#Urinary #Drainage #Bags #Market #Generate #USD #Billion
Portland, OR, Oct. 13, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global urinary drainage bags market generated $1.4 billion in 2021, and is expected to generate $2.0 billion by 2031, manifesting a CAGR of 3.8% from 2021 to 2031. The report offers an extensive analysis of drivers and opportunities, key segments, value chain, regional scenario, and competitive landscape. This report provides an extensive analysis for market players, investors, stakeholders, and startups to help them take the next steps for gaining competitive edge and achieving the lead position.
Download Free Sample Report- https://www.alliedmarketresearch.com/request-sample/17978
Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2022–2031 |
| Base Year | 2021 |
| Market Size in 2021 | $1.4 billion |
| Market Size in 2031 | $2.0 billion |
| CAGR | 3.8% |
| No. of Pages in Report | 181 |
| Segments covered | Product, Usage, End User, and Region. |
| Drivers | Increase in prevalence of urological disorders, such as urinary incontinence, kidney stones, benign prostatic hyperplasia, and cystitis |
| Investments by market key players to develop advanced products | |
| Opportunities | Increase in number of urological surgeries |
| Rise in geriatric population | |
| Restrains | Rise in concerns regarding catheter-associated urinary tract infections |
Covid-19 Scenario:
- The demand for urinary drainage bags increased considerably during the Covid-19 pandemic as the number of patients in hospitals surged for treatment of the infection.
- As many Covid-infected patients needed to stay on oxygen beds due to oxygen mask attachments, the utilization of urinary drainage bags increased considerably.
- However, many urological surgeries were either postponed or canceled as only urgent surgeries were carried out in hospitals. This, in turn, reduced the demand for urinary drainage bags for surgeries.
The research provides detailed segmentation of the global urinary drainage…
Read on GNW: Urinary Drainage Bags Market to Generate USD 2.0 Billion by
