Global Surgical Drains/Wound Drainage Market Outlook 2030

  • Product Code:
    RP-ID-10059251
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    139
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-12

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

" The global market size of surgical drainage devices in 2021 is estimated to be USD 2 billion, and is expected to grow at a compound annual growth rate of ~3% during the forecast period 2022-2030. The global increase in chronic diseases, the increase in the number of operations being performed, and the diversified product portfolio are some of the factors contributing to the growth.The global increase in chronic diseases has created a huge demand for surgical drainage devices. Due to the increasing use of these devices in various applications, the increase in the number of surgeries has also led to market growth. Another factor contributing to growth is the increase in tobacco and alcohol consumption, which has led to an increase in cancer-related surgery. 

 

Most of these surgeries involve the use of these devices to effectively remove fluid and air that accumulate at the surgical site. There are various devices used to prevent fluid accumulation, such as blood, infected body fluids, and pus. These devices are also used to reduce air accumulation and in some cases to characterize fluids. 

 

The use of drainage tubes depends on the surgery performed. Drainage tubes of various sizes and shapes can be used for different types of surgery. ABThera developed by Acelity is a product that uses negative pressure to remove fluid in the abdominal cavity and helps reduce edema during abdominal surgery. Therefore, there are a variety of products dedicated to certain procedures that can help doctors and patients of different levels.

 

 The products available on the market are multifunctional in nature and can be used in a variety of applications. Products such as Penrose drain pipes are available in a variety of materials, sizes and shapes, making them easy to use in a wide range of applications. Cardinal Health is one of the major players in the surgical drainage industry and has a broad portfolio of Penrose drainage products that can be used in a variety of applications.

 

 The increase in medical tourism in countries such as Brazil, India, Turkey and Malaysia has enabled patients to undergo surgical procedures and detailed medical monitoring at lower prices. This is expected to further boost the market in these countries. These procedures also require the use of customized drainage equipment for specific conditions, which can further promote growth.

 

PRODUCT INFORMATION : 


According to different products, the surgical drainage device market is divided into active devices and passive devices. As of 2020, active surgical drainage devices accounted for the largest share. These devices use suction (usually vacuum or wall suction) to expel fluid and prevent air from accumulating at the surgical site. In most cases, active surgical drainage devices use negative pressure therapy to drain fluid from the surgical site.

 

The surgeon performing the operation selects the drainage tube according to the type of operation being performed. The active drain pipe is not exposed to the atmosphere, which can prevent the growth of bacteria. They have the ability to keep wounds dry and effectively remove fluids. For example, the Altitude Dry Suction Chest Drainage Unit is a device developed by Medtronic to remove accumulated fluid through wall suction during cardiothoracic surgery. 

 

On the surgical incision. One of the additional benefits of using passive drainage tubes is that they cause less discomfort and pain during the drainage process, and they can also prevent excessive mechanical tissue damage. Therefore, with the prevalence of chronic diseases and other diseases (such as osteoporosis and arthritis), the use of active surgical drainage devices in various end-use environments has increased. Although the benefits of using active devices are far more than passive drainage devices, the use of passive drainage devices in various applications has brought the market penetration of these products to a higher level.

 

 APPLICATION INFORMATION: 


 The market is divided into cardiothoracic surgery, neurosurgery, abdominal surgery, orthopedics, etc. according to application. In 2016, due to the increase in the prevalence of cardiovascular diseases, cardiothoracic surgery accounted for the largest proportion. 

 

According to the World Health Organization, cardiovascular disease is the leading cause of death in the world, causing approximately 17.7 million deaths in 2012. This creates a need for a chest drainage system that allows for easy and effective drainage of fluid from the chest. The increase in the number of operations being performed has led to the increasing use of surgical drainage devices specifically designed for cardiovascular surgery. For example, the Pleur-evac thoracic drainage system developed by Teleflex Incorporated is a device that helps to effectively drain fluid during cardiothoracic surgery.

 

According to data from the American Academy of Neurology, stroke and Alzheimers disease are listed as the third and sixth leading causes of death in the United States, respectively. These facts indicate that the incidence of neurological diseases, which usually require surgical intervention at the time of diagnosis, has increased surprisingly. 

 

Therefore, this increase has led to an increase in the demand for drainage tubes used after neurosurgery. Many developers have designed surgical drainage devices that can be specifically used for abdominal surgery. For example, the ABThera Open Abdomen negative pressure therapy system developed by Acelity is designed to provide medial tension and help minimize fascia retraction and reduce site swelling. 

 

Therefore, the increasing use of drainage tubes in abdominal surgery has also contributed to the overall growth of the market. Drainage tubes are used in orthopedic surgery to remove any type of abscess and reduce the risk of bacterial growth in the effusion. Globally, the increase in musculoskeletal diseases and orthopedic trauma can also be attributed to the increase in the number of operations. Therefore, this market segment is expected to achieve lucrative growth during the forecast period.

 

 END USE INFORMATION: 


According to the end-use, drainage devices are divided into hospitals, outpatient surgery centers, and clinics. Due to the large number of operations performed, hospitals had the largest share in 2020. The increase in the number of outpatient surgery centers worldwide is another key factor attributable to market growth. According to data from the Healthcare Research and Quality Institute, in 2014, more than 17.2 million visits included at least one surgery. In 2013, injuries in the United States accounted for 671 billion U.S. dollars. 

 

Trauma treatment requires surgical intervention, which has increased the use of surgical drainage devices in hospitals. Technological advances and increased use of minimally invasive techniques are some attributable to the growth of outpatient services. The outpatient surgery center provides a high-quality, cost-effective alternative to inpatient treatment for surgical intervention.

 

 According to the Association of Outpatient Surgery Centers, more than 23 million operations are performed in outpatient surgery centers each year. Most of these centers are Medicare certified, so the number of patients visiting them is increasing. Therefore, outpatient surgery centers have also contributed to the growth of the market, and specialist clinics have also experienced tremendous growth, providing personalized services according to the needs of patients. Therefore, the increasing use of these devices has allowed this market segment to grow.

 

REGIONAL INFORMATION: 


 In 2020, the North American market had the largest revenue share. Increased R&D investment and support for government initiatives aimed at reducing chronic diseases globally can be attributed to market growth. Due to the increasing penetration of healthcare companies that have invested heavily in the region, the Asia-Pacific region is expected to grow at the fastest compound annual growth rate during the forecast period.

 

 The ever-changing healthcare reforms help the market grow by making new products available on the market. In Asia-Pacific countries such as India, China, Japan, and Indonesia, the incidence of chronic diseases has gradually increased, increasing the health burden of the region. Due to this growth, a large number of operations are underway, which is expected to accelerate market growth, while the prevalence of chronic diseases in Latin America is also increasing, thereby increasing health expenditures. Countries in the region. The increase in the incidence of chronic diseases has also accelerated the development of surgical drainage devices, which are used to effectively remove liquid and air accumulated during postoperative operations.

 

SURGICAL DRAINAGE DEVICE MARKET SHARE INFORMATION: 


Some major players include Acelity; Teleflex; Cardinal Health; Medtronic; Cook Medical; and Stryker. The market is highly fragmented, with many large, small and medium players. These leading companies face competition from local companies. Most players focus on the development of new products. For example, in May 2015, Cardinal Health announced the launch of its negative pressure wound therapy (NPWT) product portfolio. Launched new products Cardinal Health SVED and NPWT PRO, designed to better manage chronic and acute wounds.

 

MARKET SEGMENTS COVERED BY THE REPORT: 


The report forecasts global, regional, and national revenue growth, and analyzes industry trends in each sub-segment from 2022-2030. For the purpose of this research, Kenneth Research has segmented the global surgical procedures based on the drainage device market by product, application, end use and region: Product Outlook (Revenue, USD million, 2022-2030) Active and Passive Application Outlook (Revenue) , USD million, 2022-2030) Cardiothoracic Surgery Abdominal Neurosurgery Surgery Orthopedics Other end-use outlook (revenue, USD million, 2022-2030) Hospital outpatient surgery center.
 


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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