The global urinary drainage bags market size is expected to exhibit a solid 6.8% CAGR over the forecast period from 2019 to 2024, according to the latest research report from Market Research Future (MRFR). The global urinary drainage bags market was valued at USD 142.54 million in 2018, according to the MRFR report.
The market's historical growth trajectory, present conditions, and future growth prospects are studied in the report. The report provides a comprehensive overview of the market's historical growth trajectory by detailing the historical stats regarding the market. Future projections are based on the detailed historical stats offered in the report.
Urinary drainage bags are used to collect urine from patients who have lost control of their bladder due to some issue. Urinary incontinence is the primary cause for using urinary drainage bags.
Leading players in the global urinary drainage bags market include Amsino International Inc., Coloplast, Cook Medical, C. R. Bard Inc., Medline Industries Inc., Moore Medical LLC, Pacific Hospital Supply Co. Ltd., Covidien, Flexicare Medical Limited, Plasti-med, and Teleflex Inc.
The Americas are anticipated to dominate the global urinary drainage bags market over the forecast period due to the high number of patients in the region and the widespread awareness about various types of incontinence and the awareness among patients to come forward and seek a resolution for urinary incontinence. The high healthcare expenditure in North America and the strong presence of major players in the region are also leading drivers for the urinary drainage bags market in North America.
Europe is expected to hold the second largest share in the global urinary drainage bags market, followed by Asia Pacific.