Europe Urinary Drainage Bags Market|2021 Analysis, Key Opportunities Major Players, Impact of COVID-19 and Size, Growth, Share, Regional Analysis With Global Industry Forecast To 2027, 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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What does the Report Include?
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers the different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves leading companies and adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
Europe Urinary Drainage Bags Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market
For more information in the analysis of this report, visit:
https://www.fortunebusinessinsights.com/industry-reports/europe-urinary-drainage-bags-market-101419
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. The report provides a brief summary of the key opportunities in the market for the near future.
The report classifies the Europe urinary drainage bags market based on factors such as product type, capacity, number of chambers, end user and regional demographics. Among all regions, Fortune Business Insights predicts that the urinary drainage bags in Germany held the highest share in recent years. The increasing healthcare expenditure, coupled with the increasing incidence of bladder cancer and related disorders has aided the growth of the urinary drainage bags market in Germany. As per Fortune Business Insights, the Germany urinary drainage bags market was valued at USD 119.6 Mn in 2018 and is likely to grow at a healthy CAGR during the forecast period.
Key Players Operating in The Europe Urinary Drainage Bags Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Coloplast A/S
- ConvaTec Group PLC
- Cardinal Health
- BD (Becton, Dickinson, and Company)
- Braun Melsungen AG
- Clinisupplies Ltd. (Healthium Medtech)
- Hollister Incorporated
- Flexicare Medical Limited
- Teleflex Incorporated
- MANFRED SAUER GMBH
The report focuses on global major leading industry players of market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. This report focuses on Europe Urinary Drainage Bags Market Trend, volume and value at global level, regional level and company level. From a global perspective, this report represents overall Europe Urinary Drainage Bags Market Size by analysing historical data and future prospect.
With tables and figures helping analyse worldwide Europe Urinary Drainage Bags Market Forecast provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Leg Bag Segment to Witness the Highest Growth
The report highlights a few of the leading product types that have witnessed a huge demand across several industries. Among all product types, the leg bags segmented accounted for a dominating market share in 2018. The convenience associated with the usage of this product and the product variations have contributed to the increasing demand for the products from end users across the world. The leg bags segmented is projected to witness at a considerable CAGR during the forecast period.
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Highlights of the Europe Urinary Drainage Bags Market Report Include:
- Microscopic study of the various factors driving and restraining the market
- Careful classification and research of the market segments
- Accurate computation of market figures
- Comprehensive analysis of the regional dynamics and competitive landscape
Objective of Studies:
- To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market.
- To provide insights about factors affecting the market growth. To analyse the Europe Urinary Drainage Bags Market based on various factors- price analysis, supply chain analysis, porter five force analysis etc.
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Europe Urinary Drainage Bags Market.
- To provide country level analysis of the market with respect to the current Europe Urinary Drainage Bags Market size and future prospective.
- To provide country level analysis of the market for segment by application, product type and sub-segments.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World.
- To track and analyse competitive developments such as joint ventures, strategic alliances, new product developments, and research and developments in the global Europe Urinary Drainage Bags Market.
