Market Overview:
The global economic urine bag market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of urinary incontinence, rising geriatric population, and technological advancements in urine bags. Based on type, the global economic urine bag market is segmented into bed urine collection bags, leg urine collection bags, and other types. The bed urine collection bags segment is expected to account for the largest share of the global economic urine bag market in 2018. This can be attributed to factors such as increasing incidence of urinary incontinence among elderly population and rising demand for home-based care. Based on application, the global economic urination bag market is segmented into hospitals, clinics, and other applications.
Product Definition:
A urine bag that is designed for use in a hospital or other medical setting. The bag is made of plastic and has a clip that can be attached to clothing, so the bag can be hidden from view. The bag also has a long tube that allows the user to release urine into the toilet without having to remove the bag from their body.
Bed Urine Collection Bags:
Bed urine collection bags are used for the collection of urine from patients in hospitals, nursing homes, and home care. The major factor that propels the growth of this industry is its usage in hospital settings where it is a requirement to collect patient's urine due to certain conditions or ailments.
Leg Urine Collection Bags:
A leg urine collection bags is a medical device used for collecting the urine from patient's legs. It is also known as catheter-based urine collection system. The main function of this device includes preventing contamination and infection in the urinary tract, reducing bladder pressure, improving bladder capacity & quality of life by enabling patients to retain more liquid and avoid overdrinking, allowing better control over incontinence problems.
Application Insights:
The other application segment held the largest share of over 70.0% in 2017. The use of the product for various applications, such as catheters and urinary tract infections treatment, is expected to drive its demand in this segment over the forecast period. In addition, economic urine bags are used for drug testing and forensic purposes across various industries including pharmaceuticals and food & beverages. This is further anticipated to propel growth during the study period.
Clinic application was estimated as one of the fastest-growing segments with a CAGR exceeding 8% from 2018 to 2030 owing to increasing government initiatives on improving healthcare facilities at an international level along with rising awareness about better hygiene practices among consumers worldwide.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure and high adoption rate for advanced urine collection bags are some of the major factors responsible for its large share. Moreover, increasing incidence of targeted diseases such as diabetes, kidney stones, bladder obstruction and urinary retention is expected to drive the demand further. In addition, growing awareness regarding UTIs among patients is anticipated to fuel product demand during the forecast period.
Asia Pacific region is expected to witness lucrative growth over the forecast period owing to rising disposable income coupled with improving healthcare facilities in emerging countries such as China and India. Furthermore, government initiatives encouraging people from all economic backgrounds to invest in health insurance plans are likely boost regional growth during future years as it will result into better diagnosis & treatment options for patients suffering from these infections at a lesser cost compared with private hospitals or clinics without any coverage or insurance plan (i).
Growth Factors:
- Increasing demand for Economic Urine Bag from hospitals and clinics owing to the increasing prevalence of kidney diseases and other urinary tract infections.
- Rising geriatric population, who are more susceptible to kidney diseases, is expected to drive the demand for Economic Urine Bag over the forecast period.
- Growing awareness about hygiene and its benefits is projected to boost the market growth in coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Economic Urine Bag Market Research Report
By Type
Bed Urine Collection Bags, Leg Urine Collection Bags, Other
By Application
Hospital, Clinic, Other
By Companies
Hitec Medical, Teleflex Medical, Coloplast, B. Braun, Convatec, Apexmed, Flexicare Medical, Medline, Medtronic, Hillside Medical, Vygon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Economic Urine Bag Market Report Segments:
The global Economic Urine Bag market is segmented on the basis of:
Types
Bed Urine Collection Bags, Leg Urine Collection Bags, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hitec Medical
- Teleflex Medical
- Coloplast
- B. Braun
- Convatec
- Apexmed
- Flexicare Medical
- Medline
- Medtronic
- Hillside Medical
- Vygon
Highlights of The Economic Urine Bag Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bed Urine Collection Bags
- Leg Urine Collection Bags
- Other
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Economic Urine Bag Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An economic urine bag is a device that collects and stores human urine for later use. It is typically used in hospitals to help conserve medical supplies.
Some of the major companies in the economic urine bag market are Hitec Medical, Teleflex Medical, Coloplast, B. Braun, Convatec, Apexmed, Flexicare Medical, Medline, Medtronic, Hillside Medical, Vygon.
The economic urine bag market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Economic Urine Bag Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Economic Urine Bag Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Economic Urine Bag Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Economic Urine Bag Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Economic Urine Bag Market Size & Forecast, 2020-2028
4.5.1 Economic Urine Bag Market Size and Y-o-Y Growth
4.5.2 Economic Urine Bag Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Bed Urine Collection Bags
5.2.2 Leg Urine Collection Bags
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Economic Urine Bag Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Economic Urine Bag Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Bed Urine Collection Bags
9.6.2 Leg Urine Collection Bags
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Bed Urine Collection Bags
10.6.2 Leg Urine Collection Bags
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Bed Urine Collection Bags
11.6.2 Leg Urine Collection Bags
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Bed Urine Collection Bags
12.6.2 Leg Urine Collection Bags
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Bed Urine Collection Bags
13.6.2 Leg Urine Collection Bags
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Economic Urine Bag Market: Competitive Dashboard
14.2 Global Economic Urine Bag Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hitec Medical
14.3.2 Teleflex Medical
14.3.3 Coloplast
14.3.4 B. Braun
14.3.5 Convatec
14.3.6 Apexmed
14.3.7 Flexicare Medical
14.3.8 Medline
14.3.9 Medtronic
14.3.10 Hillside Medical
14.3.11 Vygon
