Global Disposable Urine Bags Market Report 2024 – Top Market Trends And Opportunities
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- Current Market Size: The disposable urine bags market has shown strong growth, expanding from $2.11 billion in 2023 to $2.23 billion in 2024.
- CAGR: This represents a compound annual growth rate (CAGR) of 5.6%. The historic growth can be attributed to factors such as the rising prevalence of urinary incontinence, urological disorders, increasing healthcare expenditure, the expansion of home healthcare services, a growing geriatric population, and the adoption of disposable medical products.
Future Market Projections
- Forecasted Growth: The market is expected to continue its strong growth trajectory, reaching $2.81 billion by 2028.
- CAGR: The forecast period shows a CAGR of 6.0%.
Key Drivers:
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- Rising number of patients with diabetes and Alzheimer’s disease.
- Increasing frequency of gynecological and urological surgeries.
- Higher incidences of chronic diseases.
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Emerging Trends in the Market
- Antimicrobial Properties: Incorporation of antimicrobial features in urine bags to prevent infections.
- Smart Hospital Utilities: Introduction of smart technologies in hospital settings to enhance patient care.
- Focus on Sustainability: Development of eco-friendly and biodegradable urine bags to reduce environmental impact.
- Advanced Materials: Use of innovative fabric materials for comfort and durability.
- Nanotechnology Integration: Application of nanotechnology to improve product performance and safety.
Impact of Rising Surgeries on Market Growth
- Increased Surgical Procedures: The rising number of surgeries, driven by an aging population and the adoption of laparoscopic techniques, is propelling the demand for disposable urine bags.
- Surgical Applications: These bags are crucial for maintaining sterility and ensuring patient hygiene during and after surgeries.
- Key Statistic: In 2022, according to the National Library of Medicine, there were 2.4 million hip and knee operations conducted, an 18.3% increase over 2020, underscoring the growing demand for disposable urine bags in surgical settings.
Major Companies in the Disposable Urine Bags Market
- Key Players: Cardinal Health Inc., Becton Dickinson and Company, Medline Industries Inc., McKesson Corporation, Coloplast Group, Teleflex Incorporated, B. Braun Melsungen AG, and others.
- Innovation Focus: Companies are focusing on developing advanced products, such as unisex disposable urine bags, to cater to diverse customer needs.
Innovations in Disposable Urine Bags
- Unisex Disposable Urine Bags: Companies are introducing unisex urine bags designed to accommodate both men and women, offering a more versatile and convenient solution.
- Example: In July 2022, Peeschute, an India-based supplier, launched environmentally friendly unisex disposable urine bags made from biodegradable materials, addressing both hygiene and sustainability concerns.
Strategic Acquisitions in the Market
- AURELIUS Group’s Acquisition of McKesson UK: In April 2022, AURELIUS Group acquired McKesson UK’s business, aiming to strengthen its healthcare portfolio and expand in the UK market. This acquisition highlights the strategic moves being made by companies to enhance their market presence and product offerings.
Market Segmentation and Regional Insights
- Product Types: The market is segmented into body-worn bags, large capacity bags, night bags, and other types.
- Capacity: Segmentation by capacity includes 0-500 ml, 500-1000 ml, and 1000-2000 ml options.
- Material: Products are made from materials like polyvinyl chloride, ethylene vinyl acetate, paper, and others.
- Usage: The market includes both reusable and disposable options.
- End-Use: End-users include hospitals, nursing homes, ambulatory surgical centers, and home care settings.
- Regional Insights: North America was the largest market in 2023, while Asia-Pacific is expected to be the fastest-growing region during the forecast period.
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