A urine drainage bag is described in the FDA regulation, 21 CFR 876.5250(a), a urine collector and accessories not intended to be connected to an indwelling catheter, which includes the corrugated rubber sheath, pediatric urine collector, leg bag for external use, urosheath type incontinence device, and the paste-on device for incontinence." The classification for this device is Class II if used with an indwelling catheter or Class I if used with an external catheter as stated in 21 CFR 876.5250(b).
The article cited AMA's "Global Urinary Drainage Bags Market Study" explored CAGR of 7.2%. Increase in Number of Urological and Gynecological Surgeries
is also expected to contribute significantly to the Urinary Drainage Bags market. Overall, applications of Urinary Drainage Bags, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End Users, such as Hospitals, is boosting the Urinary Drainage Bags market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Capacity, such as 500 ml, is boosting the Urinary Drainage Bags market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Urinary Drainage Bags market identified that the demand is rising in many different parts of the world as "Technological Innovations in Urological Catheter". Furthermore, some recent industry insights like "On 22 Jan 2019, Medline has been awarded a group purchasing agreement for General Urology with Premier Inc. The new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for the ERASE CAUTI Comprehensive Care Solution including all of its product bundles, Foley catheters and insertion trays, bladder scanners, the Men’s Liberty Acute external catheter, intermittent catheters and trays, urine meters, drain bags, leg bags, securement devices, and irrigation syringes and trays." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Urinary Drainage Bags market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Urinary Drainage Bags market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.