Surgical Drainage Devices Market: Segmented: By Product Type (Active Drainage, Passive Drainage), By Application (General Surgery, Neurosurgery, Obstetrics/Gynecology, Orthopedics, Plastic/Reconstructive Surgery, Thoracic and Cardiovascular), By End User (Hospitals, Independent Clinics, Others), And Region - Global Analysis of Market Size, Share & Trends For 2021-2022 And Forecasts To 2032
[ 170 + Pages Research Report ] Surgical Drainage Devices Market to surpass USD 4.3 billion by 2032 from USD 2.6 billion in 2021 at a CAGR of 4.6% in the coming years, i.e., 2022-32.
Surgical drainage devices comprise soft malleable tubes that remove the blood, pus, and fluid from the wound, inhibiting it from getting accumulated in the body. After the surgery, the surgical drainage devices are implanted into the body parts to drain bodily fluids. These tools aid in closing the empty space and guard against infection in the operating room. Depending on the amount of leakage, patients must have their drains in for one to two weeks. The market is highly competitive owing to multiple buyers and market participants constantly engaged in adopting growth strategies.
The Surgical Drainage Devices Market is expected to project a notable CAGR of 4.6% in 2032.
The growing prevalence of chronic diseases is expected to increase, which would increase the demand for surgical drainage devices. Due to the growing use of these devices in numerous applications, an increase in the number of surgeries may potentially spur market growth. The rise in smoking and alcohol intake, leading to an increase in cancer-related procedures, is another factor fueling the growth of the market.
The Active Drainage segment is expected to grow with a higher CAGR during 2022-32
Surgical Drainage Devices market is categorized on the basis of Product Type into Active Drainage and Passive Drainage. Active surgical drainage devices constituted the greater share in the previous years. These devices use suction, either vacuum or wall suction, to remove the fluid and avoid the buildup of air in the surgical area. Active surgical drainage devices frequently use negative pressure therapy to drain fluid from the surgery site.
The Hospitals segment is expected to grow with a higher CAGR during 2022-32
Surgical Drainage Devices market is categorized on the basis of End Users into Hospitals, Independent Clinics, and Others. Owing to the high number of procedures performed in the past years, the hospital's segment accounted for the higher proportion. Another significant factor driving the expansion of the market is the rise in the number of ambulatory surgical facilities around the world.
The Increasing Number of Surgical Procedures and Benefits offered by these Devices
One of the main drivers of the market growth is the significant rise in surgical operations of the lymph nodes, chest, breast, thyroid, and abdominal areas. Surgical drainage tools help in the healing process by eliminating bacteria, foreign objects, inflammatory mediators, and necrotic tissues. Moreover, the market is expanding owing to the rising demand for plastic surgery due to people's increased willingness to have cosmetic and reconstructive procedures. Also, surgical drainage devices efficiently monitor the possible issues and release the pressure that could hinder perfusion or cause pain, lowering morbidity.
The Growing Adoption of Less-Invasive Surgeries due to Several Benefits
Due to a number of benefits like smaller incisions, fewer complications, less discomfort, and scarring, shorter hospital stays, and quicker recoveries, less invasive procedures are becoming more and more popular. Furthermore, a growing number of elderly people are undergoing various procedures. Hence, the demand for surgical drainage devices is therefore projected to rise as more procedures are performed on a global scale.
Less Knowledge for Effective Surgeries is Hampering the Market
In-depth surgery needs a strong clinical foundation to be successful and efficient. Having insufficient knowledge and experience causes a number of problems. For example, if professionals don't know where to place the surgical drainage device, this increases the danger of leaking the drain tube and the operation area. Also, misplacing the tubes could make wound infections more prone to further dangers. These elements are anticipated to restrict the growth of the surgical drainage devices market.
Recent Developments
Surgical Drainage Devices Market: Key Players
Surgical Drainage Devices market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. In previous years, North America dominated the global market for surgical drainage devices. High per capita healthcare spending and an increase in orthopedic operations like hip and knee replacements are expected to propel the market for surgical drainage devices in the area.
The year 2020 witnessed a significant market fall due to the entry of COVID-19. The market is adversely affected by COVID-19. This is due to numerous elective surgical treatments that were delayed. The COVID-19 infection was at significant risk of spreading in the healthcare facilities where these surgeries were carried out. Additionally, with the pandemic currently underway, cleaning the operating room has become an issue.
Surgical Drainage Devices is further segmented by region into:
Surgical Drainage Devices Segments:
Report Attribute | Details |
Market size value in 2021 | USD 2.6 Billion |
Revenue forecast in 2032 | USD 4.3 Billion |
Growth Rate | CAGR of 4.6% from 2022 to 2032 |
Base year for estimation | 2021 |
Quantitative units | Revenue in USD million and CAGR from 2022 to 2032 |
Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered | Product Type, Application, End User, and Region |
Regional scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
Key companies profiled | Teleflex Incorporated, Cardinal Health, Medtronic, B. Braun Melsungen AG, Becton, Dickinson and Company, Cook Medical, Stryker, Johnson and Johnson, REDAX, Smith & Nephew, Acelity L.P. Inc, Integra LifeSciences, Medela AG, Medline Industries, Zimmer Biomet, and Other Prominent Players. |
The Surgical Drainage Devices market size was estimated at USD 2.6 Billion in 2021 and is expected to reach USD 4.3 Billion in 2032.
Surgical drainage devices comprise soft malleable tubes that remove the blood, pus, and fluid from the wound, inhibiting it from getting accumulated in the body. After the surgery, the surgical drainage devices are implanted into the body parts to drain bodily fluids.
The Active Drainage and Hospitals segments accounted for the larger share of the Surgical Drainage Devices Market.
Key players in the Surgical Drainage Devices market are Teleflex Incorporated, Cardinal Health, Medtronic, B. Braun Melsungen AG, Becton, Dickinson and Company, Cook Medical, Stryker, Johnson and Johnson, REDAX, Smith & Nephew, Acelity L.P. Inc, Integra LifeSciences, Medela AG, Medline Industries, Zimmer Biomet, and Other Prominent Players.
The rising prevalence of chronic diseases, the need to reduce healthcare spending, and the added advantages of surgical drain devices are all accelerating the expansion of the Surgical Drainage Devices Market.
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