Surgical Drainage Devices Market (By Product: Active, Passive; By Application: Thoracic and Cardiovascular Surgeries, Neurosurgical Procedures, Abdominal Surgery, Orthopedics, Others; By End-use: Hospitals, Ambulatory Surgical Centers, Clinics) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 2030

The global Surgical Drainage Devices market size is expected to be worth around US$ 12.3 billion by 2030, according to a new report by Vision Research Reports.

The global Surgical Drainage Devices market size was valued at US$ 11.8 billion in 2020 and is anticipated to grow at a CAGR of 12.8% during forecast period 2021 to 2030.

Surgical Drainage Devices Market Size 2021 to 2030

Growth Factors

 The growth of this market is catapulted by the increasing incidence of chronic diseases, the need to curb healthcare expenditure, and additional benefits associated with surgical drain devices. The majority of the times, these devices are used for the prevention of fluid accumulation and in postsurgical treatment & care. 

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. The global rise in musculoskeletal diseases, arthritis, and osteoporosis has resulted in an increase in the number of surgeries being performed, which has further led to an increase in the adoption of these devices.

The North American region accounted for the largest market share due to technologically advanced medical infrastructure and the 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.

Report Highlights

On the basis of product, the surgical drainage devices market is categorized into active and passive devices. As of 2020, the active surgical drainage devices accounted for the largest share. These devices evacuate fluid and prevent the buildup of air at the surgical site with the use of suction, usually vacuum or wall suction. Majority of the time, active surgical drainage devices make use of negative pressure therapy to drain fluid from the surgical site. 

The surgeon performing the surgery chooses the drain based on the type of surgery being performed. Active drains are not exposed to the atmosphere thereby, preventing the growth of bacteria. They are competent in keeping the wound dry and remove fluid efficiently. For instance, Altitude Dry Suction Chest Drainage Unit is a device developed by Medtronic to remove accumulated fluid using wall suction in cardiothoracic surgeries.

Despite the availability of active drains, passive drains are preferred by surgeons as they allow easy removal of the buildup of air and fluid in the surgical incision. One of the added advantages of using passive drains is that they cause less discomfort & pain during drainage and also prevent excessive mechanical tissue injury.

Thus, with an increase in the prevalence of chronic and other diseases like osteoporosis and arthritis, the usage of active surgical drain devices has been increasing in various end-use settings. Although the benefits of using active devices are more than passive drainage devices, the usage of passive drain devices in various applications has allowed these products to penetrate the market at a higher level.

The market, on the basis of application, is divided into cardiothoracic surgeries, neurosurgeries, abdominal surgeries, orthopedics, and others. In 2020 , cardiothoracic surgeries accounted for the largest share owing to an increase in the prevalence of cardiovascular diseases. According to the World Health Organization, cardiovascular diseases are the leading cause of death globally, and in the year 2012, resulted in the deaths of an estimated 17.7 million people. This has generated demand for chest drainage systems that allow easy and efficient removal of fluid from the chest.

An increase in the number of surgeries being performed has resulted in the growing adoption of surgical drainage devices that are specifically designed for cardiovascular surgeries. For instance, Pleur-evac Chest Drainage System developed by Teleflex Incorporated is a device that aids in the efficient removal of fluids during cardiothoracic surgeries.

According to the American Academy of Neurology, in the U.S., stroke and Alzheimer’s disease ranked as the third and sixth leading cause of death, respectively. These facts are indicative of an alarming increase in neurological disorders that often require surgical intervention upon diagnosis. This rise has, thus, contributed to the increase in demand for drains that are used post neurological surgeries. 

Various developers have designed surgical drain devices that can specifically be used in abdominal surgeries. For instance, ABThera Open Abdomen Negative Pressure Therapy System developed by Acelity is designed to provide medial tension that helps minimize fascial retraction and reduce swelling at the site. Thus, increasing the adoption of drains in abdominal surgeries has also been contributing to the overall growth of the market.

Drains are used in orthopedic surgeries for removal of any sort of abscess and to reduce the risk of contamination by bacterial growth in the fluid buildup. The rise in musculoskeletal diseases as well as orthopedic trauma, globally, can also be attributed to the increase in the number of surgeries being performed. This segment thus is expected to witness lucrative growth over the forecast period.

On the basis of end use, drainage devices are segmented into hospitals, ambulatory surgical centers, and clinics. Hospitals held the largest share in 2020 due to a large number of surgeries conducted. The global increase in the number of ambulatory surgical centers is another crucial factor that can be attributed to the growth of the market. 

According to the Agency for Healthcare Research and Quality, in 2014, over 17.2 million hospital visits included at least one surgery. In 2013, injuries accounted for USD 671 billion in the U.S. Treatment of trauma requires surgical intervention, which has increased the use of surgical drainage devices in hospitals.

Technological advancements and increasing usage of minimally invasive techniques are some major factors that can be attributed to the growth of ambulatory services. Ambulatory surgical centers provide a cost-effective and high-quality alternative to inpatient hospital care for surgical interventions. According to the Ambulatory Surgery Center Association, more than 23 million procedures are performed annually in ambulatory surgical centers. The majority of these centers are Medicare-certified, hence, the number of patients that are visiting them are increasing. Thus, ambulatory surgical centers have also been contributing to the growth of the market.

Specialty clinics have witnessed immense growth as they offer customized services according to the requirements of patients. Therefore, the growing usage of these devices has allowed the growth of this segment.

North America held the largest revenue share in the market. Increasing R&D investments and supportive government initiatives directed toward the reduction of chronic diseases globally can be attributed to the growth of the market.

Asia Pacific is expected to grow at the fastest CAGR during the forecast period due to the increasing penetration of healthcare companies that are investing heavily in the region. Changing healthcare reforms are contributing to the growth of the market by allowing the commercialization of new products.

The incremental increase in the incidence of chronic diseases has been witnessed in Asia Pacific countries like India, China, Japan, and Indonesia, which has been adding to the healthcare burden in the region. As a result of this increase, a large number of surgeries are being performed, which is consequently expected to accelerate the growth of the market.

Latin America region has also been witnessing an increase in the prevalence of chronic diseases, which is increasing the healthcare expenditure of the nations in the region. Increasing the incidence of chronic diseases has also been accelerating the growth of surgical drainage devices that are used for efficient removal of fluid and air buildup in postsurgical procedures.

Key Players

Acelity; Teleflex Incorporated; Cardinal Health; Medtronic; Cook Medical; and Stryker.

Report Coverage Details
Market Size US$ 12.3 billion by 2030
Growth Rate CAGR of 12.8% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Product, Application, End use
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Acelity; Teleflex Incorporated; Cardinal Health; Medtronic; Cook Medical; C R Bard; Ethicon; B Braun; Medela; Stryker

Market Segmentation

  • Product Outlook

    • Active

    • Passive

  • Application Outlook

    • Cardio-thoracic surgeries

    • Neurosurgery procedures

    • Abdominal surgery

    • Orthopedics

    • Others

  • End-Use Outlook 

    • Hospitals

    • Ambulatory surgical centers

    • Clinics

  • Regional Outlook

    • North America

      • The U.S.

      • Canada

    • Europe

      • The U.K.

      • Germany

      • Franc

      • Italy

      • Spain

    • Asia Pacific

      • Japan

      • China

      • India

    • Latin America

      • Brazil

      • Mexico

    • The Middle East and Africa

      • South Africa

      • Saudi Arabia

The Surgical Drainage Devices market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Surgical Drainage Devices market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Surgical Drainage Devices market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Surgical Drainage Devices market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Surgical Drainage Devices market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Surgical Drainage Devices capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Surgical Drainage Devices by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Surgical Drainage Devices market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Surgical Drainage Devices market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Surgical Drainage Devices market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Surgical Drainage Devices industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Surgical Drainage Devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Surgical Drainage Devices market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Surgical Drainage Devices market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Surgical Drainage Devices market. These factors have benefited the growth of the global market for Surgical Drainage Devices. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Surgical Drainage Devices. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Surgical Drainage Devices are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2021
  • Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

To strategically profile the key players and comprehensively analyze their growth strategies.

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