The Europe urinary drainage bags market will grow considerably due to the wide product offerings and ease of use associated with urinary drainage bags. According to a report published by Fortune Business Insights, titled “Urinary Drainage Bags Market Size, Share & Industry Analysis, By Product (Leg Bags and Large Capacity Bags), By Capacity (0-500 ml, 500-1000 ml, 1000-2000 ml, and more than 2000 ml), By Number of Chambers (Single Chamber, 2 Chamber, 3 Chamber), End-user (Hospitals, Clinics, Ambulatory Surgical Centers, Home Care, and Others) and Regional Forecast, 2019-2026,” the market was valued at USD 469.6 Million in 2018 and is projected to reach USD 666.9 Million by 2026, exhibiting a CAGR of 4.5% during the forecast period.
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Rising Incidence of Urinanry Incontinence to Fuel Demand for Drainage Bags
Urinary drainage bags are used along with a catheter are used mostly by patients suffering from urinary incontinence. The growing adoption of urinary drainage bags by bed-ridden patients in hospitals as well as homes will aid the growth of the Europe urinary drainage bags market in the coming years. The high prevalence of urinary continence will lead to a rapid adoption of the products across the world. According to the National Health Services (NHS), an estimated 6 million people in the UK suffer from urinary incontinence. Additionally, the National Institute of Health and Clinical Excellence, around 34% of the women suffered from urinary incontinence in the UK in 2017. The severity of urinary incontinence will lead to an increased demand for the products across the Europe, subsequently aiding the urinary drainage bags market growth.The report on urinary drainage bags offers insights into the latest industry trends and provides a detailed analysis of various segments of the markets and highlights leading players and entities from all segments.
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Market HighlightsGlobal urinary drainage bags market expected to grow significantly over the forecast period.
It is anticipated that the market held a market value of USD 142.54 million in 2018 and is projected to grow at a CAGR of 6.8% over the forecast period.Urine drainage bags collect urine.
The need for a catheter and urine drainage bag is because of urinary incontinence (leakage), urinary retention (not being able to urinate), a surgery that made a catheter necessary, or another health problem.
The urinary drainage bags market is growing at a significant growth rate, the major factors influencing the growth of the market include; growing urinary infectious diseases, increase in a number of urological and gynecological surgeries, increasing prevalence of urinary incontinence, increasing geriatric population.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/8058Urinary incontinence is one of the rising urology diseases in the elderly population.
Alzheimer’s disease is a type of dementia that causes debilitating problems with memory, thinking, and behavior.
Alzheimer’s disease often has problems with urinary incontinence.According to the World Population Prospects by the United Nations, approximately 962 million older population aged 60 and above were present globally as of 2017.
