Urine drainage bags are utilized for urine collection. This bag is attached to a sheath or catheter (tube) inside an individual's bladder. Urinary drainage bags are utilized by patients suffering from urinary retention, urine incontinence, urological or gynecological surgeries. A patient cannot move from one place to another and has difficulties in urination or other health-related issues. A urinary catheter is placed inside the bladder via the urethra. It is placed in the bladder by a small, water-filled balloon. The catheter is joined to a bag to accumulate urine that drains through the catheter. It is available in small size leg bags as well as large size night bags. These are broadly used across hospitals, clinics, and surgical centers. Urinary drainage bags can be disposed of or reused. Demand for disposable bags is high due to the risk of infection associated with reusable urinary drainage bags.
MARKET SCOPE
The "Global Urinary Drainage Bags Market Analysis to 2028" is a specialized and in-depth study of the pharmaceuticals industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Urinary drainage bags market with detailed market segmentation by product, usage, capacity, end use, and geography. The report provides key statistics on the market status of the leading Urinary drainage bags market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
- Based on product, the global Urinary drainage bags market is segmented into large bags, leg bags.
- On the basis of usage, the market is segmented into reusable, disposable.
- On the basis of capacity, the market is segmented into 0-500 ml, 500-1000 ml, 1000-2000 ml.
- On the basis of end use, the market is segmented into hospital, clinics, others.
MARKET DYNAMICS
Drivers:
- Rise in the incidences of urological diseases.
- Rise in the geriatric population.
- Rise in the demand for home healthcare.
Restraints:
- The risks related to catheter associated urinary tract infection is the major restraining factor for this market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Urinary drainage bags market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Urinary drainage bags market in these regions.
IMPACT OF COVID-19 ON URINARY DRAINAGE BAGS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the Urinary drainage bags market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Urinary drainage bags market are anticipated to lucrative growth opportunities in the future with the rising demand for Urinary drainage bags in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Urinary drainage bags market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Amsino International, Inc.
- Coloplast
- Cook Medical (Cook Group Incorporated)
- C. R. Bard, Inc.
- Medline Industries, Inc.
- Moore Medical LLC (McKesson Medical-Surgical, Inc.)
- Pacific Hospital Supply Co. Ltd.
- Covidien (Medtronic)
- Flexicare Medical Limited
- Plasti-med
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.