Global Surgical Drainage Devices Market:
The global surgical drainage devices market size reached US$ 1.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.5 Billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032. The growing number of procedures related to the chest, breast, abdominal, lymph node, and thyroid is augmenting the market.
Report Attribute
|
Key Statistics
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Base Year
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2023
|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 1.8 Billion |
Market Forecast in 2032
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US$ 2.5 Billion |
Market Growth Rate 2024-2032 |
3.5% |
Surgical Drainage Devices Market Analysis:
- Major Market Drivers: The growing demand for plastic surgery due to the rising willingness among individuals to undergo cosmetic and reconstructive surgeries is fueling the market.
- Key Market Trends: Innovative advances in medical technology are enhancing the effectiveness and safety of drainage devices for patients, which is acting as a significant growth-inducing factor.
- Competitive Landscape: Some of the major market companies include Acelity L.P. Inc. (3M Company), B. Braun Melsungen AG, Becton Dickinson and Company, Cardinal Health Inc., Cook Group Incorporated, Johnson & Johnson, Medela AG, Medtronic plc, Smith & Nephew plc, Stryker Corporation, and Teleflex Incorporated, among many others.
- Geographical Trends: Asia Pacific is experiencing rapid growth due to the rising healthcare investments. In contrast, North America leads with advanced healthcare infrastructure. Moreover, Europe shows steady demand, driven by aging populations and Latin America sees moderate growth, while the Middle East and Africa expand through improving healthcare access.
- Challenges and Opportunities: The high risk of infections hampers the surgical drainage devices market recent opportunities. However, developing advanced antimicrobial materials and improving post-operative care protocols will continue to strengthen the market growth over the forecasted period.
Surgical Drainage Devices Market Trends:
Advancements in Minimally Invasive Surgical Procedures
Technological progress in minimally invasive surgery has driven the development of surgical drainage devices that reduce patient trauma. In addition, these devices are now more efficient at facilitating fluid drainage without the need for large incisions, resulting in faster recovery times, less pain, and a reduced risk of complications. For instance, in May 2024, the Thopaz+ digital chest drainage system by Medela highlighted ongoing improvements in cardiothoracic surgery, where digital systems have transformed post-operative management. This is positively influencing the surgical drainage devices market recent price trends.
Increasing Demand for Patient-Specific Drainage Solutions
The growing focus on personalized medicine has driven innovation in patient-specific surgical drainage devices. Tailored drainage solutions help accommodate individual anatomical variations and specific conditions, optimizing post-operative outcomes while reducing discomfort and ensuring more effective and accurate fluid management. For instance, in April 2024, IIT Roorkee partnered with UnivLabs Technologies to develop biodegradable ureteral stents for urology. This innovation in surgical drainage devices aims to reduce complications like infections and eliminate the need for follow-up surgeries, marking a significant advancement in patient care and medical technology. This is escalating the surgical drainage devices market demand.
Innovation in Reducing Post-Surgical Complications
Surgical drainage devices are continually evolving to minimize the risk of post-surgical complications, such as infections and fluid retention. In contrast, improved materials and designs now enhance sterility, drainage efficiency, and ease of use, helping prevent common issues like leakage and reducing the need for additional interventions or surgeries. For instance, in February 2024, FUJIFILM India launched the ALOKA ARIETTA 850, a cutting-edge endoscopic ultrasound system, at Fortis Hospital, Bengaluru, India. This technology advances minimally invasive procedures like bile duct drainage and pseudocyst management, thereby improving patient care in gastrointestinal surgeries and therapies and expanding the surgical drainage devices market share.
Global Surgical Drainage Devices Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market report, along with the surgical drainage devices market forecast at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on product, application, and end use.
Breakup by Product:
The report has provided a detailed breakup and analysis of the market based on the product. This includes active and passive.
According to the surgical drainage devices market outlook, these devices are classified as active, utilizing drainage for fluid removal, or passive, and relying on gravity. For example, Argon Medical's CLEANER Vac thrombectomy system enhances blood clot removal, while biodegradable ureteral stents showcase advancements in passive drainage solutions and minimize complications.
Breakup by Application:
- Cardio-Thoracic Surgeries
- Neurosurgery Procedures
- Abdominal Surgery
- Orthopedics
- Others
The report has provided a detailed breakup and analysis of the market based on the application. This includes cardio-thoracic surgeries, neurosurgery procedures, abdominal surgery, orthopedics, and others.
As per the surgical drainage devices market overview, these devices are vital across multiple specialties, including cardio-thoracic surgeries, neurosurgery, abdominal surgery, and orthopedics. For example, the CLEANER Vac thrombectomy system enhances precision and efficiency, reducing risks and improving recovery, marking significant advancements in post-operative care across diverse surgical fields.
Breakup by End Use:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
The report has provided a detailed breakup and analysis of the market based on the end use. This includes hospitals, clinics, and ambulatory surgical centers.
Hospitals, clinics, and ambulatory surgical centers rely on advanced surgical drainage devices to improve patient care and recovery. These devices help manage fluid drainage post-surgery, reducing complications, accelerating healing, and enhancing efficiency across a wide range of medical procedures, thereby elevating the surgical drainage devices market revenue.
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.
In Asia Pacific, rapid healthcare advancements and rising surgical procedures drive growth. Furthermore, North America leads due to high healthcare expenditure and technological innovation, while Europe focuses on advanced post-operative care. Besides this, Latin America is experiencing moderate growth with improving healthcare infrastructure, which is elevating the surgical drainage devices market statistics.
Competitive Landscape:
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major surgical drainage devices market companies have also been provided. Some of the key players in the market include:
- Acelity L.P. Inc. (3M Company)
- B. Braun Melsungen AG
- Becton Dickinson and Company
- Cardinal Health Inc.
- Cook Group Incorporated
- Johnson & Johnson
- Medela AG
- Medtronic plc
- Smith & Nephew plc
- Stryker Corporation
- Teleflex Incorporated
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Surgical Drainage Devices Market Recent Developments:
- May 2024: The Thopaz+ digital chest drainage system by Medela highlighted ongoing improvements in cardiothoracic surgery, where digital systems have transformed post-operative management.
- April 2024: IIT Roorkee partnered with UnivLabs Technologies to develop biodegradable ureteral stents for urology. This innovation in surgical drainage devices aims to reduce complications like infections and eliminate the need for follow-up surgeries.
- February 2024: FUJIFILM India launched the ALOKA ARIETTA 850, a cutting-edge endoscopic ultrasound system, at Fortis Hospital, Bengaluru, India.
Surgical Drainage Devices Market Report Scope:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Scope of the Report
|
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Product
- Application
- End Use
- Region
|
Products Covered |
Active, Passive |
Applications Covered |
Cardio-Thoracic Surgeries, Neurosurgery Procedures, Abdominal Surgery, Orthopedics, Others |
End Uses Covered |
Hospitals, Clinics, Ambulatory Surgical Centers |
Regions Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Acelity L.P. Inc. (3M Company), B. Braun Melsungen AG, Becton Dickinson and Company, Cardinal Health Inc., Cook Group Incorporated, Johnson & Johnson, Medela AG, Medtronic plc, Smith & Nephew plc, Stryker Corporation, Teleflex Incorporated, etc. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global surgical drainage devices market performed so far, and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global surgical drainage devices market growth?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global surgical drainage devices market, and who are the key players?
- What is the degree of competition in the industry?
- What is the competitive structure of the global surgical drainage devices market?
- Who are the key players/companies in the global surgical drainage devices market?
Key Benefits for Stakeholders:
- IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the surgical drainage devices market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the global surgical drainage devices market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the surgical drainage devices industry and its attractiveness.
- The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.