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- The Growing Global Urine Collection Devices Market to Reach US$ 2.91 Billion Owing to Rising Prevalence of Urinary Incontinence
The global urine collection devices market is poised to grow at the highest pace owing to rising prevalence of urinary incontinence conditions. Urine collection devices are medical devices used for collecting urine during various medical procedures. Some key urine collection devices include urine sample systems, foley catheters, and urine bags. These devices find widespread application in hospitals, long-term care facilities, diagnostic laboratories, and home care settings. The increasing demand for diagnostic tests and rising cases of urinary disorders are driving the demand for urine collection devices globally.
Get More Insights On Global Urine Collection Devices Market
https://www.writerscafe.org/ojaswini/blogs/-Global-Urine-Collection-Devices-Market-is-Anticipated-to-Witness-High-Growth-Owing-to-Increasing-Incidence-of-Urinary-Incontinence/243849/
The Growing Global Urine Collection Devices Market to Reach US$ 2.91 Billion Owing to Rising Prevalence of Urinary Incontinence The global urine collection devices market is poised to grow at the highest pace owing to rising prevalence of urinary incontinence conditions. Urine collection devices are medical devices used for collecting urine during various medical procedures. Some key urine collection devices include urine sample systems, foley catheters, and urine bags. These devices find widespread application in hospitals, long-term care facilities, diagnostic laboratories, and home care settings. The increasing demand for diagnostic tests and rising cases of urinary disorders are driving the demand for urine collection devices globally. Get More Insights On Global Urine Collection Devices Market https://www.writerscafe.org/ojaswini/blogs/-Global-Urine-Collection-Devices-Market-is-Anticipated-to-Witness-High-Growth-Owing-to-Increasing-Incidence-of-Urinary-Incontinence/243849/WWW.WRITERSCAFE.ORGGlobal Urine Collection Devices Market is Anticipated to Witness High Grow..The global urine collection devices market has witnessed steady growth in past few years owing to growing prevalence of neurological and urological disorders, increased awareness programs on health and hygiene, and rising healthcare expenditure across the globe. Urine collection devices help in collecting urine discharged involuntarily by patient. Key devices used for urine collection include urine bags, urinary catheters, and urine collection bags. Urine bags are widely used by people suffering from urinary incontinence, spinal cord injuries, multiple sclerosis, and other neurological conditions. These devices not only help in collecting urine but also prevent contamination and maintain hygiene. The global urine collection devices market is estimated to be valued at US$ 2.91 billion in 2025 and is expected to exhibit a CAGR of 5.6% over the forecast period of 2024 to 2031. Key Takeaways Key players operating in the global urine collection devices market are Becton, Dickinson and Company (BD), C.R. Bard, Inc., Cook Medical, Teleflex Incorporated, Medtronic plc, Smiths Medical, B. Braun Melsungen AG, Halyard Health, Inc., Stryker Corporation, Ethicon, Inc., Zimmer Biomet Holdings, Inc., Integra LifeSciences Holdings Corporation, Mölnlycke Health Care AB, 3M Company, Johnson & Johnson, Abbott Laboratories, Baxter International Inc., Boston Scientific Corporation. These players are focusing on new product launches, geographical expansions, and mergers & acquisitions to gain competitive edge in the market. The key opportunities in the global urine collection devices market include growing demand for catheterization and urine bags from hospitals, long-term care facilities, and home healthcare settings. Rapidly aging population prone to urinary incontinence is also creating high demand. Furthermore, manufacturers are investing in emerging markets of Asia Pacific and Latin America for business expansion owing to growing healthcare infrastructure and increasing healthcare expenditures in these regions. Market Drivers and Restraint: Urine Collection Devices Market opportunities is primarily driven by high incidence rate of urinary incontinence, neurological disorders, and renal and urological conditions. As per the National Association for Incontinence, urinary incontinence affects nearly 25 million Americans alone. Additionally, growing geriatric population, increasing focus on better hygiene practices, and favorable reimbursement policies for urine collection devices are also fueling the market growth. However, rising concerns regarding infections associated with urinary catheters and high costs of advanced urine collection devices may hamper the market growth to some extent over the forecast period. Market Drivers: - Increasing incidence of urinary incontinence and other urological disorders - Growing geriatric population worldwide prone to incontinence - Favorable reimbursement policies for urine collection devices in developed nations Market Restraints: - Risk of urinary tract infections associated with urinary catheters - High costs of advanced urine collection bags and catheters Segment Analysis The global urine collection devices market is dominated by intermittent catheters segment. The segment is dominating as intermittent catheters are less invasive and provide higher level of independence to patients as compared to other devices. Intermittent catheters allow temporary drainage of urine from the bladder without requiring an indwelling catheter and drainage bag. Global Analysis North America dominates the global urine collection devices market owing to rising prevalence of urinary incontinence, increasing healthcare expenditure, presence of major market players and adoption of advanced medical technologies in the region. The market in Asia Pacific is expected to witness highest growth during the forecast period owing to rapidly growing geriatric population, rising awareness regarding urinary incontinence and increasing healthcare expenditure in developing countries such as China and India. Additionally, improving healthcare infrastructure and favourable government initiatives are expected to boost the market growth in the region. Get this Report in Japanese Language ๆกๅฐฟๅจๅ ทๅธๅ ด Get this Reports in Korean Language ์๋ณ ์์ง ์ฅ์น ์์ฅ About Author: Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement. 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- South Korea Cosmetics Market Report 2024 | Growth, Trends, and Forecast by 2032South Korea Cosmetics Market Overview Base Year: 2023 Historical Years: 2018-2023 Forecast Years: 2024-2032 Market Growth Rate: 5.50% (2024-2032) The rising demand for high-quality cosmetics, as people are seeking products with skincare properties, represents one of the key factors supporting the market growth in South Korea. According to IMARC Group, South...0 Comments 0 Shares
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