AP NEWS
Click to copy
Press release content from Business Wire. The AP news staff was not involved in its creation.
Click to copy
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Urinary Drainage Bags Market Outlook to 2023 with Cardinal Health, Coloplast Group, ConvaTec Group, McKesson, Medline Industries, and Teleflex Dominating - ResearchAndMarkets.com

May 28, 2019

DUBLIN--(BUSINESS WIRE)--May 28, 2019--

The “Global Urinary Drainage Bags Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The urinary drainage bags market will register a CAGR of 7% by 2023.

Large number of pediatric patients suffering from bladder ailments

Urinary tract infections (UTI) occurs when bacteria enters and infects the urinary tract. Bladder infection is the most common type of UTI. Thus, the increase in the number of children suffering from different urinary ailments leads to an increasing need for urinary drainage bags, and thereby, will drive the growth of the market.

Aging population with chronic diseases

The number of older people are growing worldwide with the increase in life expectancy. The rise in aging population presents several health challenges and is likely to influence health care spending patterns. The demand for medical devices in geriatric population will drive the global urinary drainage bags market during the forecast period.

Increase in risk of urinary tract infections and skin irritation

The UTI via catheters is one of the most common infections that patients acquire in healthcare facilities. About 75% if such infections are attributed to the use of indwelling urethral catheters. Infections and associated skin irritations as a result of using urinary drainage bags can have a negative impact on patients, who may stop using urinary drainage bags, which will impede the growth of the market.

Competitive Landscape

The market appears to be moderately fragmented, and with the presence of several major companies, the competitive environment is quite intense. Factors such as the aging population with chronic diseases and large number of pediatric patients suffering from bladder ailment, will provide considerable growth opportunities to urinary drainage bags manufactures.

Key Players

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY TYPE

PART 07: MARKET SEGMENTATION BY USAGE

PART 08: CUSTOMER LANDSCAPE

PART 09: GEOGRAPHIC LANDSCAPE

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

PART 13: VENDOR LANDSCAPE

PART 14: VENDOR ANALYSIS

For more information about this report visit https://www.researchandmarkets.com/r/7qhay5

View source version on businesswire.com:https://www.businesswire.com/news/home/20190528005310/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Medical Devices

KEYWORD:

INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 05/28/2019 06:09 AM/DISC: 05/28/2019 06:09 AM

http://www.businesswire.com/news/home/20190528005310/en

All contents © copyright 2019 The Associated Press. All rights reserved.