GLOBAL URINE COLLECTION DEVICES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Global urine collection devices market growth is driven by rising prevalence of urinary incontinence and increasing geriatric population. Urine collection devices are primarily used for the collection and disposal of urine that is discharge or drained into the urine bags for certain healthcare conditions. These devices are commonly recommended during surgical procedures involving prostate and urinary bladder. These help to collect urine drained through urethra or the urinary tract using catheters or collection bags.
Market Dynamics:
Global urine collection devices market growth is driven by growing prevalence of urinary incontinence, rising number of surgical procedures involving urinary system, and growing aging population worldwide who are prone to develop urinary incontinence issues. However, risk of hospital acquired infections through urine collection devices, catheter associated urinary tract infections, and stringent regulatory approval process can hamper the market growth. Moreover, technological advancements in development of user-friendly, portable urine bags and catheters along with efforts to reduce infection risks can offer lucrative growth opportunities for market players.
Key Features of the Study:
- This report provides in-depth analysis of the global urine collection devices market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global urine collection devices market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Teleflex, Medline Industries, Hollister Incorporated, Coloplast Corp, Braun Melsungen AG
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global urine collection devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global urine collection devices market
Detailed Segmentation-
Table of Contents
*Browse 32 market data tables and 28 figures on "Urine Collection Devices Market” -Global forecast to 2031
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