Connect with us
European Gaming Congress 2024

Artificial Intelligence

Urinary Drainage Bags Market to grow at a CAGR of 4.6 percent reaching USD 2.82 Bn by 2029 – says Maximize Market Research

Published

on

<!– Name:DistributionId Value:8792498 –> <!– Name:EnableQuoteCarouselOnPnr Value:False –> <!– Name:IcbCode Value: –> <!– Name:CustomerId Value:1267597 –> <!– Name:HasMediaSnippet Value:false –> <!– Name:AnalyticsTrackingId Value:c3b745ac-1c46-45cb-a0d1-063fd62e1d8c –>

Dublin, March 21, 2023 (GLOBE NEWSWIRE) — Maximize Market research, a global Healthcare firm, has published a market intelligence and competitive landscape report on the “Urinary Drainage Bags Market”. The total market opportunity for the Urinary Drainage Bags Market was USD 1.97 Bn in 2021 and is expected to grow at 4.6 percent CAGR over the forecast period to reach USD 2.82 Bn by 2029.

Market Size in 2021 USD 1.97 Bn
Market Size in 2029 USD 2.82 Bn
CAGR 4.6 percent (2022-2029)
Forecast Period 2022-2029
Base Year 2021
Number of Pages 260
No. of Tables 135
No. of Charts and Figures 125
Segment Covered Product, Capacity and End User
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

Request For Free Sample Report : https://www.maximizemarketresearch.com/request-sample/87840

Urinary Drainage Bags Market Scope and Research Methodology:

The Urinary Drainage Bags Market report covers a detailed competitive landscape that covers the key players and new entrants in the market along with new service/product launches, partnerships, business expansions and acquisitions. Key insights into the Urinary Drainage Bags Market include the market dynamics, applications and challenges for the market growth. The report acts as a toolkit for taking investment decisions and formulating marketing tactics. Regional analysis of the Urinary Drainage Bags Market is conducted at a country, regional and global level. Such an in-depth analysis helps understand the regional dominance, market penetration and growth prospects in the region.

Advertisement
Stake.com

The segments covered in the Urinary Drainage Bags Market report are by-product, the capacity of bags end user and region. Such analysis provides an understanding of the consumer base and the various applications of the Urinary Drainage Bags Market. Data for the analysis of the market is collected using primary and secondary research. Qualitative and quantitative analysis was used to derive accurate inferences in the report. The report covers the extensive company profiles comprising company overview, company insights, product benchmarking and recent developments. SWOT and PESTLE analysis was conducted to grasp the impact of various factors affecting the Urinary Drainage Bags Market.

Urinary Drainage Bags Market Overview:

Urinary drainage bags are used to collect urine from the bladder via a catheter. These urine collection bags are required by people who have urinary incontinence or are unable to urinate properly. Urinary Drainage Bags are either small leg bags or large night bags. These are extensively used in surgical centres, hospitals and clinics, and are available in two types i.e. disposable and reusable. Comparatively to reusable bags, there is a high demand for disposable bags due to the increased risk of infection pertaining to reusable urinary drainage bags.

Get a Sample Copy of the Report: https://www.maximizemarketresearch.com/request-sample/87840

Increasing Number of Urological and Gynaecological Surgeries is expected to boost the Growth of the Urinary Drainage Bags market during the forecast period.

Advertisement
Stake.com

The increasing cases of gynecological and urological diseases, such as urinary bladder cancer, urinary incontinence, leakage or retention, and Chronic Kidney Disease (CKD) are expected to drive the Urinary Drainage Bags Market during the forecast period. The growing geriatric population which is suffering from chronic diseases such as paralysis, Alzheimer’s disease, and end-stage renal diseases are the factors that are expected to drive the market of global urinary drainage bags during the forecast period. Over the forecast period, increasing focus on technological advancements and product improvements is expected to present the Urinary Drainage Bags Market with immense growth opportunities.

North America is expected to hold the largest share during the forecast period.

North America has dominated the global market in 2021 and is expected to grow over the forecast period. The growth accounted for the rising incidence of targeted diseases, such as U.I., urinary retention, Benign Prostate Hyperplasia (BPH), bladder obstruction, bladder cancer, etc. is expected to be dominant over the forecast period.

Asia-Pacific is expected to be the fastest-growing region during the forecast period. Improved medical infrastructure, increased healthcare expenditure, medical tourism and the presence of a large target population are contributing to the growth of the market. Rapid developments and technological advancements in emerging countries such as Japan, China, Brazil, India, Indonesia and South Korea are expected to fuel the Asia-Pacific Urinary Drainage Bags Market.

Get Customization on this Report for Specific Research Solutions: https://www.maximizemarketresearch.com/request-customization/87840

Advertisement
Stake.com

Urinary Drainage Bags Market Segmentation:

Based on Product, the leg bags segment is expected to dominate the Urinary Drainage Bags Market during the forecast period.

Legs Bags allows free movement and can be easily carried by the patients without any feeling of heaviness. The urinary drainage leg bags are small in size and are easy to fit in legs and is expected to dominate the Urinary Drainage Bags Market during the forecast period.

Based on Capacity, 1000 ml capacity bags are expected to be dominant during the forecast period.

The 1000 ml capacity bags are expected to be the dominant as 1000 ml is the standard measure for urinary leg bags. Increasing demand for leg bags is expected to drive the growth of this segment during the forecast period.

Advertisement
Stake.com

Based on End User, the Hospital segment is expected to be dominant during the forecast period.

The Hospital segment held the largest market share in 2021 and is expected to be dominant during the forecast period.

By Product        

  • Leg bags
  • Large Capacity bags

By Capacity        

  • 500 ml
  • 1,000 ml
  • 2,000 ml
  • 4000 ml

By End User        

  • Hospitals
  • Clinics
  • Ambulatory surgical centers
  • Home care

Urinary Drainage Bags Market Key Players include:

  • Amsino International, Inc.
  • Coloplast
  • Cook Medical (Cook Group Incorporated)
  • C. R. Bard, Inc.
  • Medline Industries, Inc.
  • Moore Medical LLC (McKesson Medical-Surgical, Inc.)
  • Pacific Hospital Supply Co. Ltd.
  • Covidien (Medtronic)
  • Flexicare Medical Limited
  • Plasti-med.
  • Teleflex Incorporated
  • MANFRED SAUER GMBH
  • Holister Incorporated

Get the Sample PDF of Report: https://www.maximizemarketresearch.com/request-sample/87840

Key questions answered in the Urinary Drainage Bags Market are:

  • What are Urinary Drainage Bags?
  • What will be the Urinary Drainage Bags Market size by 2029?
  • At what CAGR is the market projected to grow in the forecast period?
  • What are the key driving factors and challenges in the Urinary Drainage Bags Market growth?
  • What factors are expected to hamper the Urinary Drainage Bags Market growth?
  • Which segment dominated the Urinary Drainage Bags Market growth?
  • Which region has the largest share in Global Urinary Drainage Bags Market?
  • Who are the key players in the Urinary Drainage Bags Market?
  • Which factors are responsible for driving the demand for Urinary Drainage Bags?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by Product, Capacity and End User
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is leading Healthcare research firm, has also published the following reports:

Urinary Catheters Market: The total market size was valued at USD 3.53 Bn in 2021 and is expected to grow at a CAGR of 6.81 percent from 2022 to 2029, reaching USD 5.99 Bn by 2029. An increase in the incidence of urological area infections and urinary incontinence is expected to grow in Urinary Catheters Market during the forecast period.

Advertisement
Stake.com

Urostomy Bags Market: The total market size was valued at USD 2.12 Bn in 2021 and is expected to grow at a CAGR of 6 percent from 2022 to 2029, reaching USD 3.38 Bn by 2029. The increasing prevalence of bladder cancer, factors like inflammatory bowel disease, Crohn’s disease and the rapidly growing geriatric population which is more prone to acquire these conditions is expected to grow in Urostomy Bags Market during the forecast period.

Catheters Market: The total market size was valued at USD 19.73 Bn in 2021 and is expected to grow at a CAGR of 9.08 percent from 2022 to 2029, reaching USD 39.54 Bn. Market players are introducing new features to catheters to address the growing problems related to using catheters is expected to grow in the Catheters Market during the forecast period.

Urinary Tract Infections Therapeutics Market: The total market size was valued at USD 2.70 Bn in 2021 and is expected to grow at a CAGR of 4.1 percent from 2022 to 2029, reaching USD 3.72 Bn by 2029. The pervasiveness of diabetes and kidney stones upsurges, the number of cases of urinary tract infection (UTI) rises and increasing medicine demand is expected to grow in Urinary Tract Infections Therapeutics Market during the forecast period.

Artificial Urinary Sphincter Implantation Device Market: The total market size was valued at USD 228.37 Bn in 2021 and is expected to grow at a CAGR of 4.27 percent from 2022 to 2029, reaching USD 1107.39 Bn. Increasing investment in research and development and rising healthcare expenditure in the adoption of new urinary implantation devices are expected to grow in Artificial Urinary Sphincter Implantation Device Market during the forecast period.

About Maximize Market Research:

Advertisement
Stake.com

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Explore Madrid Like Never Before: New Partnership Between Wego and MADRID TURISMO by IFEMA Madrid

Published

on

explore-madrid-like-never-before:-new-partnership-between-wego-and-madrid-turismo-by-ifema-madrid

DUBAI, UAE, June 25, 2024 /PRNewswire/ — Wego, the number 1 travel app and the largest online travel marketplace in the Middle East and North Africa (MENA), is delighted to announce a groundbreaking partnership with MADRID TURISMO by IFEMA Madrid as part of their “Only in Madrid” campaign. This initiative aims to boost awareness about the vibrant culture and unique attractions of Madrid, inviting travelers from the GCC to explore the Spanish capital like never before.

 
 
This collaboration sheds light on Madrid’s history, stunning architecture, and dynamic cultural scene. The campaign will emphasize Madrid’s blend of traditional charm and modern sophistication, presenting it as a premier travel destination for GCC residents and visitors. It aims to showcase the best of Madrid, fostering a deeper connection between the Spanish Capital and the Gulf region.
“Wego is excited to bring the diverse and vibrant experiences of Madrid to travellers from the Gulf region,” said Mamoun Hmedan, Chief Business Officer of Wego. Our partnership with MADRID TURISMO by IFEMA Madrid will enhance travel opportunities and highlight the best of Madrid to Gulf travelers. Madrid’s unique blend of historical richness, cultural vibrancy, and modern appeal makes it a perfect destination for our audience.”
Travellers can embark on an unforgettable adventure tailored to their individual interests. History buffs can delve into iconic landmarks and UNESCO sites, while art lovers will be captivated by the world-renowned Triangle of Art. Foodies will rejoice in Michelin-starred restaurants (28 establishments boasting an impressive 36 stars!) and vibrant neighbourhoods overflowing with culinary delights.
MADRID TURISMO by IFEMA Madrid said: “By highlighting the destination’s unique offerings, Wego and MADRID TURISMO by IFEMA Madrid aim to inspire more travellers to experience the magic of Madrid, fostering lasting memories and enriching cross-cultural connections.”
Travelers get to experience the birthplace of Flamenco Tablao and immerse themselves in the captivating spirit of Spain. For a touch of tranquillity, they can venture beyond the city to explore charming towns and villas. From historical immersion to cultural experiences, Madrid caters to every desire.
About Wego
Wego is the number 1 travel app and the largest online travel marketplace in the Middle East and North Africa (MENA).
It provides award-winning travel search websites and top-ranked mobile apps for travelers living in the Asia Pacific and the Middle East regions. Wego harnesses powerful yet simple to use technology that automates the process of searching and comparing results from hundreds of airlines, hotels, and online travel agency websites.
Wego presents an unbiased comparison of all travel products and prices offered in the marketplace by merchants, both local and global, and enables shoppers to quickly find the best deal and place to book whether it is from an airline or hotel directly or with a third-party aggregator website.
The company was founded in 2005 and is dual headquartered in Dubai and Singapore with regional operations in Bangalore, Riyadh, Cairo, Lahore, and Kuala Lumpur.
Photo – https://mma.prnewswire.com/media/2446211/Wego.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/explore-madrid-like-never-before-new-partnership-between-wego-and-madrid-turismo-by-ifema-madrid-302180396.html

Continue Reading

Artificial Intelligence

Aetion Launches Barcelona Technology Hub and Appoints Ken Watson as Chief Technology Officer

Published

on

aetion-launches-barcelona-technology-hub-and-appoints-ken-watson-as-chief-technology-officer

BARCELONA, Spain, June 24, 2024 /PRNewswire/ — Aetion®, the global leader in real-world evidence (RWE) technology and analytics, announced today the creation of an RWE technology hub in Barcelona, Spain, to convene the most capable group of dedicated RWE technologists in the industry. Aetion also announced the appointment of Ken Watson as Chief Technology Officer (CTO). Ken draws upon his decades of experience at companies such as Microsoft, the Toronto Stock Exchange, and WeWork — as well as several startups he co-founded — and is responsible for leading Aetion’s overall engineering and product strategy.

Aetion established a presence in Barcelona in 2021 and has steadily grown its team there since. As part of the launch of its technology hub, Aetion will more than double the size of its engineering team in Spain, drawing top technical talent locally and from around Europe. The Barcelona team will work across Aetion’s product suite, enhancing existing offerings and continuing to innovate at the forefront of RWE technology. The recent release of Aetion® Discover — the first Aetion product to be built in Barcelona — was a turning point in establishing the city as Aetion’s new technology hub. Aetion Discover is a visual-first application designed for exploratory analyses on wide-ranging research questions from disease burden to unmet need, real-world value, and more, and it is already transforming the way clients generate insights quickly and at scale.
Ken joined Aetion in August 2023 as SVP of Engineering and, early on, led the successful launch of Discover and product enhancements such as an R development environment integrated with Aetion applications, workflow updates to Aetion® Substantiate, and new data management capabilities in the Aetion Evidence Platform®.
“As a technology leader of companies at all stages and sizes, and as a multi-time founder himself, Ken is the ideal person to lead Aetion’s overall technology and product organization and our Barcelona technology hub,” said Jeremy Rassen, Aetion President and Co-Founder. “His expertise in building global teams, combined with the mission-driven engineering talent in Barcelona, will be put toward solving complex problems and further accelerating our ambitious software roadmap.”
Ken shared, “I am honored to be stepping into the CTO role at this inflection point for Aetion. Building high-quality software in a rapidly evolving field takes entrepreneurial spirit and technical know-how, and I’m thrilled to bring my skills to help answer today’s most pressing questions in healthcare. With our expanded and co-located Barcelona team working closely with our world-class epidemiologists and data scientists, I am confident in our ability to deliver the next wave of software innovation that’s so critically needed in this era of novel treatment proliferation.”
Aetion is the only company to offer a full range of software products to turn real-world data into real-world evidence. All Aetion applications are built upon its flagship Aetion Evidence Platform, providing interoperability across applications while consistently drawing upon virtually any source data and hosting environment.
Contact [email protected] for more information on Aetion software and services, or [email protected] to inquire about roles in Aetion’s Barcelona Technology Hub.
About Aetion®
Aetion is a healthcare analytics company that delivers real-world evidence for the manufacturers, purchasers, and regulators of medical treatments and technologies. Aetion’s suite of real-world data analytics applications analyzes data from the real world to produce transparent, rapid, and scientifically validated answers on safety, effectiveness, and value. Founded by Harvard Medical School faculty members with decades of experience in epidemiology and health outcomes research, Aetion informs healthcare’s most critical decisions—what works best, for whom, and when—to guide product development, commercialization, and payment innovation. Learn more at aetion.com.
Logo – https://mma.prnewswire.com/media/664868/Aetion_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/aetion-launches-barcelona-technology-hub-and-appoints-ken-watson-as-chief-technology-officer-302181094.html

Continue Reading

Artificial Intelligence

Workers embrace AI and prioritise skills growth amid rising workloads and an accelerating pace of change: PwC 2024 Global Workforce Hopes & Fears Survey

Published

on

workers-embrace-ai-and-prioritise-skills-growth-amid-rising-workloads-and-an-accelerating-pace-of-change:-pwc-2024-global-workforce-hopes-&-fears-survey

Almost half (45%) of workers say their workload has increased significantly in the past year, as almost two-thirds (62%) say the pace of change at work has increased over the same timeMore than one-quarter (28%) say they are very or extremely likely to switch employer in the next 12 months – a higher proportion than during the ‘Great Resignation’ (19%) in 2022Employees prioritise skills-growth: fewer than half (46%) strongly or moderately agree that their employer provides adequate opportunities to learn new skills. This is particularly important for workers considering leaving: two-thirds (67%) say opportunities to learn new skills are a key factor in any decision to job-switchMore than 80% of workers who use generative AI daily expect it to make their time at work more efficient in the next 12 months. Half (49%) of all users expect it to lead to higher salariesCost-of-living pressures ease slightly: the proportion of workers with money left over each month rises to 45% (compared to 38% in 2023). However, 52% say they are still financially stressedLONDON, June 25, 2024 /PRNewswire/ — Among more than 56,000 workers across 50 countries and territories, many say they are prioritising long-term skills growth to accelerate their careers amid rising workloads and heightened workplace uncertainty, according to PwC’s 2024 Global Workforce Hopes & Fears Survey, published today.

In the last 12 months, workers say they have experienced rising workloads (45%) and an accelerating pace of workplace change. Nearly two-thirds (62%) say they have experienced more change at work in the past year than the 12 months prior, with two-fifths (40%) noting their daily responsibilities have changed to a large or very large extent. Almost half (44%) don’t understand the purpose of changes taking place.
In the midst of this growing mix of employee pressures, the findings suggest workers are alert to opportunities elsewhere, and are highly focused on skills growth and embracing AI.
More than one-quarter (28%) say they are likely to switch employer in the next 12 months, a percentage far higher than during the ‘Great Resignation’ (19%) of 2022. Two-thirds (67%) of those considering moving say skills is an important factor in their decision to stay with their current employer or switch to a new one.
Carol Stubbings, Global Markets and Tax & Legal Services (TLS) Leader, PwC UK, said:
“As workers face heightened uncertainty, rising workloads and continue to face financial stress, they are prioritising skills growth and embracing new and emerging technologies such as GenAI to turbocharge their growth and accelerate their careers. The findings suggest that job satisfaction is no longer enough. Employees are placing an increased premium on skills growth in a climate characterised by constant technological change. Employers must ensure they are investing in their employees and technological platforms to mitigate employee pressures and retain the brightest talent.”
Workers embrace AI to ease workplace pressures and unlock personal growth
As employees face heightened workplace pressures, they are also turning to new and emerging technologies such as generative AI (GenAI) to help. Among those employees who use GenAI daily, 82% expect it to make their time at work more efficient in the next 12 months.
Employees are also optimistic about opportunities for GenAI to support their growth. Half (49%) of all users expect GenAI to lead to higher salaries – an expectation that’s even higher (76%) among employees who use the technology daily. More than 70% of users agree that GenAI tools will create opportunities to be more creative at work (73%) and improve the quality of their work (72%).
The skills imperative
Workers are placing an increased premium on skills growth to mitigate their concerns and accelerate their careers. Employees who say they are likely to switch employers in the next 12 months are nearly twice as likely to strongly consider upskilling in that decision than workers planning to stay (67% vs. 36%). This comes as fewer than half (46%) of all employees moderately or strongly agree that their employer provides adequate opportunities to learn new skills that will be helpful to their careers.
Employees who are likely to leave in the next year may be more attuned to skills changes that are needed than the general workforce, with 51% moderately or strongly agreeing that the skills their job requires will change in the next five years (vs. 29% of those unlikely to change employer).
There is particular interest in the impact of AI on skills development, with 76% of all users expecting it to create opportunities to learn new skills at work. However, employers will need to invest heavily in new and emerging technology training and access. Among employees who have not used GenAI at work in the last 12 months, one-third (33%) don’t think there are opportunities to use the technology in their line of work, while 24% don’t have access to the tools at work, and 23% don’t know how to use the tools.
Despite the pace of change, there are also signs of optimism and engagement at work. 60% of workers expressed at least moderate job satisfaction (up from 56% in 2023) while more than half (57%) of employees who view fair pay as important agree that their job is fairly paid. Cost-of-living pressures have slightly eased since 2023 (the proportion of workers with money left over each month has risen to 45%, up from 38%). However,  more than half (52%) say they are still financially stressed to some degree.
Pete Brown, Global Workforce Leader, PwC UK, said:
“Technology is fundamentally transforming the way work gets done and the types of skills employers are looking for. Employees are therefore placing an increased premium on organisations that invest in their skills growth so that they can stay relevant and thrive in a digital world. Businesses in turn must be proactive in their upskilling programs – prioritising the employee experience and being transparent. Because when you meaningfully engage your workforce, they become an accelerant for successful transformation.”
Notes to Editors: 
About the Survey
In March 2024, PwC surveyed 56,600 individuals across 50 countries and territories who are in work or active in the labour market. The sample was designed to reflect a range of industries, demographic characteristics and working patterns. You can read the full report on pwc.com.
About PwC
© 2024 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.
Contact:  Imran Javaid, Global Corporate Affairs and Communications, PwC UK: [email protected] Dan Barabas, Global Corporate Affairs and Communications, PwC UK: [email protected]
Logo – https://mma.prnewswire.com/media/1121790/PWC_Logo.jpg

View original content:https://www.prnewswire.com/in/news-releases/workers-embrace-ai-and-prioritise-skills-growth-amid-rising-workloads-and-an-accelerating-pace-of-change-pwc-2024-global-workforce-hopes–fears-survey-302180793.html

Continue Reading

Trending