Drainage Bottles Market is expected to expand at a CAGR of 6.0% from 2021 to 2028
Drainage Bottles Industry Overview The global drainage bottles market size was valued at USD 434.6 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.0% from 2021 to 2028. The increasing number of accidents and rising prevalence of diseases such as uremia and cardiovascular diseases are expected to positively impact market growth during the forecast period. The rapid increase in the number of accidents is expected to boost the demand for drainage bottles globally. The growing prevalence of chronic diseases, such as diabetes, cancer, and Deep Vein Thrombosis (DVT), increases the probability of developing chronic wounds, which is expected to drive the market for drainage bottles. The prevalence of DVT is increasing, which is a condition that can increase the chances of patients developing venous ulcers. As per the CDC, around 900,000 people may be affected by DVT in the U.S. each year. Out of these, around 20% to 50% may devel...