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The market for Urinary Drainage Bags was valued at approximately USD 2.1 Billion in 2023. Over the course of the forecast period (2024–2031), the market is expected to develop at a compound annual growth rate (CAGR) of 4.9%, reaching a value of USD 2.11 Billion by 2031.
One of the main reasons propelling the market's expansion during the projected time is the aging population's rapid rise, which increases the risk of urinary tract infections. Reduced pelvic floor muscle resistance, a diminished rate of detrusor muscle contraction, a diminished bladder capacity, a sensation of fullness, and an increased residual urine volume are all consequences of aging. Chronic kidney disease (CKD), leakage, and urinary incontinence (UI) are among the bladder control problems that the elderly population must deal with.
The WHO states that among those 60 years of age and above, incontinence of the bladder is a prevalent issue. It is projected by the same source that the global elderly population will rise from 9.3% in 2020 to 16.0% in 2050. Furthermore, it is anticipated that incontinence will affect about 80% of Egyptian senior women by 2020, per a study released in the BMC Geriatrics journal. The market will also be driven by the increased incidence of diabetes and hypertension, which are associated with end-stage renal illnesses. Globally, 1.28 billion people between the ages of 30 and 79 have hypertension, according to WHO research from 2023.
Urinary drainage bags are essential for collecting urine in cases of urinary incontinence, one of the most common medical diseases. This is especially true for patients who are bedridden or have restricted mobility. Globally, UI is the most prevalent condition affecting both men and women. For example, according to the National Health Service (NHS) England, approximately 34% of women and approximately 61% of men have lower urinary tract disorders.
Furthermore, the U.S. Centers for Medicare and Medicaid Services provided staff with web-based instructions and guidelines for UI care in nursing facilities. Similarly, to raise awareness about the stress UI in women, the Bladder and Bowel Foundation & Education & Resource for Improving Childhood Continence (ERIC) teamed up to produce the "Love Your Gusset" awareness campaign. It is anticipated that these approaches will simplify the administration of incontinence care. Expenditures in research and development to produce innovative and reasonably priced drainage bags are anticipated to rise due to heightened awareness and the implementation of suitable reimbursement guidelines.
The worldwide healthcare sector has faced many challenges as a result of the COVID-19 epidemic. Limited access to medical treatment led to inadequate medical facilities for patients with different ailments. The elderly and individuals with several comorbidities were more vulnerable to COVID-19 infection due to a lack of immunity. Online therapy has become popular among patients seeking help for health-related issues. Many industry participants are introducing platforms that let patients who are unable to visit medical institutions for treatment receive online counseling and guidance. For example, during the lockdown, Friends, an adult diaper company from Nobel Hygiene, started a new campaign in India asking people to detect the signs as they spent more time at home. This campaign draws attention to the problem of UI that older family members confront and provides telematics support so caregivers may continue to care for patients with UI.
The above variables should have a positive effect on product demand over the forecast term. Governments and private businesses are putting a lot of effort into trying to keep rising healthcare expenses in check. With the baby boomer generation rising and disease prevalence continuing to rise, it is expected that healthcare costs would rise during the predicted timeframe. Growth in the home healthcare sector is expected to be positively impacted throughout the projection period by the growing availability of less expensive alternatives to hospital stays. A growing number of people also require home nursing as a way to avoid going to hospitals as they get older.
The report will cover the qualitative and quantitative data on the global Urinary Drainage Bags Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.
Study Period | 2024-31 |
Base Year | 2023 |
Estimated Forecast Year | 2024-31 |
Growth Rate | CAGR of 4.9% from 2024 to 2031 |
Segmentation | By Product, By Usage, By Capacity, By End-Use, By Region |
Unit | USD Billion |
By Product |
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By Usage |
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By Capacity |
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By End-Use |
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By Region |
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Urinary Drainage Bags Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2024-2031 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
The report also helps in understanding Global Urinary Drainage Bags Market dynamics, structure by analyzing the market segments, and project the Global Urinary Drainage Bags Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Urinary Drainage Bags Market make the report investor’s guide.
The market is divided into segments based on By Product, By Usage, By Capacity, By End User.
Based on the Product of the market is segmented into Large Bags, Leg Bags.
Leg bags dominated the market in 2022 with a 58.4% revenue share, and they are predicted to increase at the quickest rate of 5.0% CAGR throughout the forecast period. The primary drivers of this segment's growth are the rise in hospital admissions worldwide and the rising prevalence of urine incontinence. Urinary leg bags are preferred by most patients because they are very user-friendly and provide complete range of motion.
The aforementioned are small, convenient packs to stow on the legs. Leg packs are useful for several types of indwelling catheter users. Urinary leg bags come in an array of styles, so users have plenty of options to select from, based on their specific requirements. Numerous major businesses are expected to supply this product, which is expected to further propel industry expansion. Furthermore, a number of drawbacks related to big-size bags, including their size, awkward fits, and limited supply, can propel the market's expansion during the projected time. Medicare approved a new undergarment made by CathWear in 2021 that makes managing leg bags simple and allows for easy draining without removing them.
Based on the End User size of the market is Segmented into Hospitals, Clinics, Others.
Hospitals had the most revenue share of 44.6% in 2022 and are predicted to expand at the fastest rate of 5.2% CAGR over the course of the forecast period. The primary drivers of the market are the growing number of surgical procedures and the increase in end-stage renal disease cases. Regarding end-stage kidney disease, the U.S. Renal Data System 2020 Annual Data Report states that around 786,000 individuals (71% on dialysis and 29% with a kidney transplant) were living in the country. Furthermore, in September 2021, renal disease affected about 1 in 5 hypertensive individuals and 1 in 3 diabetic individuals, according to the National Institute of Digestive and renal Diseases.
Urinary drainage bags are typically required for older patients upon hospital admission in order to minimize frequent movement, which is anticipated to propel the segment's expansion during the forecast period. Furthermore, one of the main drivers of the segment's growth is the increase in urological treatments and therapies. The need for hospital admissions is rising as a result of the ongoing monitoring and care required following any procedure. Furthermore, according to the Statistical Centers of National Spinal Cord Injury "Figure and Facts at a Glance 2020," there are roughly 294,000 individuals in the United States who live with spinal cord injury (SCI), and 17,810 new cases of SCI are diagnosed annually. Hospitals provide comprehensive services, efficient patient care, and a secure atmosphere.
By region, Insights into the markets in North America, Europe, Asia-Pacific, and the rest of the world are provided by the study. North America dominated the global market in 2022 with a revenue share of 39.6%, and it is expected to continue growing rapidly in the coming years. The main cause of the surge is the rising prevalence of particular conditions such benign prostatic hyperplasia (BPH), bladder cancer, bladder blockage, urine retention, and urinary retention. In 2022, 13,300 people were diagnosed with bladder cancer, and 2,500 of those individuals lost their lives to the illness, according to the Canadian Cancer Society. Thus, an increase in occurrences of bladder cancer and an increase in BPH-related surgical procedures are driving the regional market's expansion.
On the other hand, the Middle East and Africa are expected to grow at the quickest rate throughout the forecast period—5.9%—because of the variety of opportunities found in this region and because they offer a more affordable option than traditional urological medical equipment like Foley catheters, among other things. Additionally, it is anticipated that this would increase the demand for urine drainage bags during medical clinic visits, hospital stays, and visits to nursing homes in place of traditional urological surgical procedures.
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28 Mar 2023