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Surgical Drainage Devices Market Share

Report ID: GMI6081
Published Date: Jun 2023
Report Format: PDF

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Surgical Drainage Devices Market Share

The major players involved in the surgical drainage devices market are

Medtronic
B. Braun Holding GmbH
Acelity
Cardinal Health, Inc.
Becton
Dickinson and Company
ConvaTec

These companies implemented various strategies including new product launch, collaboration, acquisitions, etc. to stay ahead in the competitive market. The market is fragmented in nature, with large organization and local players consolidating the industry competition. The key industry participants hold considerable market share owing to strong financial revenue brand recognition and quality products.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

The market size of surgical drainage devices was reached USD 2 billion in 2022 and will cross over USD 3.1 billion by 2032, backed by the increasing surgical procedures, rising prevalence of chronic diseases, favorable reimbursement policies, and awareness about wound care.

The market share from thoracic and cardiovascular surgeries segment was valued at over USD 485 million in 2022. Surgical drains are commonly employed to effectively remove the accumulated fluid, prevent its re-accumulation, and promote lung re-expansion post the surgeries.

North America market surpassed USD 773 million in 2022, owing to technological advancements and advanced healthcare infrastructure in the region.

Medtronic, B. Braun Holding GmbH, Acelity, Cardinal Health, Inc., Becton, Dickinson and Company, and ConvaTec.