued approximately at USD 1.8 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.4% over the forecast period 2021-2027. The global Urinary Drainage Bags market is being driven by rising prevalence of urologic diseases, increase in geriatric population, and increase in demand for homecare services. Furthermore, the presence of E-commerce platform and increase in the initiatives to raise incontinence awareness worldwide will provide new opportunities for the global Urinary Drainage Bags industry. For instance, according to World Health Organization, the global population of age group of above 60 is expected to rise from 7% in 2000 to 16.0% in 2050. As per a study by BMC Geriatrics journal, in Egypt, in year 2020, the rising prevalence of incontinence among elder women is anticipated at around 80%. According to the report of Phoenix Physical Therapy, in year 2020, around 200 million people were suffering from UI worldwide. As a result, increase in geriatric population and urological dysfunctions will serve as a catalyst for the Urinary Drainage Bags industry in the future. However, growing concerns regarding catheter associated urinary tract infection (CAUTI) may impede market growth over the forecast period of 2021-2027.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key region considered for the regional analysis of global urinary drainage bags market. Rising incidence of targeted diseases, such as UI, bladder obstruction, urinary retention, Benign Prostate Hyperplasia (BPH), and bladder cancer makes North America is the leading region across the world in terms of market share. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027 due to the increasing prevalence of BPH, spinal cord injury, and UTI in the region.
Major market player included in this report are:

ConvaTec Inc.
Cardinal Health
Teleflex Incorporated
Coloplast
BD (C. R. Bard)
McKesson Medical-Surgical Inc.
Amsino International, Inc.
Flexicare Medical Limited
Medline Industries, Inc.
Manfred sauer gmbh

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Large bags
Leg bags
By Capacity :
0-500 ml
500-1000 ml
1000-2000 ml
By Usage:
Reusable
Disposable


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Urinary Drainage Bags Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors