A rise in the geriatric population is projected to boost the global urinary drainage bags market during the forecast period. According to a published report by Fortune Business Insights, titled, Urinary Drainage Bags MarketSize, Share Industry Analysis, By Product (Leg Bags and Large Capacity Bags), By Capacity (0-500 ml, 500-1000 ml, 1000-2000 ml, and more than 2000 ml), By Number of Chambers (Single Chamber, 2 Chamber, 3 Chamber), End-user (Hospitals, Clinics, Ambulatory Surgical Centers, Home Care, and Others) and Regional Forecast, 2019-2026, the market is projected to reach USD 1,475.60 Million by 2026, exhibiting a CAGR of 4.9% during the forecast period. However, the market was valued at USD 1,007.81 Million in 2018.
The report predicts and analyzes the urinary drainage bags market size in terms of value and volume. It provides elaborate information regarding all the segments and doesnt fail to mention the leading segments separately. It further highlights the competitive developments, such as mergers, expansions, new product launches, and acquisitions.
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