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Rising Occurrence of Chronic Diseases is Driving Drainage Consumables Industry

The global drainage consumables market is experiencing growth, according to P&S Intelligence. This growth can be ascribed to the growing occurrence of chronic illnesses, technological improvements, increasing healthcare infrastructure, growing count of operations, and growing government steps for public healthcare.

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In the past few years, the drainage bags category had the largest share in the drainage consumables industry, on the basis of product type. Additionally, the category is projected to remain dominant in the coming years because of the increasing need for replacing the utilized drainage bags at a frequent pace, in order to stop urinary tract infections among the patients.

The wound is projected to be the fastest-rising category in the drainage consumables market in the coming few years, on the basis of application.

Geographically, the North American region was the largest revenue generator of the drainage consumables market in recent years. This continent is also projected to be in the leading position in the future as well. This can be credited to the heavy demand for drainage consumables rising from the U.S. healthcare industry.

The drainage consumables industry has numerous main players are:

1- Smith & Nephew PLC

2- Johnson & Johnson

3- Zimmer Manufacturing Company

4- Stryker Corporation

5- McKesson Corporation

6- ConvaTec Group plc

7- B. Braun Melsungen AG.

In the past few years, companies in the drainage consumables market have been vigorously involved in item launches to cut through the robust market opposition.

Hence, the growing occurrence of chronic illnesses, technological improvements, increasing healthcare infrastructure, growing count of operations, and growing government steps for public healthcare are the major factors contributing to the growth of the drainage consumables industry.

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