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Global Urinary Drainage Bags Market by Product Type (Large Bags, Leg Bags), The Urinary Drainage Bags Market in the United Kingdom is expected to grow to be worth US$ 158.2 Million by 2033.
The Urinary Drainage Bags Market was held at US$ 2 Billion in 2023 and is expected to grow at a CAGR of 6.2% from 2023 to 2033. Over the last few years, the constantly rising senior population, which is more prone to urinary infections, is one of the key reasons for the increased need for urine drainage bags. The market accounted for an absolute dollar opportunity of nearly US$ 1.8 Billion from 2023 to 2033.
Global Urinary Drainage Bags Market (2023)
US$ 2.1 Billion
Global Urinary Drainage Bags Market (2033)
US$ 3.9 Billion
Global Urinary Drainage Bags Market CAGR (2023 to 2033)
U.S. Urinary Drainage Bags Market (CAGR (2023 to 2033)
Key Companies Profiled
As per the Urinary Drainage Bags Market industry research by Persistence Market Research - a market research and competitive intelligence provider, historically, from 2018 to 2022, the market increased at around 5.2% CAGR. The market is projected to grow at a CAGR of 6.2% over the coming ten years.
Due to the high consolidation in the market, key players are concentrating their efforts on mergers and acquisitions to pursue attractive prospects. Leading manufacturers are aiming towards the commercialization of products in accordance with regulatory criteria. For example, on December 29, 2018, BD finalized the acquisition of Bard to establish a medical technology firm that is ideally positioned to improve both patient treatment and healthcare provider processes.
Extended user offerings in terms of effectiveness and convenience, as well as regulatory support, will provide opportunities for urinary bag manufacturers. Key manufacturers looking to extend their portfolios and distribution networks can also seek developing countries as promising investment opportunities. Hollister Incorporated opened a new distribution center in Oud Gastel, Netherlands, in 2018.
Increasing healthcare spending and awareness among physicians and patients in developing nations such as China, Russia, and India is predicted to open up considerable prospects for global market players. According to the William Beaumont Hospital in Michigan, nearly 17% of Thailand's geriatric population has urine incontinence, with 13% in the Philippines, India, and South Korea.
According to a report published by the National Association for Continence in 2018, urinary incontinence disorders are particularly widespread in adults over the age of 40. The condition has a negative impact on one's quality of life and increases the risk of morbidity and mortality.
The market participants are raising awareness about urinary bags through a variety of apps and marketing activities. Australian patients who have been encouraged by their healthcare professionals to get a comprehensive evaluation of illnesses related to the bladder can use the Continence Care management services provided by the Commonwealth of Australia. It also has a continence helpline where you can get expert guidance on goods.
According to the American Society of Nephrology, urological diseases are the third most prevalent health concern among the elderly, accounting for nearly half of all doctor visits. Ulcerative colitis and inflammatory bowel disease (IBD) have become increasingly common in recent years, particularly among the elderly. In industrialized economies, many diseases are frequent, with a higher prevalence in cities.
According to UN world population figures, European countries like Sweden and Germany have seen significant growth in the number of elderly people. Furthermore, Healthcare providers prefer disposable urine drainage bags over traditional urinary bags because they lower the danger of infection transfer.
Which region is the significant market for Urinary Drainage Bags?
With a revenue share of over 39% in 2020, North America accounted for a significant share of the global market and is projected to increase at a CAGR of over 6% over the forecast period.
The growing prevalence of disorders like UI, bladder obstruction, urine retention, Benign Prostate Hyperplasia (BPH), and bladder cancer is driving the regional market. According to the American Academy of Family Physicians (AAFP), more than 250,000 BPH patients get surgery each year.
According to the Canadian Cancer Society, bladder cancer is the second most common cancer to be released in North America in 2020, affecting around 12,200 people and resulting in 2,600 deaths from it. As a result, the market in North America is being driven by an increase in demand for treatments such as prostate surgery, as well as an increase in instances of bladder cancer.
United States Urinary Bags Market Analysis:
Over 90% of the market in North America is dominated by the United States. The infrastructure and spending of the American healthcare system are significantly high as compared to the rest of the world.
Regulations and insurance policies influence applications in cancer care facilities and hospitals, which promotes market growth in the country. According to the Urology Care Foundation, in the United States in 2019, overactive bladder problems affected 40% of women and 30% of men.
The government and regulatory agencies in the United States help the healthcare sector are implementing several cost-cutting measures. The United States government is taking steps to stimulate various research activities related to the development and treatment of urinary illnesses.
Vascular Solutions, Inc. and NeoTract, Inc. were two large-scale purchases that Telefex performed. Overactive bladder problems affect about 33 million people in the United States, whereas urine incontinence affects around 13 million people. Owing to these factors, the demand for urinary bags will escalate in the country.
China Urinary Bags Market Analysis:
The market in China is projected to grow at a CAGR of 7.7% during the forecast period, while the market value is predicted to reach roughly US$ 447.1 Million by 2033.
China is the world's second-largest pharmaceutical market, with significant development driven by two key factors: large-scale capital investment and rapid productivity growth. These two elements have positioned the country as a desirable investment and savings destination for foreign investors. The country has been transitioning from a low-income to a market-oriented economy since the 1970s. Urinary bags' sales prospects will be bright for the foreseeable future, thanks to the rise in medical tourism.
United Kingdom Urinary Bags Market Analysis:
The market in the United Kingdom is expected to grow to be worth US$ 158.2 Million by 2033, with an absolute dollar growth of US$ 70.7 Million from 2023 to 2033. The market in the United Kingdom grew at a CAGR of 5.8% from 2018 to 2022 and is expected to grow at a CAGR of 6.2% from 2023 to 2033.
Japan Urinary Bags Market Analysis:
The market in Japan is expected to grow to be worth US$ 144.6 Million by 2033, with an absolute dollar growth of US$ 69.7 Million. The market in the country grew at a CAGR of 5.8% from 2018 to 2022 and is expected to grow at a CAGR of 6.9% from 2023 to 2033.
Why are Drainage Bags Expected to Generate Significant Revenue in the Market?
Drainage bags are the most popular urinary drainage bags, with a market share of more than 50% in 2022. For pee collecting, urine drainage bags are utilized. These bags are connected to sheaths or catheters that are placed inside a person's bladder.
Patients with urinary retention, incontinence, or urological or gynecological operations who are unable to transfer from one location to another can benefit from urinary drainage bags. As a result, over the forecast period, the category is expected to maintain its significant revenue contribution.
Why do Users Prefer Disposable Urinary Bags to Reusable Urinary Bags?
More than 75% of the global market is accounted for by disposable urine bags. They provide users with a sense of well-being while lowering their chance of contracting infectious diseases.
Due to its simplicity, users prefer disposable urine drainage bags. To avoid illness transmission from one patient to the next, reusable bags must be thoroughly cleaned and disinfected according to FDA recommendations. Disposable urine drainage bags are preferred by healthcare practitioners over traditional urinary bags because the risk of infection transmission is reduced.
The key players in the global Urinary Drainage Bags market are ConvaTec, Inc., Cardinal Health, Teleflex, Inc., Coloplast, Becton, Dickinson and Company, McKesson Medical Surgical, Inc., Amsino International, Inc., Flexicare Medical Ltd., Medline Industries, Inc., and Manfred Sauer GmbH.
A few of the key developments in the urinary drainage bags market include:
By Product Type
By Usage Type
The global market size was estimated at US$ 2 Billion in 2022 and is estimated to grow further to US$ 2.1 Billion in 2023.
The market value is projected to increase at a CAGR of around 6.2% from 2023 to 2033.
The market value increased at a CAGR of around 5.2% from 2018 to 2022.
Over the last few years, the constantly rising senior population, which is more prone to urinary infections, is one of the key reasons for the increased need for urinary drainage bags.
Top 5 countries driving the demand for urinary drainage bags are the United States, China, Japan, the U.K., and South Korea.
The United States accounted for over 35% of global demand in 2022.
The market in the UK is projected to expand at a CAGR of around 6.2% from 2023 to 2033.