Surgical Drainage Devices Market Likely to Reach Beyond $2.3 Billion By 2025: Grand View Research, Inc.

Surgical Drainage Devices Market Likely to Reach Beyond $2.3 Billion By 2025: Grand View Research, Inc.

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According to report published by Grand View Research, the growth of surgical drainage devices market is catapulted by increasing incidence of chronic diseases, the need to curb healthcare expenditure, and additional benefits associated with surgical drain devices. Majority of the times, these devices are used for prevention of fluid accumulation and in postsurgical treatment & care.

According to a report,“Surgical Drainage Devices Market Analysis By Product (Active, Passive), By Application (Cardiothoracic, Neurosurgery, Abdominal Surgery, Orthopedics), By End-use, And Segment Forecasts, 2018 – 2025”, published by Grand View Research, Inc., The global surgical drainage devices market is anticipated to reach USD 2.3 billion by 2025. The growth of this market is catapulted by increasing incidence of chronic diseases, the need to curb healthcare expenditure, and additional benefits associated with surgical drain devices. Majority of the times, these devices are used for prevention of fluid accumulation and in postsurgical treatment & care. 

Key Takeaways from the report:

  • Active surgical devices are expected to gain considerable market share owing to their increasing usage in surgeries

  • With a wide range of passive surgical drain devices being available in the market, product penetration is high, fetching them adequate share in the market

  • With an increase in the incidence of musculoskeletal diseases, arthritis, and osteoporosis, orthopedics application is expected to witness the fastest growth during the forecast period

  • Cardiothoracic application is expected to be the largest segment due to global rise in cardiovascular diseases and the number of surgeries being performed

  • North America accounted for the largest market share owing to local presence of dominant players in the market and availability of sophisticated infrastructure as well as existence of healthcare reforms to curb the incidence of chronic diseases

  • The Asia Pacific region is expected to flourish during the forecast period owing to the change in various healthcare reforms and development of new medically advanced technologies

  • Active surgical devices are expected to gain considerable market share owing to their increasing usage in surgeries

  • With a wide range of passive surgical drain devices being available in the market, product penetration is high, fetching them adequate share in the market

  • With an increase in the incidence of musculoskeletal diseases, arthritis, and osteoporosis, orthopedics application is expected to witness the fastest growth during the forecast period

  • Cardiothoracic application is expected to be the largest segment due to global rise in cardiovascular diseases and the number of surgeries being performed

  • North America accounted for the largest market share owing to local presence of dominant players in the market and availability of sophisticated infrastructure as well as existence of healthcare reforms to curb the incidence of chronic diseases

  • The Asia Pacific region is expected to flourish during the forecast period owing to the change in various healthcare reforms and development of new medically advanced technologies

Japan surgical drainage devices market by product, 2014 - 2025 (USD million)

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With the escalating number of diseases that require surgical intervention, these devices are now being used in hospitals, clinics, and ambulatory surgical centers. Active surgical drain devices make use of negative pressure or vacuum to remove fluid buildup, and are preferred over conventional passive drain devices as they help in healing the wound quickly.

Drainage devices are used in cardiothoracic surgeries, neurosurgical procedures, orthopedic surgeries, and abdominal surgeries among others. Global rise in musculoskeletal diseases, arthritis, and osteoporosis has resulted in an increase in number of surgeries being performed, which has further led to an increase in adoption of these devices.

The North American region accounted for the largest market share due to technologically advanced medical infrastructure and successful integration of ambulatory health services in its healthcare system. Emerging countries like India, China, and Brazil are also expected to flourish during the forecast period owing to their developing healthcare infrastructure and increasing adoption of advanced medical technology to curb chronic diseases.

U.S. surgical drainage devices market, by application, 2016 (%)

The North American region accounted for the largest market share due to technologically advanced medical infrastructure and successful integration of ambulatory health services in its healthcare system. Emerging countries like India, China, and Brazil are also expected to flourish during the forecast period owing to their developing healthcare infrastructure and increasing adoption of advanced medical technology to curb chronic diseases.

Grand View Research has segmented the global surgical drainage devices on the basis of product, application, end-use, and region:

Surgical Drainage Devices Product Outlook (Revenue, USD Million; 2014 – 2025)

  • Active Drainage Devices

  • Passive Drainage Devices

Surgical Drainage Devices Application Outlook (Revenue, USD Million; 2014 – 2025)

  • Cardiothoracic

  • Neurosurgery

  • Abdominal Surgery

  • Orthopedics

  • Others

Surgical Drainage Devices End-use Outlook (Revenue, USD Million; 2014 – 2025)

  • Hospitals

  • Clinics

  • Ambulatory Surgical Centers

Surgical Drainage Devices Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

  • Asia Pacific

    • Japan

    • China

    • India

  • Latin America

    • Brazil

    • Mexico

  • MEA

    • South Africa

    • Saudi Arabia

Explore surgical drainage devices market research database, Navigate with Grand View Compass, by Grand View Research, Inc.

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

For more information: www.grandviewresearch.com

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