The Urinary Drainage Bags Global Market Report 2023, provides comprehensive information on the urinary drainage bags market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global urinary drainage bags market size 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 global urinary drainage bags market size is expected to reach $2.54 billion in 2027 at a CAGR of 6.6%.
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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.
The urinary drainage bags market is segmented:
1) By Product: Large Bags, Leg Bags
2) By Usage: Reusable, Disposable
3) By Capacity: 0-500 ml, 500-1000 ml, 1000-2000 ml
4) By End-Use: Hospital, Clinics, Other End-Users
North America was the largest region in the urinary drainage bags market in 2022.
The table of contents in TBRC’s urinary drainage bags market report includes:
1. Executive Summary
2. Transfer Switch Market Characteristics
3. Transfer Switch Market Trends And Strategies
4. Transfer Switch Market – Macro Economic Scenario
5. Transfer Switch Market Size And Growth
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26. Africa Transfer Switch Market
27. Transfer Switch Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Transfer Switch Market
29. Transfer Switch Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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