Newark, July 16, 2022 (GLOBE NEWSWIRE) — As per the report published by The Brainy Insights, the global urinary drainage bags market is expected to grow from USD 1.78 billion in 2021 to USD 2.75 billion by 2030, at a CAGR of 4.98% during the forecast period 2022-2030.
The geriatric population worldwide suffers from a common condition known as urinary incontinence. Urinary drainage bags are a practical solution for temporarily storing urine as they can be readily disposed of. Several disorders, including spinal cord injuries, retention, and ulcerative colitis, necessitate using urinary drainage bags for a specific period. Urological dysfunctions are found to be one of the most common concerns among the geriatric population. Hospitals and clinic professionals prefer to use urinary drainage bags for patients who have undergone surgery related to kidney stones, bladder, and urinary tract. The elderly population requires constant care and monitoring after surgery, so providing them with complete bed rest for a specific period is essential. They are more vulnerable to urinary tract infections and urology disorders. Homecare has also evolved during the past years and has contributed significantly to the market’s growth.
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Competitive Strategy
To enhance their market position in the global urinary drainage bags market, the key players are now focusing on adopting…
