Increasing Prevalence of Urinary Incontinence and High Adoption of Drug Abuse Testing to Augment Growth of Urine Collection Bags Market
Urine collection bags are used to collect urine samples for diagnosis
of various diseases. Increasing prevalence of urinary incontinence is expected
to propel growth of the global urinary collection bags market over the forecast
period. For instance, according to the paper, “The prevalence of urinary
incontinence,” published in the journal Climacteric, in June 2019, the
prevalence of UI ranged from approximately 5% to 70%, with most studies
reporting a prevalence of any UI in the range of 25-45%. Moreover, launch of
mobile urine drug testing specimen collection units is also expected to aid in
growth of the market. For instance, in May 2020, Aspenti Health, a clinical
drug testing lab, launched a mobile urine drug testing specimen collection unit
Increasing geriatric population is expected to offer
lucrative growth opportunities for players in the global urine
collection bags market. For instance, according to the U.S. Census Bureau,
the U.S. geriatric population is expected to reach 77 million by 2034. Moreover,
increasing launch of general lab specimen collection services is also expected
to aid in growth of the market. For instance, in January 2021, Ichor Blood
Services, a private lab specimen collection company, launched general lab
specimen collection services in Calgary and Medicine Hat after receiving all
necessary approvals.
Among regions, North America is expected to witness
significant growth in the urine collection bags market, owing to high incidence
of substance abuse and adoption of drug abuse testing in the region. For
instance, according to the 2018 National Survey on Drug Use and Health, in the
U.S., around 164.8 million people aged 12 or older in the U.S. were past month
substance users that included tobacco, alcohol, or illicit drugs. Moreover,
launch of liquid-based assay sample prep solutions is also expected to aid in
growth of the market in North America. For instance, in January 2021, nRichDX
Inc., a provider of liquid-based assay sample prep solutions, launched Semi-Automated
Revolution Sample Prep Workflow.
Competitive Analysis
Major players operating in global urine collection bags
market include, Medline Industries, Inc., Teleflex, Boston Scientific
Corporation, Coloplast Ltd., B. Braun Melsungen AG, CR Bard Inc., Hollister
Incorporated, Medtronic, Cook Group Incorporated, Thermo Fisher Scientific Inc.,
and Becton, Dickinson and Company.
Major players operating in global urine collection bags
market are focused on adopting various marketing strategies to enhance their
market share. For instance, in January 2020, Becton, Dickinson and Company
announced to attend the 38th Annual J.P. Morgan Healthcare Conference.
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