"Designing Growth Strategies is in our DNA"
Urinary drainage set is a medical device manufactured and designed for cases where the patient is expected to require catheters for a longer period of time due to surgical interventions that need maximum time to heal. These drainage sets can be used for longer time span if they are equipped with a free-flow discharge valve or a non-return valve. These drainage sets can be emptied into urinary bags without seperating the drainage system formed by the collection bag and the bladder catheter. The urinary drainage set market is poised to experience significant growth rate across the analysis period, owing to rising cases of urinary infections that ultimately leads to urinary retention. Moreover, growing rate of geriatric population is another significant factor augmenting market growth, as people above the age of 60 years are more prone to such diseases. Hence, the aforementioned factors will strongly stimulate urinary drainage sets market growth.
Rising incidence of urinary retention among the geriatric population is one of the major factors driving the growth of the market. Urinary retention is the inability to voluntarily discharge urine. It can occur due to various factors such as infectious and inflammatory diseases. However the most common cause of the condition is benign prostatic hyperplasia or also called as prostate enlargement. This condition can become chronic with time. Initial management includes bladder catheterization with complete and prompt decompression. According to the Northeastern Ohio Universities College of Medicine, in the U.S., the incidence of urinary retention among men was 4.0% to 6.0% per 1,000 men every year. Hence, growing incidence of such diseases across the world is one of the major factors leading to the growth of the urinary drainage set market.
Key Market Driver -
Growing incidence of urinary retention in adults is one of the major growth drivers
Key Market Restraint -
Stringent government approvals might hinder market growth
However, concerns regarding stringent regulatory requirements for the approval of medical devices are impeding the growth of the market.
Globally, the urinary drainage sets market can be classified on the basis of product, age group, end-users, and region. Based on the product, the market can be segmented into antireflux drainage set, alphabetic drainage set, and lumbar drainage set. Based on the age group, the market can be segmented into pediatric and adult. Based on the end-users the market can be segmented into clinics, hospitals & ambulatory surgery centres, and others.
Geographically, the urinary drainage sets market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
Some of the major companies that are present in the urinary drainage sets market are AMECO Technology, Asid Bonz, Biomatrix, Chimed, HTKD Medical, MEDAS INC, Flexicare Medical, Coloplast, UROMED, Unomedical, and other prominent players.
Geographically, the urinary drainage sets market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North American region is likely to hold the largest share of the market and is anticipated to follow the same impetus over the forecast period. This growth of the market can be attributed to the presence of refined healthcare infrastructure along with growing awareness regarding physical and health related issues. Moreover, increase in the incidence of urinary retention and availability & high adoption of technologically advanced product are also driving the market in this region. Europe is projected to be the second most productive market throughout the forecast period. The factors such as adoption of innovative medical devices and rise in geriatric population in this region are likely to boost the growth of the urinary drainage sets market in this region. However, Asia-Pacific is likely to expand at high growth rate in near future. The growth of the market can be attributed to the increase in the elderly population, presence of large patient pool suffering from urinary disorders, and increase in the rate of surgical interventions that require catheterization. The market in Latin America and the Middle East and Africa are expected to grow moderately in the forecast period.
To gain extensive insights into the market, Request for Customization
By Age Groups
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry