Number of pages: 100 | Report Format: PDF | Published date: September 29, 2022
Historical Years – 2020 | Base Year – 2021 | Forecasted Years – 2022-2030
Report Attribute |
Details |
Market size value in 2021 |
US$ 1.89 billion |
Revenue forecast in 2030 |
US$ 2.86 billion |
Growth Rate |
CAGR of 4.74% from 2022 to 2030 |
Base year for estimation |
2021 |
Forecast period |
2022-2030 |
Segments covered |
Product, Usage, Capacity, and Region. |
Regional scope |
North America, Europe, Asia Pacific, and the Rest of the World (ROW) |
The global urinary drainage bags market was pegged at US$ 1.89 billion in 2021 and is expected to witness a CAGR of 4.74% during the forecast period.
Market Fundamentals
Urinary drainage bags are external disposable bag that collect urine. Major consumers of urinary drainage bags are individuals suffering from urologic diseases such as urinary incontinence and retention, urinary tract cancers, and some chronic conditions such as paralysis, Alzheimer’s etc. Other than these healthcare professionals are preferring drainage bags for patients having mobility issues or prescribed immobility after surgeries. Urinary drainage bags come in various capacities, and come in two types a leg bag for day use and a night bag which is usually large. The bag is discarded every seven days of use.
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Market Dynamics
The global urinary drainage market is steadily expanding as a result of the growing geriatric populations suffering from incontinence, rise in gynecological and urological complications and related surgeries. Rising prevalence of chronic diseases such as diabetes and Alzheimer's also increases revenue of urinary drainage bags market. However, lack of awareness may hamper the market growth to some extent.
Market Ecosystem
The global urinary drainage bags market has been analyzed from four perspectives: product, usage, capacity, and region.
Urinary Drainage Bags Market by Product
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According to product types, the global market for urinary drainage bags is segmented into large bags, and leg bags. The leg bags At present dominate the global market, and the segment growth is mainly driven by increased prevalence of incontinence and increasing patient admissions in hospitals. Additionally, the preference of leg bags is higher due to convenience in use and free movements to the user. The leg bags are available in variety of forms, which helps the customers to choose according to their needs. The large capacity bags segment is anticipated to show high growth in the projected period due to their affordable prices and high usage in hospitals and other healthcare settings.
Urinary Drainage Bags Market by Usage
Based on usage, the global urinary drainage bags market is grouped into disposable and reusable. The disposable bags segment has dominated the global market. The growth of this segment is accounted to its high demand and convenience in use in hospital settings. Additionally, the healthcare professionals prefer disposable bags more as it potential reduces the risk of infection transmission and are budget friendly.
Urinary Drainage Bags Market by Capacity
Based on capacity, the global urinary drainage bags market is categorized into 0-500 ml, 500-1000 ml and others. The 500-1000 ml segment gathers the largest revenue share, as these products are more preferred due to higher storage capacity. Mostly healthcare professionals and patients prefer the 500-1000 ml drainage bags due to convenience in use. Additionally, as the urologic diseases are rising, the demand for 500-1000 ml segment is increasing due to its high-volume holding quality.
Urinary Drainage Bags Market by Region
Regionally, the global urinary drainage bags market has been segmented into North America, Europe, Asia Pacific, and the rest of the world. Majority market share is held by North America region. The region has the presence of major market players in the U.S., existence of advanced healthcare infrastructure, and better reimbursements and high prevalence of chronic diseases support the prominent position of North America on the global front. The market growth is also fueled by the advanced network of suppliers in North America. The region has significant potential due to presence of multitude of patients with urinary tract infections in geriatric populations. The Europe market is supported by funding of government bodies in gathering awareness related to incontinence. Agencies such as the European Union of Medical Association and National Health Service help in managing the cost burden on the patients. Asia Pacific region is expected to experience high growth during the forecast period due to consistently growing prevalence of urinary tract infections, and conditions such as benign prostatic hyperplasia, cancers and so on. The growth of Asia Pacific is also accounted by increased awareness related to incontinence care and growing rates of hospitalization for chronic disease treatments.
Competitive Landscape
Some of the prominent players operating in urinary drainage bags market are
The global urinary drainage bags market was pegged at US$ 1.89 billion in 2021 and is expected to witness a CAGR of 4.74 % during the forecast period from 2022 to 2030.
Some of the prominent players operating in the urinary drainage bags market are Cardinal Health, Inc., ConvaTec Inc., Coloplast A/S, McKesson Medical-Surgical Inc., Amsino International, Inc., Flexicare Medical Limited, Medline Industries, Inc., Teleflex Incorporated, BD (C.R. Bard), Inc., Flexicare Medical Ltd., Manfred Sauer GmbH among others.
A urinary drainage bags are external disposable bags that collect urine in case patient is suffering from incontinence or has undergone surgery mandating immobility for recovery.
The global urinary drainage bags market is expanding as a result of the growing geriatric populations suffering from incontinence. Additionally, the rise in gynecological and urological surgeries as well as the prevalence of urine incontinence are driving the market growth. Rising prevalence of chronic diseases such as diabetes and Alzheimer's also increases usage of urinary drainage bags market.
*Insights on financial performance is subject to availability of information in public domain